Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 401.3 Million | USD 846.89 Million | 7.8% | 2023 |
According to the report published by Zion Market Research, the global Effervescent Packaging Market size was valued at USD 401.3 Million in 2023 and is predicted to reach USD 846.89 Million by the end of 2032. The market is expected to grow with a CAGR of 7.8% during the forecast period. The report analyzes the global Effervescent Packaging 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 Effervescent Packaging industry.
Effervescent packaging is gaining more traction as the demand for effervescent tablets is growing substantially. Effervescent tablets are usually solid pharmaceutical dosage forms that break down and dissolve in a liquid such as juice or water. It contains a mixture of medicinal agents with hydrogen carbonates or carbonates and acid substances that react swiftly in water to release carbon dioxide. Thus, it is essential to maintain a balanced humidity when dealing with effervescent tablets as the moisture in the packaging may cause the tablets to dissolve too early, discolor, or lose effectiveness.
The global effervescent packaging market is growing at a significant rate. Growing necessity to maintain the quality of the effervescent tablets right from originally produced & packaged until it reaches the consumer is the prime factor that is fueling the growth of the global effervescent packaging market. In addition to this, growing demand for effervescent tablets or powder owing to its several advantages such as it enables incorporation of a large amount of active ingredients, better & quicker absorption, optimal compatibility, better dosing, is flavorful & self-mixing. The effervescent packaging also minimizes the use of petroleum-based products and plastic which helps in reducing the footprint on the environment.
All such factors in combination with the growing premiumization of the products and the growing focus of the consumer towards a healthy lifestyle are boosting the growth of the global market. Moreover, the growing demand for blister packaging & paperboard cartons and the rise in product developments are also the factors that are likely to spur the growth of the overall market. Furthermore, the technological advancements in effervescent packaging with moisture barrier and tamper-evident features may result in numerous opportunities for the growth of the global effervescent packaging market during the forecast period. However, some of the disadvantages of effervescent products including the high cost associated with the excipients and requirement of special production facilities may lead to a decline in the demand which in turn may hinder the growth of the global effervescent packaging market.
In the initial phase of the pandemic, the market experienced slow growth due to the strict regulations imposed by the government to control the spread of the disease. However, during the pandemic, the demand for effervescent vitamin C and other nutritional supplements increased substantially. Thus, effervescent packaging is particularly in demand. The key players in effervescent packaging are increasing their capacity to offer the customers with products having high quality and reliability. All these factors augmented the growth of the global effervescent packaging market amid the Covid-19 pandemic.
The global effervescent packaging market is segregated based on material type, product type, primary packaging, secondary packaging, end use, and region.
Based on the material type, the global effervescent packaging market is divided into metal, aluminum, and plastic.
Based on the product type, the global market is bifurcated into granules, powders, and tablets.
The primary packaging segment is split into stick packs, sachets, tubes, bottles, and blisters.
The secondary packaging segment consists of wallet packs, side sealed bags, and paperboard cartons.
Based on the end use, the market is classified into cosmetics & personal care, household, dietary supplements & nutraceuticals, and pharmaceuticals.
Report Attributes | Report Details |
---|---|
Report Name | Effervescent Packaging Market |
Market Size in 2023 | USD 401.3 Million |
Market Forecast in 2032 | USD 846.89 Million |
Growth Rate | CAGR of 7.8% |
Number of Pages | 209 |
Key Companies Covered | Hebei Xinfuda Plastic Products Co., Ltd., Tower Laboratories, Ltd., Sanner GmbH, Romaco Pharmatechnik GmbH, Nutrilo GmbH, Oracle Packaging, Inc., Amcor Limited, Amerilab Technologies, Inc., Parekhplast India Ltd., and Unither Pharmaceuticals |
Segments Covered | By material type, By product type, By primary packaging, By secondary packaging, By end use 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 |
Geographically, North America is anticipated to dominate the global effervescent packaging market over the forecast period. Factors such as growing demand for dietary supplements, rise in blister packaging, and rise in usage of tamper-evident packaging are propelling the growth of the market in this region. In addition to this, the presence of advanced technology is also one of the factors fueling the growth of the market in North America. The Asia Pacific is estimated to grow rapidly during the forecast period due to the growing inclination of the people towards a healthy lifestyle and growing demand for effervescent packaging from the pharmaceutical sector. Europe is also expected to contribute to a significant share in the market. This is attributed to the rise in product development and innovation in the packaging sector.
Some of the major players operating in the global effervescent packaging market are:
By Material type
By Product type
By Primary packaging
By Secondary packaging
By End use
FrequentlyAsked Questions
The global effervescent packaging market is growing at a significant rate. Growing necessity to maintain the quality of the effervescent tablets right from originally produced & packaged until it reaches the consumer is the prime factor that is fueling the growth of the global effervescent packaging market. Furthermore, the technological advancements in effervescent packaging with moisture barrier and tamper-evident features may result in numerous opportunities for the growth of the global effervescent packaging market during the forecast period.
Some of the major players operating in the global effervescent packaging market are Hebei Xinfuda Plastic Products Co., Ltd., Tower Laboratories, Ltd., Sanner GmbH, Romaco Pharmatechnik GmbH, Nutrilo GmbH, Oracle Packaging, Inc., Amcor Limited, Amerilab Technologies, Inc., Parekhplast India Ltd., and Unither Pharmaceuticals.
Geographically, North America is anticipated to dominate the global effervescent packaging market over the forecast period. Factors such as growing demand for dietary supplements, rise in blister packaging, and rise in usage of tamper-evident packaging are propelling the growth of the market in this region. In addition to this, the presence of advanced technology is also one of the factors fueling the growth of the market in North America.
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