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Bottle Redesign Market Dynamics competitive Industry Trends Outlook 2024

09-30-2016 11:08 AM CET | Fashion, Lifestyle, Trends

Press release from: TMR

/ PR Agency: Transparency Market Research
Bottle Redesign Market Dynamics competitive Industry Trends

Packaging industry demands continuous packaging upgradation to drive more customer attraction, there by increasing the sales of the product. Bottle redesign is the most widely used strategy in the packaging especially by the food and beverage industry. Bottle redesign includes re-shaping of the bottles, redesigning of labels, logo redesign and others. Even the most successful, established and easily recognizable brands require timely brush up in terms of bottle designs. Enhancing the shelf appeal of the bottles by redesigning them, marks the beginning of brand makeover. In today’s fiercely competitive market, brands need to stay relevant to their customers and packaging designs in order to survive.

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Bottle Redesign: Market Dynamics

The packaging lifecycle requires continuous transformations in its product designs to enhance the aesthetic appeal of the product, enhance the brand level and attract more customers. These factors drive in the urge to redesign the bottles especially in the food and beverage industry. Functional attributes such as re-closability, portability, easy handling of bottles also drive the bottle redesign market. Another factor that drives the bottle redesign market is the changing consumer design preferences and the desire to stand apart in the market competition among the brands.

As per the recent trends in bottle redesign market, packaging industry emphasizes on bottle reshaping, logo redesigning by the brands, re designing of the labels and using innovative designs for the bottles. In the beverage segment, In Zone Brands Inc., redesigned its Tummy Tickler bottles- a children’s drink, to improve its grip ability for the children. Established beverage brands like Coca-Cola and Pepsi redesigned its bottles making them curvier so that they are easier to hold.

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With bottle redesigning having an advantage for the brands, it also poses threat in terms of total cost. Since packaging industry require continuous changes, brands find it difficult to cope up with the pace of changes demanded by the packaging industry. In order to survive in the competitive marketplace, brands have to continuously invest time and money in redesigning of the bottles which affects their business.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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