Market Overview:
The global multi pack carriers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and sustainable packaging solutions across various industries. Multi pack carriers are used for packing multiple products in a single unit, which helps reduce packaging costs and waste. These carriers are made from paper, plastic or other materials, depending on the application. The global multi pack carrier market is segmented by type into paper & paperboard, plastic and other types. The plastic segment is expected to grow at the highest CAGR during the forecast period due to its properties such as durability, resistance to moisture and high strength-to-weight ratio.
Product Definition:
Multi Pack Carriers are carriers that allow the transport of more than one item at a time. They can be found in a variety of shapes and sizes, but all serve the same basic purpose: to make it easier to move multiple items at once. Multi pack carriers are often used by businesses to move products from one place to another, but they can also be used for personal purposes, such as moving boxes or furniture.
Paper & Paperboard:
Paper & paperboard are the two main raw materials used for manufacturing multi-pack carriers. The growth factor in this industry is primarily driven by increasing demand from packaging solutions providers such as Tetra Pak and flexible packaging manufacturers. Paper & paperboard have a wide range of applications in food, consumer goods, and pharmaceutical industries owing to its properties such as recyclability, lightweight and biodegradability which makes it an ideal raw material for packaging solutions providers.
Plastic:
Plastic is a widely used material for manufacturing multi-pack carriers. It can be single or multiple pack, thin wall or thick wall plastic, transparent plastic and opaque plastic. Plastic is available in various forms such as films, sheets & laminates and rigid plastics among others.
Application Insights:
The market is segmented by application into alcoholic beverages, non-alcoholic beverages, and others. The other applications include tobacco products, dietary supplements, pharmaceuticals and confectionery products. The demand for multi pack carriers in these applications is expected to witness growth owing to the increasing use of nutritional supplements by athletes and fitness enthusiasts.
Non-alcoholic beverage application dominated the overall industry with a revenue share of over 40% in 2017 due to high consumption of packaged drinking water across various regions such as North America and Europe. Moreover, growing health awareness among consumers has resulted in increased consumption of functional foods that offer nutritional benefits along with reduced calorie drinks such as juices & soft drinks which are manufactured using natural ingredients thereby driving the demand for multi pack carriers used for packaging juice & soft drinks over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing per capita income, changing lifestyles, and rising demand for convenience food. Factors such as these are projected to drive demand in this region over the forecast period.
The Asia Pacific was followed by Europe that accounted for a revenue share of 22% in 2017 owing to high consumption of alcohol and tobacco products in this region. North America also held a significant share due to high consumption of beer and wine among other alcoholic beverages on account of higher disposable income levels coupled with changing lifestyle trends among consumers aged between 25 and 44 years old group across U.S.
Growth Factors:
- Increasing demand for convenience and on-the-go lifestyle: The multi pack carriers market is witnessing an increase in demand for convenience and on-the-go lifestyle. This is driving the manufacturers to come up with innovative designs and products that can cater to the needs of the consumers.
- Rising disposable income of the consumers: The increasing disposable income of the consumers is fueling their spending on discretionary items such as multi pack carriers, thereby propelling the growth of this market.
- Proliferation of online retailing: The proliferation of online retailing is providing a boost to the sales of multi pack carriers, as it offers a convenient shopping experience to the consumers. This is resulting in an increase in adoption rate of these carriers among buyers across different regions worldwide.
- Growing trend towards healthy eating habits: There is a growing trend among people towards adopting healthy eating habits, which is benefiting the growth prospects of this market as multi pack carriers are being used for packing food items such as fruits and vegetables that are considered healthy options by many people worldwide . 5) Technological advancements: Continuous technological advancements are helping manufacturers introduce new designs and features in their products, thereby attracting more customers towards usingmulti pack carrier products
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi Pack Carriers Market Research Report
By Type
Paper & Paperboard, Plastic, Other
By Application
Alcoholic Beverages, Non-Alcoholic Beverages
By Companies
Smurfit Kappa Group, WestRock Company, Graphic Packaging International, Fishbone Packaging, British Polythene, ProMach, Wynalda Packaging, Roberts PolyPro, Smurfit Kappa Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Multi Pack Carriers Market Report Segments:
The global Multi Pack Carriers market is segmented on the basis of:
Types
Paper & Paperboard, Plastic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Alcoholic Beverages, Non-Alcoholic Beverages
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smurfit Kappa Group
- WestRock Company
- Graphic Packaging International
- Fishbone Packaging
- British Polythene
- ProMach
- Wynalda Packaging
- Roberts PolyPro
- Smurfit Kappa Group
Highlights of The Multi Pack Carriers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paper & Paperboard
- Plastic
- Other
- By Application:
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Multi Pack Carriers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Multi Pack Carriers is a type of carrier that can hold multiple items.
Some of the major players in the multi pack carriers market are Smurfit Kappa Group, WestRock Company, Graphic Packaging International, Fishbone Packaging, British Polythene, ProMach, Wynalda Packaging, Roberts PolyPro, Smurfit Kappa Group.
The multi pack carriers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi Pack Carriers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Multi Pack Carriers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi Pack Carriers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Multi Pack Carriers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Multi Pack Carriers Market Size & Forecast, 2018-2028
4.5.1 Multi Pack Carriers Market Size and Y-o-Y Growth
4.5.2 Multi Pack Carriers Market Absolute $ Opportunity
Chapter 5 Global Multi Pack Carriers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Multi Pack Carriers Market Size Forecast by Type
5.2.1 Paper & Paperboard
5.2.2 Plastic
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multi Pack Carriers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Multi Pack Carriers Market Size Forecast by Applications
6.2.1 Alcoholic Beverages
6.2.2 Non-Alcoholic Beverages
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi Pack Carriers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multi Pack Carriers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Multi Pack Carriers Analysis and Forecast
9.1 Introduction
9.2 North America Multi Pack Carriers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Multi Pack Carriers Market Size Forecast by Type
9.6.1 Paper & Paperboard
9.6.2 Plastic
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Multi Pack Carriers Market Size Forecast by Applications
9.10.1 Alcoholic Beverages
9.10.2 Non-Alcoholic Beverages
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Multi Pack Carriers Analysis and Forecast
10.1 Introduction
10.2 Europe Multi Pack Carriers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Multi Pack Carriers Market Size Forecast by Type
10.6.1 Paper & Paperboard
10.6.2 Plastic
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Multi Pack Carriers Market Size Forecast by Applications
10.10.1 Alcoholic Beverages
10.10.2 Non-Alcoholic Beverages
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Multi Pack Carriers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multi Pack Carriers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Multi Pack Carriers Market Size Forecast by Type
11.6.1 Paper & Paperboard
11.6.2 Plastic
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Multi Pack Carriers Market Size Forecast by Applications
11.10.1 Alcoholic Beverages
11.10.2 Non-Alcoholic Beverages
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Multi Pack Carriers Analysis and Forecast
12.1 Introduction
12.2 Latin America Multi Pack Carriers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Multi Pack Carriers Market Size Forecast by Type
12.6.1 Paper & Paperboard
12.6.2 Plastic
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Multi Pack Carriers Market Size Forecast by Applications
12.10.1 Alcoholic Beverages
12.10.2 Non-Alcoholic Beverages
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Multi Pack Carriers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multi Pack Carriers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Multi Pack Carriers Market Size Forecast by Type
13.6.1 Paper & Paperboard
13.6.2 Plastic
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Multi Pack Carriers Market Size Forecast by Applications
13.10.1 Alcoholic Beverages
13.10.2 Non-Alcoholic Beverages
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multi Pack Carriers Market: Competitive Dashboard
14.2 Global Multi Pack Carriers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smurfit Kappa Group
14.3.2 WestRock Company
14.3.3 Graphic Packaging International
14.3.4 Fishbone Packaging
14.3.5 British Polythene
14.3.6 ProMach
14.3.7 Wynalda Packaging
14.3.8 Roberts PolyPro
14.3.9 Smurfit Kappa Group
