Bottle Redesign Market is projected to record evolution rate over prediction period 2024, Bottle Redesign Market Current trends, Bottle Redesign Market Size
Albany, NY -- (SBWIRE) -- 12/09/2016 -- Packaging industry demands continuous packaging up gradations to drive in more customer attraction, thereby increasing the sales of the product. Bottle redesign is the most widely used strategy in the packaging, especially from the food and beverage industry. Bottle redesign includes re-shaping of the bottles, redesigning of labels, logo redesign, and others. Even the most successful, established and easily recognizable brands require a timely brush up regarding bottle designs. Enhancing the shelf appeal of the bottles by redesigning them, marks the beginning of brand makeover. In the recent era of a competitive market, brands need to stay relevant to their customers and packaging designs to survive in the bottle redesign market.
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Bottle Redesign Market: Market Dynamics
The packaging lifecycle requires continuous transformations in its product designs to enhance the aesthetic appeal of the product, enhance the brand level and attract more customers. These factors drive in the urge to redesign the bottles, especially in the food and beverage industry. Functional attributes such as re-close ability, portability, easy handling of bottles also drive the redesign bottle market. Another factor that drives the bottle redesign market is the changing consumer design preferences and the desire to stand apart in the market competition among the brands.
As per the recent trends in bottle redesign market, packaging industry emphasizes on bottle reshaping, logo redesigning by the brands, redesigning of the labels and using innovative designs for the bottles. In the beverage segment, In Zone Brands Inc., redesigned its Tummy Tickler bottles- a children's drink, to improve its grip ability for the children. Established beverage brands like Coca-Cola, Pepsi redesigned its bottles from basic bottles to curvier bottles making it easier to hold and this is increasing the growth rate of bottle redesign market.
With bottle redesigning having an advantage for the brands, it also poses a threat regarding bottle redesigning cost. Since packaging industry requires continuous changes, brands find it difficult to cope up with the pace of changes demanded by the packaging industry as they have to continuously invest time and money in redesigning of the bottles this is a limiting factor for bottle redesign market.
Bottle Redesign Market: Market Segmentation
Bottle redesign market can be segmented on the basis of types of redesign, which includes:
Re-shaping of the bottles
Re-designing of bottle labels
Re-designing of bottle closures
Bottle redesign market can be segmented on the basis of application, which includes:
Food & Beverage
Based on re-designing type, reshaping of bottles include shapes like curvy, sleek-shaped, shrink shaped and others, depending upon the usability of the bottles. Re-designing of the bottle closure include cork, crowns, screw caps, capsules and others that fit perfectly with the brand image. Bottle labels include shrinking sleeve labels, inkjet labels and others that help in enhancing the shelf appeal of the bottles.
Bottle redesign is widely used by food and beverage industry to improve the aesthetic appeal of juice bottles, alcohol bottles, jam bottles, oil bottles and others. The pharmaceutical industry also uses redesign strategy for its syrup bottles, liquid antiseptics and other. Personal care products like lotion bottles, shampoo bottles, body shower bottles and others also use redesign strategy to enhance their aesthetic appeal and these industry are generating demand in bottle redesign market.
Bottle Redesign Market: Regional Outlook
Regional coverage for bottle redesign market includes North America's bottle redesign market , Latin America's bottle redesign market, Europe's bottle redesign market, Asia Pacific's bottle redesign market and China's bottle redesign market, Middle East's bottle redesign market and Africa's bottle redesign market. Bottle redesigning strategy is used across all the regions by various industries including food and beverage, pharmaceuticals and others,
Bottle Redesign Market: Market Players
The market players in bottle redesign market are Coca-Cola Company, PepsiCo Inc, Bisleri, Absolut Vodka, Amul, The Hershey Company and others.