Canisters Market Research Report - Forecast to 2027

Canisters Market Research Report: By Configuration (0.5 – 1 Gm, 1 - 2 Gm, 2 – 3 Gm, 3 Gm & Above), Application (Packaging, Storage), End-User (Pharmaceutical, Automotive, Healthcare, Chemical, Domestic, Retail Industries) Forecast to 2027

ID: MRFR/Pharma/0275-HCR | February 2021 | Region: Global | 115 pages

Canisters  Market Scenario


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 canisters market is expected to grow at a CAGR of approximately 7% during the forecast period, 2017–2023.


Research Methodology


 canisters Market


Sources: Annual reports, Press release, White paper, and Company presentation


Canisters Market 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. 


Canisters Market Regional Analysis


The global canisters market consists of four regions, namely, America, Europe, Asia Pacific, and the Middle East and Africa.


Americas dominated the global canisters market owing to the technological innovation, advancement in manufacturing processes, growing demand for blister packaging and drug delivery devices, and contribution of nanotechnology to the pharmaceutical packaging market. The US is the largest market among other countries such as Mexico, Canada, and others. The European canisters market is the second largest market followed by the Asia Pacific region.


Asia Pacific is the emerging market in the global canisters market. The rising awareness among consumers due to growing government initiatives and increasing minor and major pharmaceutical packaging industries owing to campaigns such as “Make-In-India” by the Indian government are major drivers responsible for the growth of the canisters market in India.


China and Australia are also expected to exhibit good opportunities during the forecast period. For Instance, in November 2017 Clariant Healthcare announced the establishment of a new healthcare packaging manufacturing plant in Cuddalore in Tamil Nadu. This manufacturing plant makes Clariant a major player in the growth of the pharmaceutical packaging market in India. This production unit is likely to improve the customer base in Asia Pacific and gain the canisters market prominence in this region.


Canisters Market 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.


Intended Audience



  • Canisters manufacturing companies

  • Original equipment manufacturing companies

  • Suppliers and distributors of canisters

  • Healthcare service providers

  • Teaching hospitals and Academic Medical Centers (AMCs)

  • Health insurance players

  • Research and consulting firms

  • Medical research institutes

  • Venture capitalists

  • Community Centers



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   2017- 2023: 7%
  Base Year   2020
  Forecast Period   2027
  Historical Data   2019
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors and Trends
  Segments Covered   Configuration, application, and end-user
  Geographies Covered   North America, Europe, Asia-Pacific and Rest of the World (RoW)
  Key Vendors   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
  Key Market Opportunities   FDA approval
  Key Market Drivers

  • Increasing awareness about the advantages of canisters amongst consumers worldwide
  • Contract manufacturing


  • TABLE OF CONTENT

    Chapter 1. Report Prologue

    Chapter 2. Market Introduction

    2.1 Definition

    2.2 Scope of the Study

    2.2.1 Research Objective

    2.2.2 Assumptions

    2.2.3 Limitations

    Chapter 3. Research Methodology

    3.1 Introduction

    3.2 Primary Research

    3.3 Secondary research

    3.4 Market Size Estimation

    Chapter 4. Market Dynamics

    4.1 Drivers

    4.2 Restraints

    4.3 Opportunities

    4.4 Challenges

    4.5 Macroeconomic Indicators

    4.6 Technology Trends & Assessment

    Chapter 5. Market Factor Analysis

    5.1 Porter’s Five Forces Analysis

    5.1.1 Bargaining Power of Suppliers

    5.1.2 Bargaining Power of Buyers

    5.1.3 Threat of New Entrants

    5.1.4 Threat of Substitutes

    5.1.5 Intensity of Rivalry

    5.2 Value Chain Analysis

    5.3 Investment Feasibility Analysis

    5.4 Pricing Analysis

    Chapter 6. Global Canisters Market, by Configuration

    6.1 Introduction

    6.2 0.5–1 gm

    6.2.1 Market Estimates & Forecast, 2020-2027

    6.3 1–2 gm

    6.3.1 Market Estimates & Forecast, 2020-2027

    6.4 2–3 gm

    6.4.1 Market Estimates & Forecast, 2020-2027

    6.5 3 gm & above

    6.5.1 Market Estimates & Forecast, 2020-2027

    6.6 Others

    Chapter 7. Global Canisters Market, by Application

    7.1 Introduction

    7.2 Packaging

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Pharmaceuticals Packaging

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.3 Nutraceuticals Packaging

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.4 Diagnostic Packaging

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.5 Others

    7.3 Storage

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.4 Other

    Chapter 7. Global Canisters Market, by End-User

    7.1 Introduction

    7.2 Pharmaceutical

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.3 Automotive

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.4 Healthcare

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.5 Chemical

    7.5.1 Market Estimates & Forecast, 2020-2027

    7.6 Domestic

    7.6.1 Market Estimates & Forecast, 2020-2027

    7.7 Retail Industries

    7.7.1 Market Estimates & Forecast, 2020-2027

    7.8 Other

    Chapter .8 Global Canisters Market, by Region

    8.1 Introduction

    8.2 Americas

    8.2.1 North America

    8.2.1.1 U.S.

    8.2.1.1 Canada

    8.2.2 South America

    8.3 Europe

    8.3.1 Western Europe

    8.3.1.1 Germany

    8.3.1.2 France

    8.3.1.3 Italy

    8.3.1.4 Spain

    8.3.1.5 U.K.

    8.3.1.6 Rest of Western Europe

    8.3.2 Eastern Europe

    8.4 Asia Pacific

    8.4.1 Japan

    8.4.2 China

    8.4.3 India

    8.4.4 Australia

    8.4.5 Republic of Korea

    8.4.6 Rest of Asia Pacific

    8.5 The Middle East & Africa

    8.5.1 United Arab Emirates

    8.5.2 Saudi Arabia

    8.5.3 Oman

    8.5.4 Kuwait

    8.5.5 Qatar

    8.5.6 Rest of the Middle East & Africa

    Chapter 9 Company Landscape

    9.1 Introduction

    9.2 Market Share Analysis

    9.3 Key Development & Strategies

    9.3.1 Key Developments

    Chapter 10 Company Profiles

    10.1 Clariant

    10.1.1 Company Overview

    10.1.2 Product Overview

    10.1.3 Financials

    10.1.4 SWOT Analysis

    10.2 Ashirwad chemicals

    10.2.1 Company Overview

    10.2.2 Product Overview

    10.2.3 Financial Overview

    10.2.4 Key Developments

    10.2.5 SWOT Analysis

    10.3 Dyson Ltd.

    10.3.1 Company Overview

    10.3.2 Product Overview

    10.3.3 Financial Overview

    10.3.4 Key Development

    10.3.5 SWOT Analysis

    10.4 Eureka Forbes Ltd.

    10.4.1 Company Overview

    10.4.2 Product/Business Segment Overview

    10.4.3 Financial Overview

    10.4.4 Key Development

    10.4.5 SWOT Analysis

    10.5 Electrolux Group

    10.5.1 Company Overview

    10.5.2 Product Overview

    10.5.3 Financial overview

    10.5.4 Key Developments

    10.6 Haier Group

    10.6.1 Company Overview

    10.6.2 Product Overview

    10.6.3 Financial Overview

    10.6.4 Key Developments

    10.7 Oreck Corporation

    10.7.1 Overview

    10.7.2 Product Overview

    10.7.3 Financials

    10.7.4 Key Developments

    10.7.5 SWOT Analysis

    10.8 Zibo Uni-Shine Industry Co., Ltd.

    10.8.1 Company Overview

    10.8.2 Product/Business Segment Overview

    10.8.3 Financial Overview

    10.8.4 Key Development

    10.8.5 SWOT Analysis

    10.9 Swastika international Co.

    10.9.1 Company Overview

    10.9.2 Product Overview

    10.9.3 Financial overview

    10.9.4 Key Developments

    10.10 Stanley Black & Decker

    10.10.1 Company Overview

    10.10.2 Product Overview

    10.10.3 Financial overview

    10.10.4 Key Developments

    10.11 Dyson Ltd.

    10.11.1 Company Overview

    10.11.2 Product Overview

    10.11.3 Financial overview

    10.11.4 Key Developments

    10.12 Others

    Chapter 17 MRFR Conclusion

    11.1 Key Findings

    11.1.1 From CEO’s View Point

    11.1.2 Unmet Needs of the Market

    11.2 Key Companies to Watch

    11.3 Prediction of Pharmaceutical industry

    Chapter 12 Appendix

    LIST OF TABLES

    Table 1 Canisters Industry Synopsis, 2020-2027

    Table 2 Canisters Market Estimates & Forecast, 2020-2027, (USD Million)

    Table 3 Canisters Market, by Region, 2020-2027, (USD Million)

    Table 4 Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 5 Canisters Market, by Application, 2020-2027, (USD Million)

    Table 6 Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 7 North America Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 8 North America Canisters Market, by Application, 2020-2027, (USD Million)

    Table 9 North America Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 10 U.S. Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 11 U.S. Canisters Market, by Application, 2020-2027, (USD Million)

    Table 12 U.S. Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 13 Canada Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 14 Canada Canisters Market, by Application, 2020-2027, (USD Million)

    Table 15 Canada Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 16 South America Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 17 South America Canisters Market, by Application, 2020-2027, (USD Million)

    Table 18 South America Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 19 Europe Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 20 Europe Canisters Market, by Application, 2020-2027, (USD Million)

    Table 21 Europe Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 22 Western Europe Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 23 Western Europe Canisters Market, by Application, 2020-2027, (USD Million)

    Table 24 Western Europe Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 25 Eastern Europe Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 26 Eastern Europe Canisters Market, by Application, 2020-2027, (USD Million)

    Table 27 Eastern Europe Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 28 Asia Pacific Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 29 Asia Pacific Canisters Market, by Application, 2020-2027, (USD Million)

    Table 30 Asia Pacific Canisters Market, by End-User, 2020-2027, (USD Million)

    Table 31 The Middle East & Africa Canisters Market, by Configuration, 2020-2027, (USD Million)

    Table 32 The Middle East & Africa Canisters Market, by Application, 2020-2027, (USD Million)

    Table 33 The Middle East & Africa Canisters Market, by End-User, 2020-2027, (USD Million)


    LIST OF FIGURES

    Figure 1 Research Process

    Figure 2 Segmentation for Canisters Market

    Figure 3 Segmentation Market Dynamics for Canisters Market

    Figure 4 Global Canisters Market Share, by Configuration, 2020

    Figure 5 Global Canisters Market Share, by Application, 2020

    Figure 6 Global Canisters Market Share, by Region, 2020

    Figure 7 Americas Canisters Market Share, by Country, 2020

    Figure 8 Europe Canisters Market Share, by Country, 2020

    Figure 9 Asia Pacific Canisters Market Share, by Country, 2020

    Figure 10 Middle East & Africa Canisters Market Share, by Country, 2020

    Figure 11 Global Canisters Market: Company Share Analysis, 2020 (%)

    Figure 12 Clariant: Key Financials

    Figure 13 Clariant: Segmental Revenue

    Figure 14 Clariant: Geographical Revenue

    Figure 15 Ashirwad Chemicals: Key Financials

    Figure 16 Ashirwad Chemicals: Segmental Revenue

    Figure 17 Ashirwad Chemicals: Geographical Revenue

    Figure 18 Dyson Ltd.: Key Financials

    Figure 19 Dyson Ltd.: Segmental Revenue

    Figure 20 Dyson Ltd.: Geographical Revenue

    Figure 21 Eureka Forbes Ltd.: Key Financials

    Figure 22 Eureka Forbes Ltd.: Segmental Revenue

    Figure 23 Eureka Forbes Ltd.: Geographical Revenue

    Figure 24 Electrolux Group: Key Financials

    Figure 25 Electrolux Group: Segmental Revenue

    Figure 26 Electrolux Group: Geographical Revenue

    Figure 27 Haier Group: Key Financials

    Figure 28 Haier Group: Segmental Revenue

    Figure 29 Haier Group: Geographical Revenue

    Figure 30 Oreck Corporation: Key Financials

    Figure 31 Oreck Corporation: Segmental Revenue

    Figure 32 Oreck Corporation: Geographical Revenue

    Figure 33 Zibo Uni-Shine Industry Co., Ltd.: Key Financials

    Figure 34 Zibo Uni-Shine Industry Co., Ltd..: Segmental Revenue

    Figure 35 Zibo Uni-Shine Industry Co., Ltd.: Geographical Revenue