The global bottle market will reach a compound annual growth rate of 6.4% in 2027, and the bottle market is expected to account for $3.555 billion in revenue in 2017. By the end of 2027, the sales volume for tablets and capsules will be Up to 74,418 units. The food, beverage and pharmaceutical industries will be the main end users of packaging bottles. In addition, chemicals, followed by the food and beverage industry, are expected to reach the highest compound annual growth rate by 2027.
In terms of value, North America will continue to be the main market for packaging bottles and is expected to reach the highest compound annual growth rate by the end of 2027. The pharmaceutical sector will be the largest end user of bottle production in North America. Due to its chemical inertness and impermeability, Glass bottles will have relatively high demand in the pharmaceutical and chemical industries.