Press release
Monodose Packs Market 2020-2030 Global Industry Analysis Covid-19 Impact | Glenroy, Inc., Montebello Packaging Inc., Winpak Ltd.
Monodose packs, also called single-dose pack, are widely accepted in packaging of certain pharmaceutical products. The salient benefits of being availability of drug in fixed dose, reduced cross-contamination, and the freedom in customization have attracted the demand. The demand for monodose packs is also growing in food & beverages and personal care and cosmetics industries. In addition, the use of monodose packs in these industries also reduces the chances of waste, are easier to store and transport due its small size, and minimize product contamination.
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Monodose packs have also been preferred in the pharmaceutical packaging to act a container for storing active ingredients in measured quantity. Some of the prevalent forms of products in the monodose packs market are sachets and stick packs. Other popular monodose packs are usually in the form of vials, ampoules, and mini-tubes and mini-jars. Monodose packs are also used in certain home care & toiletries and chemicals. Paper and paperboards are extensively used as the raw materials for monodose packs.
The need for consistent quality of mass-produced products is a major proposition in the monodose packs market. The growing demand for monodose packs in packaging of vaccines, food products, and single-use beautifiers is a key driver for prospects of the monodose packs market.
Technological Advancements and Demand Dynamics Extend Horizon in Monodose Packs Market
The need for single-sized packaging is high in ready-portioned spice mixes, single-serve beverages, and personal care products. Rise in demand for healthy food and beverage in the hospitality industry is a key trend offering steady revenue gains to players in the monodose packs market.
Technological advancements in the packaging plants have led to the advent of improved methods for prevent against contamination. A case in point is improving oxygen barrier protection. The rise in demand for rigid packaging products is a key driver in monodose packs market. The players in the market are witnessing vast lucrative streams pivoted on the growing appetite of single-use serving packs in personal care and cosmetics products. The growing trend of incorporating eco-friendly monodose packs has bolstered the prospects of the monodose packs market.
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Monodose Packs: Winning Pricing Strategies and Competitive Dynamics
Players are keen on reducing the production costs for monodose packs to meet a wide range of demands in the pharmaceutical sector. Use of low-cost and easily available materials are propelling the growth of the monodose packs market.
Compliance to regulations pertaining to single-use plastics has somewhat hampered the prospects of the monodose packs market. On the other hand, countries are striving to strengthen their recycling infrastructure across the entire value chain. Additionally, innovation in plastics is also positively propelling the growth avenues in the monodose packs market.
Players are seeking new revenue streams by offering customized monodose packs for customers in the pharmaceutical and personal care industries. After the onset of pandemic, a constrained supply chain hampered the prospects of the monodose packs market significantly.
Nonetheless, with uptick in consumer sentiments after massive drives of COVID-19 immunization programs in various countries, the demand for sachets and sticks for the products in these industries will rise among end users globally. Several manufacturers are benefitting from the trend of trialling of monodose packs in China, India, and Indonesia. Top players are geared toward adopting robust anti-counterfeit technologies or system to make monodose packs tamper proof.
Some of the key players in the monodose packs market are
Glenroy, Inc.
Montebello Packaging Inc.
ProAmpac LLC
Winpak Ltd.
Nipro Corporation
SGD S.A.
Schott AG
UDG Healthcare plc.
Amcor plc.
Berry Global, Inc.
Gerresheimer AG
Monodose Packs: Lucrative Markets
North America and Europe are expected to be lucrative monodose markets. Rise in production of monodose packs to meet a rapidly growing pharmaceutical industry in the regions is a key trend spurring the demand for products. Asian countries are expected to be emerging markets. The growth in opportunities is underpinned by the growing preference of stick packs and sachets for personal care products.
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