Global Liquid Packaging Market Key Insights and Booming Factor Supporting Growth till 2025

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Liquid Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Liquid Packaging Market have been elaborated upon in the research report.

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Liquid packaging is used to protect and transport liquid products. Changes in consumer behavior and a rise in the number of people migrating from rural to urban areas are driving the liquid packaging market. Liquid packaging is widely utilized in the food & beverage industry in order to facilitate the transport of liquid goods and to increase the shelf-life of products. Liquid packaging is also extensively employed in the pharmaceutical industry for packaging liquid drugs. The global liquid packaging market is anticipated to expand at significant growth rate, driven by the increasing demand from automotive, construction, and manufacturing industries.

The liquid packaging market has been segmented based on packaging type, raw material, technique, and end-use industry. In terms of packaging type, the liquid packaging market can be classified into flexible and rigid. The flexible packaging segment can be further sub-segmented into films, sachets, pouches, and others. The rigid packaging segment can be further split into paperboard, bottles, cans, drums & containers, and others. In terms of value, rigid packaging was the dominant segment, accounting for more than 88% share of the market in 2016. Rigid packaging is extensively utilized to manufacture packaging for beverages, and pharmaceutical drugs. This is due to the excellent properties of rigid packaging such as ease of transport and carrying and excellent shelf-life. However, the liquid packaging market has witnessed increasing usage of flexible materials for packaging liquid over the last few years. For instance, sachets, pouches are widely employed for packaging various personal care products in developing countries such as India. Hence, flexible packaging is expected to be a lucrative segment, especially for the personal care industry in developing countries. The rigid packaging segment is projected to expand at a significant growth rate during the forecast period.

In terms of raw material, plastics which encompasses materials such as PET, PP, PE, and others was the dominant segment, accounting for about 50% share of the market in 2016. Plastics are widely employed in the manufacturing of packaging for various industries such as food & beverage, pharmaceutical, personal care, and household care. Expansion of this segment is directly linked to the expansion of these industries. The plastics segment is anticipated to expand at a significant growth rate in the near future owing to the shift in consumer preferences and increased consumption of beverages across the globe. The paper segment, owing to its excellent properties such as high recyclability and better environmental protection, is expected to expand at a considerable growth rate during the forecast period. Suppliers of paper packaging such as paperboard boxes and containers have increased their manufacturing capacities in order to respond to the dynamic market conditions. For example, BillerudKorsnäs AB, recently, invested in new board machine at its production unit in Gruvon in order to meet the rising demand for sustainable packaging solutions from the global food & beverage industry. The machine has a capacity of 550,000 tons and produces liquid packaging boards, carton boards, food service boards, and liners. The investment amounts to US$ 0.69 Bn, and production is expected to start in 2019.

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Based on technique, the liquid packaging market has been segregated into aseptic packaging, modified atmosphere packaging, vacuum packaging, and intelligent packaging. Modified atmosphere packaging was the dominant manufacturing process in 2016 accounting for a major share of the market share.

Key Takeaways

An comprehensive analysis of the liquid packaging market trends and value shares from 2016 - 2025 to identify and track the market opportunities and industry developments
A draft of key factors responsible for building the upcoming opportunistic roadmap for the liquid packaging market at a global, regional, and country level
Extensive analysis with respect to regulatory scenario that would impact the outlook of the global liquid packaging market between 2016 - 2025
The report offers insights into market opportunities for various stakeholders in the value chain and a detailed competition landscape for key players dominating the industry to understand competition level
Value chain analysis, which includes exhaustive list of key manufacturers, raw materials suppliers, and potential customers and their level of integration and industry level SWOT analysis
Porters’ Five Forces highlights the efficacy of buyers and suppliers and enable stakeholders to make profit-oriented business decisions. Pricing Analysis with respect to packaging type.
Global, level analysis for production output coupled with Import/Export trends to better understand the supply-demand scenario.

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This release was published on openPR.