Liquid Packaging Board Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI


The Liquid Packaging Board market is growing due to rising demand in the food and beverage industry, with significant growth in Asia and Africa.
Liquid Packaging Board Market Overview
Recent trends in global food & beverage industry shows that the demand for dairy, juices and dilutable drinks is steadily growing. This major fact is driving the demand for global liquid packaging. Liquid packaging generally uses liquid packaging paperboard (LPB) or simply liquid paperboard as raw material. Liquid packaging boards are a type of laminated boards. Liquid packaging board is commonly a multilayer board with low density polyethylene (LDPE) and aluminum coated. The barrier coated must hold the liquid and prevent migration of flavor and air through LPB.
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Basically there are two groups of liquid packaging board:
Liquid packaging boards comes with features like leak-proof, recyclable and lightweight features. Their thickness varies according to application. Their basis weight can vary from 180 to 310 gsm.
Liquid Packaging Board: Market Dynamics
Global population is rapidly growing in Asia Pacific (APAC) and Africa regions. The targeted consumer population is gaining its share. In APAC the population growth is largely driven by Asia’s economic powerhouses India and China. In Africa the population below age of 25years is approx. 25%, this is estimated to reach 45% by 2050. Diary segments leads the highest demand compared to juices and dilutable drinks.
Diary is the fastest growing segment and essential source of nutrients for all age people. These above mentioned facts or trends changing the dynamics of liquid packaging boards market. Changing lifestyle in APEJ & Africa regions poses the need for reliable, easy to carry, preserved shelf life and fresh packaged drinks. This is another factor driving demand for liquid packaging boards. In emerging markets, rising purchasing power is influencing the liquid packaging boards demand growth.
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Liquid packaging boards manufacturing cost is less compared to metal, plastic and glass cans for packaging. These are flexible and recyclable. The recyclability of these boards helps to bring down the raw material cost and thereby overall manufacturing cost. There are liquid packaging boards which are approved by FDA for food contact. These boards after converting into cartons provide attractive features like leak-proof, protection from light and contaminations and easily disposable. Liquid packaging boards are best suitable for modified atmospheric packaging (MAP), which is very much necessary in global packaged drinks segment. Flexible spout pouches and plastic bottles are a threat for the growth of liquid packaging boards market.
Liquid Packaging Board: Market Segmentation
The Liquid packaging board market is segmented on the basis of end use and material. Based on end use, liquid packaging board are segmented into diary, juices, dilutable drinks and others. Based on material liquid packaging board are segmented into plastic barrier coated, aluminum barrier coated and others. Diary segment creates highest share of liquid packaging board among others.
Liquid Packaging Board Market: Regional outlook
Liquid packaging board market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.
Liquid Packaging Board Market: Key players
Some of the players in the global Liquid packaging board market are Evergreen Packaging, BillerudKorsnäs AB, Candesce, Elopak, Stora Enso, and Visy.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The article discusses the growth and trends in the Liquid Packaging Board market, focusing on demand drivers and regional dynamics.
What are the key materials used in liquid packaging boards? They primarily use paperboard, LDPE, and aluminum.
Which regions are experiencing significant growth? Asia Pacific and Africa are key regions due to population growth.
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