Press release
Liquid Packaging Market to Witness Exponential Growth by 2024 - 2031 | The Dow Chemical Company, Smurfit Kappa
Market Overview:The liquid packaging market comprises packaging products such as cups, bottle, pouches and bags that are used for packaging of liquids and semi-liquid products across various industries including food & beverage, personal care, pharmaceutical and others. These packaging solutions provides protection and extends shelf life of liquid products during transportation and storage.
Market Dynamics:
The liquid packaging market is expected to witness significant growth driven by growing consumption of packaged beverages across the globe. Rapid urbanization and changing lifestyle have increased the on-the-go consumption habits among consumers which is increasing the demand for packaged beverages. This in turn is spurring the growth of liquid packaging market. Furthermore, increasing demand for single serving and personalized packaging is also contributing to the market growth. Manufacturers are increasingly focusing on developing innovative and sustainable packaging solutions such as bio-based packaging due to rising environmental concerns which is expected to provide lucrative opportunities for market players over the forecast period.
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Drive for Productivity and Cost Savings in Supply Chain Processes
A major driver for the liquid packaging market is the need for increased productivity and cost savings in supply chain processes across various industries. Efficient liquid packaging solutions allow companies to achieve higher throughput while reducing wastage during manufacturing, transportation, and storage of liquid products. Advanced liquid packaging formats like bag-in-box and aseptic cartons allow for compact packing and stacking, making it easier for companies to store and transport more units using less space. This significantly cuts down transportation and warehousing costs. Companies are also increasingly leveraging automated filling and sealing equipment that utilize liquid packaging to boost production speeds. Such equipment can fill and package several hundred units per minute, maximizing output. By streamlining supply chain inefficiencies, liquid packaging helps businesses lower operational expenses substantially.
Opportunity for Packaging with Improved Recyclability
Heightened environmental awareness among consumers and regulators alike has opened up opportunities for liquid packaging solutions with improved recyclability and sustainability. There is a growing demand for formats made using recycled resins, bio-based and biodegradable materials that cause less pollution. Innovation in material science and packaging engineering are leading to viable alternatives that are just as functional as traditional plastic but more eco-friendly. For example, flexible pouches or bags made of recyclable paper with high-barrier plastic lining. Carton packages layered with materials that can be separated and managed through existing recycling infrastructure more easily. Producers leveraging such green packaging techniques and communicating their benefits will gain competitive advantage. Companies prioritizing recyclability through new product design and recycling initiatives will capture more market share going forward.
Emergence of Aseptic Packaging Technology
Aseptic packaging technology is gaining popularity for liquid food and beverages due to the various advantages it offers over conventional packaging like glass bottles and metal cans. Aseptic packaging formats like cartons and pouches can be stored at room temperature for up to 6-9 months without refrigeration as they are sterilized and sealed under ultra-high temperature during production, preventing microbial contamination. This eliminates the need for expensive cooled warehousing and transport. Furthermore, aseptic containers are light in weight with minimal material usage, reducing resource consumption and carbon footprint. They also integrate easily into package forms suitable for on-the-go consumption. With aseptic filling lines becoming more affordable, even small to medium firms can leverage the technology for value-added products. Its cost competitiveness and green credentials are driving wider adoption across categories like milk, juice, sauce and more. Aseptic packaging will continue emerging as
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Top Companies Featured in This Report:
β The Dow Chemical Company
β Smurfit Kappa
β International Paper
β Tetra Pak International S.A.
β Nippon Paper Industries Co., Ltd.,
β Liqui-Box Corporation
β Tri-Wall Limited
β Evergreen Packaging
β Elopak Group
β BillerudKorsnas AB
β Mondi Plc.
Market Segmentation:
By Product Type:
β Aseptic Liquid Packaging
β Blow Molding
β Form Fill Seal Technology
β Low Density Polyethylene (LDPE)
β High Density Polyethylene (HDPE)
β Polypropylene
β Polyethylene Terephthalate (PET)
β Flexible Liquid Packaging
β Films
β Stand-Up Pouches
β Bag-In-Box
β Rigid Liquid Packaging
β Cartons
β Brick Carton
β Gable Top Carton
β Shaped Carton
β Paperboard
β Plastics & PET Bottles
β Glass
β Cans
β Others
By Applications:
β Food & Beverages
β Dairy Products
β Milk and Yogurt
β Buttermilk
β Wine & Spirits
β Juice & Drinks
β Drinking Water
β Fruit Juice
β Tea
β Coconut water
β Carbonated Soft Drinks
β Tomato Sauce
β Medical & Pharmaceutical
β Cosmetics & Personal Care
β Household
β Industrial
β Others
Key Regions/Countries Classified as Follows:
Β» North America (U.S., Canada, Mexico)
Β» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Β» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
Β» South America (Brazil, Argentina, Rest of SA)
Β» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
π What was the size of the Liquid Packaging Market in 2024, and what is the projected value by 2031?
π What is the present global market landscape for the Liquid Packaging Market?
π What strategies offer optimal opportunities for growth maximization in the business?
π What recent trends are shaping the Liquid Packaging Market?
π How does the market share of Liquid Packaging Market revenue, sales, and size vary across specific geographical regions?
π Who are the prominent industry players in the Liquid Packaging Market?
π Which segment of the Liquid Packaging Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Liquid Packaging sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
π Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/273
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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