Canisters are rigid cylinder-shaped containers that are used for the packaging purpose. These cylinders are filled with substances such as activated carbon, silica gel, and clay. These substances act as dehydrating agents for controlling odor and moisture. Moreover, several types of packaging materials are used in the pharmaceuticals industry which include vials, unit pak, canisters, and pillow pak. However, canisters are more in demand owing to their rigid structure and ease of maintenance, thus suitable for household sectors. The use of desiccant canisters is on the rise as they are non-toxic. Furthermore, these canisters are FDA approved with Code of Federal Regulations Title 21 (CFR 21) as they are considered to be safe for packaging pharmaceutical drugs and food.
Usually, these containers are made up of plastic as it is a preferred packaging material available with a variety of grades. Plastic also has significant properties such as it is chemically inert in nature, aesthetic appeal, and customized thickness which assist in marketing and promotional activities. Polyolefin, PET, PE, PP, and Polyvinyl Chloride (PVC) are some of the grades of plastic used for packaging.
Numerous production facilities use canisters of different configuration. For instance, canisters with a configuration of 0.5-1 gm are used by pharmaceutical industries. Whereas, for storing chemicals, canisters with a configuration between 1–2gm are mostly used. Additional packaging types include vials and syringes that are used for diagnostic purposes.
Owing to the rigid design of desiccant canisters, they are an ideal fit for high-speed insertion and automatic packaging in nutraceutical and pharmaceutical bottles. For instance, the novel Oxy-Guard bottles launched by the Clariant Healthcare in October 2017 have the ability to extend the shelf life of probiotics.
The increasing awareness about the advantages of canisters amongst consumers worldwide, increase in contract manufacturing, and the booming pharmaceutical industry are some 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, lights, and moisture are expected to benefit the pharmaceutical packaging market. Although, changing health regulations along with price volatility and availability of raw materials are the major constraints hampering the growth of this market.
Global market for canisters is expected to grow at a CAGR of approximately 7% during the forecast period, 2017–2023.
Segmentation
The global canisters market is segmented on the basis of configuration, application, and end-user.
On the basis of configuration, the global canisters market is segmented into 0.5–1 gm, 1–2 gm, 2–3 gm, 3 gm and above, and others.
On the basis of application, the global canisters market is classified into packaging, storage, and others. The packaging segment is divided into pharmaceuticals packaging, nutraceuticals packaging, diagnostic packaging, and others.
On the basis of end-user, the global canisters market is classified into, pharmaceutical, automotive, healthcare, chemical, domestic, retail industries, and others.
Key Players
Some major players in the global canisters market include Zibo Uni-Shine Industry Co., Ltd., Swastika international co, Electrolux Group, Stanley Black & Decker, Dyson Ltd., Oreck Corporation, TTI Floor Care, Miele, Eureka Forbes Ltd, and Haier Group, Clariant, Sanner GmbH, Ashirwad chemicals, and others.
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