Global Jug Shipper Market, By Capacity (1 Jug, 2 Jug, 4 Jug), End-User (Food and Beverage, Chemicals, Pharmaceutical, Agriculture) - Industry Trends and Forecast to 2030.
Jug Shipper Market Analysis and Size
The essential factors contributing to the growth of the global jug shipper market in the forecast period of 2023 to 2030 include the surging number of trade activities. Also, the increasing awareness about the benefits associated with jug shipper is significantly contributing to the market’s growth.
Data Bridge Market Research analyses that the global jug shipper market which was USD 7,256.05 million in 2022, is expected to reach USD 11,865.16 million by 2030, growing at a CAGR of 6.34% during the forecast period of 2023 to 2030. In 2023, food and beverage segment will dominate the market due to the rise in awareness about their insulating and shock absorption technologies. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Jug Shipper Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Capacity (1 Jug, 2 Jug, 4 Jug), End-User (Food and Beverage, Chemicals, Pharmaceutical, Agriculture)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Atlas Roofing Corporation (U.S.), BIG VALLEY PACKAGING (U.S.), Berlin Packaging (U.S.), Uline (U.S.), Air Sea Containers Inc. (U.S.), Davis Core & PA (U.S.), IPS Packaging & Automation (U.S.), Takemoto Yohki Co., Ltd. (Japan), BASCO Inc. (U.S.), DS Smith (U.K.), and Saxon Packaging (U.K.), among others
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Market Opportunities
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Market Definition
A jug shipper is a container that holds jugs in secondary packing. For compact packaging, a complete jug shipper contains completed cartons, foam inserts, and end caps. These are utilized to package jugs containing both hazardous and non-hazardous liquids.
Global Jug Shipper Market Dynamics
Drivers
- The Surging Number of Trade Activities
Growing trade activities necessitate efficient and secure packaging solutions. Jug shippers provide a robust and protective packaging option for transporting liquids, chemicals, and other goods, ensuring safe delivery to international destinations. The diversity of products being traded often requires customized packaging solutions. Jug shippers can be tailored to specific size, material, and labelling requirements, catering to the unique needs of various industries
- Rising Investment in Protective Packaging Solution for Hazardous and Temperature Sensitive Liquid
With the chemical industry expanding globally, the need for secure and specialized packaging for hazardous liquids is on the rise. 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. Jug shippers made from recyclable materials or designed for reuse can attract businesses looking to align with sustainability goals
Opportunity
- Significant Growth in E-Commerce Industry
E-commerce businesses often deal with a wide range of products, including liquids such as beverages, cleaning agents, and personal care products. Jug shippers provide a secure and leak-resistant packaging solution, catering to the needs of e-commerce companies looking to expand their product offerings. The e-commerce sector encompasses various industries, from food and beverages to chemicals and cosmetics. This diversity of products creates a demand for customizable jug shippers that can accommodate different sizes, materials, and labeling requirements. E-commerce companies are increasingly targeting international markets. Jug shippers are well-suited for shipping liquids across borders, meeting the safety and packaging standards required for global trade
Restraint/Challenge
- Presence of Alternatives at Low Cost
Low-cost alternatives, such as plastic bags or basic cardboard packaging, can put downward pressure on the prices of jug shippers. This can impact the profit margins of jug shipper manufacturers, making it difficult to maintain competitive pricing. Buyers, especially cost-conscious businesses, may opt for cheaper alternatives if they perceive minimal differences in the protection or branding provided by jug shippers. This can hinder the market's ability to capture higher-margin sales. The availability of a wide range of alternative packaging options can fragment the market, leading to reduced market share for jug shippers. Different businesses may prefer different packaging materials and styles based on their cost considerations
- Fluctuations in the Prices of Raw Materials
Jug shippers are typically made from materials such as plastic, cardboard, or other polymers. Fluctuations in the prices of these raw materials, driven by factors such as oil prices, supply chain disruptions, or geopolitical events, can lead to unpredictable and increased production costs for jug shippers. Manufacturers may find it challenging to maintain consistent profit margins when the cost of raw materials spikes unexpectedly. This can limit their ability to offer competitive pricing or invest in research and development for innovative jug shipper designs
Recent Development
- In 2020, Bausch+Lomb had launched -2.75 cylinder for Biotrue ONE Day for Astigmatism daily disposable Jug Shipper
- In 2020, Menicon had announced the opening of the Menicon Future Device Research Laboratory in Japan
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Jug Shipper Market Scope
The global jug shipper market is segmented on the basis of capacity and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Capacity
- 1 Jug
- 2 Jug
- 4 Jug
End-User
- Food and Beverage
- Chemicals
- Pharmaceutical
- Agriculture
Global Jug Shipper Market Regional Analysis/Insights
Global Jug Shipper market is analysed and market size insights and trends are provided by capacity and end-user as referenced above.
The countries covered in the global jug shipper market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa
North America dominates the jug shipper market due to the surging number of trade activities in this region. North America region leads the jug shipper market because of the growing popularity of daily disposable income.
Asia-Pacific is expected to grow during the forecast period of 2023 to 2030 due to rising investment in protective packaging solution for hazardous and temperature sensitive liquid. In addition, the pharmaceutical industry relies on temperature-sensitive liquid products like vaccines and biologics also contributing in the market growth.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Jug Shipper Market Share Analysis
The jug shipper market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to global jug shipper market.
Some of the major players operating in the global jug shipper market are:
- Atlas Roofing Corporation (U.S.)
- BIG VALLEY PACKAGING (U.S.)
- Berlin Packaging (U.S.)
- Uline (U.S.)
- Air Sea Containers Inc. (U.S.)
- Davis Core & PA (U.S.)
- IPS Packaging & Automation (U.S.)
- Takemoto Yohki Co., Ltd. (Japan)
- BASCO Inc. (U.S.)
- DS Smith (U.K.)
- Saxon Packaging (U.K.)
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