Market Size of Gable Top Container Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.64 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Gable Top Container Market Analysis
The Gable Top Container Market is expected to register a CAGR of 3.64% during the forecast period. The Russia-Ukraine war has an impact on the overall packaging ecosystem. Gable top containers can be produced sustainably because they are primarily made of paperboard, which can be obtained from renewable resources. The sustainability of gable top containers is one of the major growth drivers of the market.
- The Russia-Ukraine conflict is impacting the world's timber markets, according to the WRI report published at the end of April 2022. Russia, Belarus, and Ukraine accounted for 25% of the world's lumber trade in 2021. There has been a substantial export of forest products since the war started in February 2022. This war will affect the price and the flow of raw materials used by the gable top container packaging industry.
- During the COVID-19 outbreak, the market studied faced slow growth due to lockdowns imposed by various countries that have disrupted the supply chain process and the closure of production plants in some countries to curb the effect of the virus.
- Gable top cartons can be recycled to a great extent. Gable top cartons can be recycled in 62.8% of American communities in 2021, according to Carton Service, Inc. They could only be recycled in 37% of American communities in 2011. The fact that this number has increased significantly over the past ten years suggests that it will continue to rise in the years to come, making the gable top carton an even more environmentally friendly packaging option.
- Gable top containers and cartons are ideal for sustainability because it is renewable and recyclable and less fuel is needed during transportation . Plastic jugs and carafes cannot be shipped in the same volume as cartons because of their inefficient shape. In comparison to shipping an equivalent number of plastic containers, shipping gable top containers requires fewer trips and, as a result, uses less fossil fuel.
- Paperboard packaging such as gable top container has emerged as a preferred packaging medium due to its evolution as a point-of-sale display in retail applications, coupled with continuous development in design and high-quality graphics board, which is enabling gable top containers to penetrate traditional folding carton applications.
Gable Top Container Industry Segmentation
Gable top containers were previously used mainly for milk and milk products; however, they are currently used in several packaging applications, including food and beverages, paint, and lubricants.
The Gable Top Container Market is Segmented by Shape (Conic, Cylindrical, Tetrahedral, and Other Shapes), Closure (Screw Caps, Flip Caps, and Other Closures), End-user Industry (Food and Beverages, Paints and Lubricants, Pet Food, and Other End-user Industries) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
By Shape | |
Conic | |
Cylindrical | |
Tetrahedral | |
Other Shapes |
By Closure | |
Screw Caps | |
Flip Caps | |
Other Closures |
By End-User Industry | |
Food and Beverages | |
Paints and Lubricants | |
Pet Food | |
Other End-User Industries |
By Geography | |
North America | |
Europe | |
Asia Pacific | |
Latin America | |
Middle East and Africa |
Gable Top Container Market Size Summary
The Gable Top Container Market is poised for steady growth, driven by the increasing demand for sustainable and environmentally friendly packaging solutions. These containers, primarily made from paperboard, are gaining traction due to their renewable and recyclable nature, making them a preferred choice in the packaging industry. The market is influenced by global events such as the Russia-Ukraine conflict, which has impacted timber markets and, consequently, the supply chain for raw materials used in gable top container production. The COVID-19 pandemic also posed challenges, causing supply chain disruptions and temporary slowdowns in market growth. However, the rising awareness of sustainability and the shift away from single-use plastics are propelling the adoption of gable top containers, particularly in the milk and beverage sectors.
The market landscape is characterized by competitive dynamics, with several global and regional players striving to expand their market presence through strategic collaborations and acquisitions. Companies like Elopak and Carton Service, Inc. are actively pursuing innovations and partnerships to enhance their product offerings and penetrate new markets. The increasing urban population, growth in e-commerce, and stringent regulations on packaging quality and recyclability in regions like Asia-Pacific are further fueling the demand for gable top containers. As consumer preferences shift towards convenient and sustainable packaging, the market is expected to witness continued expansion, supported by advancements in packaging technology and design.
Gable Top Container Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Shape
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2.1.1 Conic
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2.1.2 Cylindrical
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2.1.3 Tetrahedral
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2.1.4 Other Shapes
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2.2 By Closure
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2.2.1 Screw Caps
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2.2.2 Flip Caps
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2.2.3 Other Closures
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2.3 By End-User Industry
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2.3.1 Food and Beverages
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2.3.2 Paints and Lubricants
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2.3.3 Pet Food
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2.3.4 Other End-User Industries
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2.4 By Geography
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2.4.1 North America
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2.4.2 Europe
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2.4.3 Asia Pacific
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2.4.4 Latin America
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2.4.5 Middle East and Africa
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Gable Top Container Market Size FAQs
What is the current Gable Top Container Market size?
The Gable Top Container Market is projected to register a CAGR of 3.64% during the forecast period (2024-2029)
Who are the key players in Gable Top Container Market?
Tetra Pak Group, Pactiv Evergreen Inc., Carton Service, Inc., Elopak ASA and Parksons Packaging Ltd. are the major companies operating in the Gable Top Container Market.