Global Grab-and-Go Bottles Market is segmented By Material (Plastic, Glass), By Capacity (Up to 250 ml, 251-500 ml, 501-1000 ml, Above 1000 ml), By End-use (Food, Beverages, Cosmetics, Others), By Region (North America, Europe, South America, Asia-Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Market Overview
The Global "Grab-and-Go Bottles Market" is expected to reach at a high CAGR of 5.9% during the forecast period (2022-2029).
Grab and go bottles reinvent the item bundling pattern, riding on the booming mania in a hurry. Customers continue to show the apparent inclination to their get-and-go comfort fact, as commodities like soups and dairy and various categories like beautifiers and individual consideration things wrapped in snatch and go bottles have just entered the standard.
Retailers have been reacting to developing utilization designs with claim-to-fame products, such as practical nourishments and beverages pre-bundled in specially made grab and go bottles, which have been catching on. The expanding trend of on-the-go food and beverage consumption is expected to propel the grab-and-go bottle industry forward. Packaging businesses are capitalizing on this trend by investing extensively in their manufacturing lines.
Market Dynamics
Grab and go bottle producers use various developing technologies, such as aseptic, to assist limit external contamination during packaging. As a result, manufacturers may make and market ready-to-drink products that are more convenient. Consumers are also opting for single-serve drinking bottles, which is expected to be a key element in the global grab and go bottles’ market expansion.
In developed countries, there is a growing preference for grab-and-go products.
During the projected period, the growing trend of on-the-go food and beverage consumption is expected to increase market expansion. Packaging companies are taking advantage of this trend by spending heavily on improving their production lines. Consumer desire for grab-and-go beverages is high in industrialized countries like the United States, Germany, Japan, and the United Kingdom.
Grab and go bottle producers use various developing technologies, such as aseptic, to assist limit external contamination during packaging. As a result, manufacturers may make and market ready-to-drink products that are more convenient. Consumers are also choosing single-serve beverage bottles, which is expected to be a key component in the market's growth.
Increase the market for grab-and-go bottles with the use of eco-friendly and customer-centric packaging
Bottles that can be grabbed and gone are both convenient and recyclable. As a result, the market is expected to rise during the next ten years. As people become more conscious of the negative effects of using plastic products, grab-and-go bottle producers turn to recyclable materials like R-PET. Grab & go bottles made of PET are also projected to be a popular choice among customers throughout the forecast period, owing to its affordability and environmentally favorable qualities.
Manufacturers of grab-and-go bottles are focusing on recyclable plastics such as Polyethylene (PE), PET, and Polypropylene, as single-use plastics face regulatory backlash (PP). By the conclusion of the forecast period, recyclable plastics will account for the majority of overall grab and go bottle revenues. PET (Polyethylene Terephthalate) continues to be the chosen material of choice for grab and go bottle manufacturers due to its excellent chemical and stress resistance, as well as its 100 per cent recyclability.
Emerging markets have a poor distribution network
Grab-and-go bottles are poorly distributed in developing nations such as China, India, and Brazil. While enterprises headquartered in these nations use only a few distribution channels, such as social media sites and online retailers, they are missing out on a large number of prospective customers. To reach the widest possible audience, grab-and-go bottle manufacturers use specialized distribution methods like speciality stores and online sales.
Furthermore, grab-and-go bottles are more expensive than traditional bottled drinks, which represents a significant barrier to market expansion in these markets. During the forecast period, these limitations are expected to limit market growth for grab and go bottles.
COVID-19 Impact Analysis
The global effects of coronavirus illness 2019 (COVID-19) are already being felt, and the grab and go bottles market will be considerably impacted in 2020. Flight cancellations travel bans, and quarantines; restaurants closed; all indoor/outdoor events limited; over forty countries announced states of emergency; significant supply chain slowdown; stock market volatility; plummeting business confidence, increased panic among the populace, and concern about the future have all been impacted by the COVID-19 epidemic.
Segment Analysis
By material, the grab and go bottles market is classified into plastic and glass.
The global grab and go bottles market is likely to be dominated by plastic
Among the materials, the plastic section is the most popular. Manufacturers of grab-and-go bottles embrace recyclable plastics such as Polyethylene (PE), PET, and Polypropylene, as single-use plastics face regulatory backlash (PP). By the conclusion of the projected period, recyclable plastics will account for the majority of overall grab and go bottle market revenues.
PET (Polyethylene Terephthalate) is the preferred material of choice among grab and go bottle makers because of its brilliant concoction and stun obstruction, as well as its 100 per cent recyclability. Before the end of the gauging period, recyclable plastics will account for a significant portion of overall grab & go bottle market revenues.
Geographical Analysis
Europe holds the largest market share global grab and goes bottles market
During the projection period, Europe is expected to maintain its lead in terms of market share for grab and go bottles. Due to rising carbonated beverage consumption, Germany, the United Kingdom, France, Italy, and Spain are expected to see increasing demand for grab-and-go bottles. Increased desire for packaged food and beverages results from rapid lifestyle changes in terms of working hours, commute time, and reduced time for daily activities.
Grab and go bottle producers use a variety of developing technologies, such as aseptic, to assist limit external contamination during packaging. As a result, manufacturers may make and market ready-to-drink products that are more convenient. The middle-class population has undergone a lifestyle change as a result of the rapid expansion of many economies, with the majority of consumers opting for single-serve beverage bottles. As a result, the demand for grab-and-go bottles is expected to skyrocket.
Competitive Landscape
Key players operating in the global market for Grab and Go Bottles include Amcor plc, Nampak Ltd, Ardagh Group S.A., Berry Global Inc, KanPak LLC, Graham Packaging Company, Alpha Packaging, Inc, Tetra Pak International S.A., C.L. Smith, Aaron Packaging Inc., and Takemoto Packaging. Inc.
Berry Global Group, Inc.
Overview: It offers innovative packaging and designed goods that make life better for people and the environment as one of the world's largest plastic bottle producers. Every day, it serves customers of all sizes worldwide by using our unrivalled global capabilities, sustainable leadership, and deep innovation expertise, using the diversity and industry-leading talent of their 47,000 global employees in over 295 locations to their advantage.
Product Portfolio: They offer one of the most comprehensive bottle capabilities in the market, with sizes ranging from 7cc to 2.5 gallons and neck finishes ranging from 13mm to 120mm and neck finishes ranging from 13mm to 120mm.
Key Developments: Berry Global Group, Inc. established a partnership with Bhoomi in September 2020 to launch a 100% sugarcane-based bottle for their cold-pressed cane water elixir. Berry's 12-ounce HDPE bottle, which replaces Bhoomi's normal PET bottle, is made in Winchester, Virginia. The Bhoomi bottle is constructed of I'm GreenTM certified material from Braskem and is widely recyclable. The bottle has a number of environmental benefits, including lowering greenhouse gas emissions, conserving water, and eliminating the usage of fossil fuels.
The global grab and go bottles report would provide access to an approx. 60 market data table, 54 figures and 180 pages.