Canisters Market Synopsis

Canisters Market Size Was Valued at USD 2.97 Billion in 2023 and is Projected to Reach USD 6.43 Billion by 2032, Growing at a CAGR of 8.96% From 2024-2032.

Canister cylinders are filled with substances such as activated carbon, silica gel, and clay these substances act as dehydrating agents for controlling odor and moisture. Canisters used in the Laboratory with high chemical resistance which are made up of High-quality PE-HD material for safe disposal of chromatographic solvents or other liquid laboratory waste, they are also used to store chemicals, and transport gasses, compressed gas canisters are used for welding carbonation, medical oxygen.

• They are used for Pantry purposes to store dry foods, nuts, seeds, flour, pasta, Coffee, tea, and coffee, and also to prevent pest infestations as pantry moths can easily penetrate through open packaging.
• Plastic canisters are used for household goods like shampoos, detergents, and cleaning materials, and for producing mineral water, carbonated drinks, and juice bottles.
• They are used for packaging purposes where composite canisters are lightweight and durable and are used in various sectors like agriculture for packaging fruits and vegetables and juices, textiles for packing clothes, personal care, and cosmetic products.

Canisters Market Trend Analysis

Increasing Demand for Packaging in The Pharmaceutical Sector

• The Pharmaceutical industry is one of the major growth factors of the global canisters market. Furthermore, the introduction of nano-enabled packaging and enhanced barrier properties of the canisters against mechanical forces, moisture, and lights are expected to benefit the pharmaceutical packaging market.
• Whereas, for storing chemicals, additional packaging types include vials and syringes that are used for diagnostic purposes they are lightweight, convenient, and attractive options for packaging the products which also increase the shelf life of the products.
• Desiccant Canisters are presented in a different variety of forms, shapes, and sizes. The most commonly used form is a sachet presented which is presented in the form of a single unit. Sachets also vary depending on the application in size from 0.25 grams up to 2.5 kilograms.
• Silica gel canisters are the standard for pharmaceutical packaging lines, the innovative design of these canisters provides 360° moisture absorption and also it keeps the capsule’s effectiveness whether it is placed on the floor or the wall.

Emerging Bio-Based and Biodegradable Canisters

• The factors such as the confluence of environmental consciousness, regulatory considerations, and shift in consumer preferences are increasing the demand for bio-based and biodegradable canisters.
• For the production of canisters, bio-based and recyclable plastic alternatives, such as polyethylene and polypropylene or customized Terylene compounds are been chosen more nowadays. Governments across the world are focusing on the incredible sustainable packaging and recyclable products. Bio-based and biodegradable canisters comply with these regulations and demonstrate their commitment to eco-friendly responsible practices.
• With the increasing impact of plastic pollution, consumers are becoming more conscious regarding the environment, advances in biotechnology and material science may help to make bio-degradable canisters that are eco-friendly and seek out sustainable options.
• For many years, people have debated the possible dangers of Styrofoam containers, when these containers are heated, harmful substances may leak into the food, which may cause health risks. The food container made up of Abaca Fiber pulp can be used which is environmentally friendly and will be easily decomposable in a short period.

Canisters Market Segment Analysis:

Canisters Market Segmented on the basis of application, By Material and end-users.

By Application, the Packaging sector held the largest share in 2023

• Canisters used for packaging pharmaceutical products such as pills, tablets, capsules, and powders. These canisters play a crucial role in maintaining the integrity and freshness of pharmaceuticals while ensuring proper dosing and compliance, Metal canisters are solely used for packaging of many products.
• In the Food and Beverage sector, canisters contribute to the packaging needs. They are mainly used for storing dry goods, snacks, and certain beverages. This metal is very resistant to chemical attack.
• Tin containers are also Readily coated with several metals e.g. tin-coated lead tubes combine with the softness of lead with its inertness of tin and this is the reason it is f used for packaging fluoride toothpaste.
• The glass canisters are used for Laboratory and medical purposes as they are very sterilized, easily named, non-reactive, and can accept a variety of closures which are very good in protecting the material.

By Material, the Metal segment is expected to dominate the market during the forecast period

• Metal canisters are extensively used whereas Aluminium canisters are lightweight, durable, and offer excellent barrier properties against moisture, light, and oxygen. They are commonly used for packaging food, beverages, pharmaceuticals, and personal care products.
• Metal containers are used mainly for medicinal products it is the ideal packaging material for pressurized containers they are resistant to both high and low temperatures They include packs and tubes which are made from foil, cans, aerosol, and gas cylinders.
•  Steel canisters are known for their strength and durability, making them suitable for packaging products that require robust protection, such as paints, chemicals, and industrial products.
• Thickest aluminum canisters are used for rigid containers such as aerosol cans and tubes for effective tablets, thinnest aluminum canisters are used for rigid containers such as aerosol cans.
• and tubes for effervescent tablets.

Canisters Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• Americas dominated the global canisters market owing to technological innovation, advancement in manufacturing processes, growing demand for blister packaging and drug delivery devices, and the contribution of nanotechnology to the pharmaceutical packaging market.
• Most of the key players are well-established in the country due to which the canisters for sale are highly available in the country. Child-resistant packaging is a key area of innovation with a focus on the safety of household items, including medications and cleaning products in the US. Manufacturers are heavily investing in advancements in child-resistant features.
• The increasing e-commerce activity is also reshaping the canister's packaging requirements. The consumer-centric design trends for kitchens are heavily influencing the market of this region, therefore the manufacturers are mainly focusing on kitchen sets or kitchen décor with innovative and stylish designs. There are also smart canisters that focus on the freshness indicators that are emerging to attract a population of this region, Hence North America is expected to dominate the market over the period.

Canisters Market Top Key Players:

• Burkle Gmbh (Germany)
• Semadeni Ag (Switzerland)
• Menke Industry Packungen Gmbh & Co.Kg (Germany)
• Shanghai Esonics Technology Co Ltd (China)
• Ningbo Passen Technology (China)
• Kunz Packaging (Germany)
• Jinhua Allies Import and Export Co. Ltd (China)
• LCS Company (USA)
• PMF Industries (USA)
• Jaxon Filtration (USA)
• Kautex Textron Gmbh & Co. Kg (Germany)
• Goldberg Brothers (USA)
• Wiegel (USA)
• Zibo Green Light Industrial Co. Ltd (China)
• JLO Metal Products.Inc (USA)
• American International Container (USA)
• Micro Parts.Inc (USA)
• Trivium Packaging (USA)
• GTS Packaging Solutions (USA)
• Ltd Mcreat(Guangzhou) Bio-Tech.Co.Ltd (USA)
• Qingdao Sandro Medical Technology Co. Ltd (China)
• Compocan Industries (India)
• Multisorb Technologies, Inc (USA)
• Micro Q Technologies (USA)
• Aviation Survival (USA) And Other Active Players.

Key Industry Developments in the Canisters Market:

In Aug 2023, Stericycle launched Re-engineered one-gallon, regulated waste containers Compared to Stericycle's previous containers, this new container provides customers with a contemporary design, improved ease of use, and a more sustainable product.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. CANISTERS MARKET BY MATERIAL (2017-2030)
   1. CANISTERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PLASTIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2030F)
      3. Historic And Forecasted Market Size in Volume (2017-2030F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. CERAMIC
   5. METAL
   6. PAPERBOARD
   7. WOODEN
7. CANISTERS MARKET BY APPLICATION (2017-2030)
   1. CANISTERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PACKAGING
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2030F)
      3. Historic And Forecasted Market Size in Volume (2017-2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. STORAGE
   5. OTHERS
8. CANISTERS MARKET BY END-USER (2017-2030)
   1. CANISTERS MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PHARMACEUTICAL

8. 3. 1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2030F)
      3. Historic And Forecasted Market Size in Volume (2017-2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. AUTOMOTIVE
   5. HEALTHCARE
   6. CHEMICAL
   7. DOMESTIC
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Benchmarking
      2. CANISTERS Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. BURKLE GMBH
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves and Recent Developments
      10. SWOT Analysis
   3. SEMADENI AG
   4. MENKE INDUSTRY PACKUNGEN GMBH & CO.KG
   5. SHANGHAI ESONICS TECHNOLOGY CO LTD
   6. NINGBO PASSEN TECHNOLOGY
   7. KUNZ PACKAGING
   8. JINHUA ALLIES IMPORT AND EXPORT CO. LTD
   9. LCS COMPANY
   10. PMF INDUSTRIES
   11. JAXON FILTRATION
   12. KAUTEX TEXTRON GMBH & CO. KG
   13. GOLDBERG BROTHERS
   14. WIEGEL
   15. ZIBO GREEN LIGHT INDUSTRIAL CO. LTD
   16. JLO METAL PRODUCTS.INC
   17. AMERICAN INTERNATIONAL CONTAINER
   18. MICRO PARTS.INC
   19. TRIVIUM PACKAGING
   20. GTS PACKAGING SOLUTIONS AVIATION SURVIVAL
   21. LTD MCREAT(GUANGZHOU) BIO-TECH.CO.LTD
   22. QINGDAO SANDRO MEDICAL TECHNOLOGY CO. LTD
   23. COMPOCAN INDUSTRIES
   24. MICRO Q TECHNOLOGIES
   25. AVIATION SURVIVAL

10. GLOBAL CANISTERS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Material
       4. Historic And Forecasted Market Size By Application
       5. Historic And Forecasted Market Size By end-user
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors and Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies