In recent years, twin neck dosing bottles have explored growth prospects in several end-use industries such as chemical, pharmaceuticals, automotive, pesticides, and industrial cleaners. As per Future Market Insights, a valuation of 8 Billion has been anticipated for the market in 2022, and is further expected to reach US$ 12 Billion in 2032. Expected CAGR from 2022 to 2032 is 4.1%.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value in 2022 | US$ 8 Billion |
| Projected Market Value in 2032 | US$ 12 Billion |
| Growth Rate (2022 to 2032) | 4.1% CAGR |
These bottles are principally used in chemical sectors as a perfect packaging solution as it has attributes such as the potential to keep the liquids from altering the composition of surrounding gases and air and metered dosing. The mushrooming pharmaceuticals division globally is advancing the market of twin neck dosing bottles.
According to the latest report published report by the National Library of Medicine, the pharmaceutical packaging market is constantly advancing and has experienced annual growth of at least five percent per annum in the past few years.
The market is now reckoned to be worth over $20 billion a year. As with most other packaged goods, pharmaceuticals need reliable and speedy packaging solutions that deliver a combination of product protection, quality, tamper evidence, patient comfort, and security needs. As a result, the market growth for twin neck dosing bottles is projected to witness a significant hike over the years.
In pharmaceuticals, these bottles are primarily used owing to the better convenience for end-users to make the unit dosing of several drugs an easy task. Besides, the latest design advancements in commercial aspects of twin neck dosing bottles in terms of enhanced design due to technological advancements extend precise filling of the liquids and that too without any loss.
In Aug 2021, Berlin Packaging, the world's largest hybrid packaging supplier, announced the acquisition of the Juvasa Group, a group of companies focused on the supply of glass, plastic, and metal packaging for the food and beverage industry.
Future Market Insights forecast that the demand for twin neck dosing bottles is anticipated to increase, owing to their higher durability, shatter-resistance, and the potential to withstand sub-zero temperatures without cracking. The lined caps and closures block foreign materials and moving air from altering the composition of medications and chemicals.
Prominent manufacturers are investing in design upgradation to enhance the utility of these bottles. For instance, Multi-plast developed an HDPE Transclusion Bottle with Twin Mouth for Pharmaceutical, Ayurvedic, and Veterinary & chemicals.
One mouth for filling & another with calibrated measuring for dispensing mouth. Measuring separate devices is not required. These advancements in designs are likely to fuel the demand for twin neck dosing bottles throughout the forecast period.
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Convenient packaging solution such as twin neck dosing bottles, also known as Bettix twin neck bottles or Double neck bottles, are widely used in different industries such as pharmaceuticals, chemical, automotive, etc. The design of twin neck dosing bottle is what makes it a unique packaging solution.
The bottle is equipped with a storage and dispenser chambers along with a neck mounted on each chamber which allows dual control dispensing. The dispenser chamber eliminates the traditional two-hand filling of the liquids in a separate measuring cup.
The twin neck dosing bottles are designed to dispense a measured amount of liquid by single-hand operation more safely and accurately without any spillage or loss of the product. The twin neck dosing bottles possess high tensile strength, good impact resistance, high rigidity, and chemical resistance.
These bottles are primarily made up of high-density polyethylene, an FDA approved material, which offers good protection for low freezing point liquids. The twin neck dosing bottles also have an easy-to-read gradient measurement as an added feature.
In recent years, there has been a noticeable rise in the usage of twin neck dosing bottles in different markets. This is because of the exclusive design of twin neck dosing bottles which provides accurate filling of the liquids without any loss or spillage.
The twin neck dosing bottles are widely used in pharmaceutical industry which offer unusual convenience to end consumers to ease unit dosing of various drugs. With numerous features such as metered dosing and ability to protect liquids from surrounding air and gases, makes twin neck dosing bottles a perfect packaging solution for the chemical industry.
The latest technological changes and innovation in the design of twin neck bottles offers opportunities for the growth of twin neck bottles market. The latest trends observed in twin neck dosing bottles market is the increased usage of these bottles in fertilizers and automotive market.
The major restraining factor in the twin neck dosing bottles market is the enforcement of stringent rules and regulations on the use of plastics all over the world. This will diminish the growth of twin neck bottles market in the near future.
Principal Consultant
Geographically, the global twin neck dosing bottles market is segmented across following regions- Asia-Pacific, Eastern Europe, Western Europe, North America, Latin America, Middle East and Africa. The twin neck dosing bottles market is increasing at a good annual growth rate in emerging economies such as Asia Pacific and MEA region due to extraordinary growth in the pharmaceutical industry.
The mature markets such as North America and Europe will grow at a rate lower than that of developing countries including India, China, and Brazil. The regions such as Latin America and Japan also offer untapped growth potential in the twin neck dosing bottles market.
Some of the key players in the global twin neck dosing bottles market are Kaufman Container Company, Silgan Plastics Corporation, Charles Tennant & Company Ltd., Richmond Containers CTP Ltd., Richards Packaging, Inc., IGH Holdings, Inc., Hangzhou Glory Industry Co., Ltd., Bharat Propack Private Limited, Silverlock & Co. Pty Ltd., Hebei ShengXiang Package Materials Co.,Ltd., O.Berk Company, LLC.
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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.
Twin neck dosing bottles market segmentation by material used–
Twin neck dosing bottles market segmentation by capacity type–
Twin neck dosing bottles market segmentation by end use –
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