According to the latest report by IMARC Group, “Global Liquid Packaging Cartons Market Share, Size, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global liquid packaging cartons market reached a value of US$ 11.45 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 15.3 Billion by 2027, exhibiting a CAGR of 4.70% during 2022-2027.
A liquid packaging carton is a rigid, multi-ply, paperboard container that is widely utilized for packaging and safe transportation of various food and beverages. It is flexible, light, reusable, inexpensive and sustainable in nature. Nowadays, it is available in different types such as gable top, brick and shaped liquid packaging cartons. It guarantees content conservation and safeguards from external contaminants, consequently increasing the products shelf-life.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Liquid Packaging Cartons Market Trends and Drivers:
One of the primary factors driving the market is the significant adoption of liquid packaging cartons in the food and beverage (F&B) industry to preserve, trace, ensure safe transportation and storage of fast-moving consumer goods (FMCG). Additionally, with the growing health consciousness and busy work schedules, individuals are shifting toward healthy, ready-to-eat (RTE), dietary supplements and on-the-go drinks.
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This has led to the increasing adoption of liquid packaging cartons. Furthermore, the launch of eco-friendly liquid packaging cartons on account of the rising environmental consciousness is catalyzing the market growth. Moreover, key market players are opting for innovative marketing strategies such as, customized packaging with visual appeal, which is creating a positive market outlook.
Some of the other growth-inducing factors are the rapid growth of the F&B sector and the various schemes initiated by the governments of several nations for regulating the distribution of polythene packages and pouches.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Liquid Packaging Cartons Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Adam Pack S.A., BillerudKorsnäs AB, Elopak, Greatview Aseptic Packaging Co. Ltd., IPI s.r.l. (Coesia S.p.A.), Mondi plc, Nippon Paper Industries Co. Ltd., Pactiv Evergreen Inc., SIG Combibloc Group Ltd., Smurfit Kappa Group plc, Tetra Laval Group and Uflex Limited.
The report has segmented the market on the basis of region, carton type, packaging type, shelf life and end user.
Breakup by Carton Type:
- Brick Liquid Cartons
- Shaped Liquid Cartons
- Gable Top Cartons
Breakup by Packaging Type:
- Flexible Liquid Packaging
- Rigid Liquid Packaging
Breakup by Shelf Life:
- Long Shelf Life Cartons
- Short Shelf Life Cartons
Breakup by End User:
- Liquid Dairy Products
- Non-Carbonated Soft Drinks
- Liquid Foods
- Alcoholic Beverages
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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