The demand for cubitainer is projected to grow at a CAGR of 4.4% during 2022 to 2032. The cubitainer market size is likely to be valued at USD 98.2 Million in 2022, and exhibit a revenue growth of USD 151.1 Million by 2032.
The sales of cubitainer are expected to rise with the growth in per capita income of the population, along with the increasing disposable income of the middle class population, which surges people to invest money on alcoholic and energy drinks. However, governments across the world may implement stringent rules and regulations regarding packaging materials which may curb the progress of cubitainers. On the contrary, high product-to-packaging ratio to minimize dead space and other advancements in material technology are anticipated to create lucrative opportunities for the cubitainer market.
| Report Attribute | Details |
|---|---|
| Cubitainer Market Value (2022) | USD 98.2 Million |
| Cubitainer Market Anticipated Value (2032) | USD 151.1 Million |
| Cubitainer Projected Growth Rate (2032) | 4.4% |
The most common material used to manufacture cubitainers is low density polyethylene (LDPE). This material protects the product contained within from getting contaminated by gases, bacteria, odour, and moisture. This creates several opportunities for manufacturers in the cubitainers market trends.
High barrier films such as EVOH is used as bladders in cubitainers to aid food and beverage product manufacturers to extend the shelf-life of their products and minimize product wastage. Additionally, cubitainers are cost-effective and 97-100% of the product helps reduce product waste.
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With manufacturers increasing their focus on Reduce, Reuse, and Recycle, cubitainer has become one of the most sought-after products for both the manufacturers and end customers.
To tap into the sustainable market, the manufacturers are making the best use of the fully recyclable property of cubitainers. So, the focus has been on developing the closed-loop recycling form of cubitaners.
Taking this into account, some manufacturers have devised an innovative step-by-step process to manufacture recyclable cubitainers.
The process starts with molding, wherein a cubutainer of the required shape is manufactured.
This step is followed by filling the cubitainer with the required liquid. During the filling process, there are chances that some foreign substance might be present. So, the filling is followed by sorting, where these foreign materials are removed.
Next, the spouts are removed from the body. It is necessary to remove these spouts, as the presence of spouts would make the cubitainers non-recyclable. After that, the cubitainers are subjected to grinding, post which these are washed to form flakes.
The washing is preceded by drying using a dehydrator. The dried flakes no longer contain the sliminess which was felt when the flakes were wet.
Subsequently, we would be pelleting the dried flakes with an extruder. Finally, the cubitainers are molded using recycled pellets.
After this, in the form of testing, the recycled cubitainers are compared with a virgin raisin cubitainer. Finally, after this, the recycled cubitainer is sold to the end customer.
Apart from that, the manufacturers have been laying special emphasis on developing cubitainers that are collapsible in nature and are made up of Polyethylene. The specialty of using such collapsible containers is that these meet the level 3 classification for contaminant-free sample containers.
Apart from that, there is a consistent effort from manufacturers to develop cubitainers of various capacities. This has been done in an effort to cover the broader market. Furthermore, manufacturers are employing the latest technologies in their value chain to develop tougher and more versatile versions of cubitainers.
The rising demand for durable, and portable packaging solutions is expected to boost the demand for cubitainer. Moreover, the demand further increases owing to the changing lifestyle and food habits of the major population, which leads to the growing use of packaged liquid food products.
A key feature of cubitainers is the ability to customize them. Manufacturers in the cubitainer market are leaning towards the production of rigid and flexible cubitainers and offering a range of configuration options to their customers, which is expected to boost the global cubitainer market size. They are also concentrating on smart manufacturing processes such as artificial intelligence (AI), Internet of Things (IoT), and robotics.
Cubitainers further have a high demand which is attributed to its low shipping costs compared to the standard plastic pails, due to its lightweight. Moreover, owing to its non-toxic feature, manufacturers prefer cubitainers for alcoholic and non-alcoholic beverages, as it maintains the quality of the liquid and prevents contamination.
The reusability and eco-friendly nature are likely to contribute towards the global cubitainer market growth as concerns and controlling programs regarding the reduction of the use and disposal of numerous packaging materials have increased. Moreover, the adoption of cubitainer is estimated to grow as manufacturers operate in-sync with the requirements of the FDA.
There are several alternatives to cubitainers available in the market. These include rigid open head pails, bag-in-box, and blow-moulded tight head pails. These alternative options provide similar or better features than that of cubitainers, which is likely to impede the global cubitainer market growth.
Conversely, as new players continue to enter the cubitainer market, the quality, costs, and environment sustainability becomes the lookout to be considered in future production of cubitainers. Furthermore, the development of multi-purpose and high-quality cubitainers are being highly focused on by manufacturers, by laying emphasis on various inspections and certification procedures to ensure exquisite quality of the product.
Europe holds the largest share of the cubitainer market with a revenue of 19%. This is attributed to the increasing demand for packaged liquid food and the presence of key cubitainer manufacturers. Cubitainers are preferred over other packaging types by an increasing number of manufacturers and producers from various industries. This is because of its lucrative and eco-friendly nature, which is anticipated to surge its demand and sales of cubitainer in this region.
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The lightweight and space efficiency of cubitainers are the key features that maintain its high demand amongst various end users. The growing environmental concerns due to global warming are compelling manufacturers to not only make the cubitainers eco-friendly by facilitating polyethylene terephthalate (PET) barrier, high density polyethylene (HDPE), low density polyethylene (LDPE), and linear low density polyethylene (LLDPE).
Start-up companies are also contributing to the cubitainer market growth by incorporating various innovative strategies to improve the features of cubitainers, and possibly increase its applications and demand amongst several end users.
The cubitainer market is fragmented and the competition between players is poised to increase over the forecast period. Manufacturers are primarily focusing on the development of cubitainers by improving their quality and provide them with several purposes.
The Most Recent Developments Surging the Popularity of Cubitaners:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.4% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Material Type, Carrying Capacity, End User and Region. |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | Changshun Plastic Co. Ltd., Zacros America Inc., ChangZhou HengQi Plastic Co. Ltd., The Cary Company, Changzhou Sanjie Plastic Products Co. Ltd., Fujimori KOGYO Co. Ltd., RPC Promens and SEKISUI SEIKEI Co. Ltd., Koizumi Jute Mills Ltd., United States Plastic Corporation, Avantor Performance Materials Inc., Quality Environmental Containers, Cole-Parmer, Berlin Packaging, etc. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The cubitainer market is likely to garner a CAGR of 4.4% during the forecast period.
Stringent rules and regulations regarding packaging materials; availability of alternative options.
The cubitainer market is likely to grow to surpass US$ 151.1 Mn by 2032.
| CAGR | 4.3% |
|---|---|
| Market Size - 2023 | USD 2407.14 Million |
| Market Size - 2033 | USD 3667.28 Million |
| Market Size Value (2023) | USD 891 million |
|---|---|
| Market Size Value (2033) | USD 1,403.6 million |
| Market CAGR (2023 to 2033) | 4.6% |
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