Liquid Packaging Cartons Market Size, Share, Trends Analysis, Growth 2023-2028
Global Liquid Packaging Cartons Market Overview 2023-2028
The global liquid packaging cartons market size reached US$ 12.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Liquid packaging cartons, also known as tetra packs or paperboard cartons, are containers made from multiple layers of materials to protect and preserve liquid contents. They typically consist of paperboard for structural support, a thin layer of aluminum or plastic for barrier properties, and a layer of polyethylene for sealing. They comprise aseptic cartons, which are designed for long shelf life without the need for refrigeration. They also include gable-top cartons, which have a distinctive triangular or gable-shaped top and are commonly used for packaging milk and juice. They consist of slim cartons, which are sleek and slender cartons used for single-serving beverages, such as energy drinks and flavored water.
They are typically made from renewable resources and are recyclable, making them a sustainable choice. They provide an excellent barrier against oxygen, light, and external contaminants, which helps extend the shelf life of the products inside. They are user-friendly and enable individuals to pour the desired quantity without spillage due to their resealable and easy-to-pour spout designs. They also enable manufacturers to easily customize the design, size, and shape to suit their specific product requirements. Liquid packaging cartons are eco-friendly and can be recycled, reducing environmental impact. They are often cost-effective for both production and transportation, reducing overall operational costs. They are commonly used to package milk, cream, and yogurt.
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Global Liquid Packaging Cartons Market Trends and Drivers:
At present, the increasing consumer demand for convenient and eco-friendly packaging solutions represents one of the crucial factors impelling the growth of the market. Besides this, the rising development of innovative materials, barrier coatings, and printing techniques is allowing for improved protection of liquid products and extended shelf life. These technological advancements are also increasing the appeal of the product to both manufacturers and consumers and contributing to reducing production costs, making liquid packaging cartons a more economical choice for companies. In addition, the growing consumption of various liquid products, including dairy, fruit juices, and non-dairy alternatives like soy milk, almond milk, and coconut milk, is offering a favorable market outlook.
Apart from this, the increasing consumption of energy drinks which are low in sugar, preservatives, and other additives among health-conscious individuals, gym goers, and fitness enthusiasts. Additionally, governing agencies of various countries and international organizations are focusing on food safety and packaging regulations. These regulations often require packaging materials to meet specific quality and safety standards, encouraging manufacturers to invest in research and development (R&D) to ensure compliance. Moreover, the increasing number of e-commerce platforms and the changing consumer buying patterns are driving the demand for advanced solutions, improving the packaging, distribution, and delivery of liquid products. Furthermore, companies are implementing policies and initiatives to reduce their carbon footprint by manufacturing liquid carton packaging from recycled paper products.
Global Liquid Packaging Cartons Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: 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 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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- 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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