Media Bottles - Market Overview
The packaging industry is growing across the globe due to increasing demand of packed material or product throughout the world. The media bottles are an essential part of the packaging industry. It gains significant attention in the packaging industry due to their transparency. It can be used in the multiple industries such as pharmaceutical, biotech, chemical and in many other industries. Media bottles prevents permeation of gases including water vapour and oxygen. It also prevents circulation of microbes, altering and demeaning the quality of the solvent or chemical. These heavy duty media bottles mainly manufactured from borosilicate glass because it has good chemical and thermal resistance capability. Media bottle can be used for storage as well as mixing and sampling of chemicals. Media bottles have permanent white enamel graduations and marking spots which help in identifying the quantity of solvent. Multiple options available in the market for media bottle such as clear glass, coated glass, and low actinic media bottle for light sensitive applications. The media bottles market is expected to grow in near future due to increasing demand of the bottles by various industries.
Media Bottles - Market Dynamics
Growth in demand for media bottles market is estimated to grow strongly for several reasons. One of the significant factors contributing towards the growth of media bottles market in the coming years is the growing demand for media bottle for the storage and mixing of chemical or solvent by various industry such as pharmaceutical, chemical, biotech etc. Moreover, the media bottles is often efficient solution for storage of chemical rather than an alternative solution such as metal or plastic bottles because media bottles have a better chemical resistance property rather than others. This is one of the key factors contributing to higher preference for media bottles, so it is considered as a positive factor which participates in the stagnant growth of the media bottles market. Nowadays, square media bottle is on trend because it saves 13%-20% storage space rather than square media bottle.
Media Bottles - Market Segmentation
The media bottles market can be segmented by capacity type, and by end use industry.
On the basis of capacity type, media bottles is segmented into –
On the basis of end use industry, media bottles is segmented into –
Media Bottles Market - Regional outlook
Global media bottles market has been segmented on the basis of region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Among these regions, Europe is expected to dominate the market throughout the forecast period. North America is expected to be the biggest subscriber of the media bottles because there is a great presence of pharmaceutical industry. Latin America and Middle East & Africa are expected to witness sluggish growth in media bottles market over the forecast period. Furthermore, Asia Pacific media bottle market is expected to grow by maximum CAGR. India and China have expected the significant growth in market volume share as the rise in the retail sector in these regions. Asia Pacific has the largest regional market for media bottle, owing to high demand from chemical, pharmaceutical and biotech industry.
Media Bottles Market - Key players
Few of the key players identified across the globe in the media bottles market are Duran Group, Gerresheimer Glas GmbH, Essco Glass, Spectrum Chemical Manufacturing Corporation, Sunrise Glass Industries Private Limited, Riviera Glass Private Limited, Ying Teng Enterprise Pte Ltd, Medtra Pte Ltd, Wiegand Glas, Haldyn Glass Ltd, Sgd Group Sas, Stölzle glass group, Origin Packaging Ltd., Beatson Clark etc.
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