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Canisters Market Estimation 2018 By Top Leading Players
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Global Canisters Market - Overview
Canisters are small, rigid, cylindrical containers filled with hygroscopic substance such as clay, silica gel, activated carbon. These materials are used as drying agents to control moisture and odours. It is a plastic container made up of polyethylene material.
There are numerous pharmaceuticals packaging materials such as pillow pak, unit pak, vials among others, canisters are growing on a growing demand.
The major reason for their wide use in pharmaceutical packaging is its rigid structure with the ease to keep and maintain which is becoming the major reason of its acceptance in household sectors.
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Global Canisters Market – Key Players
Some major players in the global canisters market include Zibo Uni-Shine Industry Co., Ltd., Swastika international co, Electrolux Group, Stanley Black & Decker, Dyson Ltd., Oreck Corporation, TTI Floor Care, Miele, Eureka Forbes Ltd, and Haier Group, Clariant, Sanner GmbH, Ashirwad chemicals, and others.
Global Canisters Market – Growth and Analysis
Plastic is the most preferred packaging material as it is available in a variety of grades, has significant barrier properties, is chemically inert, and can be used to create attractive packages with aesthetic appeal, which helps in the marketing and promotional activities for the drug.
The grades of plastic used for packaging include PE, PP, polyolefin, PET, and PVC. Canisters are also developed from Polyethylene material.
Canisters are being used in various applications such as pharmaceuticals, nutraceuticals, chemicals, retail industries. Various industries use canisters on the basis of its configuration. For instance, pharmaceuticals use canisters of configuration 0.5-1 gm. on major basis whereas chemicals are using 1 gm. - 2gm. canisters mostly.
The major growth factors of global canisters market include rise in contract manufacturing, the flourishing pharmaceutical industry, and the rising awareness about the benefits of canisters among global consumers.
The global pharmaceutical packaging market is expected to grow with a CAGR of more than 7% during the forecasted period.
Global Canisters Market – Regional
Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.
North America is dominating the canisters market. Factors such as advancement in manufacturing processes and technological innovation, growing demand for drug delivery devices & blister packaging, contribution of nanotechnology to the pharmaceutical packaging market, and implementation of new health law in the U.S. are driving the growth of the market.
US is the leader market amongst other countries such as Canada, Mexico among others. Europe is the second largest global market for pharmaceutical desiccant canisters.
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Major Points form TOC for Canisters Market Research Report – Forecast to 2023
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Canisters Market, By Type
Chapter 7. Global Canisters Market, By Treatment
Chapter 8 Global Canisters Market, By End User
Chapter 9. Global Canisters Market, By Region
Chapter 10 Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix
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