Press release
Liquid Packaging Cartons Market witness highest growth in near future
Liquid Packaging Cartons Market
Liquid packaging cartons are mainly used to package the beverages and dairy products to ensure proper preservation, convenience, and others provide protection from damage. They are mostly made up of paperboard and aluminum and plastic products. These containers enable safe and easy transportation of liquid food products such as soft drinks and juices. Also, they prevent contamination and other damages to the liquid food product. These are highly in demand among manufacturer due to its various benefits such as maneuverability, recyclability, convenience, and eco-friendly nature. They are available in various shapes and size as per the application and also offer easy manufacturing as per the demand.
The global liquid packaging cartons market is projected to surpass US$ 16.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.9% during the forecast period (2020 to 2027).
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The global liquid packaging cartons market has witnessed significant growth in recent past years, owing to the rising demand for liquid packaging cartons from the food & beverage industry for dairy and other beverages] products. Furthermore, growing investments for research & development in production liquid packaging cartons products have led to the introduction of products with enhanced better durability. This scenario is expected to provide lucrative growth to the global liquid packaging cartons market over the forecast period.
Detailed Segmentation:
Global Liquid Packaging Cartons Market, By Product Type:
Brick Cartons
Gable Top Cartons
Shaped Cartons
Global Liquid Packaging Cartons Market, By Material Type:
Uncoated Paperboard
LDPE Coated
Aluminum
Global Liquid Packaging Cartons Market, By Opening Type:
Cut Opening
Straw Hole Opening
Clip Opening
Twist Opening
King Twist Opening
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Key companies covered as a part of this study includes Elopak Inc., Evergreen Packaging Inc., IPI S.R.L., Refresco Gerber N.V., SIG Combibloc GmbH, Tetra Pak Inc., Weyerhaeuser Company, Nippon Paper Industries Co., Ltd, TidePak Aseptic Packaging Material Co., Ltd, and Adam Pack S.A.
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