Concentrate Containers Market Analysis, Forecast, and Assessment 2017 – 2027

Global concentrate containers market: Introduction

Concentrate containers are used for storing concentrates of various types. This provides effective packaging solutions for storing concentrates such as dabs, wax, oil and other concentrates. Generally, they are used to store drug concentrates such as cannabis. These concentrate containers are non-stick. The inside materials are unable to stick to the walls of containers. Concentrate containers have the wide opening which allows easy removal of content. In addition, concentrate containers are reusable and can be washed easily, which increases preference for them. These are generally made up of glass, silicone and plastic material and available in various capacities. The capacities range from mere 3 ml to 10 ml and above. Different types of closure are used for the covering of concentrate containers, such as twist lock, screw cap, and pop top. Concentrate containers provide proper safety to the product kept inside it. It prevents them from moisture, temperature, and dust. Therefore, the outlook for the growth of global concentrate containers market is expected to be positive over the forecast period.

Global concentrate containers market: Dynamics

Concentrate containers are safe to keep concentrates and prevents them from being exposed to light and moisture. They can withstand a wide range of temperature. These factors are expected to fuel the demand for concentrate containers. Another factor which can boost the demand for concentrate containers is growing demand for cannabis concentrate such as dabs and hash across the globe. Also, cannabis concentrates are now an important part of the cannabis industry. The consumption of cannabis has been observed to grow, and these cannabis extracts are highly sensitive to temperature. Hence, concentrate containers are effective solutions to keep them safe. This factor certainly is expected to boost the demand for concentrate containers over the forecast period. A wide range of concentrate containers are available in the market, which offers consumers a chance to choose suitable container. This factor is expected to fuel the demand for concentrate containers market growth over the next decade. Concentrate containers can be custom printed, which increases preference among the consumers. Manufacturers are offering various closure types in concentrate containers such as screw cap, twist lock, and pop top closure types. These factors is anticipated to increase the demand for concentrate containers over the next decade. The factor which might hamper the growth of global concentrate containers market is the use of silicone-based concentrate containers, which can have adverse effects on some of the products.

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Global concentrate containers market: Segmentation

Global concentrate containers market can be segmented as follows:

On the basis of material type, the global concentrate containers market has been segmented as:

Glass
Silicone
Plastics

On the basis of closure type, the global concentrate containers market has been segmented as:

Twist lock
Screw cap
Pop top
Others

On the basis of capacity, the global concentrate containers market has been segmented as:

Up to 5 ml
5-10 ml
10 ml & above

Global concentrate containers market: Regional Outlook

Based on regions, the global concentrate containers market is divided into seven regions namely:

North America
Western Europe
Asia-pacific except Japan
Eastern Europe
Latin America
Middle-east and Africa
Japan

The global demand for concentrate containers is expected to witness positive growth over the forecast period, due to increasing consumption of cannabis concentrates among people. The North American region is expected to witness positive growth in concentrate containers market over the forecast period, due to increment in the number of users. Western Europe and Eastern Europe regions are expected to witness high growth in concentrate containers market over the forecast period. It is due to the study that millions of young Europeans are engaged in the consumption of drugs such as cannabis and weeds, in addition, Europe is expected to be the major consumer as well as producer of cannabis. Cannabis and weed concentrates are trending products nowadays. Concentrate containers are considered to be the most appropriate packaging solution. The APEJ region is anticipated to witness average growth in the global concentrate containers market over the forecast period, as consumption of cannabis concentrate in some of the countries is illegal. Latin America is anticipated to witness positive growth over the forecast period. MEA region is expected to witness sluggish growth due to the ban imposed by the government to the use of drugs and their concentrates. Japan is expected to witness negligible growth due to strict laws against the use of such concentrates nationwide.

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Global concentrate containers market: Key Players

Few of the key players in global concentrate containers market are – Marijuana Packaging, Smoke Weed Inc., Kush Bottles, Inc., Cannaline, among others.

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This release was published on openPR.