According to a recently published report by Research Nester on “Boston Round Glass Bottle Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Boston round glass bottle market in terms of market segmentation by bottle size, by color, by caps and closure, by end user industry and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Global pharmaceutical packaging market stood at around USD 85 Billion in 2018 and is projected to observe a CAGR of more than 5% till 2027. Robust growth of healthcare packaging market is likely to foster the demand for Boston round glass bottles in the next few years. Boston round glass bottles are preferred over traditional plastic bottles, as these bottles are composed of glass, that offers more strength and compatibility as compared to plastic bottles. Boston round bottles are predominantly preferred in healthcare and pharmaceutical industry, as these bottles can hold high quality solid and liquid applications. Among the three categories of glass, the Boston round glass bottle comes in type III which are made of untreated commercial soda-lime-silica glass. These bottles are available in different styles and colors among which amber and flint color provide the opportunity to select the best packaging for dissimilar contents. Owing to these factors, the global Boston round glass bottle market is anticipated to record a CAGR of 7% over the forecast period i.e. 2019-2027.
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Furthermore, the Boston round glass bottles provide tough resistance to store any liquid, powdered specimens or solid samples. These bottles also allow to monitor filled levels as it provides complete clarity. Assembled with the best material grade, the glass bottles frequently feature a broad-mouthed design for the addition and removal of materials. Expanding its applications, the Boston round bottles are additionally used for storing cosmetics, dyes, shampoos and syrups. The bottles have smooth surface which makes it easy for labelling. The market for Boston round bottle is rising by cause of its wide ranging applications attributed to its properties like corrosion resistant, inertness, heat resistant, light resistant, etc.
On the basis of regional analysis, the Boston round glass bottles market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is anticipated to hold the largest share in the total revenue owing to rising demand from various end-use industries. Asia Pacific is expected to have the highest CAGR in the global market owing to rising industrialization in emerging economies such as India and China. Moreover, increasing GDP and growing expansion of pharmaceutical, food & beverages, and cosmetic & personal care industries are estimated to surge the market growth in this region.
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Broad Base of Applications
The utilization of Boston round glass bottle increased in cosmetic & personal care industries, as these bottles have properties to package high quality solid and liquid specimens. These bottles are a multipurpose choice for food & beverages and home care products. Additionally, Boston round bottles are available in various styles and colors.
This report also provides the existing competitive scenario of some of the key players of the Boston round glass bottle market which includes company profiling of Gerresheimer AG, O.Berk Company, LLC, E.D. LUCE PACKAGING, Cole-Parmer Instrument Company, LLC, MJS Packaging, BASCO, Inc., Shandong Pharmaceutical Glass Co., Ltd., The Cary Company, Salbro Bottle Inc. and Yiwu Huicheng Glass Products Co., Ltd.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the Boston round glass bottle market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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