Cubitainers are standalone containers that are flexible and easy-to-handle. Along with the significant performance, it also offers cost and environmental benefits for transport, storage and dispensing of liquids. Cubitainer is witnessing demand, on the back of factors like changing food habits, lifestyle pattern, cost-efficiency and it's environmentally friendly nature as it is reusable and recyclable. Cubitainers are majorly being manufactured using Low Density Polyethylene (LDPE), according to a report by Transparency Market Research.
Despite facing competition from polymers, LDPE is witnessing an increasing use as it is recyclable, available at low cost, and has moisture and chemical resistance. Also, cubitainers are compact when empty making it easy to transport to the remote sampling site. Collapsible cubitainers are also gaining traction in the market. As it is a liquid container that combines cardboard with the flexible plastic container and continues to lead due to a wide range of applications including food, industrial chemicals, pharmaceutical products, dairy products etc.
It is expected the global market for cubitainers to experience robust growth, expanding at 6.8 percent CAGR during 2017-2026. The global market for cubitainers is likely to reach $150.0 million revenue by 2026 end.
LDPE to Emerge as Highly Preferred Material
Compared to the High Density Polyethylene (HDPE), LDPE is likely to witness significant growth between 2017 and 2026. LDPE is projected to generate revenue of more than $100 million by 2026 end. Owing to the various advantages such as low cost, impact resistance, chemical and moisture resistance, and being readily processed by thermoplastic methods the LDPE is being used on a large scale in the manufacturing of cubitainers.
Cubitainers with 3 Liter Capacity to Witness Highest Growth
Cubitainers with 3 litres of capacity is likely to be among the most preferred cubitainers. By 2026 end, cubitainers with 3-litre capacity is projected to surpass $50 million revenue. 3 litre capacity of cubitainers is used on a large scale in various industries as they are easy to handle, ship and pour.
F&B Industry to Emerge as Largest Users of Cubitainers
Food & beverage industry is likely to emerge as one of the largest users of cubitainers. Witnessing a robust growth, food & beverage industry is likely to create an incremental opportunity of more than $20 million between 2017 and 2026. In the food & beverage industry cubitainers are largely used by alcoholic drinks and energy drinks producers. It includes packaging of shake, liquid sugar, mirin, wines, and other liquid foods & beverages.
Europe to be Largest Region in Terms of Value in Global Market
Europe is likely to be the largest region in the global market for cubitainers. The region is mainly driven by manufacturers preferring cubitainers especially for packaging various liquids. Meanwhile, North America and Asia Pacific Excluding Japan (APEJ) are also anticipated to grow significantly in the near future. China is likely to witness the highest growth, as it is the biggest exporter of cubitainer containers.
Competition Tracking
Changshun Plastic Co Ltd, Zacros America, ChangZhou HengQi Plastic Co Ltd, Changzhou Sanjie Plastic Products Co Ltd, The Cary Company, Thermo Fisher Scientific, Quality Environmental Containers, Berlin Packaging, Avantor Performance Materials Inc, and Cole-Parmer are some of the prominent players operating in the global market for cubitainers.
Article Source: Chemicaltodaymagazine.com