Effervescent Packaging Market 2019
It has been observed that effervescent tablets are getting more popular in different sectors such as pharmaceutical and supplement use due to the ease in the way the tablets can be used. The tablets are designed in such a way that it can be a break in contact with liquid material, for example juice or water. With this the tablet gets easily dissolved into the solutions. This has made these tablets a perfect choice for many people, including who are consuming tablets as a dietary supplement and also as medicinally.
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Listed Key Players
• Sanner GmbH (Germany)
• Romaco Pharmatechnik GmbH (Germany)
• Nutrilo GmbH (Germany)
• Unither Pharmaceuticals (France)
• Amerilab Technologies, Inc. (U.S.)
• Hebei Xinfuda Plastic Products Co., Ltd. (China)
• Parekhplast India Ltd. (India)
• Zhejiang Sorfa Life Science Research Co., Ltd (China)
• GEA Group (Germany)
The growing demand for such tablets has clearly suggested that the global market for Effervescent Packaging is growing. In fact, the experts in this new market report are anticipated that during the forecast period, i.e., from 2018 to 2023, the market will grow at around 7.1 percent of the compound annual growth rate. The global market is getting traction from different factors. For example, the growing popularity of easy and fast dissolving medicines delivery system, the growing penetration of e-commerce in various developing countries and more.
Consumers’ interest in preventing healthcare is growing. This will also trigger the growth of this market across the world. On the other side, various regulatory issues, low investment by regional players, and low market penetration in developing areas are some of the few factors which can affect the growth rate of this market. In the year, the global Effervescent Packaging market size was USD 311 million. Now, it is estimated that by the end of 2023, it will cross USD 500 million. The major players of this market are anticipated to get some new opportunities in the coming years.
Global Market Segmentation Analysis
The worldwide market for Effervescent Packaging is segmented by packaging type, product, application, and regions. On the basis of packaging type, it is split into tubes, stick packs, sachets, and others. Considering the product type, it is divided into powder and tablets. Now coming to the application-based segment, this includes nutraceuticals, pharmaceuticals, and others. The tube segment is expected to dominate the packaging type segment as they are non-toxic. On the other hand, the tablet segment will dominate the product segment as tablets are extensively used across the world as a commonly used dosage form. However, with time, the powder products will also play a significant role in global market growth.
Regional Market Segmentation Analysis
The global Effervescent Packaging market, on the basis of region, is segmented into North America, Middle East, and Africa, Latin America, Asia Pacific, and Europe. Apart from the regions, the report also includes some key countries and analyses their market conditions. The key countries are India, Japan, Korea, South Africa, the United States, the UK, Italy, China, Russia, France, Germany, Australia, GCC Countries and more. The experts predict that in the 2017 Europe market dominated the global market with USD 122 million. So, during the forecast period, this regional market will again witness a massive growth owing to high healthcare expenditure in this region.
Recently, Sanner showcased its technical competencies and its portfolio of superior-quality intelligent packaging solutions as well as Medtech products. The company introduces its drop-in solution for different moisture-sensitive pharmaceutical products and plastic closures for tablets. Sanner also informed that it would soon launch some new packaging solutions for effervescent powders and tablets packaging.
Table of Contents – Major Key Points
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
Table 6 North America Effervescent Packaging Market, By Packaging Type
Table 7 North America Effervescent Packaging Market, By Product
Table 8 North America Effervescent Packaging Market, By Application
Table 9 U.S. Effervescent Packaging Market, By Packaging Type
Table 10 U.S. Effervescent Packaging Market, By Product
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