Bottle Display Packaging Market: Industry Analysis, Trends, Growth, Opportunities, and Forecast to 2022-2028

The global bottle display packaging market is anticipated to grow at a significant CAGR of 7.7% during the forecast period (2022-2028).

A bottle display packing is used to package a wide range of consumer products, including beverages, cosmetics, and personal care items. At the point of sale, packaging plays a critical role in conveying various benefits and features of products to the customers. Packaging additionally, aids in grabbing customers' attention and persuading them to buy the product. Rising expenditure on research and development activities to develop more advanced lightweight products and increasing presence of multiple marketing channels, such as television, social media, newspaper advertisements, and billboards are significantly contributing to the growth of the market. The shifting consumer trend towards natural and recyclable material to manufacture these packaging solutions is generating new opportunities for development in the market.

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Asia-Pacific dominates the bottle display packaging market due to rising demand for good-quality packaged products and innovative packaging solutions to increase the aesthetic appeal of the products. Further, the increasing disposable income of consumers, rising demand for packaged products, and changing consumer living standards in this region will contribute significantly to the market growth.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance-

• In May 2021, in order to build the HDPE milk bottle made from post-consumer recycled materials, INEOS and Laactel forged strategic alliance. Both companies are working to introduce recyclable PET bottles for UHT milk packaging and to enhance the circular economy of plastic.

• In May 2021, Stora Enso and Pulpex teamed up to create wood pulp-based fiber-based bottles and containers. Pulpex is creating paper bottles for alcoholic, non-alcoholic, and liquid food applications using Stora Enso's expertise informed fiber material.

• In March 2021, for the Cap-it brand, Graphic Packaging introduced a recyclable beverage packaging solution. Paperboard was used to create the packaging, which provides an alternative to typical shrink films. The product is familiar with PET bottles, cans, and glass bottles in multipacks.

• In December 2020, Nutrea and Amcor Group GmbH had partnered to deliver rupro protein juice in a hot-fill (PET) bottle. Nutra/new Frudelca's orange juice came in recyclable bottles with capacities of 300ml and 440ml. Amcor was seen as a key partner in supplying an innovative packaging solution that matched the functional venture's performance requirements.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Amcor plc, Coveris, Reynolds Packaging, Berry Global, Inc., and Sonoco Products Co., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Bottle Display Packaging Market Report by Segment

By Type
• Single-use Bottle
• Multiple-use Bottle

By Application
• Alcoholic Beverages Sector
• Non-Alcoholic Beverages Sector
• Personal Care Sector
• Household Care Sector

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.