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Light Resistant Containers Market Revenue, Opportunity, Segment and Key Trends 2017-2027

07-10-2017 02:53 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Light Resistant Containers Market Revenue, Opportunity,

Light resistant containers keep the content safe from the effect of light owing to the material’s scientific properties of which it is composed, including any type of coating applied to it. A transparent light resistant container is widely used to store the medicinal agents includes capsules, tablets, etc. Light resistant containers are used in pharmaceutical industry to protect them from photochemical deterioration. Light resistant containers help to reduce light transmission adequately to protect any light sensitive medicinal product. In addition, the Light resistant container should meet the USP (U.S. Pharmacopeial Convention) reference standard to accept the light transmission limit at any wavelength of light between 290 and 450 nm. Light resistant containers also have high demand in food and beverages industry. Furthermore, red glass and amber glass are more effective to resist the sunlight to protect the contents.

Global light resistant containers market: Dynamics

The key driving factor of global light resistant containers market is rising demand for green pure and sustainable food & beverage packaging among consumers. Light resistant containers remain chemically inert, pure and safer to be used, their demand and popularity and demand is significantly rising among consumers. Technological advancement in light-resistant containers is also a major driving factor of global light resistant containers market, owing to protect the contents from ultraviolet rays, deterioration and getting fade. The rapidly growing pharmaceutical industry will help to grow the light resistant containers market across the globe due to high usage of medicines across the globe. Furthermore, significant growth in chemical industry and cosmetics industry are also the major driving factors for the light resistant containers market across the globe, owing to the high consumption of cosmetics among consumers. Significant growth in the healthcare and packaging industry acts as the key driver in the global light resistant containers market. In addition, the recyclable property of light resistant containers is another major factor which makes it the most preferred choice of packaging and helps to grow the light resistant containers market over the forecasted period. The key restraining factor of global light resistant containers market is to meet the USP reference standard due to a high protection of content from an effect of light. Light resistant containers embedded with smart devices is the key trends of global light resistant containers market.

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Global light resistant containers market: Segmentation

Global light resistant containers market can be segmented by material type, end-use industry and region type

Global light resistant containers market can be segmented by end-use type as follows:

Pharmaceutical Packaging

Food & Beverage Packaging

Cosmetics & Perfumery

Other (consumer products) packaging

Global light resistant containers market can be segmented by glass type as follows:

Amber Glass

Red glass

Global light resistant containers market: Regional Outlook

Based on the geographies, global light containers market is segmented into seven regions globally such as Eastern Europe Western Europe, North America, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. Among the regions as mentioned above, North America accounts the high market share in light-resistant containers market across the globe due to a high demand for light resistance packaging for medicinal contents. Asia-pacific is predicted to witness high growth rate in the global light resistant containers market, attributed to rapid growth of pharmaceutical industry in this region. In addition, Japan is also a high growing market for cosmetics along with pharmaceutical industry which will help to grow the light resistant containers market across the globe. The Middle East and Africa region are one of the highest oil producing region. So, MEA region is estimated to see a positive growth rate in light-resistant containers market across the globe, owing to a high demand for light-resistant containers for chemical along with the petrochemical industry. Furthermore, Western Europe is also estimated to a positive growth rate in global light containers market due to high demand for light resistant packaging in pharmaceuticals and chemical industry.

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Few prominent player of global light containers market as follow:-

The Bengal Glass Works Limited

Ghani Glass Limited

Balochistan Glass Ltd.

Misr Glass Manufacturing Company S.A.E

Centor

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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