The global liquid packaging cartons market is projected to surpass US$ 16.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.9% during the forecast period (2020 to 2027).
Liquid packaging cartons are mainly used to package the beverages and dairy products to ensure proper preservation, convenience, and others provide protection from damage. They are mostly made up of paperboard and aluminum and plastic products. These containers enable safe and easy transportation of liquid food products such as soft drinks and juices. Also, they prevent contamination and other damages to the liquid food product.
The research report studies the Liquid Packaging Carton Market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market.
Top Key Players in Liquid Packaging Carton market: Elopak Inc., Evergreen Packaging Inc., IPI S.R.L., Refresco Gerber N.V., SIG Combibloc GmbH, Tetra Pak Inc., Weyerhaeuser Company, Nippon Paper Industries Co., Ltd, TidePak Aseptic Packaging Material Co., Ltd, and Adam Pack S.A.
Regional Analysis:
The market research report on the global Liquid Packaging Carton market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered.
Market Restraints
Environmental benefits associated with the glass packaging is raising its demand for packaging of liquid food product is expected to restrict the market growth of the liquid packaging cartons. Glass materials consume less energy than any other packaging material and also offer 100% recyclable as well as reusable without compromising on the quality. Thus high demand for glass material for packaging is expected to hamper the market growth.
Key Takeaways
On the basis of product type, brick cartons dominated the global liquid packaging cartons market in 2019 with around 58% of market share in terms of revenue, followed by gable top cartons and shaped cartons, respectively.
Market Trends
Rising trend of aseptic cartons which are sterilized during sealing in order to prevent the contamination due to microorganism is expected to fuel the market growth. Aseptic cartons also remove the need for preservation and also increase the shelf-life of the product. Due to this liquid packaging cartons market is experiencing a shift towards aseptic cartons for packaging of liquid from conventional packaging. This is expected to propel the market growth over the forecast period.
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