Global cubitainers market is expected to grow at a compound annual growth rate of XX% over the period 2019 to 2024 to reach a market size of US$XX billion by 2024 from US$XX billion in 2018. Simultaneously, the estimated volume of cubitainers is expected to increase from XX metric tonnes in 2018 to XX metric tonnes in 2024. Cubitainers are plastic made bladders or semi rigid cubes which are used for packaging, storing and transporting of liquid products. It protects the liquid product from gases and bacteria and prevents contamination. Growing demand from chemical and pharmaceutical industry owing to the safe and anti-contamination property of cubitainer is a key factor expected to drive the market. Further, increasing preference for eco-friendly packaging is also anticipated to boost the market growth for cubitainers. Additionally, the rising food & beverage industry is also expected to fuel the market growth during the forecast period. Key industries driving the market for cubitainers are pharmaceuticals, chemicals and food & beverage.
Rising demand from chemical industry.
Growing food and beverage industry.
Eco-friendly and safe packaging.
Strict government regulations regarding use of plastic.
The major players profiled in the cubitainers market include Zacros America Inc., Berlin Packaging, Wilhelmsen group, The Cary Company, Thermo Fisher Scientific Inc., Cole-Parmer Instrument Company, LLC., VWR International LLC, Quality Environmental Containers Inc., Changshun Plastic Co. Ltd., ChangZhou HengQi Plastics Co. Ltd.,
The cubitainers market has been analyzed through the following segments:
By Material Type
High Density Polyethylene
Low Density Polyethylene
Food & Beverage
Middle East and Africa