Global Grease Cartridges Market Size | COVID-19 Impact Analysis | Forecast to 2027
The global grease cartridges market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2021-2027). The shifting from traditional fibreboard cartridges to plastic cartridges owing to their rigid structure and longer durability is the major factor driving the growth of the global grease cartridges market. The price associated with the paperboard used for the manufacturing of f fibreboard is the main concern due to which, the manufacturers are replacing fibreboard cartridges with plastic cartridges. Plastic cartridges are climate resistant and can also reduce the leakage of grease from fibreboard cartridges during logistics and shipping. On the other hand, the adoption of plastic cartridges in the automotive and mining industries is also accelerating the sales of these products, which further boosts market growth. The automotive industry accounts for around 50-55% of the lubricants market across the globe. Hence the use of these cartridges in the automotive sector is expected to increase its demands and create lucrative opportunities for manufacturers during the forecast period.
On the other hand, consumer
preference towards plastic cartridges owing to their properties is another
factor that is expected to play a crucial role in driving the growth of the
greases cartridges market. Geographically, North America is the major region
expected to contribute a significant share in the growth of the market due to
the growing automotive sector in the region, and rising needs for lubricants.
The concern related to the stringent government regulations and lack of
unskilled workforce is the certain restraints that may hinder the market growth
during the forecast period. Besides, the developments in New-Age Lubrication
technologies by prominent market players are expected to create lucrative
opportunities in the global Grease Cartridges market.
Market
Coverage
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By
Capacity
·
By
Material Type
·
By
Closure Type
Regions
Covered-
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- Long Thames Enterprise Co., Ltd, Schieferdecker GmbH Co. KG, Sonoco
Products Co., Bev-Cap Pty. Ltd., Andpak Inc., Biederman, Fischbach KG, MBP
Manufacture Bourguignonne de Plastique, Plastic Tooling Manufacturing Pty.
Ltd., TUBI System AB, Sonoco Products Co., among others.
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Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Deviation
from the pre-COVID-19 forecast
Ø
Most
affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global Grease
Cartridges Market Report Segment
·
3 oz
grease cartridges
·
14 oz
grease cartridges
·
14.1 oz
grease cartridges
·
14.5 oz
grease cartridges
By Material
Type
·
Fibreboard
·
Plasticboard
By Closure
Type
·
Pull-off
Cap
·
Flat
Cap
·
Piston
Cap
·
Spouted
Cap
Global Grease Cartridges Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
Andpak
Inc.
·
Berlin
Packaging L.L.C.
·
Bev-Cap
Pty. Ltd.
·
Biederman
·
EurokartuscheneK
·
Fischbach
KG
·
Long
Thames Enterprise Co., Ltd.
·
MBP
Manufacture Bourguignonne de Plastique
·
Plastic
Tooling Manufacturing Pty. Ltd.
·
Sonoco
Products Co.
·
Schieferdecker
GmbH Co. KG
·
TUBI
System AB
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