Recent Innovations and New Product Launches is Anticipated to Provide Lucrative Opportunities for the Market

In order to prevent product contamination, a liquid is heated to a temperature of 194 degrees Fahrenheit to generate hot fill plastic bottles. Hot filling is a process that uses glass or other durable plastics that can endure the high temperatures needed to completely sterilize the container, which contains items with a pH of 4.5, such as isotonic drinks, soups, marinades, and juices, among other things. The PET bottles can survive the heat needed for hot filling without deforming or collapsing, unlike the glass bottles that are often used for the operation.

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The global hot fill packaging market is expected to reach USD 81,700.24 million by 2028 from USD 58,906.88 million in 2020, growing with a CAGR of 4.3% in the forecast period of 2021 to 2028. Good packaging is necessary for the distribution of vaccinations and vials. Strong vials that don't chemically react with the vaccine solution are a must. Plastic bottles with a hot fill are necessary for pharmaceutical products because they must interact with chemicals as little as possible. Additionally, the amount of food and beverages eaten globally is expected to increase tremendously. More ready-to-eat food is consumed globally than ever before, and drinks in hot-fill plastic bottles don't require preservatives, making them healthful to consume.   

Increase in demand among the consumers for preservative-free products will drive the market's growth rate

The increasing demand among consumers across the globe for preservative-free products is a key driver for the global hot fill packaging market. As consumers are getting more concerned about the harmful effects of preservatives in their beverages, the demand for preservative-free products is at its peak. This is driving the growth of the market. Increased expenditure by public and private players on the development of infrastructure will also promote the market growth rate. Continuous research and development pertaining to the deployment of advanced technologies will yet again widen the scope of growth.  

Report Scope and Market Segmentation

Segment Analysis:

The global hot fill packaging market is segmented into seven segments based on product type, machine type, material type, capacity, packaging layer, distribution channel, and end-use.

• On the basis of product type, the hot fill packaging market is segmented into bottles, jars, containers, pouches, cans, caps & closures, others. In 2021 bottles segment is expected to dominate the market with a 59.50% market share due to the high production quantity and ease to use nature of bottle packaging.
• On the basis of material type, the hot fill packaging market is segmented into Polyethylene terephthalate (PET), glass, polypropylene (PP), and others. In 2021, the polyethylene terephthalate (PET) segment is expected to dominate the market with a 68.09% market share as it is the most abundant and preferred packaging material for food and beverages.
• On the basis of packaging layers, the hot fill packaging market is segmented into primary, secondary, and tertiary in 2021, the primary segment is expected to dominate the market with a 70.45% market share as the primary is that layer of packaging which makes direct contact with the product.
• On the basis of capacity, the hot fill packaging market is segmented into upto 12 oz, 13 oz- 32 oz, 33 oz- 64 oz, above 64 oz. In 2021, 13 oz- 32 oz segment is expected to dominate the market with a 73.36% market share due to consumers showcasing keen interest in the size of the product’s packaging due to its affordability.
• On the basis of machine type, the hot fill packaging market is segmented automatic and manual. In 2021 automatic segment is expected to dominate the market with a 70.99% market share as it enables the mass production of packaging and reduces to chances of contamination through human contact.
• On the basis of distribution channel, the hot fill packaging market is segmented online and offline. In 2021 offline segment is expected to dominate the market with a 82.94% market share due to the vast spread network of an offline channel.

The offline segment will dominate the distribution channel segment of the hot fill packaging market

The offline segment will emerge as the dominating segment under distribution channel segment in 2021. This is because of the growing number of local and offline retailers all over the globe. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

• On the basis of end-use, the hot fill packaging market is segmented into Sauces & spreads, fruit juices, vegetable juices, jams, mayonnaise, flavoured water, ready to drink beverages, soups, dairy, nectars, and others. In 2021 fruit juices segment is expected to dominate the market with a 64.01% market share as hot fill packaging in fruit juices reduces the chances of microbial contamination.

The fruit juices segment will dominate the end use segment of the hot fill packaging market

The fruit juices segment will emerge as the dominating segment under end use in 2021 with approximately 64% market share. This is because of the growing awareness about the health benefits of fruit juices in the market especially in the developing economies. Further, growth and expansion of the food and beverages industry all around the globe will further bolster the growth of this segment.

Major Players              

Data Bridge Market Research recognizes the following companies as the market players in hot fill packaging market: United States Plastic Corporation (U.S.), Berry Global Inc. (U.S.), Imperial Packaging (U.S.), DS Smith (U.K.), Smurfit Kappa (Ireland), RESILUX NV (Belgium), SAMYANG PACKAGING CORPORATION (South Korea), MJS Packaging (U.S.), Gualapack S.p.A. (Italy), E-proPLAST GmbH (Germany), Pipeline Packaging (U.S.), Amcor plc (Australia), Graham Packaging Company (U.S.), and Borealis AG (Austria).

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Market Development

• In July, 2021, Graham Packaging Company obtained the patent rights for the method of blow molding a plastic container. This helped the company increase the product portfolio, increasing sales and revenue.
• In April 2019, Amcor Plc launched new recyclable packaging to reduce a pack's carbon footprint by up to 64%. This product launch helped the company increase its product portfolio and sales.

Regional Analysis

Geographically, the countries covered in the hot fill packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in hot fill packaging market during the forecast period 2021 - 2028

The North American region spends the most on pharmaceuticals and provides a sizable portion of the market for hot fill plastic bottles. The area creates significant demand for pharmaceuticals and offers hot fill plastic bottle makers significant development and potential. That said, the sale of hot fill plastic bottles has increased significantly in tandem with the expansion of the food and beverage sector.

Asia-Pacific is estimated to be the fastest-growing region in hot fill packaging market the forecast period 2021 - 2028

Asia-Pacific is expected to increase significantly as well and will register the highest growth rate due to significant investments made by beverage corporations in countries like China and India. Juice consumption and other non-carbonated beverages have increased simply as a result of access to refreshments. As a result, the beverage industry is growing quickly, which will probably increase demand for hot fill packaging throughout the projected period.

Impeding market growth rate factors

The availability of substitute packaging methods, such as aseptic packaging, is anticipated to be the main barrier to market growth throughout the projection period. The method has significantly increased in popularity within the food and beverage sector, fiercely challenging the hot fill packaging method. Additionally, it is projected that the worldwide hot fill packaging's high energy consumption will reduce sales. Heavy, pricey bottles are needed for the hot filling. For hot filling, 24 g vs. 16 g PET bottles are taken into account. Additionally, it might change how food tastes and how mild nutrients are affected. Due to the aforementioned issues, it is projected that the sales of hot fill packaging will suffer. However, the advantages of the market will balance the drawbacks and help increase sales of hot fill packaging.

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