According to the market analysis report titled ‘Global Cubitainers Market Size study, by Capacity (1 Liter, 3 Liter, 10 Liters, 16 Liters, 20 Liters) by Material (Low Density Polyethylene [LDPE], Linear Low-Density Polyethylene [LLDPE], High Density Polyethylene [HDPE]) by End Use Industries (Food & Beverages, Pharmaceuticals, Chemicals, Other Industrial Goods) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global cubitainers market is expected to witness considerable growth by the year 2028.

The growing food and beverages sector and rising demand for flexible packaging solutions are some of the key factors augmenting the growth of global cubitainers market.

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For the uninitiated, cubitainers are stiff packaging alternatives that are usually made from plastic. They are convenient for the shipment and storage of beverages and liquid chemicals. Apart from this, the increasing online food delivery platforms in emerging economies and rising per capita income will add traction to the overall market size.

However, strict regulations over plastic consumption and the detrimental effects of pandemic restrictions on several end-user verticals are likely to slow the market expansion in the ensuing years.

Based on the capacity type, the market is divided into 20 liters, 16 liters, 10 liters, 3 liters, and 1 liter. Moving on to the material type, global cubitainers industry is fragmented into high-density polyethylene, linear low-density polyethylene, and low-density polyethylene.

In terms of end-user industries, the market is segregated into chemicals, pharmaceuticals, food & beverages, and other industrial goods.

From the geographical point of view, North America is expected to hold the largest market share over the analysis period, owing to the rising presence of leading players and the growing chemicals sector.

Whereas Asia-Pacific cubitainers market share is projected to register the highest growth rate over the forecast period, primarily ascribed to the rising online food services sector and increasing penetration of leading companies.

Quality Environmental Containers Inc., Thermo Fisher Scientific Inc., The Koizumi Jute Mills Ltd., RPC Promens Pvt Ltd., Changzhou Sanjie Plastic Products Co. Ltd., The Cary Company, ChangZhou HengQi Plastics Co. Ltd., Zacros America Inc., Fujimori KOGYO Co. Ltd., and Changshun Plastic Co. Ltd. are the major market participants operating in global cubitainers industry.