The multi-pack carriers market is likely to register a CAGR of 4.7% during the forecast period and is anticipated to reach a market share of US$ 2.45 Billion in 2032, from US$ 1.55 Billion in 2022.
As a result of urbanization, there is a growing tendency for on-the-go food consumption, which is pushing the multi-pack carriers market. The use of multi-pack carriers frequently decreases the cost of packing the items, which has a substantial influence on the manufacturer's interest in adopting these multi-pack carrier options.
| Attributes | Details |
|---|---|
| Multi-pack Carriers Market (CAGR) | 4.7% |
| Multi-pack Carriers Market (2022) | US$ 1.55 Billion |
| Multi-pack Carriers Market (2032) | USD 2.45 Billion |
Multi-pack carriers are an efficient way of strategically increasing total sales of multi-pack carriers, as several product units are clubbed together and packed.
Packaging plays a vital role in attracting consumers, hence escalating demand for multi-pack carriers, which is achieved by customizing the packaging products as per the end-user's need, which also rockets the sales of multi-pack carriers.
Strategically positioning the product on the shelf or pallet display along with multi-pack carriers installed would enhance the product's sales and the total sales of multi-pack carriers as well. Multi-pack carriers are easily customizable and provide convenience in portability due to the presence of handles.
The multi-pack carriers are used for both cans as well as bottles on which they fit comfortably. There is a demand for multi-pack carriers as it helps in reducing the storage space required.
Multi-pack carriers are the best way in mobile advertising a product to increase sales of multi-pack carriers, due to the ease of printability option provided by the multi-pack carrier manufacturers.
In today’s world, what attracts the eyes also drives the sales of multi-pack carriers, and multi-pack carriers can play a massive role in boosting product sales of multi-pack carriers.
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Multi-pack carriers market is expected to witness growth due to the increased sales of multi-pack carriers compared to the single bottles or cans sold.
When products are clubbed and the brands offer an optimum discount, a significant hike in the sales of multi-pack carriers is observed. Ease of printability in multi-pack carriers; make the product visually enticing and easily recognizable.
The products that catch the consumers' eye eventually end up being bought, which improves the overall sales of multi-pack carriers and clears the old stocks.
According to WestRock Company, 75% of beverage purchase decisions are made by the consumers at the aisle amidst the various options available. The benefits of multi-pack carriers in improving the overall sales of multi-pack carriers would drive their multi-pack carriers' market demand.
The multi-pack carrier reduces the cost of packaging the product, which is one of the significant factors that impact its multi-pack carriers' market growth. The cost saved can be utilized in marketing the product in the multi-pack carriers market, which would lead to increased sales of multi-pack carriers, eventually benefitting the company.
Upper-middle-class consumers tend to buy more of such multi-pack carriers as convenience is a more important factor than cost.
Due to such elements, the multi-pack carriers would witness an upright growth in the forecast period. The inclination of consumers towards sustainable packaging solutions would increase the demand for paper-based multi-pack carriers.
Multi-pack carriers’ market demand is likely to grow in the North American region due to the increased consumption of beverages per capita, followed by Europe.
In the coming future, multi-pack carriers would witness upright growth in the global multi-pack carriers market due to urbanization in developing countries, and their capability to attract a large number of customers would contribute to their increase in demand for multi-pack carriers.
Principal Consultant
The key players in the multi-pack carriers market are Smurfit Kappa Group plc, WestRock Company, Graphic Packaging International, LLC, Fishbone Packaging Inc., British Polythene Limited, Grip-Pak, Wynalda Packaging, and Canada Kegs & Packaging.
| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 4.7% from 2022 to 2030 |
| The 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 | Product type, end-use, material type, 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; United Kingdom; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; United Arab Emirates; Iran; South Africa |
| Key companies profiled | Smurfit Kappa Group plc, WestRock Company, Graphic Packaging International, LLC, Fishbone Packaging Inc., British Polythene Limited, Grip-Pak, Wynalda Packaging, and Canada Kegs & Packaging. |
| 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. |
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The multi-pack carriers market is anticipated to register a CAGR of 4.7% during the forecast period.
The multi-pack carriers' market share is anticipated to reach US$ 2.24 Billion by 2030.
Demand for multi-pack carriers is likely to rise, as effective packaging solutions not only give a financial benefit, but they may also provide a competitive advantage in recruiting new customers.
1. Executive Summary | Multi-pack Carriers Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers, and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Market Analysis 2015 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2015 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
Opportunity Analysis
4.2.2. Absolute $
5. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2015 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2022 to 2032
5.3.1. Plastic
5.3.2. Paper & Paperboard
5.3.3. Metal
5.4. Y-o-Y Growth Trend Analysis By Material, 2015 to 2021
5.5. Absolute $ Opportunity Analysis By Material, 2022 to 2032
6. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2015 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2022 to 2032
6.3.1. Bottles
6.3.2. Cans
6.4. Y-o-Y Growth Trend Analysis By Application, 2015 to 2021
6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032
7. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Capacity
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Capacity, 2015 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Capacity, 2022 to 2032
7.3.1. 4 Pack
7.3.2. 6 Pack
7.3.3. 8 Pack
7.3.4. More than 8 Pack
7.4. Y-o-Y Growth Trend Analysis By Capacity, 2015 to 2021
7.5. Absolute $ Opportunity Analysis By Capacity, 2022 to 2032
8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2015 to 2021
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (Middle East and Africa)
8.4. Market Attractiveness Analysis, by Region
9. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Material
9.2.3. By Application
9.2.4. By Capacity
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material
9.3.3. By Application
9.3.4. By Capacity
9.4. Key Takeaways
10. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Material
10.2.3. By Application
10.2.4. By Capacity
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material
10.3.3. By Application
10.3.4. By Capacity
10.4. Key Takeaways
11. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. United Kingdom
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Material
11.2.3. By Application
11.2.4. By Capacity
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material
11.3.3. By Application
11.3.4. By Capacity
11.4. Key Takeaways
12. East Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Material
12.2.3. By Application
12.2.4. By Capacity
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material
12.3.3. By Application
12.3.4. By Capacity
12.4. Key Takeaways
13. South Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Material
13.2.3. By Application
13.2.4. By Capacity
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material
13.3.3. By Application
13.3.4. By Capacity
13.4. Key Takeaways
14. Oceania Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Material
14.2.3. By Application
14.2.4. By Capacity
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material
14.3.3. By Application
14.3.4. By Capacity
14.4. Key Takeaways
15. Middle East & Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2015 to 2021
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of Middle East and Africa
15.2.2. By Material
15.2.3. By Application
15.2.4. By Capacity
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material
15.3.3. By Application
15.3.4. By Capacity
15.4. Key Takeaways
16. Country-wise Market Analysis
16.1. USA
16.1.1. Market Share Analysis, 2022
16.1.2. By Material
16.1.3. By Application
16.1.4. By Capacity
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Material
16.2.3. By Application
16.2.4. By Capacity
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Material
16.3.3. By Application
16.3.4. By Capacity
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Material
16.4.3. By Application
16.4.4. By Capacity
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Material
16.5.3. By Application
16.5.4. By Capacity
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Material
16.6.3. By Application
16.6.4. By Capacity
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Material
16.7.3. By Application
16.7.4. By Capacity
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Material
16.8.3. By Application
16.8.4. By Capacity
16.9. United Kingdom
16.9.1. Market Share Analysis, 2022
16.9.2. By Material
16.9.3. By Application
16.9.4. By Capacity
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Material
16.10.3. By Application
16.10.4. By Capacity
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Material
16.11.3. By Application
16.11.4. By Capacity
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Material
16.12.3. By Application
16.12.4. By Capacity
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Material
16.13.3. By Application
16.13.4. By Capacity
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Material
16.14.3. By Application
16.14.4. By Capacity
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Material
16.15.3. By Application
16.15.4. By Capacity
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Smurfit Kappa Group plc
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. WestRock Company
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Graphic Packaging International, LLC
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Fishbone Packaging Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Wynalda Packaging
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Roberts PolyPro
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Berry Global Group
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Bhalla International
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. RATTPACK
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. SCHEFFAUER HOLZWAREN GESELLSCHAFT M.B.H.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Kartell
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments (Product/Channel/Region)
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. Dreamfly Packaging Co., Ltd
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments (Product/Channel/Region)
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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Multi-pack Carriers Market
