Global Cylindrical Round Bottles Market: Overview
Bottles, over the years have emerged as a preliminary requirement during the course of consumer’s daily lives. Bottle manufacturers are determined to launch novel product designs that serve consumer demands as well as preferences. Largely manufactured from plastic or glass, the cylindrical round bottles largely used as a dose packaging product for medicinal drugs. Additionally, increased application of cylindrical round bottles across cosmetics and personal care industry are expected to escalate the growth in the cylindrical round bottle market.
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Global Cylindrical Round Bottles Market: Dynamics
Over the coming years, impressive growth in pharmaceutical industry is composed to replicate significant demand for cylindrical round bottles. In addition to pharmaceutical industry, a chunk of demand has been reported from food & beverage ingredients, cosmetic and other markets.
Nevertheless, the fragile nature as well as limited recyclable usage of the cylindrical round bottles look to be the restraining factors for cylindrical round bottles market.
Global Cylindrical Round Bottles Market: Company Developments and Industry Level Trends
Key market participants that operate in the cylindrical round bottles market have focus towards advances in terms of bottles design as well as manufacturing capacity expansion all across the globe.
- In 2014, SIGG Switzerland AG started producing 100% recyclable and BPA free Polypropylene bottles with same ecological standards of aluminum bottles.
- In Oct 2016, Contigo extended its Ashland water bottle design to new glass bottle. The bottle design is also offered in stainless steel and Tritan versions.
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Global Cylindrical Round Bottles Market: Segmentation
The global cylindrical round bottles market can be segmented on the basis of material, size/capacity, closure, preferred distribution network and the end use industry served.
The global cylindrical round bottles market can be segmented on the basis of material type into:
- Plastic Bottles
- High-density Polyethylene (HDPE)
- Low-density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Other Plastics
- Borosilicate Glass
- Soda Lime Glass
- Lead Glass
- Stainless Steel