The Boston round glass bottle market is expected to enjoy bright growth prospects, with an expected market valuation of around US$ 88 Billion by the end of 2022. Growth is attributed to the growing need for robust packaging solutions across key end use industries. From 2022 to 2032, the market is foreseen to expand with a CAGR of 5.6% to reach US$ 152 Billion.
| Data Points | Key Statistics |
|---|---|
| Anticipated Market Value in 2022 | US$ 88 Billion |
| Projected Market Value in 2032 | US$ 152 Billion |
| Growth Rate (2022 to 2032) | 5.6% CAGR |
Increasing Demand from Personal Care and Pharmaceutical Industry Propelling the Growth of Boston Round Glass Bottle Market
Good quality bottles are becoming a vital constituent of modern life due to the avoidance of wastage, ease of transportation, storage and inclination of the consumer. These factors have led to the increasing demand for Boston round glass bottles as they provide robust resistance to successfully store any liquid, powdered specimens or solid samples.
Future Market Insights recent study suggests that the growth of the global Boston round glass bottles market is being driven by great quality offered by the bottles as they are assembled with the best material grade. In addition to this, the glass bottles frequently feature a broad-mouthed design for the practical addition and removal of materials.
The FMI report further indicated that the Boston round glass bottles are mostly preferred in the personal care and pharmaceutical industry, as these bottles can package high quality solid and liquid applications.
Studies suggest that these bottles are replacing traditional plastic bottles owing to their versatile application. Furthermore, these bottles are made up of glass, offering more strength and compatibility.
Research shows great potential of Boston round glass bottles that provide all the features such as-
To reach potential outcomes, organizations are investing in intelligent and innovative packaging solutions such as Boston round glass bottles. Moreover, companies in the market are adopting new technology and launching new products. Not just organizations, but various regions of the world are pushing their limits to attain maximum growth in the industry.
Intelligent solutions are increasingly becoming an integral component of manufacturers as they evolve their portfolios and expand their capabilities in these dimensions and several others to meet a broader range of customer needs. Successful organizations partner with providers that understand their maturity, offer appropriate solutions, and provide insight to improve solutions and deliver better business outcomes.
Boston round glass bottles are also known as Winchester bottles, one of the indispensable product of the packaging industry which has been recognized for its versatile application across industries. Boston round glass bottles are preferred over other traditional plastic bottles, as these bottles are made up of glass which offers more strength, compatibility in comparison to plastic containers.
Boston round glass bottles are mostly preferred in personal care and pharmaceutical industry, as these bottles can package 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.
The Boston round glass bottles provide robust resistance to successfully store any liquid, powdered specimens or solid samples. These bottles also allow to monitor filled levels as it provides complete clarity. Easy to use designs make these bottles compatible with several process.
Assembled with the best material grade, the glass bottles frequently feature a broad-mouthed design for the practical addition and removal of materials.
The pharmaceutical packaging industry is projected to witness an enormous growth and Boston round glass bottles are expected to primarily drive this growth. The Boston round glass bottles are being used for high quality liquid and solid applications and the market for these bottles will continue to grow as due to increasing research and development in biotechnology which is expected to fuel the growth in the pharmaceutical industry which in turn will accelerate the growth of the Boston round glass bottle market.
Further, the increasing demand for biologics will fortify demand for innovative product packaging solutions such as Boston round glass bottles. Moreover, the broad application of these bottles across cosmetics and personal care industry will also escalate the growth in the Boston round glass bottle market.
However, the price volatility of raw materials and varying health regulations together with rising competition from alternate products can act as hindrances for the growth in the Boston round glass bottle market.
On the basis of geography, the global Boston round glass bottle market is divided into majorly five regions namely North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America accounts the largest market share for the consumption of Boston round glass bottle market.
Next Europe is one of the leading regions for the Boston round glass bottle market. Asia Pacific is expected to witness a significant growth in demand for Boston round glass bottle in the near future. Further, Latin America and Middle East & Africa are anticipated to witness sustainable growth over the forecast period.
Some of the major players in the global Boston round glass bottle market are The Cary Company, Salbro Bottle Inc., Cole-Parmer India Pvt. Ltd., MJS PACKAGING, BASCO, Inc., B.T.I. Packaging Co. Ltd, Empire Industries Ltd., Yiwu Huicheng Glass Products Co., Ltd. and many more.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments.
The report also maps the qualitative impact of various market factors on market segments and various geographies.
On the basis of capacity, the global Boston round glass bottle market is segmented into, 15 ml - 60 ml, 60 ml - 177 ml, 177 ml - 414 ml, 414 ml - 950 ml. on the basis of cap style, the global Boston round glass bottle market is segmented into, dropper, fine mist sprayer, lotion pump, and others.
On the basis of neck finish, the global Boston round glass bottle market is segmented into, 18 - 400, 18 - 410, 20 - 400, 22 - 400, 24 - 400, 28 - 400, 33 - 400. On the basis of neck width, the global Boston round glass bottle market is segmented into, 18 mm - 22 mm, 24 mm - 33 mm. On the basis of End use industry, the global Boston round glass bottle market is segmented into, personal care, pharmaceutical, Chemical Industrial, Food & beverage and others.
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Boston Round Glass Bottle Market
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