IV INFUSION BOTTLE SEALS AND CAPS MARKET ANALYSIS
Rising investments by the private equity firms is expected to drive the market growth over the forecast period
Many equity firms are investing in the packaging industry, which is expected to expand the product offerings in the market. For instance, in August 2020, Creador, a Malaysia-based private equity firm invested US$ 34.1 Mn in the Shriji Polymers (India) Ltd., a manufacturer of high-density poly ethylene bottles, polypropylene caps, and other specialty products. The investment is expected to expand Shriji’s product offerings and global presence, and Creador gained a minority stake in the Shriji Polymers.
However, rising utilization of IV bags is replacing the conventional infusion bottles, which has reduced the demand for infusion bottle and this is further expected to hinder the IV infusion bottle seals & caps market growth over the forecast period.
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