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Lubricant Packaging Market: Bag-in-box and Stand-up Pouches Packaging Type Segments Expected to Witness Very High Growth in North America and Europe During the Forecast Period: Global Industry Analysis & Opportunity Assessment 2017-2025

Lubricant Packaging Market: Bag-in-box and Stand-up Pouches Packaging Type Segments Expected to Witness Very High Growth in North America and Europe During the Forecast Period: Global Industry Analysis & Opportunity Assessment 2017-2025

Global sales of lubricant packaging is estimated to be valued at nearly US$ 6,200 Mn in 2017 and is expected to reach nearly US$ 8,800 Mn by the end of 2025, exhibiting a CAGR of 4.5% over the forecast period. The global sales revenue of the lubricant packaging market is expected to grow 1.4X over the forecast period. Several factors are responsible for this growth. A few of them are outlined below.

Increasing need for lubricants for after sales services in the automobile industry

The changing demography and rising per capita income has fuelled the demand for luxury cars in emerging economies across the world, which is estimated to increase the sales of passenger vehicles, especially SUV cars. The automotive sector accounts for a share of 54% in the total lubricants market across the globe. Increasing automobile production boosts the need for lubricants on a large scale. Consumption of lubricants in either solid, semi-liquid, or liquid form is directly linked to demand from the automobile industry. This boosts the sales of packaging products such as pails and intermediate bulk containers to store lubricants including engine oil, process oil, gear oil, and grease, which are used for the production and daily operation of automobiles.

Rising automotive sales in BRICS countries creating demand for lubricants

With a nominal GDP of US$ 16.6 trillion, BRICS countries are emerging economies wherein the market for lubricants is tremendously expanding, accounting for a share of 52.2% in 2016. Increasing disposable income in BRICS nations is correlated to rising automotive sales and this ongoing trend is anticipated to positively impact the demand for lubricants and thus its packaging. China alone accounts for almost 20% of the total vehicle production, while the rest of the BRICs nations account for approximately 20% of the total global market share of vehicles production.

Shrinking supply margins of lubricant manufacturers may hamper the lubricant packaging market

Increasing competition in the field of lubricant packaging due to various factors such as rising raw material costs and marketing expenditures are leading to declining margins of manufacturers, thus impacting sales. In developed countries, the market for automotive lubricants is developing at a slower rate of 1% per annum due to improved engine technology (which decreases the usage of lubricants on a large scale), better oil quality, and saturation in vehicle population. The increasing drain life for automobiles is also creating a negative impact on the market for lubricants. The after sales services of vehicles have witnessed a significant drop in recent years, which eventually challenges the lubricant packaging market.

Global Lubricant Packaging Market Analysis by Packaging Type

In terms of value, the drums segment is estimated to account for 26.3% share of the global lubricant packaging market by the end of 2017. The cans segment is expected to dominate the global lubricant packaging market, with an increase of 80 BPS and having the highest growth over the forecast period. Market share of the pails segment is estimated to be around 11.6% in 2017 and is expected to reach 11.9% by the end of 2025. In terms of revenue, the drums and IBC segments are projected to create an incremental opportunity of US$ 515.5 Mn and US$ 609.3 Mn respectively during the forecast period. In terms of value, the bag-in-box segment is anticipated to register a high growth rate of 5.5% during the forecast period.

Lubricant packaging companies shifting from rigid to flexible packaging formats

A few companies are approaching the new concept of flexible packaging that requires comparatively less plastic usage than traditional rigid packaging, thereby achieving efficiency and innovation in both inbound as well as outbound logistics. South Atlantic Services and Star Packaging Corp have come up with innovative lubricant packaging solutions that incur limited transportation costs. This strategy has been gaining prominence and can be utilised by other lubricant packaging manufacturers. For instance, in December 2016, Martin Operating Partnership launched the CK-4/FA-4 product line-up. In 2014, Time Technoplast was accorded the ‘Best Innovative Technology Supplier’ award by TATA Motors.

Increasing consumption of lubricants by the automotive sector boosting the lubricant packaging market

In recent years the lubricant packaging market has witnessed an impressive growth due to the increasing consumption of lubricants for automobiles across the globe. The lubricant packaging market has seen steady growth in the North America and European markets, while Asia Pacific is expected to show substantial growth over the forecast period and witness 1.6X growth by value majorly driven by rising per capita disposable income and increasing automotive sales in the region. Lubricant oils and chemicals are packed in rigid containers. However, innovation from manufacturers has caused a shift to the alternative medium of bag-in-boxes, which is considered to be the most attractive packaging segment. On the basis of lubricant type, engine oil is expected to dominate the global lubricant packaging market over the forecast period.


1. Global Lubricant Packaging Market - Executive Summary
2. Research Methodology
3. Assumptions and Acronyms Used
4. Global Lubricant Packaging Market Overview
4.1. Introduction
4.1.1. Global Lubricant Packaging Market Taxonomy
4.1.2. Global Lubricant Packaging Market Definition
4.2. Global Lubricant Packaging Market Size and Forecast
4.2.1. Global Lubricant Packaging Market Y-o-Y Growth
4.2.2. Global Lubricant Packaging Market Size
4.3. Global Lubricant Packaging Market Overview
4.3.1. Value Chain
4.3.2. Profitability Margins
4.3.3. List of Active Participants
4.3.3.1. Raw Material Suppliers
4.3.3.2. Manufacturers
4.3.3.3. Distributors
4.4. Global Lubricant Packaging Market Dynamics
4.4.1. Drivers
4.4.2. Restraints
4.4.3. Market Trends
4.4.4. Opportunities
5. Global Lubricant Packaging Market Analysis and Forecast, By Packaging Type
5.1. Introduction
5.1.1. Market Share and BPS Analysis, By Packaging Type
5.1.2. Y-o-Y Growth Projections, By Packaging Type
5.2. Market Size (US$ Mn) and Volume (Units) Forecast, By Packaging Type
5.2.1. Stand up pouches
5.2.2. Bottles
5.2.3. Drums
5.2.4. Pails
5.2.5. Cans
5.2.6. Tubes
5.2.7. Kegs
5.2.8. Bag-in-box
5.2.9. Intermediate Bulk Containers
5.3. Market Attractiveness Analysis, By Packaging Type
5.4. Prominent Trends
6. Global Lubricant Packaging Market Analysis and Forecast, By Lubricant Type
6.1. Introduction
6.1.1. Market Share and BPS Analysis, By Lubricant Type
6.1.2. Y-o-Y Growth Projections, By Lubricant Type
6.2. Market Size (US$ Mn) and Volume (Units)Forecast, By Lubricant Type
6.2.1. Engine Oils
6.2.2. Transmission & Hydraulic Fluids
6.2.3. Process Oils
6.2.4. Metalworking Fluids
6.2.5. General Industrial Oils
6.2.6. Gear Oils
6.2.7. Greases
6.3. Market Attractiveness Analysis, By Lubricant Type
6.4. Prominent Trends
7. Global Lubricant Packaging Market Analysis and Forecast, By Material Type
7.1. Introduction
7.1.1. Market Share and BPS Analysis, By Material Type
7.1.2. Y-o-Y Growth Projections, By Material Type
7.2. Market Size (US$ Mn) and Volume (Tons) Forecast, By Material Type
7.2.1. Metal
7.2.1.1. Steel
7.2.1.2. Tin
7.2.2. Plastic
7.2.2.1. Polyethylene
7.2.2.1.1. LDPE
7.2.2.1.2. HDPE
7.2.2.2. Metalized polyethylene terephthalate (MET-PET)
7.2.2.3. Polyvinyl Chloride (PVC)
7.2.2.4. Polyamide ( PA)
7.2.2.5. Polypropylene (PP)
7.2.2.6. Polystyrene ( PS)
7.2.3. Others
7.3. Market Attractiveness Analysis, By Material Type
7.4. Prominent Trends
8. Global Lubricant Packaging Market Analysis and Forecast, By End Use
8.1. Introduction
8.1.1. Market Share and BPS Analysis, By End Use
8.1.2. Y-o-Y Growth Projections, By End Use
8.2. Market Size (US$ Mn) and Volume (Units) Forecast, By End Use
8.2.1. Automotive
8.2.2. Metalworking
8.2.3. Oil & Gas
8.2.4. Power Generation
8.2.5. Machine Industry
8.2.6. Chemicals
8.2.7. Other Manufacturing (Textiles, Electrical, etc.)
8.3. Market Attractiveness Analysis, By End Use
8.4. Prominent Trends
9. Global Lubricant Packaging Market Analysis and Forecast, By Region
9.1. Introduction
9.1.1. Market Share and BPS Analysis By Region
9.1.2. Y-o-Y Growth Projections By Region
9.2. Market Size (US$ Mn) and Volume (Units) Forecast By Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East and Africa (MEA)
9.3. Market Attractiveness Analysis By Region
10. North America Lubricant Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Market Share and BPS Analysis By Country
10.1.2. Y-o-Y Growth Projections By Country
10.1.3. Key Regulations
10.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
10.2.1. U.S.
10.2.2. Canada
10.3. Market Size (US$ Mn) and Volume (Units) Forecast By Packaging Type
10.3.1. Stand up pouches
10.3.2. Bottles
10.3.3. Drums
10.3.4. Pails
10.3.5. Cans
10.3.6. Tubes
10.3.7. Kegs
10.3.8. Bag-in-box
10.3.9. Intermediate Bulk Containers
10.4. Market Size (US$ Mn) and Volume (Units) Forecast By Lubricant Type
10.4.1. Engine Oils
10.4.2. Transmission & Hydraulic Fluids
10.4.3. Process Oils
10.4.4. Metalworking Fluids
10.4.5. General Industrial Oils
10.4.6. Gear Oils
10.4.7. Greases
10.5. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
10.5.1. Metal
10.5.1.1. Steel
10.5.1.2. Tin
10.5.2. Plastic
10.5.2.1. Polyethylene
10.5.2.1.1. LDPE
10.5.2.1.2. HDPE
10.5.2.2. Metalized polyethylene terephthalate (MET-PET)
10.5.2.3. Polyvinyl Chloride (PVC)
10.5.2.4. Polyamide ( PA)
10.5.2.5. Polypropylene (PP)
10.5.2.6. Polystyrene ( PS)
10.5.3. Others
10.6. Market Size (US$ Mn) and Volume (Units) Forecast By End Use
10.6.1. Automotive
10.6.2. Metalworking
10.6.3. Oil & Gas
10.6.4. Power Generation
10.6.5. Machine Industry
10.6.6. Chemicals
10.6.7. Other Manufacturing (Textiles, Electrical, etc.)
10.7. Market Attractiveness Analysis
10.7.1. By Country
10.7.2. By Packaging Type
10.7.3. By Lubricant Type
10.7.4. By Material Type
10.7.5. By End Use
10.8. Prominent Trends
10.9. Drivers and Restraints: Impact Analysis
11. Latin America Lubricant Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Market Share and BPS Analysis By Country
11.1.2. Y-o-Y Growth Projections By Country
11.1.3. Key Regulations
11.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
11.2.1. Brazil
11.2.2. Mexico
11.2.3. Argentina
11.2.4. Rest of Latin America
11.3. Market Size (US$ Mn) and Volume (Units) Forecast By Packaging Type
11.3.1. Stand up pouches
11.3.2. Bottles
11.3.3. Drums
11.3.4. Pails
11.3.5. Cans
11.3.6. Tubes
11.3.7. Kegs
11.3.8. Bag-in-box
11.3.9. Intermediate Bulk Containers
11.4. Market Size (US$ Mn) and Volume (Units) Forecast By Lubricant Type
11.4.1. Engine Oils
11.4.2. Transmission & Hydraulic Fluids
11.4.3. Process Oils
11.4.4. Metalworking Fluids
11.4.5. General Industrial Oils
11.4.6. Gear Oils
11.4.7. Greases
11.5. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
11.5.1. Metal
11.5.1.1. Steel
11.5.1.2. Tin
11.5.2. Plastic
11.5.2.1. Polyethylene
11.5.2.1.1. LDPE
11.5.2.1.2. HDPE
11.5.2.2. Metalized polyethylene terephthalate (MET-PET)
11.5.2.3. Polyvinyl Chloride (PVC)
11.5.2.4. Polyamide ( PA)
11.5.2.5. Polypropylene (PP)
11.5.2.6. Polystyrene ( PS)
11.5.3. Others
11.6. Market Size (US$ Mn) and Volume (Units) Forecast By End Use
11.6.1. Automotive
11.6.2. Metalworking
11.6.3. Oil & Gas
11.6.4. Power Generation
11.6.5. Machine Industry
11.6.6. Chemicals
11.6.7. Other Manufacturing (Textiles, Electrical, etc.)
11.7. Market Attractiveness Analysis
11.7.1. By Country
11.7.2. By Packaging Type
11.7.3. By Lubricant Type
11.7.4. By Material Type
11.7.5. By End Use

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