The hot fill packaging global market report 2024 from The
Business Research Company provides comprehensive market statistics, including
global market size, regional shares, competitor market share, detailed
segments, trends, and opportunities. This report offers an in-depth analysis of
current and future industry scenarios, delivering a complete perspective for
thriving in the industrial automation software market.
Hot Fill Packaging Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The hot fill packaging market size has grown strongly in recent years. It will
grow from $57.84 billion in 2023 to $60.80 billion in 2024 at a compound annual
growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed
to microbial safety, shelf life extension, consumer demand for convenience,
growing food industry and food safety laws, and economic efficiency.
The hot fill packaging market size is expected to see strong growth in the next
few years. It will grow to $74.63 billion in 2028 at a compound annual growth
rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to
consumer demand for convenience, health and wellness trends, technological
advancements, regulatory standards, regulatory sustainability concerns,
sustainability concerns, and market expansion. Major trends in the forecast
period include sustainable materials, lightweight packaging, enhanced barrier
properties, smart packaging, aseptic hot fill, and custom packaging solutions.
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Scope Of Hot Fill Packaging Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Hot Fill Packaging Market Overview
Market Drivers -
Increasing consumption of beverages is expected to propel the growth of the hot
fill packaging market going forward. The consumption of beverages is rising due
to the increasing global population, urbanization, and the growing demand for
convenience and variety in diets. Hot-fill packaging in beverages extends shelf
life by sterilizing both the product and container at high temperatures,
ensuring safety and preserving quality without the need for preservatives. For
instance, in March 2022, according to the Australian Bureau of Statistics, an
Australia-based government statistical agency, in the 2020–21 period,
supermarkets, grocery stores, convenience stores, specialty food stores, and
fresh food markets in Australia collectively sold 14.7 million metric tons of
food and non-alcoholic beverages. This marked a 1.4% increase (equivalent to
204,100 metric tons) compared to the preceding 12 months (2019–20). Therefore,
the increasing consumption of beverages is driving the growth of the hot fill
packaging market.
Market Trends -
Major companies operating in the hot fill packaging market are developing
innovative products, such as hot-fill sauce bottles, to sustain their position
in the market. Hot-fill sauce bottles are containers specifically designed to
withstand the high temperatures of the hot-fill process used for packaging
sauces. For instance, in June 2022, Berry Global Group Inc., a US-based
packaging company, launched Nova, a new line of hot-fill sauce bottles. These
bottles are designed to have an appealing appearance on the shelf and offer
maximum consumer convenience. Nova bottles come in 250- and 500-ml sizes, are
made from clear polypropylene (PP), and feature a modern curved design. They
are suitable for both top-down and upright use and have a large label area for
impactful product branding. The bottles are manufactured using a multilayer
structure of polypropylene, ethylene vinyl alcohol, or polypropylene, which
extends their shelf life and makes them appropriate for cold and hot filling up
to 95 °C. The top-down design and easy squeezability help reduce product waste
by ensuring precise dispensing and maximizing product evacuation.
The hot fill packaging market covered in this report is segmented –
1) By Product Type: Hot Fill Packaging Containers, Hot Fill Packaging Bottles
And Jugs, Hot Fill Packaging Jars
2) By Material Type: Polyethylene Terephthalate (PET), Glass, Polypropylene,
Others Material Types
3) By Machine Type: Manual, Automatic
4) By Packaging: Tertiary, Secondary, Primary
5) By End-User: Sauces And Spreads, Fruit Juices, Vegetable Juices, Jams,
Mayonnaise, Flavored Water, Ready To Drink Beverages, Soups, Dairy, Other
End-Users
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Regional Insights -
North America was the largest region in the hot fill packaging market in 2023.
The regions covered in the hot fill packaging market report are Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, Middle East,
Africa.
Key Companies -
Major companies operating in the hot fill packaging market are Amcor plc, Berry
Global Inc., DS Smith, Borealis AG, Sonoco Products Company, Silgan Holdings
Inc, ALPLA Werke Alwin Lehner GmbH & Co KG, Klöckner Pentaplast, Graham Packaging
Company, Pretium Packaging, RESILUX NV, Placon, Gualapack S.p.A, Pipeline
Packaging, United States Plastic Corp, MJS Packaging, Kaufman Container, Ya YA
Foods Corp., LOG Plastic Products Company Ltd., Imperial Packaging, Constar
International LLC
Table of Contents
1. Executive Summary
2. Hot Fill Packaging Market Report Structure
3. Hot Fill Packaging Market Trends And Strategies
4. Hot Fill Packaging Market – Macro Economic Scenario
5. Hot Fill Packaging Market Size And Growth
…..
27. Hot Fill Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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