Hot Fill Packaging Market to Witness a Healthy Growth by 2032

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The global hot fill packaging market is anticipated to secure a market value of US$ 82 Million by 2032.  Filling at hot temperature is done to sterilize the container & its closure. Hot fill packaging is suitable for the packaging of non-carbonated beverages, water and other soft drinks, and provides an approximate shelf life of 6-12 months, depending upon the barrier layers used. Usually, high-grade plastic material is used for hot fill packaging, to withstand the hot liquid without losing its structural integrity. PET bottles are most commonly used for hot fill packaging, hot-filled PET bottles are usually about 1.5 times heavier than cold-filled bottles
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Hot Fill Packaging Market: Dynamics

As the consumers are getting more concerned about the harmful effects of preservatives in their beverages, the demand for preservative-free products, with an extended shelf life is on its peak. This awareness is expected to be the key driver for the global hot fill packaging market in the coming years. Furthermore, hot fill packaging controls the bacterial or microbiological growth and retains the nutritional properties of the product; this eliminates the need for preservatives to a large extent. Unlike boiling, it preserves the taste of the filled product. Additionally, when compared to other filling processes, it is more economical and requires simpler process. These factors are expected to fuel the demand for hot fill packaging in the coming years.

However, there are some other packaging techniques such as aseptic packaging, which might gain grounds in the beverage packaging market. Usually, this process is used when the product’s taste is likely to be affected by heat, for aseptic filling the container needs to be sterilized and filled in sterile conditions. This increases the overall cost of packaging. Thus, its adoption highly depends on manufacturer’s packaging budget. In conclusion, the demand for hot fill packaging is expected to remain stable in the beverage packaging market.

Hot Fill Packaging Market: Regional Outlook

The geographical analysis of hot fill packaging market has revealed that the Asia Pacific is expected to outpace all other regions in terms of growth rate. This growth can be attributed to the massive investment by beverage giants in Asian economies such as China & India. Easy access to beverages has enabled an increase in consumption of juices and other non-carbonated drinks. Thus, beverage manufacturers are investing heavily on expansion in these areas; this is expected to escalate the demand for hot fill packaging in the region during 2019-2029.

Moreover, Europe and North America are expected to witness sustained demand for hot fill packaging owing to the high consumption of beverages in both regions. High consumption of flavored beverages, soft drinks, and energy drinks in the region are expected to bolster the sales of hot fill packaging solutions in the coming years. Furthermore, rising per capita consumption of beverages in Latin American economies is likely to translate into immense growth potential for the global hot fill packaging market.

Hot Fill Packaging Market: Key Players

Some of the key players operating in the global hot fill packaging market are Amcor Plc, Imperial Packaging, RPC Group Ltd., Graham Packaging Company, San Miguel Yamamura Packaging Corporation (SMYPC), Aisapack SA and others.

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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on hot fill packaging market segments and geographies.

Regional Analysis Includes

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)
Hot Fill Packaging Market: Segmentation

Globally, the hot fill packaging market is segmented into product type, material type, capacity, and end use.

By product type, the global hot fill packaging market has been segmented as follows

  • Bottles & jugs
  • Jars
  • Containers

By material type, the global hot fill packaging market has been segmented as follows

  • Glass
  • Plastic
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Others

By Capacity, the global hot fill packaging market has been segmented as follows

  • Up to 12 Oz
  • 13 Oz – 32 Oz
  • 33 Oz – 64 Oz
  • 64 Oz and above

By end use, the global hot fill packaging market has been segmented as follows

  • Soups, sauces & spreads
  • Juices
  • Ready-to-drink beverages
  • Dairy
  • Nectars

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Reasons to Buy this Report:
Strong qualitative and quantitative market analysis based on the segment breakdown within the consideration of both economic as well as non-economic factors.
Market evaluation based on market value (data in USD Billion) for each segment breakdown.
Indicates of the region and segment breakdown that is expected to witness the fastest growth rate and acts as market dominant. Analysis of geography highlighting, the region vice consumption of the product/service and an indication of the factors that are affecting the market within each region.
The competitive landscape encompasses the market ranking of the major market competitors, new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
The company profiles section provides an understanding of the company overview, company insights, product benchmarking, and SWOT analysis for the major market players.

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