Press release
European Liquid Packaging Cartons Market Trends, Size, Competitive Analysis and Forecast - 2020-2026
European liquid packaging cartons market is estimated to grow at a CAGR of 4.7% during the forecast period. Rising consumer's preference for highly sustainable packaging is contributing to the demand for beverage cartons. European consumers are highly aware of sustainable packaging solutions. Most of the European consumers demand on-pack information that highlights eco-friendly packaging content. They are ready to pay for highly recyclable products. Therefore, European packaging manufacturers are focusing on the development of carton packaging that is more recyclable than plastics packaging. The Alliance for Beverage Cartons and the Environment (ACE) beverage carton members such as Elopak, Tetra Pak, and SIG Combibloc produce more than 95% of beverage cartons in Europe.A full Report of European Liquid Packaging Cartons Market is Available at: https://www.omrglobal.com/industry-reports/european-liquid-packaging-cartons-market
These companies develop, manufacture, and market systems for the processing, packaging and distribution of food and manufacture packaging material at 20 European plants. A comprehensive range of paperboard used by these manufacturers for Europe is developed at 1 of the 4 paper mills in Sweden or Finland, owned by additional members of ACE, BillerudKorsnäs and Stora Enso. All over the life-cycle of its products, the beverage carton industry has a role in waste prevention. They are protecting food against wastage and commitment to the recovery and recycling of beverage cartons after consumption.
UK food and beverage sectors are getting stricter on the use of single-use plastics. For instance, the UK’s largest food manufacturers, supermarkets, and processors from Aldi and Lidl to PepsiCo, Nestle, and Unilever revealed promise to overhaul their practices and public concern for plastic waste is having on businesses practices in the UK. These companies are planning for avoiding the use of single-use plastics, which is a burden for the environmental and human health. As a result, the liquid packaging cartons market is expected to witness significant growth in Europe.
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Scope of the European Liquid Packaging Cartons Market
Market Coverage
• The market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Carton Type and Application
• Countries Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
• Competitive Landscape- SIG Combibloc Group Ltd., Tetra Laval International S.A., Elopak AS, Smurfit Kappa Group, and Huhtamäki Oyj
Recent Strategic Initiatives in the European Liquid Packaging Cartons Market
• In June 2020, Elopak launched Pure-Pak Imagine, its most eco-friendly carton. This carton is an advanced version of Elopak original Pure-Pak carton, developed with an easy-open feature. It has no plastic screw cap and is 100% forest-based produced from Natural Brown Board. It is completely renewable and carbon-neutral, which creates a suitable low carbon, circular economy approach.
• In January 2019, Tetra Pak declared that it would offer new levels of flexibility and customization with digital printing technology. It will become the first company in the food and beverage carton industry that offers full-color digital printing on its carton packages, working in partnership with Koenig & Bauer, which is engaged in this field and based in Germany. With digital printing, beverage brands can explore additional benefits such as the ability to include a range of designs in the same order and dynamic on-package printing. Therefore, the trend towards digital cartons is expected to offer an opportunity for the liquid packaging cartons market.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
European Liquid Packaging Cartons Market-Segmentation
By Carton Type
• Brick Cartons
• Tetrahedron Cartons
• Gable Top Cartons
By Application
• Milk
• Juices
• Liquid Foods
• Energy and Soft Drinks
• Others
European Liquid Packaging Cartons Market– Segment by Country
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Company Profiles
• Adam Pack S.A.
• AR Packaging
• Atlas Packaging
• BillerudKorsnäs AB
• Elopak AS
• Huhtamäki Oyj
• Mondi plc
• Nampak Ltd.
• Refresco Group
• SIG Combibloc Group Ltd.
• Smurfit Kappa Group
• Stora Enso Oyj
• Tetra Laval International S.A.
• Tri-Wall Ltd.
• VPK Packaging Group
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-liquid-packaging-cartons-market
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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