March 20, 2020: The global liquid packaging cartons market is expected to grow at an exponential rate in the years to come. This is attributed to their availability in diverse designs, sizes, and shapes coupled with secure transportation provided on their part. The market is catalyzed by the global population’s inclination toward beverages and food. The other factor is consumers preferring ready-to-carry food.
Market Segmentation
The liquid packaging cartons market is segmented by type of liquid product, end-use, type of carton, shelf life, and geography. By type of liquid product, the market spans dairy products, water, tomato sauce, fruit juices , and soft drinks. By end-use, the market consists of alcoholic drinks, liquid foods, non-carbonated soft drinks, liquid dairy products, and others. By shelf life, it states short shelf life cartons and long shelf life cartons.
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By geography, the same liquid packaging cartons market says Europe, North America, Asia Pacific, LATAM, and MEA. North America, along with Europe, falls in the category of matured markets due to early acceptance of packaged food products on the part of consumers. Asia Pacific is looked upon as a promising market of liquid packaging cartons due to increase in disposable income, huge population base, and consumers’ trend shifting toward convenience products. By type of carton, the segmentation says shaped liquid cartons, gable top cartons, and brick liquid cartons.
Players
The players contributing to the market of liquid packaging cartons include Liqui-Box Corporation, Elopak, SIG Combibloc, TriWall Ltd., Comar Inc., Wayerhaeuser Company, Nippon Paper Industries Co., Ltd., Greatview Aseptic Packaging Co., Ltd., Smurfit Kappa, Adam Pack SA, and Reynolds Group Holdings Limited, and Tetra Laval. Inorganic growth is being emphasized on. For instance – Qingdao Likang Food Packaging Technology Company Limited has been recently acquired by Greatview Aseptic packaging Company Limited to enforce the latter’s presence in China. As far as organic growth is concerned, Tetra Laval International S.A. has come up with “Tetra Pak Artistry” for helping manufacturers of food and beverages in revitalizing the feel and look of their products.
The global Liquid Packaging Carton market was valued at $XX million in 2018, and Radiant Insights analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.
This report provides detailed historical analysis of global market for Liquid Packaging Carton from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Liquid Packaging Carton market.
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Leading players of Liquid Packaging Carton including:
• Tetra Laval
• SIG Combibloc
• ELOPAK
• Greatview
• Evergreen Packaging
• Nippon Paper
• Likang Packing
• Stora Enso
• Weyerhaeuser
• Xinju Feng Pack
• Bihai Machinery
Market split by Type, can be divided into:
• <200ml
• 201-500ml
• 501-1000ml
• >1000ml
Market split by Application, can be divided into:
• Dairy
• Fruit Juices
• Vegetable Juices
• Other
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
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Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)