Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
A carboy, also referred to as demijohn is a rigid container with a typical capacity of 4 to 60 litres. They are primarily used for transporting liquids, often water or chemicals. Dispensing carboys features indented hand grips on the bottom for easy pouring & carrying, with large handles and the strong, space-saving design. These carboys are available in various shapes and size as per the requirements. The carboy may be of plastic or glass. The plastic carboy is manufactured from the most excellent quality raw material such as polyethylene, polypropylene, polycarbonate, etc. Carboy finds useful applications in industrial packaging sectors including, chemicals & fertilizers, cosmetics, breweries, pharmaceuticals, oil & petroleum, etc.
Asia Pacific holds the largest market for dispensing carboy and is anticipated to grow at faster rate over the forecast period. This growth is attributed towards the expanding food and beverage industries in the region. Also, the dispensing carboy’s are widely used in brewery industries and the Asia pacific region has the highest consumption rate of alcohol. However, the use of plastic carboy is a concern as plastic is responsible for pollution and hence, many manufacturers are avoiding the use of plastic for the carboy making. Hence, this could hinder the market growth.
The Spread of COVID 19 impacted the dispensing carboy market in a positive way. This spread of virus increased the need of chemicals, medications and drugs which increased the demand for dispensing carboy for safe transportation and packaging. The increased need and demand for sanitizers and other disinfecting chemicals demanded for increased production of the dispensing carboy. Also, the increased testing in the market added fuel to the demand of dispensing carboy. Post-COVID, the market will continue to grow owing to its demand and need.
In Asia Pacific, the dispensing carboy market is segmented based upon the material type and end use industries.
Based on material type, the Asian Pacific market is segmented into glass and plastic. The segment plastic is further bifurcated into PETG (polyethylene terephthalate, glycol-modified), PP (Polypropylene), PE (Polyethylene), and Polycarbonate. Among these, the plastic dispensing carboy dominates the market as it can be reused without any damage. It provides more modularity as compared to the glass Also, the plastic carboy is used in the beverage industry for the fermentation of beverages. Its robust design and airtight fitting and a fermentation lock prevent oxygen and bacteria from entering during the fermentation process. This allows the segment to grow rapidly.
The various end use industries of dispensing carboy are food and beverages, healthcare, chemical laboratories, etc. The chemical industry holds the prominent position in the market owing to increasing research and laboratories activities hence, increasing the demand for dispensing carboy. Moreover, there is increased number of chemical industries and laboratories. Also, the food and beverage industry is anticipated to grow at the faster rate. This is attributed towards the extensive use of carboys in beverage industries and also the expansion of beverage industry in the region.
The various countries studied in Asia Pacific are India, China, Australia. Among these, the Chine holds the largest market followed by India. The penetration of food and beverage industries has increased the market for dispensing carboy. Also, the various chemical industries and laboratories are demanding for the dispensing carboy. The availability of the raw material and high production capacities is adding fuel to the market.
In Asia Pacific, the various key players present in the market are Thermo Fisher Scientific, Sterlitech Corporation, Dynalon Labware, All American Containers, Globe Scientific Inc., Foxx Life Sciences, Marin Scientific Development Company, Metro Ace Innovplas Corporation, Cole-Parmer India Pvt. Ltd.
A carboy, also referred to as demijohn is a rigid container with a typical capacity of 4 to 60 litres. They are primarily used for transporting liquids, often water or chemicals. Dispensing carboys features indented hand grips on the bottom for easy pouring & carrying, with large handles and the strong, space-saving design. These carboys are available in various shapes and size as per the requirements. The carboy may be of plastic or glass. Carboy finds useful applications in industrial packaging sectors including, chemicals & fertilizers, cosmetics, breweries, pharmaceuticals, oil & petroleum, etc. Asia Pacific holds the largest market for dispensing carboy and is anticipated to grow at faster rate over the forecast period. This growth is attributed towards the expanding food and beverage industries in the region. Also, the dispensing carboy’s are widely used in brewery industries and the Asia pacific region has the highest consumption rate of alcohol.
Based on material type, the Asian Pacific market is segmented into glass and plastic. The segment plastic is further bifurcated into PETG (polyethylene terephthalate, glycol-modified), PP (Polypropylene), PE (Polyethylene), and Polycarbonate. Among these, the plastic dispensing carboy dominates the market as it can be reused without any damage. It provides more modularity as compared to the glass Also, the plastic carboy is used in the beverage industry for the fermentation of beverages. The various end use industries of dispensing carboy are food and beverages, healthcare, chemical laboratories, etc. The chemical industry holds the prominent position in the market owing to increasing research and laboratories activities hence, increasing the demand for dispensing carboy. The various countries studied in Asia Pacific are India, China, Australia. Among these, the Chine holds the largest market followed by India. The penetration of food and beverage industries has increased the market for dispensing carboy.
In Asia Pacific, the various key players present in the market are Thermo Fisher Scientific, Sterlitech Corporation, Dynalon Labware, All American Containers, Globe Scientific Inc., Foxx Life Sciences, Marin Scientific Development Company, Metro Ace Innovplas Corporation.
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