PUNE, India, May 26, 2016 /PRNewswire-iReach/ -- Complete
Report Details@ Canisters Market Research Report- Global Forecast
to 2027
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Global Canisters Market Report:
Overview
The global pharmaceutical packaging market is expected to grow
with a CAGR of more than 7% during the forecasted period. Among
various pharmaceuticals packaging types such as pillow pak, unit
pak, vials among others, canisters are growing on a growing demand.
The major reason of such a wide acceptance of Canisters in
pharmaceutical packaging is its rigid structure and also it is easy
to keep and maintain which is becoming the major reason of its
acceptance in household sectors.
Desiccant canisters are small, rigid, cylindrical containers
filled with desiccant materials such as clay, silica gel, activated
carbon, aimed at absorbing moisture and controlling odors. It is a
plastic container made up of Polyethylene material. Due to their
rigid design, desiccant canisters are ideal for automatic,
high-speed insertion in pharmaceutical and Nutraceutical bottles
and packaging. While desiccant packets are fed from a reel and
require constant line stoppages, these are fed through a hopper
system, allowing for seamless, constant insertion.
These desiccant canisters are considered non-toxic. In addition,
these canisters are FDA CFR 21 approved and considered safe to use
in direct contact with food or pharmaceuticals.
Global Canisters Market Report:
Application
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. Other packaging types such as syringes and vials
are being used by diagnostic market.
Request for TOC @ Canisters Market Research Report- Global
Forecast to 2027
Global Canisters Market Report: Market
Influencer
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
also expected to benefit from technological advancements such as
the introduction of Nano-enabled packaging, the packaging type that
currently provides the most enhanced barrier properties against
moisture, light, and mechanical forces.
However, Availability of raw materials and price volatility
coupled with changing health regulations are the major deterrents
which is curbing the growth of this market.
Global Canisters Market Report: Market
Segmentation
The Global Canisters Market can be segmented into its
configuration, applications and end-users.
Global Canisters Market by Configuration:
- 0.5 gm. – 1 gm.
- 1 gm. – 2 gm.
- 2 gm. - 3gm.
- 3 gm. and above
- Others
Global Canisters Market by Applications:
- Pharmaceuticals
packaging
- Nutraceuticals
packaging
- Diagnostic packaging
- Others
Global Canisters Market by End-users:
- Automotive
- Healthcare
- Pharmaceuticals
- Domestic
- Chemicals
- Retail industries
- Others
Global Canisters Market Report: Regional
Analysis
The regional analysis includes North
America, Europe,
Asia Pacific, Middle East and rest of the world.
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 esthetic 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.
North America:
North- America is dominating
the Canisters Market followed by Europe and Asia-pacific regions. 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.
Asia-Pacific:
Asia-Pacific is the emerging
market in the Global canisters Market. The increasing small and
large pharmaceutical packaging industries, rising awareness among
consumers and government initiatives such as "Make-In-India"
campaign started by Indian government is driving the growth of
Canisters market in India.
Australia, China are also showing good opportunities in
the forecasted period.
Global Canisters Market Report: Key Players
Some of the major market players of Global Canisters Market are
as follows: 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 among others.
Global Canisters Market Report: Latest Trends
Clariant, a world leader in specialty chemicals, today announced
in year 2015 its plans to invest CHF 10
million in a new Healthcare Packaging manufacturing plant in
Cuddalore in Tamil Nadu State, located about 25 km from the city of
Pondicherry. The plant will manufacture Clariant's market-leading
moisture control products to support the growing pharmaceutical
packaging market in India.
The reports also covers brief analysis of Geographical Region
includes:
Americas
-North America
-US
-Canada
Europe
-Western Europe
-Germany
-France
-Italy
-Spain
-U.K
-Rest of Western Europe
-Eastern Europe
-Poland
-Russia
Asia– Pacific
-Asia
-China
-India
-Japan
-Rest of Asia
-Pacific Countries
-Australia
-New
Zealand
-The Middle East& Africa
The report on Canisters Market comprises of extensive
primary research along with the detailed analysis of qualitative as
well as quantitative aspects by various industry experts, key
opinion leaders to gain the deeper insight of the market and
industry performance.
This report will provide the clear picture of current market
scenario of Canisters Market globally as well as the country level
markets. The report also provides the information about Canisters
packets available in different configuration, and it also deliver
details information about its various applications. It will also
depict detailed information about companies with their market
dynamics involved in manufacturing of Canisters.
Enquire about Report @ Canisters Market Research Report-
Global Forecast to 2027
Media Contact: Norah
Trent, WiseGuy Reports, +1 646 845 9349,
sales@wiseguyreports.com
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SOURCE Market Research Future