Press release
Global Liquid Packaging Cartons Market is Envisioned to Mark a CAGR of 5.4% in Near Future, According to Research Nester.
Liquid packaging cartons refers to compact and light weight containers which enables safer transportation and storage of liquid products. Further, liquid packaging cartons are mostly utilized for fast moving consumer goods (FMCG). The advantage of liquid packaging cartons comprises of light weight and biodegradable stuffs.
Market Size and Forecast
The global liquid packaging cartons market is anticipated to flourish at a CAGR of 5.4% over the forecast period i.e. 2017-2024. Further, the market of liquid packaging cartons was valued at USD 12.1 Billion in 2016 and is projected to garner USD 18.42 Billion by the end of 2024. Factor such as, increasing environment friendly packaging is anticipated to drive the growth of the global liquid packaging cartons market over the forecast period.
In the regional market, North America is anticipated to account for a significant portion of market share in the overall market of global liquid packaging cartons over the forecast period. Further, factor such as rising adoption of packaged foods and beverages by consumers is expected to increase the growth of North America liquid packaging cartons market during the forecast period. Moreover, U.S. is expected to be the largest liquid packaging cartons market in North America followed by Canada in the upcoming years.
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Europe liquid packaging cartons market is expected to witness substantial growth over the forecast period. Factor such as, increase in production of dairy products is anticipated to drive the growth of liquid packaging market in Europe in the upcoming years. Asia-Pacific is poised to record the fastest growth over the global liquid packaging cartons market over the forecast period. Factor such as, rising disposable incomes and increase in population in some of the major countries such as India, China, Japan is anticipated to drive the growth of the liquid packaging cartons in Asia Pacific during the forecast period.
Based on product type, liquid packaging cartons market is segmented into, brick liquid cartons, gable top liquid cartons and shaped liquid cartons, out of which, gable top segment is expected to dominate the growth of the global liquid packaging cartons market during the forecast period.
Market Segmentation
Our in-depth analysis has segmented global liquid packaging cartons market into the following segments:
By Product Type
Brick Liquid Cartons
Gable Top Liquid Cartons
Shaped Liquid Carton
By Application
Dairy Products
Drinking Water
Soft Drinks
Fruit Juices
Other
By End User
Beverage
Dairy
Food
Water
Wine Industry
By Region
Global liquid packaging cartons market is further classified on the basis of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Russia, Turkey, BENELUX, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia, New Zealand, Malaysia & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
Middle East and North Africa (GCC, Israel, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis
Growth Drivers and Challenges
Factor such as, rising demand of environmental friendly packaging products and increasing inclination of people towards packaged foods across the globe is anticipated to intensify the growth of the global liquid packaging cartons market during the forecast period. In addition, recyclable nature of liquid cartons is estimated to positively drive the growth of the liquid packaging cartons market over the forecast period.
Apart from this, accessibility in carrying and transportation is anticipated to be the dynamic factor behind the growth of the liquid packaging cartons market. Further, the need for preservatives and to ensure that the food is preserved for longer duration is expected to supplement the growth of the global liquid packaging cartons market over the forecast period.
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However, larger dominance of plastic packaging over other packaging materials is some of the key factors which are expected to limit the growth of global liquid packaging cartons market in upcoming years.
Key Players
Tetra Laval
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Reynolds Group Holdings
Comar
Wayerhaeuser
Liqui-Box Corporation
SIG Combibloc
Tri-Wall
Elopak
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global liquid packaging cartons market is segmented as follows:
By Product Type Market Size & Y-O-Y Growth Analysis
By Application Market Size & Y-O-Y Growth Analysis
By End User Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
For Table of Content & Free Sample Report Contact:
Name:-Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
Website:-www.researchnester.com
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