全球水罐托運市場 - 2023-2030
Global Jug Shipper Market - 2023-2030
Global Jug Shipper Market reached US$ 6.58 billion in 2022 and is expected to reach US$ 10.15 billion by 2030, growing with a CAGR of 5.58% during the forecast period 2023-2030.
The shift in consumer choices and preferences towards ready-to-use packaged products helps in the greater need for the implementation of effective packaging and transportation of the products to the end-user. Jug shippers are used for ensuring safe and convenient transport and storing of large jugs or containers that contain different products.
With the increasing need for better transportation options, certain manufacturers take better shipping techniques such as jug shippers into consideration. Assembled cartons, foam inserts, and end caps for compact packaging are packed in a complete jug shipper. Jug shippers are for the safe packaging, storage and transportation of jugs that contain hazardous as well as non-hazardous liquids.
The technological advancements taking place in the production of innovative and better jug shippers along with the advanced tracking and monitoring techniques applied for the jug shippers use positively drive market growth. Further, collaborations and partnerships take place among the global jug shippers producers and users for the extreme utilisation of the products to drive market expansion.
With the increasing need for various packaged goods around the world, the trade of certain products is taking place in a greater way. The packaged liquids and hazardous products can be subjected to different weather and temperature conditions during the shipment. To avoid spoilage and deterioration of various temperature-sensitive liquid products during shipping and transportation, there is a greater need for jug shippers.
The rise in trade activities of multiple industries across the globe increased the demand for jug shippers for packaging and shipping of various products. The companies operating in the global jug shipper market are innovating packaging solutions to cater to the demand rising from end-use industries and are focusing on new products with better insulating and shock absorption properties.
With the global expansion of the food and chemical industry globally, the need for secure and specialized packaging for delicate food and beverage products and at the same time for hazardous liquids has increased a lot. Jug shippers provide a reliable and robust solution for shipping chemicals safely. The pharmaceutical industry relies on temperature-sensitive liquid products such as vaccines and biologics.
Investments in protective packaging solutions that maintain the required temperature range during shipping create opportunities for jug shippers tailored to pharmaceutical logistics. Investments in sustainable and eco-friendly packaging solutions are on the rise. The increasing demand for customized and environmentally friendly jug shippers creates the scope for the development of eco-friendly packaging systems and jug shippers.
Jug shippers made from recyclable materials or designed for reuse can attract businesses looking to align with sustainability goals. The research and developmental activities taking place in the production of innovative and sustainable products including those that help in easy and better storage and transportation of the products boost the market expansion.
The jug shippers market is restrained majorly by its high-cost nature. The raw materials used for the production of jug shippers include plastic, corrugated cardboard and other materials. The price fluctuations of this raw material can directly impact the production costs of the jug shippers. The slight change in the raw material prices may impose a critical incraese in the manufacturing costs of the market.
Small-scale manufacturers of various industries including food, beverage, pharmaceutical and others may find it difficult to approach these high-cost jug shippers are may opt for other alternatives. Low-price alternatives present in the market including plastic bags or basic cardboard packaging may grab end-user attention, hindering the market growth. In addition, the limitations of the jog shippers such as weight-carrying capacity and heavy container shipment problems may also slow the market growth rate.
The global jug shipper market is segmented based on capacity, material, end-user and region.
The global jug shipper market is segmented based on end-user into food and beverage, chemicals, pharmaceutical, agriculture and others. The food and beverage segment accounted for the largest share of the global market due to the high need for safe and efficient packaging for food and beverage products globally. With the increasing demand for packaged food and beverage products, there is an increased demand for better shipping and transportation of the product to the end-user.
Juice, wine and products that are packed in jug packages are in greater need of better shipping procedure techniques to maintain safety and quality product reach to the consumer. The increasing product developments in the area of providing better support for food and beverage protection during shipment increase the segment growth.
North America dominated the global jug shipper market. The region has well-established industries in various sectors including food & beverage, medical and agriculture categories. Manufacturers of such industries deal with a wide range of products that need safe and efficient packaging systems for their reach towards the end-user.
High funds raised by the manufacturers toward the effective shipping and transportation of the product help in the high implementation of the jug shipper use at the industrial and retail levels. The increasing focus on the development of sustainable and effective packaging practices at the regional level and expanding e-commerce platform role in the distribution practices also contribute to better market expansion in this region.
The major global players in the market include: Atlas Roofing Corporation, IGH Holdings, Inc., BOX Partners LLC, EBKContainers, Air Sea Containers, Inc., Bajrang Plastic, Landaal Packaging Systems, Packaging Corporation of America (PCA), International Paper and Western Container Corporation.
The COVID-19 pandemic had a moderate impact on the global jug shipper market. The sudden lockdown conditions interrupted various industrial processes from manufacturing to shipment of the products to the end-users. The strict lockdown conditions and restrictions implemented by the government organisations caused several challenges for the transportation of the various products into the market.
The high demand for packaged food products during the pandemic increased the need for better storage and shipment facilities in the transportation of products from different categories including food, beverages, medicine and agricultural products. The demand for such products increased the use and development of innovative jug shippers in the pandemic era to meet the growing demand of high packaged goods.
The war with Russia-Ukraine had a bad impact on every possible industry sector, including the packaging sector too. The disruption in the global trade of various goods and services impacted the packed and shipping materials negatively. The interrupted global transitions of the products have increased the prices of packaging materials affecting the market negatively due to rejection from price-sensitive end-users.
The global jug shipper market report would provide approximately 62 tables, 55 figures and 236 Pages.
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