Liquid Packaging Carton Market is expected to generate an incremental $ opportunity of US$ 12.23 Bn between 2022 and 2030, an initiative to reduce carbon footprint and provide sustainable packaging

According to a research survey conducted by ChemView Consulting, in 2022, the Global Liquid Packaging Carton Market was worth US$ 20.6 Bn and is expected to grow at a CAGR of 6.0% over the forecast period. The market is expected to hit US$ 32.8 Bn by 2030 end.

Liquid packing cartons allow for the safe transportation and storage of liquid products while providing customized packaging based on manufacturer marketing requirements. Manufacturers like these cartons because of their convenience, maneuverability, recyclability, and eco-friendliness.

They are built specifically for transporting liquids such as milk and dairy goods, bottled water, liquid food products, soft drinks, and juices.

Liquid packaging carton Market 2017-2030: Report Key Highlights:

  • Detailed information on factors that will assist Global Liquid packaging carton growth during the next eight years
  • Assessment of the historical and current Global Liquid packaging carton Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • The growth of the Global Liquid Packaging Carton across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

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Key Takeaways

By Material: Uncoated paperboard material currently has a 76.2% market share. Because of its sustainability and recyclability, uncoated paperboard has been the most desired raw material for decades.

In almost all parts of the world, uncoated paperboard is the first choice of manufacturers and consumers for liquid Packaging Cartons. By 2030, uncoated paperboard is expected to offer a total incremental opportunity of more than US$ 7.5 billion.

By Type: The brick liquid carton category will have the biggest market share in 2021. Manufacturers prefer low-cost brick carton packing materials due to their cost-effectiveness in lowering overall manufacturing costs. It enables manufacturers to build brick liquid cartons at a low cost, which drives their widespread usage.

Over the anticipated period, brick cartons are expected to offer a total incremental opportunity of more than US$ 4.9 billion. Brick cartons provide tamper-proof packaging for juices, milk, and other liquid items. These containers extend the product’s shelf life and protect it from a hostile exterior.

Brick cartons currently have a market share of 56.0%. Because of the widespread appeal of brick cartons, manufacturers and end users will find attractive growth potential both in the short and long run.

By Region: Regarding worldwide Liquid Packaging Carton market size, Asia-Pacific is one of the fastest expanding regions. The Asia-Pacific liquid Packaging Carton market is growing due to population growth, increased disposable income, and sustained economic growth. Emerging markets such as China and India will likely experience the greatest demand for environmentally friendly liquid Packaging Cartons.

The production and consumption of liquid packing cartons will skyrocket in the Asian Pacific region. It is expected to grow at an 8.0% CAGR over the anticipated period.

Government initiatives to decrease carbon footprints and produce sustainable packaging drive the demand for liquid carton packaging in the Asia Pacific.

Competition Summary

Companies in the market are extending their global footprint, catering to the growing demand for liquid carton packaging, and expanding their product portfolio through product development, facility expansions, and mergers and acquisitions.

Key companies covered in the market study are Adam Pack Sa, Billerudkorsnäs Ab, Ferd, Greatview Aseptic Packaging Co., Ltd, Liqui-Box, Nippon Paper Industries Co., Ltd, Onex Corporation, Reynolds, Smurfit Kappa, Tetra Laval International S.A, Elopak Inc., Evergreen Packaging Inc., Refresco Gerber N.V., SIG Combibloc GmbHand Tetra Pak

Segments Covered in Report

By Type:

  • Brick Cartons
  • Gable Top Cartons
  • Shaped Cartons

By Material:

  • Uncoated Paperboard
  • LDPE Coated
  • Aluminum

By Application:

  • Dairy Products
  • Milk
  • Yogurt and Butter Milk
  • Juice and Drinks
    • Fruit Juice
    • Tea
    • Coconut Water
    • Carbonated Soft Drinks
  • Industrial and Institutional

By Opening Type:

  • Cut Opening
  • Straw Hole Opening
  • Clip Opening
  • Twist Opening
  • King Twist Opening

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)

About ChemView Consulting’s Packaging Domain

ChemView Consulting’s Packaging domain provides unique, reliable, and in-depth analysis of the packaging business with the help of its in-house and experienced analysts and subject matter experts. The comprehensive coverage includes Packaging Equipment’s & Materials, Advanced Packaging, Industrial Packaging, Food & Beverage Packaging, Household Packaging, Personal Care and Pharmaceutical Packaging, and ICT Packaging. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for manufacturers, research institutes, channel partners, and government agencies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in 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
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