Supplement Packaging Market Introduction
Global supplement packaging market to value 12 billion by 2026 end and register a CAGR of over 6.2% during forecast period 2019 to 2026.
Supplement consumption is necessary for the enhancement of the nutritional value of our daily consumed food. Supplement consumers prioritise information regarding the ingredients and the nutrients that they possess. This information that is important to consumers is communicated to them via packaging and therefore supplement packaging market has been on a rise recently. They also support in strengthening brand position by making the product stand out on retail shelves. Blisters, canisters, bottles, capsules etc. are some of the means of packaging for supplementary products. The decision of which packaging to choose depends on the volume as well as the type of the supplement.
Supplement Packaging Market Overview
Changing lifestyle patterns and increasing per capita expenditure made dietary supplements as an integral part of daily life. A dietary supplement has gained enormous consumer support in recent times due to the increasing importance of preventive healthcare practices. Increasing demand of dietary supplements among the general population led to the rapid evolution of creative packaging technique to enhance product sales. Manufacturers are mainly focused on creating impulsive buying strategies through packaging led to the robust growth of the market. Further, changing regulatory conditions to increase product stability and integrity led to the robust growth of the market. It is further augmented by expanding the dietary supplement sector due to increasing demand created opportunistic space for manufacturers.
North America market is expected to witness a high market share in the global market due to high adoption. It is followed by the European region and it accounts a significant share in the global market. Asia-Pacific regions are expected to witness a high market growth rate during the forecast period due to increasing consumption patterns of dietary supplements. Asia Pacific region is dominated by local manufacturers and expected to remain the same throughout the forecast period. Latin America and Rest of the world market are expected to account a small fraction of market share due to less adoption.
Supplement Packaging market players include Alpha Packaging, EPAC HOLDINGS, LLC., Glenroy, Inc., Vitakem Nutraceutical Inc., Assemblies Unlimited, Inc., Makers Nutrition, LLC. and others
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Supplement Packaging Market Segmentation
By Product Type
+ Oblong Bottles
+ Stress-style Packers
+ Indented Label Packers
+ Apothecary Packers
+ Bags
+ Pouches
+ Large Canisters
By End User
+ Pharmaceutical Companies
+ Nutraceutical Companies
By Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global Stent Delivery Systems Market by Material Type, by End-User, and by Region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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