Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.82 Billion | USD 8.76 Billion | 6.1% | 2023 |
According to the report published by Zion Market Research, the global Bottle Shippers Market size was valued at USD 4.82 Billion in 2023 and is predicted to reach USD 8.76 Billion by the end of 2032. The market is expected to grow with a CAGR of 6.1% during the forecast period. The report analyzes the global Bottle Shippers Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Bottle Shippers Market.
In bottle shippers, each bottle is nested in the foam cavity that supports and protects the bottle from the damage. Bottle shippers are customized by the brand owners as per the requirement. The effective handling of glass bottles is done through protective foam packaging.
The escalating demand for protective packaging solutions for transportation and storage of the myriad types of products is predicted to boost the bottle shippers market trends. The massive consumption of alcoholic beverages is also a key driving factor for the bottle shippers market.
A large number of manufacturers are focusing on providing cost-efficient as well as innovative packaging solutions that can substantially increase the throughput of the company. Manufacturers in the bottle shippers market are offering customizable solutions for the brand owners and this flexibility is expected to expand the market foothold of the companies. Massive use of the product by myriad end-use sectors is anticipated to impel the bottle shippers market size.
Additionally, bottle shippers may be used for a single bottle or they can be used to package a large number of bottles. Although the bottle shippers take more storage space than other packaging solution, however, they are used to achieve efficiency in the transportation of the alcoholic and non-alcoholic beverages.
The global bottle shippers market can be classified based on product type, material type, and application type.
On the basis of product type, the market is sectored into corrugated boxes, crates, trays, and cartons.
Based on the material type, the market is classified into plastic, wood, paper board, and foam.
Application wise, the bottle shippers market is divided into beer, sauce, wine, oil, dairy products, spirits, and juices.
Report Attributes | Report Details |
---|---|
Report Name | Bottle Shippers Market |
Market Size in 2023 | USD 4.82 Billion |
Market Forecast in 2032 | USD 8.76 Billion |
Growth Rate | CAGR of 6.1% |
Number of Pages | 201 |
Key Companies Covered | DS Smith Plc., Saxon Packaging Limited, Packaging Services Industries, RADVA Corporation, Western Pulp Products Company, and Sonoco Products Company |
Segments Covered | By product type, By material type, By application type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on regions, the global bottle shippers market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific bottle shippers market is likely to witness a lucrative growth in the years ahead, subject to massive demand for the product in the countries such as China and India. Furthermore, with a massive need for packaged solutions for consumer goods, the market is likely to gain traction in the Asia Pacific zone. Additionally, the growing intake of beverages in developing regions such as India and China will propel the business space in the near future. Escalating popularity of the bottle shippers in the countries such as the U.S. will magnify the growth of bottle shippers market in North America.
Europe and Latin America markets are expected to witness a lucrative growth over the coming years and have a huge growth potential with untapped market growth potential. UK, France, and Germany are predicted to be the regional growth drivers for Europe. While Brazil will contribute notably towards the LATAM market revenue in the years to come.
Some of the key players in bottle shippers market are:
By product type
By material type
By application type
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