Liquid Packaging Bag Market to Surpass a Valuation of US$ 4,318.3Mn by 2032 Owing to the HDPE Liquid Packaging Bag Segment: ChemView Consulting

Liquid Packaging Bag Market Overview

According to a recent survey conducted by ChemView Consulting, the Global Liquid Packaging Bag Market grew at a CAGR of 5.2% between 2017-2021 and is estimated to be US$ 2,411.3Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.0% and is expected to reach a valuation of US$ 4,318.3Mn by 2032 end.

Consumables, including semisolid foods, liquids, and beverages, are protected from microbial contamination and damage during transport and storage using the packing technology known as liquid packaging. Liquid packing is essential for keeping the product from moisture and for preserving the product’s freshness.

Additionally, it helps the product’s tear, puncture, and scuff resistance. To prevent leakage, cracking, and degradation during transit, liquids and food products such as dairy goods, syrups, water, cooking oil, fruit juices, shampoos, grease, and motor oil are packaged in robust materials with strong seals. Increased shell life, high recyclability, high eco-friendliness, and transport-friendliness are all features of liquid packing.

ChemView Consulting has analyzed that the market for liquid packaging bags is anticipated to grow over the forecast period due to rising consumer demand for handy pouches. Another significant element supporting the market expansion throughout the assessment period is the movement in manufacturer preferences toward a cost-effective solution. Additionally, businesses are concentrating on recyclable polymers as a substitute for polythene, presenting the market with sizable changes shortly.

The high-density polyethylene, or HDPE. Petroleum is used to create the thermoplastic that is in question. It is frequently sold as a product in bags, pouches, bottles, vials, crates, and films. Additionally, depending on the purpose, it is offered in both flexible and stiff forms.

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Segments Covered in Report

By Product Type:

  • Plastic Liquid Packaging Bag
  • PET Liquid Packaging Bag
  • HDPE Liquid Packaging Bag
  • PP Liquid Packaging Bag
  • PVC Liquid Packaging Bag
  • Metalized Films Liquid Packaging Bag

By End-Use:

  • Beverage Liquid Packaging Bag
  • Industrial Liquid Packaging Bag
  • Lubricant Liquid Packaging Bag
  • Consumers’ Liquid Packaging Bag
  • Homecare Liquid Packaging Bag

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Liquid Packaging Bag Market

  • Based on the product type, HDPE packaging has the following qualities: stiffness, chemical resistance, moldability, long shelf life, strength, and affordability. Due to these advantages, it is the most popular type of plastic and is in high demand across various industries. Chemical, pharmaceutical, culinary and beverage, and retail industries are some of its applications.
  • Based on the region, with a market share of 38.9%, APAC is expected to be the most attractive region for liquid packaging bags. This is attributable to developing nations like Japan, China, and India. The expansion of the food and beverage industry, rising disposable income, and increasing public awareness of the need for environmentally friendly packaging options are some key factors propelling the market growth in the area.

Competition Summary

Key companies covered in the market study are Packman Industries, DS Smith Packaging Limited, Global-Pak, Inc, Amcor Limited, CDF Corporation, Uflex Ltd., Aran Group, Hood Packaging Corporation, Danqing Plastic Packaging & Printing Co., Ltd., Shenzhen Winld Packaging Material Ltd., Dongguan Yason Pack Co., Ltd, Ruijin Xinchen Technology Co., Ltd., Wenzhou Kiwim Plastic Packaging Co., Ltd., Jiangyin Huawen Flexible Packaging Co., Ltd

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Report Key Highlights and Coverage

  • Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
  • Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
  • The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
  • Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
  • Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
  • Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
  • Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
  • Key drivers, restraints, opportunities, and emerging trends impact market growth.
  • Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
  • Strategic market analysis, recommendations, and future headways on crucial winning strategies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.

What sets ChemView Consulting apart?

  • Full-time research experts and subject matter experts
  • In-house primary research team
  • The in-house data visualization team
  • Industry-wide network of research partners
  • Database subscriptions
  • The exclusively tailored research process

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