Global Liquid Packaging Cartons Market Promising Growth Prospects Exist During 2017 - 2025

An up-to-date research report 2018 has been disclosed by Market Research Reports Search Engine (MRRSE) highlighting the title “Global Market Study on Liquid Packaging Cartons: Promising Growth Prospects Exist During 2017 - 2025; Recyclable Packaging Solutions to Gain Traction” which provides an outlook for current market value as well as the expected forecast including Rate on Investment (ROI) together with the growing CAGR near 5.6% during 2017-2025. The report studies the Liquid Packaging Cartons Market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.

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Liquid packaging carton, also referred to as beverage carton, is used for safe storage and transportation of liquid products. Available in different sizes, shapes, and designs in the market, these liquid cartons are subjected to the need of respective liquid products and manufacturer’s branding strategy. The global liquid packaging cartons market was valued at around at US$ 13,286.7 Mn in 2017 and is expected to expand at CAGR of 5.6% during the forecast period (2017–2025).

Growing Consumer Preference for Recyclable and Ecofriendly Packaging Compels Beverage Producers to Introduce Novel Packaging Solutions

Cartons ensure longer shelf life of the product, minimal wastage, and convenience, which will remain one of the key reasons responsible for sustained liquid packaging carton sales on a global level. Factors such as recyclability and environmental friendliness of liquid packaging cartons have been observed to attract beverage producers to adopt innovative packaging materials in order to introduce novel packaging solutions to the global market for liquid packaging cartons. This factor will continue to fuel the demand for innovative packaging cartons in near future. Consumers worldwide are increasingly inclining towards recyclable, biodegradable, and ecofriendly packaging, which is likely to force beverage manufacturing companies to move away from conventional packaging solutions. Moreover, governmental support for products with low carbon foot print has also been identified to be a significant factor propelling the demand for liquid packaging cartons.

Brick Carton to Dominate by Barrier Type and Straw Hole to Lead by Opening

Based on barrier type, the market has been segmented into brick carton, gable top carton, and shaped carton. Brick carton segment accounted for a maximum revenue share of 57.8% market share in 2017, and is anticipated to continue dominance over the forecast period. On the basis of opening type, the market has been segmented into cut opening, straw hole opening, clip opening, twist opening, and king twist opening. By the end of 2025, straw hole opening segment is expected to remain dominant in terms of market value share, followed by twist opening, clip opening, and cut opening.

Uncoated Paperboard to Rule by Material Type and Application in Juice & Drinks to Prevail

By material type, the market has been segmented into uncoated paperboard, LDPE coated, and aluminium. Uncoated paperboard segment registered the highest market share of around 78% in 2017 and is expected to retain its dominance throughout the forecast period. On the basis of application, the market is categorised into dairy products, wine & spirits, juice & drinks, and other products. Dairy products is further sub segmented into milk and yogurt & butter milk. Juice & drinks segment, categorised into fruit juice, tea, coconut water, and carbonated soft drinks, is foreseen to remain dominant, followed by dairy products. Wine & spirits will represent the most lucrative application segment.

Detailed profiles of companies are also included in the report to evaluate their strategies, key product offerings and recent developments. Key players operating in the global market for liquid packaging cartons market include Elopak Inc., Evergreen Packaging Inc., Tetra Pak Inc., SIG Combibloc GmbH, Weyerhaeuser Co., IPI s.r.l., Refresco Gerber N.V., Nippon Paper Industries Co., Ltd., TidePak Aseptic Packaging Material Co., Ltd & Adam Pack s.a.

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Market Taxonomy

By Product type

Brick Cartons
Gable Top Cartons
Shaped Cartons
By Opening type

Cut Opening
Straw Hole Opening
Clip Opening
Twist Opening
King Twist Opening
By Material type

Uncoated Paperboard
LDPE Coated
Aluminum
By Application

Dairy Products
Milk
Yogurt & Butter Milk
Wine & Spirits
Juice & Drinks
Fruit Juice
Tea
Coconut Water
Carbonated Soft Drink
Other Products
By Region

North America
Latin America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)

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