Canisters Market: Industry Analysis, Business Prospects, Growth Opportunities and Global Forecast to 2027

“Canisters Market Research Report – Global Forecast to 2027”
Canisters Market, by Configuration (0.5-1gm, 1-2gm, 2-3gm), by End-user (Pharmaceutical, Automotive, Healthcare, Domestic, Chemical), by Application (Pharmaceuticals packaging, Diagnostic packaging) – Global Forecast 2027

Market Highlights:

The global pharmaceutical packaging market is expected to grow with a CAGR of more than 7% during the forecasted period. Among various pharmaceuticals packaging types such as pillow pak, unit pak, vials among others, canisters are growing on a growing demand. The major reason of such a wide acceptance of Canisters in pharmaceutical packaging is its rigid structure and also it is easy to keep and maintain which is becoming the major reason of its acceptance in household sectors.

Desiccant canisters are small, rigid, cylindrical containers filled with desiccant materials such as clay, silica gel, activated carbon, aimed at absorbing moisture and controlling odors. It is a plastic container made up of Polyethylene material. Due to their rigid design, desiccant canisters are ideal for automatic, high-speed insertion in pharmaceutical and Nutraceutical bottles and packaging. While desiccant packets are fed from a reel and require constant line stoppages, these are fed through a hopper system, allowing for seamless, constant insertion.

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These desiccant canisters are considered non-toxic. In addition, these canisters are FDA CFR 21 approved and considered safe to use in direct contact with food or pharmaceuticals.

Key Players of Canisters Market:

  • Zibo Uni-Shine Industry Co., Ltd.
  • Swastika International Co
  • Electrolux Group
  • Stanley Black & Decker
  • Dyson Ltd.
  • Oreck Corporation
  • TTI Floor Care
  • Eureka Forbes Ltd
  • Haier Group
  • Ashirwad Chemicals

Market Influencer:
The major growth factors of Global Canisters Market include rise in contract manufacturing, the flourishing pharmaceutical industry, and the rising awareness about the benefits of canisters among global consumers. The global pharmaceutical packaging market is also expected to benefit from technological advancements such as the introduction of Nano-enabled packaging, the packaging type that currently provides the most enhanced barrier properties against moisture, light, and mechanical forces.

However, Availability of raw materials and price volatility coupled with changing health regulations are the major deterrents which is curbing the growth of this market.

Market Segmentation:

The Global Canisters Market can be segmented into its configuration, applications and end-users.

Global Canisters Market by Configuration:

  • 5 gm. – 1 gm.
  • 1 gm. – 2 gm.
  • 2 gm. – 3gm.
  • 3 gm. and above
  • Others

Global Canisters Market by Applications:

  • Pharmaceuticals packaging
  • Nutraceuticals packaging
  • Diagnostic packaging
  • Others

Global Canisters Market by End-users:

  • Automotive
  • Healthcare
  • Pharmaceuticals
  • Domestic
  • Chemicals
  • Retail industries
  • Others

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Latest Trends:
Clariant, a world leader in specialty chemicals, today announced in year 2015 its plans to invest CHF 10 million in a new Healthcare Packaging manufacturing plant in Cuddalore in Tamil Nadu State, located about 25 km from the city of Pondicherry. The plant will manufacture Clariant’s market-leading moisture control products to support the growing pharmaceutical packaging market in India.

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