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.
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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.
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.
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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.
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