Press release
Liquid Packaging Cartons Market Business Analysis 2021-2026: Current Industry Trends, witness Highest Growing CAGR, New Developments, and Upcoming Technologies
The Global “Liquid Packaging Cartons Market” research includes market forecast information such as market revenue, manufacturer size, production and consumption ratios, as well as a CAGR value. The research discusses the most important market influencing variables, such as market growth, development status, and other industry-specific challenges. The Liquid Packaging Cartons market covers entire study patterns of the future market, as well as major driving elements. It also includes a detailed study of the top major players, as well as sector analyses.In accordance with the Liquid Packaging Cartons market is set to grow at a CAGR of 3.06% over the forecast period (2021-2026).
The Global Liquid Packaging Cartons market provides company profiles for main key players, as well as advancement trends, competitive landscape breakdowns, and important regional development status.
Major Players of the Liquid Packaging Cartons Market:
Elopak AS, Evergreen Packaging LLC, Greatview Aseptic Packaging Co. Ltd, Mondi PLC, Refresco Group N.V., SIG Global Pte. Ltd, Tetra Laval International SA, Nippon Paper Industries Co. Ltd, IPI S.r.l
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In liquid packaging cartons, three forms that dominate the market are brick-type cartons, gable-top cartons, and tetrahedron cartons. The popularity of cartons in the packaging industry is due to the economic advantage over other packaging types. The raw material used is inexpensive compared to other conventional packaging materials. Cartons can be easily collapsed to take up minimal space in shipment to the user. A carton as a primary packaging material protects a product. Additionally, it makes product handling easier, provides a surface that can be printed, and is attractively decorated to add aesthetic sales appeal to the product. Fruit juice is a rapidly growing beverage market segment, but most of these juices are prone to oxidation.
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Furthermore, the impact of COVID-19 is a worry. Since its breakout in December 2019, the COVID-19 virus has spread to over 100 nations, causing massive deaths and economic losses.
Asia-Pacific is Expected to Witness the Highest Growth
- The population of China and India dominates Asia-Pacific, and these two countries are witnessing an increase in disposable income and the constant growth rate. According to the National Bureau of Statistics of China, cow's milk production volume accounted for 32.01 million metric tons in 2019. India is the most significant contributor to milk production globally, with its volume reaching 187.7 metric tons in 2019 compared to 176.3 metric tons in 2018. All these factors would supplement the growth of the liquid packaging carton market in the region.
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Some Major Points from Table of Contents:
Chapter 1. Research Methodology & Data Sources
Chapter 2. Executive Summary
Chapter 3. Liquid Packaging Cartons Market: Industry Analysis
Chapter 4. Liquid Packaging Cartons Market: Product Insights
Chapter 5. Liquid Packaging Cartons Market: Application Insights
Chapter 6. Liquid Packaging Cartons Market: Regional Insights
Chapter 7. Liquid Packaging Cartons Market: Competitive Landscape
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