Effervescent Packaging Market Overview
The global effervescent packaging market, according to the latest report, is slated to reach a substantial market valuation over the review period, at a moderate CAGR of 7.1%.
The global market for effervescent tube packaging is expected to witness steady growth driven by several influential factors such as the growing awareness and the consumer shift towards preventive medical care. Moreover, the healthcare packaging manufacturers are investing extensively towards research and development projects to provide durable effervescent packaging products for longer shelf life in the foreseeable future. The growing pharmaceutical and nutraceutical industries are also expected to contribute to the growth of the global effervescent packaging market consequentially.
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The key market players in the global effervescent packaging market identified by MRFR include
- Romaco Pharmatechnik GmbH (Germany)
- Sanner GmbH (Germany)
- Nutrilo GmbH (Germany)
- Amerilab Technologies, Inc. (U.S.)
- Unither Pharmaceuticals (France)
- Hebei Xinfuda Plastic Products Co., Ltd. (China)
- Zhejiang Sorfa Life Science Research Co., Ltd (China)
- Parekhplast India Ltd. (India)
- GEA Group (Germany)
April 2019: Clariant AG, a Swiss specialty chemicals provider, launched a standard, durable tube/desiccant stopper product for packaging effervescent tablets, and was specially developed for the Vietnam market to last.
The global effervescent packaging market is segmented on the basis of packaging type, product, and application. The types of packaging available in the market are sachets, stick packs, tubes, and others. The tubes segment is expected to dominate the market over the assessment period. This is accrued to the properties of effervescent tablet tubes such as non-toxicity and immunity to microbiological threats. Moreover, they are consumer-friendly and ideal for daily usage.
The products that fuel the demand for effervescent packaging are powders and tablets. The tablet segment is touted to lead the market over the forecast period. it is the most extensively used dosage form in the pharmaceutical sector and is the preferred form of medication among consumers due to its easy intake. Thus, the high demand for tablets is consequential to the growing demand for effervescent packaging. The powder segment is also likely to grow at a moderate CAGR and contribute notably to the overall market share.
The applications of effervescent packaging are majorly found in industry verticals such as pharmaceuticals, nutraceuticals, and others.
The global effervescent packaging market, on the basis of region, is segmented into the Asia Pacific (APAC), North America, Europe, and the rest of the world (RoW).
The European region is one of the major regional markets for effervescent packaging and is poised to acquire the largest market share over the review period. This is attributed to the established pharmaceutical industry in the region, along with the high healthcare expenditure in the developed economies such as Germany, France, and the UK. The increasing consumer demand for preventive medications, supportive regulatory norms for the use and promotion of effervescent medicines, are also expected to drive product demand over the assessment period.
North America is accounted for the second-largest effervescent packaging market over the review period and is assessed to reach a substantial market share at the highest CAGR. This is accredited to the rising consumer demand for preventive medical care in the region, which is consequential to the need for effervescent packaging. An increase in the budget allocation of effervescent drug-based treatment and production is also expected to contribute towards the market growth in North America. The presence of major market players, an established pharmaceutical industry in developed nations such as the US and Canada, also provide favorable conditions for the effervescent packaging market over the assessment period.
Table Of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Effervescent Packaging Market, By Packaging Type
4.4 Stick Packs
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LIST OF TABLES
TABLE 1 GLOBAL EFFERVESCENT PACKAGING MARKET, BY PACKAGING TYPE
TABLE 2 GLOBAL EFFERVESCENT PACKAGING MARKET, BY PRODUCT
TABLE 3 GLOBAL EFFERVESCENT PACKAGING MARKET, BY APPLICATION
TABLE 4 GLOBAL EFFERVESCENT PACKAGING MARKET, BY REGIONS
TABLE 5 NORTH AMERICA EFFERVESCENT PACKAGING MARKET, BY COUNTRY
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