Global Grab and Go Bottles Market, By Material (Plastic, Glass), Capacity (Up to 250 ml, 251- 500ml, 501-1000 ml, Above 1000ml), End-Users (Food, Beverages, Cosmetic and Personal Care, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Grab and Go Bottles Market
Data Bridge Market Research analyses that the grab and go bottles market will project a CAGR of 6.10% for the forecast period of 2022-2029.
Grab and go bottles are pre-packaged containers that come in various sizes, the most prevalent of which are less than 500 ml. They can be any shape or size, but they all include a screw top with a sealing mechanism to keep the contents fresh for as long as possible. The packaging is usually constructed of recyclable plastic, which has a low environmental impact because it is lightweight, robust, and easy to carry, and it does not require refrigeration until it is opened.
The increased popularity of bottled water as a substitute for tap waterdue to the high prevalence of water-borne diseases caused by ingesting contaminated water is driving demand for grab-and-go bottles. Furthermore, the growing demand for consumer friendly packaging will cushion the market’s growth rate. In addition, other factors such as increase in the growth of e-commerce sector and rising prevalence of recycled plastics will influence the growth of grab and go bottles market. Another significant driver that will expand the market’s growth rate is the high consumption of carbonated beverages. Also, rising urbanization and upsurge in the number of consumers choosing bottles are the factor that will further cushion the growth rate of grab and go bottles market. Also, changing lifestyle and high disposable income of the population will further surge the demand for the grab and go bottle market. Also, technological advancement and the growing strong demand from various end-use industries such as food and beverages and others will positively impact the growth rate of grab and go bottles market. Likewise, the increasing trend of single households worldwide and swift industrialization in developing countries will propel the growth rate of the grab and go bottles market.
Moreover, the rise in trend of on-the-go food and beverages consumption and increasing investment by the manufacturers to improve their production abilities will also create beneficial opportunities for the grab and go bottles market growth. Additionally, strategic collaboration among major market players and new product launches are the significant factors that will drive the growth rate of grab and go bottles market and further provide lucrative market opportunities in the future.
However, high cost, less durability and low shock withstanding characteristics of glass compared to plastic will hamper the growth rate of grab and go bottles market. The impact of COVID-19 on the supply chain will pose a major challenge to the growth of the grab and go bottles market. Also, stringent rules and regulation linked with utilization of plastics will impede the grab and go bottles market’s growth rate.
This grab and go bottles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on grab and go bottles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Grab and Go Bottles Market Scope and Market Size
The grab and go bottles market is segmented on the basis of material, capacity and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material, the grab and go bottles market is segmented into plastic and glass.
- The capacity segment of the grab and go bottles market is bifurcated into up to 250 ml, 251- 500ml, 501-1000 ml and above 1000ml.
- End-users segment of the grab and go bottles market is divided into food, beverages, cosmetic and personal care and others.
Grab and Go Bottles Market Country Level Analysis
The grab and go bottles market is analysed and market size insights and trends are provided by country, material, capacity and end-users as referenced above.
The countries covered in the grab and go bottles 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.
Europe region is predicted to continue a dominant position in grab and go bottles market among other regions worldwide. This is attributable to the rising consumption of carbonated beverages in this region. North America is expected to grow during the forecast period of 2022-2029 due to the increasing demand from end-use industries and the presence of major key players in this region.
The country section of the grab and go bottles market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Grab and Go Bottles Market Share Analysis
The grab and go bottles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to grab and go bottles market.
Some of the major players operating in the grab and go bottles market are Tetra Pak Group, Amcor plc, Nampak Ltd., Ardagh Group S.A., Gerresheimer AG, O-I Glass Inc., Berry Global Inc., KanPak LLC, Graham Packaging Company, IntraPac International, Vidrala, ALPLA, Consol, and Takemoto Packaging. Inc., among others.
Recent Development
In October 2021, Amcor plc had announced its collaboration with Alianza team to launch cooking oil bottle which is made from 100% recycled content in Columbia. Companies will be able to strengthen their sustainable packaging range due to the product launch.
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