Cubitainers Market expanding at 6.8% CAGR during 2017-2026. The global market for cubitainers is likely to reach US$ 150.0 million revenue by 2026 end.
Albany, NY -- (SBWIRE) -- 02/01/2018 -- Global Cubitainers Market- Overview
Cubitainer is the highly preferred packaging solution for liquid products. Plastic cubitainers are being used on a large scale across the globe due to its lightweight and 100% recyclable quality. Cubitainers protect the product from gases, odor, bacteria and moisture. The market for cubitainers is anticipated to witness growth in the coming years. Its eco-friendly nature and reusability are also contributing towards the market growth.
With the industrial revolution, manufacturers are focusing on including smart manufacturing processes, artificial intelligence, robotics, and internet of Things (IoT). Changing lifestyle and food habits is resulting in the increasing use of packed liquid foods, thereby driving the demand for cubitainers. There have been a number of regulatory programs introduced globally to reduce use and disposal of various packaging materials. Hence, research is being conducted by leading players to use eco-friendly packaging material.
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Global Cubitainers Market- Research Methodology
The report on the global cubitainers market includes an overview of the market, analyzes global market trends, and includes key market segments. The report also covers strategies employed by the leading market players. It also offers profiles of the leading players in the market. The report also provides current market scenario and growth prospects of the global market along with the market size, revenue generated, CAGR, year-on-year growth, etc. The report has been prepared on the basis of in-depth market research. Both primary and secondary research was conducted to offer key insights on the market. Primary research included important inputs from industry experts. While the secondary research included data from annual and financial reports and investors presentation.
The report comprises of qualitative and quantitative data based on the micro and macro-economic factors. The report also provides details on the market dynamics including major trends, market drivers, opportunities in the market and factors hampering market growth. Porter's five force analysis and SWOT analysis was also done to provide in-depth information on the market. Market attractiveness analysis was also done to help in identifying opportunities and make investments accordingly. Absolute dollar opportunity is also given in the report as it is considered to be an important factor identifying market growth.
The report also includes a discussion on the leading players in the market. In order to provide a clear picture of the leading companies, the report offers company overview, financial overview, latest developments, key strategies including both long-term and short-term, and product portfolio. The report also comprises information on various regulations, advancements in technology, and new techniques adopted by the leading players in the global cubitainers market.
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Global Cubitainers Market- Segmentation
The global cubitainers market is segmented on the basis of material type, capacity type, end users, and region. By material type, the market segment includes Low Density Polyethylene (LDPE) and High Density Polyethylene (HDPE). On the basis of capacity, the segmentation includes 1 liter, 3 liter, 10 liters, 16 liters, and 20 liters. By end users, the market is segmented into food & beverage industry, chemical industry and pharmaceutical industry.
The global market for cubitainers segmented on the basis of region includes Europe, Japan, Asia Pacific Excluding Japan (APEJ), North America, the Middle East and Africa (MEA), and Latin America.
Global Cubitainers Market- Leading Companies
The report also comprises details on the leading market players in the global cubitainers market such as Zacros America, Changshun Plastic Co. Ltd, ChangZhou HengQi Plastic Co. Ltd, The Cary Company, Changzhou Sanjie Plastic Products Co., Ltd, Thermo Fisher Scientific, Avantor Performance Materials, Inc., Quality Environmental Containers, Cole-Parmer, and Berlin Packaging.
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