Liquid Packaging Cartons Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030

The global liquid packaging cartons market is estimated to grow at a CAGR of 5.0% during the forecast period. Inclination towards highly sustainable packaging is a key factor contributing to the growth of the market. Cartons provide higher sustainability compared to plastic alternatives. Folding cartons can recycle easily by reprocessing in a mill, where the fibres are separated. Later, recovered fibre is utilized to produce carton board or another paper or board product. In Europe, nearly 60% of cartons are produced from recycled carton board. Carton packaging using wood fibres are recyclable multiple times. Therefore, it is a highly sustainable option for food and beverages packaging.

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Some food and beverage companies that are significantly using carton packaging for their beverages include Arla Foods and Amul. Apart from major beverage manufacturers, start-ups are also implementing carton packaging for their beverages. For instance, in October 2019, a UK start-up, Drinks Cubed Ltd. introduced its new premium mineral water, DRINKS3 in SIG's unique combidome carton bottle with SIGNATURE packaging material. This carton package incorporates the superior features of a carton package, as it is completely recyclable, particularly designed from Forest Stewardship Council (FSC) certified paperboard and offers the superior CO2 performance than other beverage packaging solutions on the market. Drinks Cubed Ltd. also offers WATER3 that also uses SIG's SIGNATURE packaging material, is a better alternative to plastic packaging.

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Scope of the Global Liquid Packaging Cartons Market

Market Coverage

Market number available for 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Carton Type and Application
Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World.
Competitive Landscape- Tetra Laval International S.A., Reynolds Group Holdings Ltd., SIG Combibloc Group Ltd., Smurfit Kappa Group, and Nippon Paper Industries Co., Ltd.
Recent Strategic Initiatives in the Global Liquid Packaging Cartons Market

In June 2019, NESTLÉ introduced Ready-to-Drink subscription service in the Philippines. This will allow consumers to return their utilized beverage cartons through partner upcycling facility of NESTLÉ, which in turn, will widen their useful life.
In June 2019, LBP Manufacturing LLC (LBP) declared that it has acquired Union Packaging, a manufacturer of chicken nugget boxes, fry cartons, and other paper-based packaging products to national quick-service restaurants (QSRs). LBP is a producer of innovative and sustainable food and beverage packaging. This acquisition will further increase product offerings of LBP to offer customers with a complete range of corrugated packaging and folding carton solutions.

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in base year?
Which segment/region will project fastest growth in the market?
How COVID-19 impacted the market?
Recovery Timeline
Deviation from pre-COVID forecast
Most affected region/segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global 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

Global Liquid Packaging Cartons Market- Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
The Middle East and Africa

Company Profiles

Adam Pack S.A.
Atlas Packaging
BillerudKorsnäs AB
Carton Service, Inc.
CSi packaging
Dai Nippon Printing Co., Ltd.
Elopak AS
Greatview Beijing Trading Co., Ltd.
Huhtamäki Oyj
IPI Srl
Liquibox Corp.
Mondi plc
Nampak Ltd.
Nippon Paper Industries Co., Ltd.
Parksons Packaging Ltd.
Qingzhou Heli Packaging New Material Co., Ltd.
Stora Enso Oyj
Tetra Laval International S.A.
Tri-Wall Ltd.
WestRock Group

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