From consumer electronics to pharmaceutical products, the trend of miniaturization continues to penetrate the global manufacturing sector. As products used on daily basis become smaller and more compact, the demand for containers to effectively store them in pockets continues to gain traction. Such pocket containers are being greatly valued by customers for providing convenience in storing vital products such as medicinal pills, electronic memory cards and safety pins, among others. Future Market Insights foresees a steady growth in demand for pocket containers. According to the findings of its latest report, the global pocket containers market is pegged to expand at a steady CAGR of 5.6% in terms of value over the period, 2017-2026.
Leading manufacturers of pocket containers are pegged to extend their product lines by introducing pocket containers with high moisture resistance and air-tight storage advantage. By the end of 2026, more than US$ 610 million worth of pocket containers are expected to be sold worldwide. During the forecast expansion of the global pocket containers market, companies namely Alpha Packaging Holdings, All American Containers, Amcor Ltd, CKS Packaging, Gerresheimer, TYH Container Enterprises, Vidchem pty ltd, USON Plast, and DailyMag Sharp Containers will instrument the manufacturing of pocket containers at a global scale.
Polypropylene Materials to be Widely Used for Production of Pocket Containers