Global Liquid Packaging Carton Market Size was valued nearly USD 1.412 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025, to grow at a CAGR of 5.1% during the forecast period that is 2018-2025. Liquid packaging cartons are used for the safer storage of liquid products by reducing the associated risk of damaging the product while transportation. The numerous types of liquid packaging cartons are used such as gable top and shelf stable cartons which facilitates the protection and strength to the products stored in cartons. Liquid products include edible liquids (fruit juices, soft drinks, water, dairy products) and non-edible liquids (fuels, cleaners and oils).  The type, material and size of packaging used, highly depends upon the products. The liquid packaging carton market is anticipated to grow at a significant CAGR over the forecast period, owing to the rising demand for the convenient products, coupled with the rising environmental concerns to avoid the use of plastic packaging.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global liquid packaging carton market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global liquid packaging carton market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Market Dynamics

The Liquid Packaging Carton Market is anticipated to witness growth due to rising number of brands, that emphasis on advancement in the liquid packaging cartons coupled with the increasing environmental concerns to avoid plastic packaging. For instance, the Tetra Pak Company, a leading player in the packaging and processing sector, invented the aseptic carton technology to increase the shelf life, is propelling the global liquid packaging carton market. Furthermore, consumers across the globe are highly adopting the liquid packaging cartons owing to its various properties such as biodegradable, recyclable and eco-friendly packaging. Thus, due to its properties the consumers and manufacturers are inclining towards liquid packaging carton over conventional packaging systems (glass, metal cans, plastic and others).

Market Segment 

Gable top is anticipated to dominate the global liquid packaging carton market over the forecast period owing to its various benefits such as eco-friendly, convenient in transportation and storage is fostering the market demand. This packaging type is widely used in storing various types of products such as yoghurt, health drinks, milk, alcohol and several others. Leading companies producing gable top includes Parksons Packaging, American Carton Company, Tetra Pak International S.A., Aseptic Packaging Material Co. Ltd. And several others.

Polyethylene Terephthalate (PET) segment is anticipated to be one of the major growing segments in the global liquid packaging carton market. The growth is majorly attributed to its recycling capabilities, fair moisture barrier, very light weight and several others.

Regional Analysis

The global liquid packaging carton market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia Pacific is anticipated to witness significant growth during the forecast period owing to the shift towards recycled packaging materials in in the economies such as Thailand, China and India. Primarily, China is known for the largest packaged water market which is deviating from the use of the plastics to PET packaging. According to a report by Agriculture and Agri-Food Canada suggests that China’s bottled market valued at U.S. $16.4 billion in 2015. Therefore, it is anticipated that the region will witness significant demand for the liquid packaging carton over the forecast period.

Global Liquid Packaging Carton Market Size, Share Analysis By Region 2017

North America is anticipated to hold the major share in the global liquid packaging carton market followed by Europe.  This region is the early adopter of the liquid packaging products owing to which the market is expected to witness substantial growth. Some of the major players in this region include the Dow Chemical Company, American Carton Company and International Paper among others. Middle East and Africa held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.

Global Liquid Packaging Carton Market Study Objective

1. To forecast the market size of liquid packaging carton market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of liquid packaging carton market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of liquid packaging carton market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of liquid packaging carton market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the liquid packaging carton market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

The key players operating in the Liquid Packaging Carton Market TidePak Aseptic Packaging Material Co., Ltd., SIG Global, Tetra Pack Inc., Greatview Aseptic Packaging Co., Ltd, Refresco Gerber N.V. and several others. Various companies are focusing on product development and upgradation of the product to expand their global business. For instance, in 2017, New Convent Garden Soup Company launched the product range of Pure Pak diamond carton that facilitates the company growth by expanding the product portfolio. Moreover, to enhance the quality and hygiene levels, companies are improving their packaging quality. For instance, in, 2017, Malta Dairy products Ltd., had improved their brand, Benna, to offer fresh milk to their consumers in 500 ml and 1l cartons.

Global Liquid Packaging Carton Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.