Foam Bottle Technology Market Will Steady Growth in the Future
Packaging manufacturers across the global face issues from international regulatory authorities with regards to use of plastic resin. To tackle it, packaging manufacturers with the assistance of advanced technology has reduced the need for chemical resins. One such form of packaging, which is predominantly used in the packaging industry is the use of foam bottle technology product. Foam bottle technology reduces the need for resin used for production by 15% creating a bubbles structure of honeycomb which is lighter in weight but rigid. Foam bottle technology is an innovative form of packaging which is suitable for liquid aseptic packaging products.
The global foam bottle technology market is largely expected to witness a growth in the region of APEJ, Europe and North America. Germany and Italy are among the major countries which are preferring foam bottle technology. Rising demand in cosmetic products across ASEAN market is fuelling the demand for foam bottle technology market. Various neighbouring packaging countries such as India, China, Australia and New Zealand are executing the ASEAN countries cosmetic packaging demand.