Press release
What is the Ring Neck Bottle market share?
Ring Neck Bottle Market: An OverviewThe rise in demand for tamper-evident packaging solutions among the modern-day consumer base is trending, these demands are successfully met by using ring neck bottles for packaging food & beverages, pharmaceutical and cosmetics products. These ring neck bottles are most widely used for packing probiotic drinks, smoothies, juices and BBQ sauces. Key manufacturers choose these ring neck bottles as they are suitable for storing hot and cold products in them. Ring neck bottles are made up of plastics and glass and further packed into re-usable packaging cartons to prevent damage to the bottles while transiting. Also, these bottles fulfil the sustainability aspect demanded by the environmentally-friendly consumer bases by using recyclable and reusable materials such as plastics and glass, which adds to the market popularity of these bottles. Due to the outbreak of covid-19, the manufacturing and supply of all industries were affected as a result of the lockdown imposed by most of the countries. During that time the production and supply of food & beverages and medical supplies were going on without any discrepancy, so was the demand for ring neck bottles was not much affected as the food & pharmaceutical industry is the largest end-users of ring neck bottles. Overall, the global ring neck bottles market is expected to register a healthy growth rate over the forecasted period.
Ring Neck Bottle Market: Dynamics
The major growth driver of the ring bottle market is the tamper-evident packaging it provides to the goods packaged in it, also there is no risk of any type of adulteration to the goods packed. It offers an empty label and marking space to the marketers and manufacturers which allows them to creatively differentiate their merchandise from others. Profitability of the manufacturers, as well as end-user industries, is increased, as ring neck bottles provide quality assurance of goods to the consumers and enable them to supply it to most distant markets. The ring neck bottles are made from recyclable materials, according to the environmental trends prevailing in the market where people require sustainable products, along with sustainable packaging. Different sizes of these bottles are produced to meet the industry requirements, due to continuous research manufacturers are producing ring neck bottles suitable for various hot fill products also having no emissions on the product packed in it, which provide lucrative growth opportunities to key players along with end-users as well. The few limitations of ring neck bottles are the brittleness of glass bottles and the ban on usage of few types of plastics by governments and regulatory authorities, which is likely to hamper the potential market growth. Despite few drawbacks, the global ring neck bottles market is anticipated to register an exponential rise over the upcoming decade.
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Ring Neck Bottle Market: Segmentation
Based on Material, the Ring Neck Bottle market is segmented into:
Plastic
PET ( Polyethylene Terephthalate)
HDPE (High-Density Polyethylene)
PVC ( Polyvinyl Chloride)
LDPE (Low-Density Polypropylene)
Glass
Based on Capacity, the Ring Neck Bottle market is segmented into:
12 Oz (236ml)
8 Oz (360ml)
Based on the End Use, the Ring Neck Bottle market is segmented into:
Food & Beverages
Pharmaceutical
Cosmetics & Personal Care
Healthcare
Others
Based on the Region, the Ring Neck Bottle market is segmented into:
North America
Latin America
Europe
Middle East & Africa (MEA)
South Asia
East Asia
Oceania
Ring Neck Bottle Market: Regional Outlook
The regions of North America and Europe are having a very mature market for ring neck bottles as these bottles are part of their products and offering for a long time. Due to innovations and new end uses of these bottles discovered indicates the expansion of the ring neck bottles market in these developed regions. Both East Asia and South Asia will be emerging as the largest and fast-paced regions for ring neck bottles over the upcoming decade. Due to the easy availability of raw materials used to produce these bottles and rapid infrastructural development making entry of new domestic players easy in the market, results in a fast-growing consumption and production of ring neck bottles to meet the ever-growing demand. The entry of global market players in the Latin American region and growing demand for these bottles as a safe packaging solution by the consumers in the region makes Latin America a high growth offering region for the ring neck bottles market. The Middle East & African region offers a large untapped market to the key market players to take advantage of the growing demand for food and pharmaceutical packaging in the region and to capitalize on growth opportunities by the underdeveloped region. Oceania being a region having high demand of PET as well as glass bottles having ring neck s for various applications, and awareness among consumers demanding products and offerings having proper tamper-evident seals will drive the market growth of ring bottles market in the region.
Ring Neck Bottle Market: Key Players
Kaufman Container
Amcor plc
MJS Packaging
Sailor Plastics
NBC Packaging USA
Origin Pharma Packaging
ALPHA PACKAGING
Berry M&H
Ring Neck Bottle Market: Key Players in Asia-Pacific Region
WEENER EMPIRE PLASTICS PVT. LTD.
Senpet Polymers LLP
Glassco Laboratory Equipments Pvt. Ltd.
Parekhplast India Limited
Shri Navkar Blowpack
GANESH PET
Xuzhou Ant Glass Products Co., LTD
The report Ring Neck Bottle Market 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 report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors Ring Neck Bottle Market segments and geographies.
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