Jaycubes – Market Overview

In today’s scenario, the packaging is considered to be a necessity of the world and that’s why always innovation is done in the packaging industry and produce a product like jaycubes. Jaycubes are no longer used only for the purpose of protecting the liquid from the damage, but it has some special quality such as durability, lightweight and crack resistance. Jaycubes are similar to the rectangular bottle which is made from High Density Polyethylene (HDPE). Jaycubes is particularly used for the packaging of liquids such as chemicals, detergents etc. and powders, it protects the contamination of gases and improves the shelf-life of the product that are packed in jaycubes. Excellent chemical resistance to most acids and alcohols makes this container the first choice of the user and rectangular shape makes it easy to fit in the freezer for storage. It saves the transportation cost because it is compact packable, and therefore no space is wasted, which is similar to the square bottom bottle. Due to the several advantages mentioned above the jaycubes market is expected to grow at a healthy CAGR in near future. 

Jaycubes – Market Dynamics

There are some factors which contribute to the growth of the jaycubes market, tamper evident neck is one of them. Tamper evident neck provides the facility of easy pouring of liquids and powders without waste, it may be the reason for gaining the popularity and drive the market positively. In addition to that, increasing demand for agrochemicals may be the point of concern for the growth of the jaycubes market. High demand by the chemical and pharmaceutical industry drives the jaycubes market positively. Jaycubes save the storage space as it provides compact packaging, so it is able to reduce the transportation cost. It is also a considerable factor which plays a key role in the stagnant growth of the jaycubes market. There are several alternative solutions available in the market for the packaging of liquids and powders, so it may affect the sluggish growth of the jaycubes market.

Jaycubes – Market Segmentation

Jaycubes market can be segmented on the basis of material type, by capacity, by end use industry, and by neck finish type.

On the basis of material type, the jaycubes market is segmented into -

  • HDPE
  • Others

On the basis of capacity, the jaycubes market is segmented into -

  • 250 ml
  • 500 ml
  • 750 ml
  • 1000 ml
  • 2000 ml
  • Above 2000 ml

On the basis of end use industry, the jaycubes market is segmented into -

  • Chemical
  • Pharmaceutical
  • Others

On the basis of neck finish, the jaycubes market is segmented into –

  • CT
  • TE
  • CRC

Jaycubes Market – Regional outlook

Jaycubes Market has been segmented on the basis of the region into North America, Latin America, Asia Pacific, Europe and the Middle East. Among these regions, North America and Asia Pacific are expected to witness a high growth for jaycubes market. In the Asia Pacific, China is expected to be the largest market for jaycubes because of the increasing demand of the jaycubes by chemical and pharmaceutical industry. Above average growth is expected in the Middle East and Africa for jaycubes market over the forecast period 2017-2025. Asia Pacific and North America have the largest regional market for jaycubes for packaging, owing to high demand liquid packaging. The Middle East and Central and South America are expected to observe considerable growth rates in near future for jaycubes in packaging market. Alternatively, many jaycubes suppliers and competitor companies are investing in North America to tap the growing demand and potential.

Jaycubes Market – Key players

Few of the key players identified across the globe in the jaycubes market are as follows - Weener Empire Plastics Pvt. Ltd., Berry Global Group Inc., Alpha Packaging, CJK Packaging Limited, Cambrian Packaging, Dormex Containers Ltd., Alpha Polymers Teck Private Limited etc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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