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Global Twin Neck Bottles Market to Witness Heightened Growth During the Period 2018 - 2028

01-07-2019 01:46 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Twin Neck Bottles Market to Witness Heightened Growth

Twin Neck Bottles Market: Introduction and Need of the Product : Twin neck bottle is an effective solution for the packaging of variety of liquid products in the pharmaceuticals, chemicals, automotive, and other industries. The bottle is also known as double neck or bettix twin neck bottle. It is very useful packaging product to pour any liquid product in a predefined amount. Its unique design and the dispensing system make it ideal storage and pouring solution for drugs in the pharmaceutical industry. The bottles could be made up of different thermoplastic materials such as polypropylene, polyethylene, PET and others. The design of bottles is made such that it is helpful in eliminating traditional two-hand pouring or filling of any liquid.

This type of bottles possesses high impact resistance, chemical resistance, and rigidity. It is very useful for the variety of tasks such as handling solutions in lab, liquids in kitchen, industrial liquid storage, etc. Its design is very simple and easy to manufacture through the bottle blowing process. Some of the global companies offer twin neck bottles to their customers in different end-use industries. Twin neck bottles are available in variety of shapes and sizes from 4 OZ to more than 2 liters. Also, some of the common neck finishes of the twin neck bottles are 20-400, 24-410, 28-410, 28-400, and 38-400.

Twin Neck Bottles Market: Market Dynamics : Demand for twin neck bottles is expected to increase at a good CAGR value throughout the forecast period due to the growing consumer orientation towards more technological advanced packaging products. Twin neck bottles are highly efficient and offer numerous advantages for liquid storage in the pharmaceutical and chemical industry. These bottles are increasingly gaining popularity due to their metered dosing and ability to protect stored liquids from surrounding gases and air. Twin neck bottles manufacturing companies are also focusing to innovate their existing product portfolio to gain competitive edge in the market.

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However, the twin neck bottles are also finding its new applications in the automotive industry which would further boost the demand for these bottles in next 5 years. Some of the restraints observed in the market is the availability of alternative packaging products such as single neck bottles and increasing regulations on the use of plastic bottles globally. Widespread application of these bottles in the pharmaceutical industry will create enormous growth opportunities in the global market. It is very useful for unit dosing of the drugs and prevents spillage or loss of liquid.

Twin Neck Bottles Market: Market Segmentation: Twin Neck Bottles Market Segmentation: By Material Type : High Density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polypropylene (PP), Others; Twin Neck Bottles Market Segmentation: By Bottle Capacity : Up to 100 ml, 100 ml to 500 ml, 500 ml to 1000 ml, More than 1000 ml; Twin Neck Bottles Market Segmentation: By End Use : Food, Pharmaceutical, Chemical, Pesticides and Insecticides, Industrial, Automotive, Others;

Twin Neck Bottles Market: Regional Overview : On the basis of region, the Twin Neck Bottles market is segmented as North America, Latin America, Eastern Europe, Western Europe, APEJ (Asia-Pacific Excluding Japan), Middle East & Africa, and Japan. Twin neck bottles market has witnessed strong growth in the North America and European region due to high adoption rate of brand owners and consumers toward new and technologically advanced packaging products.

Countries expected to project highest growth opportunities in the global twin neck bottles market are Germany, U.S., China, Italy, France, Switzerland, and Spain. The demand will continue to grow at a good CAGR value during the next decade. However, the twin neck bottles market is expected to witness steady growth in the Asia-Pacific and Latin America region. Among both of these regions, India, China, and Brazil offer high growth opportunities in the market due to good presence of pharmaceutical market in these countries. MEA and Japan also offer untapped growth potential in the global twin neck bottles market.

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Twin Neck Bottles Market: Market Players : Some of the key players in the Twin Neck Bottles market are Bettix Ltd., Berlin Packaging, Silgan Plastics Corporation, Kaufman Container Company, Richmond Containers CTP Ltd., IGH Holdings, Inc., Charles Tennant & Company Ltd., Hangzhou Glory Industry Co., Ltd., Richards Packaging, Inc., Bharat Propack Private Limited, O.Berk Company, LLC, Silverlock & Co. Pty Ltd., and Hebei ShengXiang Package Materials Co., Ltd.

The Twin Neck Bottles market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Twin Neck Bottles market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Twin Neck Bottles market report also maps the qualitative impact of various market factors on market segments and geographies.

Twin Neck Bottles Market: Regional analysis includes: North America Twin Neck Bottles Market, Latin America Twin Neck Bottles Market, Western Europe Twin Neck Bottles Market, Eastern Europe Twin Neck Bottles Market, Asia Pacific excluding Japan (APEJ) Twin Neck Bottles Market, Japan Twin Neck Bottles Market, Middle East & Africa (MEA) Twin Neck Bottles Market;

Twin Neck Bottles Market Report Highlights: A detailed overview of parent market, Changing Twin Neck Bottles market dynamics in the industry, In-depth Twin Neck Bottles market segmentation, Historical, current, and projected market size regarding volume and value, Recent industry trends and developments, Competitive landscape, Strategies for key players and products offered, Potential and niche segments, geographical regions exhibiting promising growth, A neutral perspective on Twin Neck Bottles market performance, Must-have information for Twin Neck Bottles market players to sustain and enhance their market footprint;

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About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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