Valued at slightly over US$ 8 Billion in 2021, the dosing bottles market is expected to reach a valuation of US$ 8.3 Billion in 2022. From 2022 to 2032, the market is expected to surge at a CAGR of 4%, reaching US$ 12.3 Billion.
Data Points | Key Statistics |
---|---|
Market Value of Dosing Bottles in 2021 | US$ 8 Billion |
Anticipated Market Value in 2022 | US$ 8.3 Billion |
Expected Market Value in 2032 | US$ 12.3 Billion |
Growth Rate (2022 to 2032) | CAGR of 4% |
Dosing bottles have gained huge traction in recent times. This is owing to its increasing use in end user sectors such as pharmaceutical, chemical, automotive and industrial. The use of dosing bottles ensures accuracy and precision while liquid transmission and helps in avoiding spilling of liquids.
Manufacturers of dosing bottles are focusing on product innovation and are using different materials to cater to various end user sectors. In addition, rigidity and durability of dosing bottle play a key role in the functioning of the same. This not only helps end user sectors to increase its use but also saves time.
Future Market Insights states that the packaging of consumer products plays an important role in maximizing the use of the same. Moreover, the precise dosage of fluids especially in the pharmaceutical industry plays an essential role in producing medicines.
Owing to this, not only is the pharmaceutical industry relying on dosing bottles but also other end user sectors. Furthermore, penetration of twin neck dosing bottles is changing the dynamics of the dosing bottles market globally.
Dosing bottles are present in various sizes that range from 500 ml to 2000 ml. This has positively influenced the usage of dosing bottles in end user sectors. Convenience of using single neck dosing bottles and twin neck dosing bottles is working in the favor of the same.
Furthermore, Future Market Insights states that the various advantages associated with dosing bottles are increasing the usage of the same in various end user sectors.
Since most dosing bottles are made of non-biodegradable materials, the disposal of the same is becoming a matter of concern for government authorities as well as end user sectors. Although efforts are being made to use biodegradable materials that can be recycled, the adaption of the same will take more time. Currently, the extensive use of refillable dosing bottles is positively influencing the demand for dosing bottles.
Designer single and double neck bottles have paved their way into consumer products as well. Most fitness enthusiasts and athletes have exhibited a keen inclination towards using these bottles owing to their usage. In the upcoming years, massive commercialization of dosing bottles, especially in the consumer products sector is expected to augment the growth of the market.
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Packaging plays an important role in order to protect and preserve the product during transportation and usage. In some cases, the exact amount of dosage is considered as an important factor for the user which is not possible in every type of packaging solution. Therefore, in order to remove this issue many manufacturers and consumer are shifting their focus towards dosing bottles.
Dosing bottles are a user friendly product which works from every position. It automatically levels the liquid in the dosing chamber to correct the measured amount and dispense a specific amount of liquid which is required.
These bottles does not consist of different parts that should be mounted or assembled on the bottle, but it is a single integrated system. Moreover, it consists of two chambers, wherein one is used for storing liquid and the other is used as dispensing option, it requires a single squeeze of the bottle in order to fill the dispensing chamber.
Furthermore, these bottles are available with tamper evident closure with or without a child resistant cap. Brand owner has the facility to advertise and promote on the product, as it provide a great amount of creativity with regards to color, shape and design. Large flat labelling and printing area is available. These bottles are capable of silk screening and hot stamping.
The global dosing bottles market is segmented on the basis of product type, package type, material type and application type. On the basis of product type, global dosing bottles market is segmented into single neck dosing bottle and twin neck dosing bottle, wherein, twin neck dosing bottle is expected to account for more than half of the total market value and volume share.
On the basis of package type, global dosing bottles market can be segmented into refillable dosing bottle and one way dosing bottle in which refillable dosing bottle is expected to gain traction due to its reusability feature. On the basis of material type, global dosing bottles market is segmented into, high-density polyethylene (HDPE) and polypropylene (PP), where in polypropylene is used to manufacture the cap of the dosing bottle.
On the basis of application, global dosing bottles market is segmented into horticulture, animal health, herbal supplements, fuel additives and chemicals.
One of the significant factors towards the growth of the global dosing bottles market is the increasing health conscious individuals towards the consumption of health supplements. Moreover, rising concern towards fuel efficiency, in order to avoid problems such as rough idling, weak acceleration, stumbling and stalling is expected to drive the growth of the dosing bottles market.
Another substantial reason towards the growth dosing bottles market is the dispensing of the exact amount of liquid as overdosing is impossible in dosing bottles. However, the stringent government regulation towards the use plastic is expected to hinder the growth of dosing bottles market.
Due to the use of one way dosing bottle, disposal of waste is an environmental concern, moreover, the toxic waste from the manufacturing plants of dosing bottles and raw material is expected to hinder the growth of the dosing bottles market, as it is affecting the environment as well as the household those are residing around these plants.
Moreover, the wide availability and consumer inclination towards a conventional form of dosing solution is expected to obstruct the growth of the dosing bottles market.
Geographically, the global dosing bottles market is segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The global dosing bottles market is expected to witness a steady CAGR over the forecast period of 2016-2024. North America is expected to account for largest market share in the global dosing bottles market due to the increasing health concern among sindividuals.
Moreover, agriculture sector in India and China is expected to account for more than half in the market share of global agriculture industry, therefore, Asia-Pacific is expected to be a lucrative region towards the growth of the global dosing bottles market.
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Some of the major players identified across the globe in the dosing bottles market are Cambrian Containers, Bettix Ltd, NilocG Aquatics, The Cary Company, Aquarium Plant Food UK, iBottles, United States Plastic Corporation, Industrial Container and Supply Company and Pont Europe.
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 done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.
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 in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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