Cubitainer Market

Packaging is a very important factor for any industry as proper packaging ensures safety and prevents any damage to the product. Different types of packaging are currently being used in the industry. For liquid products, special types of packaging products or methods are required. Cubitainer is a type of packaging product, which is used for the packaging of liquid products such as fruit juices, cold drinks, and energy drinks. It is also known as bag in box type of packaging. Cubitainers are containers that are very easy for handling.

COVID-19 scenario analysis:

• The demand for cubitainer is expected to decrease in 2020 due to low demand from different industries, such as pharmaceuticals,food& beverages,and chemical,owing to the lockdown imposed by governments of many countries.
• COVID-19 crisis is likely to affect the cubitainer industry negatively as a result of halted manufacturing and massive reduction in demand for luxury and non-essential services globally.
• COVID-19 crisis had a mixed impact on the packaging industry, mainly due to closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown.
• The requirement of e-commerce specific packaging is likely to remain strong; although, the e-commerce companies would have to focus on protection of goods and sanitization of packages.
• In addition, the food packaging industry is on the frontline within the global packaging market, owing to the demand for essential products, such as groceries and fresh food, mainly from local e-retail sites.
• Industrial, transportation, and bulk packaging have faced a sharp decline, owing to decreased demand for non-essential goods during the first two quarters of 2020.
• Low disposable income of maximum population and weak demand for packaging from industrial goodsled the packaging industry to face significant pressure of reduction in both wholesale as well as retail costs.
• Consumers are likely to stay hesitant for consumption of luxury products, travel, and hospitality services.This is expected to hinder the packaging industry growth in the future after the COVID-19 crisis.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Cubitainer or bag in box is an important factor for the packaging of liquid products. It includes a plastic bag, which is usually made by using many layers of different types of plastics or by using metallized film. This plastic bag is attached to the inner part of the box. First, the plastic bag is manufactured and then supplied to the company to fill its product into that plastic bag. The tap on the plastic bag is removed and the company fills its liquid product in the bag and closes the tap again. Then the plastic bag filled with liquid is kept in the box. Chilled liquid can also be filled in these plastic bags.The cubitainer or bag in box comes in different capacities such as 1 liter, 3 liters, 10 liters, 16 liters and 20 liters. Attributed to its wide range of filling, the demand for cubitainer is expected to increase during the forecast period.

Cubitainers are widely used in various industries such as food & beverages, chemical,and pharmaceutical. They are recyclable, stackable, and lightweight. Low density polyethylene (LDPE) is the most common material used to manufacture cubitainers. It protects the liquid product from getting contaminated by bacteria, odor, gases, and moisture. The liquid can be easily filled and poured with the help of a cubitainer. The transportation of the cubitainer is not much difficult as it is light in weight and also does not acquire large space. It requires low shipping costs compared to the standard plastic pails. It is considered to be the most durable packaging solution for liquid products. It inflates when the cubitainer is filled and deflates when the cubitainer is empty. Different types of liquid products, such as vinegar, soya sauce, liquid sugar, wine, potable water, and cold drinks, can be packed with the help of a cubitainer. 

The demand for packaged liquid product is increasing in different countries across the world. Packaging of liquid products is very critical as they can easily get contaminated by moisture and bacteria. Therefore, as cubitainer prevents the contamination of the product, itcould be the key driving factor for the growth of the cubitainer market. In addition, cubitainer is used for packaging of variety of liquids; hence, many companies use cubitainer packaging. Therefore, the demand for cubitainer is expected to rise during the forecast period.

Key benefits of the report:

• This study presents the analytical depiction of the cubitainer market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cubitainer market share.
• The current market is quantitatively analyzed to highlight the cubitainer market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

 Cubitainer Market Report Highlights