Vision Research Reports says, the global effervescent packaging market is expected to grow at a CAGR of 8.1% during the forecast period. The growing demand for pharmaceutical products is likely to drive the demand for effervescent packaging market.
The effervescent packaging market revenue has been estimated to be US$ 386 million in 2019.
The global effervescent packaging market is a multi-billion dollar market and is projected to have a rapid growth through 2027. Effervescent packaging is mainly used for the packaging of effervescent products which need to be protected from getting in contact with moisture. The primary packaging types for effervescent products include blisters, bottles, tubes, sachets, and stick packs. Effervescent Packaging has application in diverse market segments including pharmaceuticals, dietary supplements & nutraceuticals, household, cosmetics & personal care. The rapid growth is owing to factors such as rise in e-commerce resulting in the easy availability of the effervescent products, and booming growth in the dietary supplements end use sector. Health consciousness and growing sports industry has led to consumption of vitamin and nutrient supplements which is expected to boost the market in the years to come. Product developments and new launches by major players are likely to provide growth opportunities for the effervescent packaging market. The global effervescent packaging market has exhibited market dynamics particularly driven by the consumer interest in preventive health, and the increasing popularity of the fast dissolving drug delivery systems.
Tamper-Evident and Moisture Barrier Features are Generating Demand for the Global Effervescent Packaging Market
Rising Demand for Maintaining a Healthier Lifestyle is Primarily Responsible for Driving the Global Effervescent Packaging Market
North America to dominate the Effervescent Packaging Market Growth
As per VRR analysis, North America effervescent packaging market is projected to clock a CAGR of 8% through 2027 due to the presence of major players in the region. Consumption of dietary supplements is a predominant factor in consumption of effervescent products. Moreover, Asia Pacific is anticipated to grow at a significant rate due to large population and increasing disposable income along with growing health consciousness and increased consumption for dietary supplements. This is expected to boost the growth of effervescent packaging in the region.
In addition, the global effervescent packaging market is expected to shift from polyethylene effervescent packaging to polypropylene effervescent packaging due to extreme thermo stability of polypropylene with the packaged products. The effervescent packaging market is also witnessing a shift from sachets to tubes for the primary packaging. This enhances the barrier properties and prevents damage to the content of the package. This is anticipated to fuel the market demand for effervescent packaging.
Matured Consumer base of Europe to Represent a Sustained Demand for Effervescent packaging
Geographically, the Europe region is estimated to account for nearly 40% of the effervescent packaging market by the end of 2020. The demand for effervescent packaging in Europe is primarily driven by the increasing demand for nutrients to enhance wellbeing and expanded expenditure by the population are the key factors driving the market development. Germany, France, U.K and Italy represent contribute over 55% in the European effervescent packaging market.
Key companies profiled in the effervescent packaging market report include
By Primary Packaging
By Secondary Packaging
By Product Type
By Material Type
Vision Research Reports started a new study on the global effervescent packaging market, providing forecast for the period 2020-2027. In the effervescent packaging market study, lucrative opportunities are seen for effervescent packaging. The report enumerates valuable insights to enable readers to make winning business decisions for the future growth of their businesses. The report sheds light on the significant factors that are constantly shaping the growth of the effervescent packaging market, untapped opportunities for manufacturers, trends and developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting the growth of the effervescent packaging market are also incorporated in the report.
Key Questions Answered
Key indicators associated with the effervescent packaging market have been evaluated thoroughly in the report. The study highlights vital market dynamics such as key drivers, challenges, and trends, along with opportunities in the global effervescent packaging market. A comprehensive study on the supply chain of the global effervescent packaging market has also been encompassed in the report.
Other key aspects laid down in the effervescent packaging market include pricing strategy of the leading market players. Furthermore, forecast factors and forecast scenario of the effervescent packaging market have been encompassed in the report to understand future prospects of the market.
A comprehensive evaluation and forecast on the effervescent packaging market have been provided on the basis of primary packaging, secondary packaging, product type, material type, end-use and region. The report also renders imperative numbers such as historical and forecast size of various segments of the effervescent packaging market.
Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments have been delivered in the report. The effervescent packaging market has been analyzed at regional levels.
The effervescent packaging market report provides an exhaustive evaluation on the structure of the effervescent packaging market, in tandem with a dashboard view of all the leading companies profiled in the report. A company share analysis on the effervescent packaging market players has also been presented in the report, apart from the footprint matrix on the profiled market players. The report depicts the presence of manufacturers by leveraging an intensity map.
A realistic methodology along with a holistic approach makes the base for incisive insights provided in the effervescent packaging market for the study evaluation period. The VRR report comprises of detailed information on the growth prospects of the effervescent packaging industry, along with riveting insights into the forecast assessment of the market.
Extensive primary and secondary research have been employed to garner incisive insights into the forecast study of the effervescent packaging market. The report on the effervescent packaging market has further gone through a cross-validation by in-house professionals to make the effervescent packaging market report one-of-its-kind, with the highest credibility.