Cubitainer Market

Market Overview: 

The global cubitainer market size reached US$ 80.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 113 Million by 2028, exhibiting a growth rate (CAGR) of 5.76% during 2023-2028. The increasing product utilization across various industries, the rise in per capita income, and the eco-friendly nature of cubitainers represent some of the key factors driving the market.

Cubitainer is a flexible plastic container widely used for storing and transporting liquids and semi-liquids. It contains three layers of plastic - an inner layer of low-density polyethylene, a middle layer of nylon for added strength, and an outer layer of high-density polyethylene. The combination of these layers makes cubitainer highly durable, flexible, and resistant to punctures, tears, and leaks. In addition to this, it is lightweight, easier to handle, recyclable, and environmentally friendly compared to traditional rigid containers. Cubitainer is also collapsible, which reduces storage space and transportation costs. Consequently, it is widely used across the food and beverage (F&B), chemical, and pharmaceutical industries as a versatile and durable flexible packaging solution.

Cubitainer Market Trends:

The rising demand for flexible, cost-effective, lightweight, and easy-to-handle packaging solutions such as cubitainers in various industries such as pharmaceuticals, food and beverage (F&B), and chemicals represents one of the primary factors driving the market growth. Besides this, the widespread product adoption owing to its high-performance and durability, which helps to protect products from damage during transportation and storage, is providing an impetus to the market growth. Moreover, the escalating consumer awareness regarding the importance of reducing plastic waste and the increasing adoption of sustainable and eco-friendly packaging solutions such as cubitainers is creating a favourable outlook for the market. In addition to this, the bolstering growth of the e-commerce industry due to the growing popularity of online grocery shopping and the surging demand for online food delivery and ready-to-eat (RTE) food products are strengthening the market growth. Concurrent with this, the increasing demand for customization and personalization of packaging solutions among various industries for branding and promotional purposes is acting as another significant growth-inducing factor. Furthermore, the emergence of new manufacturing technologies and materials, which can reduce costs and increase production efficiency, is presenting remunerative growth opportunities for the market. In line with this, extensive investments in research and development (R&D) activities to develop innovative and high-quality packaging solutions are contributing to the market growth. Other factors, such as the changing dietary habits, the inflating disposable income of individuals, and the implementation of favourable government regulations regarding reducing plastic waste, are positively impacting the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global cubitainer market report, along with forecasts at the global, regional, and country levels for 2023-2028. Our report has categorized the market based on material, capacity, and end user.

Material Insights:

• Low Density Polyethylene (LDPE)
• Linear Low Density Polyethylene (LLDPE)
• High Density Polyethylene (HDPE)
   

The report has provided a detailed breakup and analysis of the cubitainer market based on the material. This includes low density polyethylene (LDPE), linear low density polyethylene (LLDPE), and high density polyethylene (HDPE). According to the report, low density polyethylene (LDPE) represented the largest segment.

Capacity Insights:

• 1 Liters
• 3 Liters
• 10 Liters
• 16 Liters
• 20 Liters
   

A detailed breakup and analysis of the cubitainer market based on the capacity has also been provided in the report. This includes 1, 3, 10, 16, and 20 liters. According to the report, 20 liters accounted for the largest market share.

End User Insights:

• Food and Beverages Industry
• Chemical Industry
• Pharmaceutical Industry
   

The report has provided a detailed breakup and analysis of the cubitainer market based on the end user. This includes food and beverages, chemical, and pharmaceutical industries. According to the report, food and beverages represented the largest segment.

Regional Insights:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for cubitainer. Some of the factors driving the Europe cubitainer market included the expanding product adoption across the F&B industry, the rising demand for sustainable and eco-friendly packaging solutions, and significant advancements in manufacturing technologies.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global cubitainer market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Avantor Inc., Changzhou Sanjie Plastic Products Co. Ltd., Cole-Parmer Instrument Company LLC, Quality Environmental Containers Inc., The Cary Company, Thermo Fisher Scientific, United States Plastic Corporation, Wilh. Wilhelmsen Holding ASA, Zacros (Fujimori Kogyo co. ltd.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Cubitainer Market Report Scope:

Key Questions Answered in This Report:

• How has the global cubitainer market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global cubitainer market?
• What is the impact of each driver, restraint, and opportunity on the global cubitainer market?
• What are the key regional markets?
• Which countries represent the most attractive cubitainer market?
• What is the breakup of the market based on the material?
• Which is the most attractive material in the cubitainer market?
• What is the breakup of the market based on capacity?
• Which is the most attractive capacity in the cubitainer market?
• What is the breakup of the market based on the end user?
• Which is the most attractive end user in the cubitainer market?
• What is the competitive structure of the global cubitainer market?
• Who are the key players/companies in the global cubitainer market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the cubitainer market from 2017-2028.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global cubitainer market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the cubitainer industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.