Liquid Packaging Cartons Market – Global Industry Analysis and Forecast (2023-2029)

Liquid Packaging Cartons Market is expected to reach US$ 556.17 Bn. by 2029, at a CAGR of 5.2% during the forecast period.
Liquid Packaging Cartons Market Overview:
Food or beverage packaging is a method used for packaging of edible products to ensure preservation, control, marketing and information, traceability, convenience, & other functions. Liquid packaging Cartonss are containers, which allow safe transportation & storage of liquid products, & deliver customized packaging based on the marketing requirements of companies. These Cartonss are preferred by companies owing to their benefits like convenience, maneuverability, recyclability, & eco-friendly attribute. They are particularly designed for carrying liquids like milk and dairy products, packaged water, liquid food products, soft drinks, & juices.To know about the Research Methodology :- Request Free Sample Report

The liquid packaging Cartons market development is attributed to factors like increase in demand for packaged food and beverages, convenience in carrying and transportation, advance in packaging, & recyclable nature of Cartonss. In addition, major growth has been seen in the food & beverage industry in APAC, due to increase in demand for healthy and packaged water. Moreover, rise in consumption of soft drinks have is anticipated to boost the development of the liquid packaging Cartons market through the forecast period. However, rise in demand for glass packaging & availability of alternates for liquid packaging Cartonss are the major factors that hamper the market development. On the other hand, product innovation in the liquid packaging industry offers profitable growth to the liquid packaging Cartons market opportunity during the forecast period. Shift in development dynamics of food & beverage industry & different development dimensions of the retail industry have transformed the way products are being packaged during the forecast period. In January 2021, METSÄ BOARD launched a new eco-barrier paperboard which offers brands looking for non-plastic packaging with barrier properties.
Liquid Packaging Cartons Market Board:
Liquid packaging board consumption is expected to be continued during the forecast period. With 70 % of this market used in dairy & 20 % in fruit juices it will profit from the healthy eating trend in established markets, combined with rising consumption patterns in the developing markets. There is a rising trend for liquid packaging board manufacturers to use renewable resources in order to improve their environmental authorizations. In the 2016, for instance, Tetra Pak announced the launch of a new type of Tetra Brik Aseptic thousand Edge through Bio-based LightCap. This is the 1st hygienic Cartons package in the world to get the maximum class of Vinçotte certification for its usage of renewable materials. The new package is factory-made using a bio-based plastic film & cap.

Innovations such as micro-fibrillated cellulose, being established by the likes of Stora Enso, offer the vision of a biodegradable barrier film capable of substituting Al foil in liquid Cartonss. Cartons companies are also presenting new & advanced Cartons products. These contain the Combidome Cartons bottle from SIG Combibloc & Elopak’s Pure-Pak Sense Hygienic Cartons. The novel design & functional features of Pure-Pak Sense Aseptic Cartonss comprise easy-to-fold lines & the proper flattening of Cartonss to decrease volume in waste & recycling facilities.

APAC is one of the fastest rising regions in the global market. Growth in population in APAC, rise in disposable income, & stable economic development fuel the growth of the market. Developing markets like China & India are anticipated to show the highest rise in demand for environmental liquid packaging Cartons. Increase in liquid packaging Cartons demand from Australia is estimated to be more reserved, due to the continued shift of the manufacturing base to other countries, & decrease in exports causing from capacity increase in other Asian countries.

Volume Share of Top 10 Pack Types in APAC:

The report covers Dairy Products, and Juice & Drinks with detailed analysis Global Liquid Packaging Cartons Market industry with the classifications of the market on the Product Type, Application & region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it. The report has profiled twelve key players in the market from different regions.

However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced Product Type, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in five regions. The major country’s policies about manufacturing & Covid 19 impact on demand side are covered in the report.
Liquid Packaging Cartons Market Scope: Inquire before buying



Liquid Packaging Cartons Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 390.02 Bn.


Forecast Period 2023 to 2029 CAGR:
5.2%
Market Size in 2029:
US $ 556.17 Bn.


 Segments Covered:
by Product
Brick Cartonss
Gable Top Cartonss
Shaped Cartonss


by Application
Dairy Products
Juice & Drinks
Others


by Shelf Life
Short Term Shelf Life
Long Term Shelf Life


by End-User
Liquid Diary Products
Non-carbonated Soft Drinks
Liquid Foods
Alcoholic Beverages



Liquid Packaging Cartons Market by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Liquid Packaging Cartons Market Key Players
1. Adam pack sa
2. Billerudkorsnäs ab
3. Ferd
4. Greatview aseptic packaging co., ltd.
5. Liqui-box
6. nippon paper industries co., ltd.
7. Onex corporation
8. Reynolds
9. Smurfit kappa
10. Tetra laval international s.a.
11. Elopak Inc.
12. Evergreen Packaging Inc.
13. IPI s.r.l.
14. Refresco Gerber N.V.
15. SIG Combibloc GmbH
16. Weyerhaeuser Company
17. TidePak Aseptic Packaging Material Co., Ltd

Frequently Asked Questions:

1. Which region has the largest share in Global Liquid Packaging Cartons Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Liquid Packaging Cartons Market?
Ans: The Global Liquid Packaging Cartons Market is expected to grow at a CAGR of 5.20% during forecast period 2023-2029.

3. What is scope of the Global Liquid Packaging Cartons market report?
Ans: Global Liquid Packaging Cartons Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Liquid Packaging Cartons market?
Ans: The important key players in the Global Liquid Packaging Cartons Market are – Adam pack sa, Billerudkorsnäs ab, Ferd, Greatview aseptic packaging co., ltd., Liqui-box, nippon paper industries co., ltd., Onex corporation, Reynolds, Smurfit kappa,

5. What is the study period of this market?
Ans: The Global Liquid Packaging Cartons Market is studied from 2022 to 2029.