The global sales of inverted squeeze bottle are estimated to be worth USD 2.5 billion in 2021 and are anticipated to reach a value of USD 4.3 billion by 2031. Sales are projected to rise at a CAGR of 5.5% over the forecast period between 2021 and 2031. The revenue generated by inverted squeeze bottle market in 2020 was USD 2.4 billion.
The convenience-seeking and ease of use factor among consumers in regard to packaging, especially for food, personal care, and household items, fosters the demand for the inverted squeeze bottle market. Inversion in design enables easy dispensing with minimal product waste and controlled flow. Growing demand for sustainable and reusable packaging solutions also fuels market growth as a number of ingenious manufacturers come up with eco-friendly materials.
The increase in on-the-go lifestyles and fast-consumption behaviour raises the demand for convenient packaging. The e-commerce industry, which is fast-growing, requires strong and leak-proof packaging. Marketing strategies for shelf appeal and branding raise the demand for inverted squeeze bottles.
Global Inverted Squeeze Bottle Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2020 | USD 2.4 billion |
Estimated Size, 2021 | USD 2.5 billion |
Projected Size, 2031 | USD 4.3 billion |
Value-based CAGR (2021 to 2031) | 5.5% |
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Several factors are predicted to drive growth in the worldwide inverted squeeze bottle industry. Squeeze bottles are used in a variety of industries, including food, drinks, healthcare and pharmaceuticals, personal care, and so on.
For usage with the latest inverted dispensing system seals, upturned squeeze bottles are utilized. Plastic squeeze bottles are also gaining popularity in the household cleaner sector, where they provide the same directional and portion-controlled dispensing features.
Upturned squeeze bottle are popular for spices like ketchup, but they're made of flexible film rather than solid plastic. Squeeze bottle are used for toppings, dairy goods including sour cream and yoghurt, salad dressings, spreads, honey, and jellies.
Upturned squeeze bottles benefit consumers, businesses, and even the environment. Consumers benefit from having more control over how much product comes out of the package. Thus, such benefits is driving demand for the upturned squeeze bottle.
A prominent trend in the inverted squeeze bottle market is the eco-friendly trend. Inverted squeeze flasks weigh less and have substantially less air space than rigid plastic packaging. As a result, they take up much less space, cost cheaper, and spend less to ship each unit. Finally, because the packaging is more sanitized than traditional packaging, items have a longer shelf life, reducing food waste for both brands and individual consumers.
Furthermore, various brands are creating the inverted squeeze flask as a result of positive demand for squeeze bottles due to its advantages. Hellmann's Mayonnaise, for example, has launched a fresh new and better squeeze package that allows customers to pour the last droplets of product from their mayonnaise bottles. The bottle is made of inverted PET and sits on a flared polypropylene cap with two parts: a precision tip in blue and a clear flip-top over cap.
The United States is the most valuable market for inverted squash bottles in the world. The food culture of the United States is very distinct from that of other regions, since they eat burgers and pizza as a snack, and they are more concerned with the toppings such as ketchup.
The consumers expect more developed and innovative squeeze bottles. Furthermore, companies began inventing ketchup tastes based on consumer taste and preferences. Melinda's brand, for example, provides five sizzling flavors: Habanero, Ghost, Chipotle, Jalapeo, and Black Pepper.
The growing popularity of spicy and ethnic foods, America's rapidly expanding population of Central, South American, and Caribbean immigrants, the widely recognized health benefits of chile peppers, and the growing purchasing power of Millennials, who are more likely to experiment with new spices and flavour features, all contributed to the high demand for these products.
Although European cuisines varies from country to country, there are some basic qualities that distinguish European foods from, example, Asian cuisines. Wheat flour, as well as numerous types of dumplings, pasta, and pastries, are the most common sources of starch in the kitchen. Sauces and spices are commonly used as condiments in most European countries.
Thus, the manufacturers in the region focus on offering more developed ketchup bottles such as upturned squeeze bottle. As a result, refillable squeeze bottles have long been popular in Europe, and manufacturers predict that they will become more popular here as disposal costs rise and as the consumption of sauces rises in European countries, the demand for the upturned squeeze bottles will increase.
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Some of the leading manufacturers and suppliers of upturned squeeze bottle include
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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