Press release
Liquid Packaging Market Set for Explosive Growth 5.2% CAGR 2024 - 2031 | The Dow Chemical Company, Smurfit Kappa
Liquid Packaging Market
Liquid packaging products such as cartons, bottles, pouches, cans and other containers are used for packaging liquids such as milk, juices, alcohol, cooking oils and others. They provide convenience in use, handling and storage of liquid products.
Market Dynamics:
The growth of the global liquid packaging market is driven by the rising demand for convenience food and beverage products attributable to changing lifestyles and busy schedules. Liquid foods such as milk, juices and liquid snacks in aseptic cartons provide high convenience for on-the-go consumption. Moreover, the market is also gaining traction due to increasing health-consciousness among consumers. Liquid milk alternatives made from soy, almonds and others are finding higher demand due to perceived health benefits over dairy milk.
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The market is also driven by the rising consumption of bottled water attributable to increasing health awareness regarding water quality and purity. Moreover, the market growth is supported by technological advancements in liquid packaging such as aseptic technology and lightweight plastic bottles with recyclable properties.
Increasing demand for convenience food is boosting the growth of liquid packaging market
The fast paced lifestyle and growing consumption of ready-to-eat meals has increased the demand for packaged food and beverages. Convenience is one of the major factors driving the sales of packaged food products. Liquid packaging plays a vital role in preserving and extending the shelf life of beverages and liquid food products. Cartons, bottles, pouches and other types of liquid packaging allows manufacturers to offer convenient packaging solutions to consumers. The use of aseptic liquid packaging especially polyethylene terephthalate (PET) bottles and cartons has grown significantly owing to the longer shelf life they provide without any preservatives. Liquid food products such as soups, sauces and dairy products are increasingly being offered in aseptically packaged formats. Developments in packaging materials and formats have enabled liquid packaging to cater to the demand for convenient on-the-go consumption.
Shifting focus towards sustainable and recyclable liquid packaging presents lucrative opportunities
Manufacturers are gaining opportunities by catering to the growing consumer demand for sustainable and eco-friendly liquid packaging solutions. Major brands are focusing on replacing virgin plastic with recycled resins in their packaging lines. Innovations in packaging materials such as development of recyclable aluminum packages, paper-based laminates, bioplastics etc have unlocked new market expansion opportunities. Partnerships with recycling organizations help liquid packaging producers to strengthen their supply chain of recycled raw materials and boost their sustainability credentials. Offering packaging that can be recycled through existing recycling streams is a key business differentiator. Companies investing in packaging design innovations facilitating high recycling rates will be well placed to tap into the market potential arising from the shift towards the circular economy business models. Transition towards more sustainable packaging presents lucrative growth prospects for liquid packaging producers in the coming years.
Rise of e-commerce is amplifying the demand for single serve and flexible liquid packaging formats
E-commerce has profoundly influenced consumer shopping habits and distribution channels over the past decade. The proliferation of online retail platforms has boosted demand for single-serve and flexible liquid packaging suitable for shipping and delivery of products directly to consumers' doorsteps. Single-portion sachets, stand-up pouches and bags allow packaging products in right-sized formats for smaller households. The formats are preferred by online retailers and direct-to-consumer brands for their compact size and leak-proof design suitable for shipping. Advances in spouted and easy-open designs further enhance the consumer experience of flexible liquid packaging. Their space efficiency, lightweight properties and excellent barrier qualities have helped flexible liquid packaging gain popularity in catering to the unit packaging needs of e-commerce retailers. Overall, flexible liquid packaging solutions are effectively riding on the e-commerce revolution and will continue to amplify their demand in the coming years.
Top Companies Included in This Report:
★ The Dow Chemical Company
★ Smurfit Kappa
★ International Paper
★ Tetra Pak International S.A.
★ Nippon Paper Industries Co., Ltd.,
★ Liqui-Box Corporation
★ Tri-Wall Limited
★ Evergreen Packaging
★ Elopak Group
★ BillerudKorsnas AB
★ Mondi Plc.
Market Segmentation:
Based on Product Type:
★ Aseptic Liquid Packaging
★ Blow Molding
★ Form Fill Seal Technology
★ Low Density Polyethylene (LDPE)
★ High Density Polyethylene (HDPE)
★ Polypropylene
★ Polyethylene Terephthalate (PET)
★ Flexible Liquid Packaging
★ Films
★ Stand-Up Pouches
★ Bag-In-Box
★ Rigid Liquid Packaging
★ Cartons
★ Brick Carton
★ Gable Top Carton
★ Shaped Carton
★ Paperboard
★ Plastics & PET Bottles
★ Glass
★ Cans
★ Others
Based on Applications:
★ Food & Beverages
★ Dairy Products
★ Milk and Yogurt
★ Buttermilk
★ Wine & Spirits
★ Juice & Drinks
★ Drinking Water
★ Fruit Juice
★ Tea
★ Coconut water
★ Carbonated Soft Drinks
★ Tomato Sauce
★ Medical & Pharmaceutical
★ Cosmetics & Personal Care
★ Household
★ Industrial
★ Others
Key Regions/Countries Classified as Follows:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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Latest Trends in the Navigation Liquid Packaging Market:
Surging Demand: Witness a rising demand for navigation Liquid Packaging owing to the escalating usage of GPS-enabled devices and the imperative for precise, up-to-date mapping data.
Innovations in Technology: Witness the emergence of novel technologies aimed at enhancing the precision and dependability of navigation Liquid Packaging, encompassing real-time traffic updates, 3D mapping, and augmented reality.
Tailored Solutions for Diverse Industries: Companies are tailoring navigation Liquid Packaging solutions to cater to the distinct requirements of various sectors such as automotive, aviation, and maritime.
Fusion with Emerging Technologies: Observe the integration of navigation Liquid Packaging with cutting-edge technologies like artificial intelligence and the Internet of Things, facilitating the provision of advanced functionalities.
Rise of Mobile Applications: Experience the proliferation of navigation Liquid Packaging in the form of mobile applications, offering enhanced convenience and accessibility to users.
Emphasis on Environmental Sustainability: Witness the development of navigation Liquid Packaging systems that consider environmental factors such as traffic congestion and air quality, fostering the provision of sustainable transportation alternatives.
Report Highlights:
Evaluation of Navigation Liquid Packaging Market Share at Country and Regional Levels.
Strategic Landscape Analysis, Highlighting Key Trends.
Examination of Navigation Liquid Packaging Market Trends, Including Product and Technological Insights, Drivers and Constraints, and PORTER's Five Forces Analysis.
Strategic Recommendations for Key Business Segments Based on Market Assessments.
Guidance Tailored for New Entrants.
Market Forecasts for All Identified Segments, Sub-segments, and Regional Markets in the Navigation Liquid Packaging Sector.
Frequently Asked Questions (FAQs) for Global Navigation Liquid Packaging Market Research:
What is the duration of this market study?
What are the critical factors that companies should prioritize when entering the Navigation Liquid Packaging market?
What is the growth rate of the Navigation Liquid Packaging Market?
What is the current size of the Navigation Liquid Packaging Market?
Which region demonstrates the highest growth rate in the Navigation Liquid Packaging Market?
Which region commands the largest share in the Navigation Liquid Packaging Market?
Who are the key players operating in the Navigation Liquid Packaging Market?
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