"Binding Intellectual insights for your Business"
The global cubitainers market is expanding with the rising product utilization for the packaging of pharmaceutical products, food, industrial chemicals, and dairy products owing to their strength, reliability, and quality control properties. Cubitainers are commercial-use liquid containers combining cardboard with flexible plastic containers. The increase in product demand due to their recyclable and reusable features and the growing demand for a flexible packaging solution for liquid products influence the market growth.
Increasing Utilization of Cubitainers in the Food & Beverage Sector Drives Market Growth
The rapidly changing food habits are increasing the emphasis on the use of packed liquid food. Cubitainers are lightweight and space-efficient and are majorly used in remote areas where vehicle transportation options are less. The rising utilization of these containers for carrying and storing cooking wines, millet wine, liquid sugar, sauces mirin, spirit vinegar, and other wine products is driving market growth. A surge in the utilization of cubitainers for carrying alcoholic and energy drinks also accelerates the industry growth.
High Upfront Costs and Environmental Concerns May Obstruct Market Growth
Cubitainers provide greater value when the container can be reused several times. However, the expensive upfront costs associated with the manufacturing of these products may limit the market expansion. Cubitainer's reusable design decreases waste and the demand for numerous replacements. However, plastic material is not always easily recyclable, mainly if it has been used to store hazardous chemicals. The rising environmental concerns regarding plastic waste are anticipated to impede market growth.
Rising Product Demand in Pharmaceutical Sector to Create New Growth Opportunities
Mounting demand for cubitainers in the pharmaceutical sector is anticipated to provide lucrative opportunities for market growth. They offer an excellent barrier against several external factors such as light, air, moisture, and others, owing to which they are gaining traction in the pharmaceutical sector. Various drugs and pharmaceutical products are very sensitive to degradation and need a controlled environment to maintain their efficiency. Cubitainers, here, provide profitable opportunities to pharmaceutical manufacturers owing to their ability to maintain product integrity, ease of handling and transportation, and versatility in carrying different types of drugs.
|
By Material |
By Capacity |
By End Use |
By Geography |
|
|
|
|
The report will cover the following key insights:
Based on material, the market is divided into low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), and high-density polyethylene (HDPE).
Low-density polyethylene (LDPE) is the dominating material segment. It is the majorly used material to design cubitainers. LDPE is essential in protecting the liquid product from getting contaminated by several factors, such as odor, gases, bacteria, and moisture. The recyclable nature of the material contributes to waste reduction efforts. In addition, the collapsible nature of the LDPE cubitainers reduces the use of packaging material and decreases carbon emissions during transportation, further aligning with eco-friendly initiatives.
On the basis of capacity, the market is subdivided into below 5 liter, 6 to 10 liter, 11 to 15 liter, and above 15 liter.
The 6 to 10-liter segment leads the market. These cubitainers can be easily molded to fit different sizes and shapes. They are also recyclable, lightweight, cost-effective, foldable, break-proof, and weatherproof. The rising utilization of 6 to 10-liter cubitainers for liquid products, especially water and energy drinks, is driving the segment growth. Consumers majorly use these cubitainers while camping, on long rides, and for home and garden purposes.
Based on end use, the market is fragmented into food & beverages, chemicals, pharmaceuticals, and others.
The food & beverages segment is the dominating segment and is anticipated to experience remarkable growth over the projected years. Demand for cubitainers in the food and beverage sector due to their flexibility, versatility, and stability is enhancing the segment’s development. The flexible nature of the inner pouch of the cubitainers allows for easy filling, sealing, storing, and transporting, encouraging segmental growth.
To gain extensive insights into the market, Download for Customization
Based on region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Asia pacific is the dominating region of the global market. Rising industrialization, increase in retail outlets, and the growing demand for packaged food and beverage products influence the market growth in the region. Cubitainers are highly used for carrying liquid and semi-liquid in the pharmaceutical and food sectors in the region.
North America is the second-dominating region. Cubitainers are majorly used in a wide range of industries in the U.S. and Canada, such as food & beverages, chemicals, and pharmaceuticals, due to their recyclable, stackable, and lightweight features, thus enhancing the market growth.
Europe is the third-leading region. Cubitainers are gaining traction in the food & beverage sector as they are the most durable packaging solution for storing and transporting liquid products. The rising utilization of such containers for liquid products, such as soya sauce, liquid sugar, vinegar, wine, and cold drinks, encourages market expansion in the region.
The growing demand for effective packaging solutions for liquid products that can easily get contaminated by moisture or bacteria is driving market growth in the Latin America region. Increasing utilization of these products by the chemical sectors drives the market development in the Middle East & African regions.
The global cubitainers market is fragmented, with the presence of a large number of group and standalone providers.
The report includes the profiles of the following key players:
Get In Touch With Us
US +1 833 909 2966 ( Toll Free )