Press release
Liquid Packaging Cartons Market 2023 - Top Manufacturers, Latest Trends, Future Prospects and Forecast 2030
As per the report published by The Brainy Insights, the global liquid packaging cartons market is expected to grow from USD 13.61 billion in 2021 to USD 21.38 billion by 2030, at a CAGR of 5.15% during the forecast period 2022-2030. North America region emerged as the largest market for the global liquid packaging cartons market, with a 47.22% share of the market revenue in 2021. The rise in the customer demand for ready-to-transport and suitable goods is propelling the market's growth during the forecast period in this region. Moreover, the increasing emphasis on bio-based slip additives in the country, growth in e-commerce activities & food delivery services, and the expansion in demand for FMCG are also helping to drive the market growth during the forecast period in this region. In addition, the Asia Pacific region is expected to show the fastest CAGR growth over the projection period due to the increasing disposable incomes. Further, increasing customer awareness about highly sustainable packaging also helps drive market growth.Request sample copy of this report at: https://www.thebrainyinsights.com/enquiry/sample-request/12775
Liquid Packaging Cartons Market Size by Type (Gable-Top Liquid Carton, Brick Liquid Carton, and Shaped Liquid Carton), Application (Juice, Dairy Products, and Others), Shelf Life (Long Term Shelf Life and Short Term Shelf Life) Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030
Leading companies in the industry include Tetra Pak International S.A., SIG Combibloc Group Ltd., Elopak Inc., Refresco Gerber N.V., Greatview Aseptic Packaging Co., Ltd, Adam Pack s.a., Liqui-Box, Pactiv Evergreen Inc, Mondi Ltd, Tetra Pak International S.A., Mondi Ltd, Nippon Paper Industries Co., Ltd, and Uflex Ltd, and among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.
The type segment is divided into gable-top liquid carton, brick liquid carton, and shaped liquid carton. The brick liquid carton segment led the market with a market share of 40.21% in 2021. This growth is attributed to the rise of e-commerce enterprises and the longer shelf life of the products.
The application segment is divided into juice, dairy products, and others. The dairy products segment led the market with a market share of 43.06% in 2021. This growth is attributed to the rising demand for flavored milk.
The shelf life segment is divided into long-term shelf life and short-term shelf life. The long-term shelf life segment led the market with a market share of 56.12% in 2021. This growth is attributed to the flexibility of liquid packaging cartons packaging. Also, the long shelf life cartons are made of aluminum, paperboard, and polyethylene.
Read complete report at: https://www.thebrainyinsights.com/report/liquid-packaging-cartons-market-12775
The rising demand for eco-friendly packaging from the liquid food product manufacturers is propelling the liquid packaging cartons market's growth. Further, the increasing preference for packaged milk, juices, and soft drinks, the growing use of dairy products in the Asia Pacific region, and the recyclable nature of carton boxes also boost the growth of the liquid packaging cartons market.
About the Brainy Insights:
The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.
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