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Liquid Packaging Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

05-08-2017 07:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Polymers and Resins

Liquid Packaging Market - Global Industry Insights, Trends,

Liquid packaging is a packaging technology that is used to protect consumables such as food and liquids from contamination and damage during transport and storage. Liquid packaging helps in maintaining the freshness of the product, and plays a vital role in protecting the product from moisture. Also, it helps the product in improving the scuff, resistance to tear, and puncture resistance. Liquids and food products need to be packaged in tough materials with good seal integrity to avoid leakage, cracking, and degradation during transportation. Liquid and food products include dairy products, syrups, water, cooking oil, fruit juices, shampoos, grease, and motor oil. Liquid packaging offer better shell life, high recyclability, eco-friendliness, and are convenient to transport.

Various techniques such as aseptic liquid packaging, blow molding, and form fill seal technology are used to process liquid packaging materials.

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Liquid Packaging Market Taxonomy

On the basis of type of technique, the global market is segmented into:

Aseptic Liquid Packaging
Blow Molding
Form Fill Seal Technology

On the basis of Resins types, the global market is segmented into:

Low Density Polyethylene (LDPE)
High Density Polyethylene (HDPE)
Polypropylene
Polyethylene Terephthalate (PET)
Others

On the basis of Packaging types, the global market is segmented into:

Flexible Liquid Packaging
Films
Stand-Up Pouches
Bag-In-Box
Others
Rigid Liquid Packaging
Cartons
Brick Carton
Gable Top Carton
Shaped Carton
Paperboard
Plastics & PET Bottles
Glass
Cans
Others

On the basis of application, the global materials market is segmented into:

Food & Beverages
Dairy Products
Milk and Yogurt
Buttermilk
Others
Wine & Spirits
Juice & Drinks
Drinking Water
Fruit Juice
Tea
Coconut water
Carbonated Soft Drinks
Tomato Sauce
Others
Medical & Pharmaceutical
Cosmetics & Personal Care
Household
Industrial
Others

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Aseptic liquid packaging technique is the most widely used packaging technique. These types of packing are usually made of paperboards containing thin layers of aluminum and plastics. This packaging helps preserve food for long time without the need to add preservatives. Rigid liquid packaging type is extensively used in liquid packaging. It includes paperboard, cartons, cans, and PET bottles. Plastics & PET bottles are widely used in packaging of food & liquid products such as carbonated drinks, water, beverages, dairy products, and alcohol. Food & beverages is the largest end-use industry in liquid packaging market. This is due to the rising population in Asia-Pacific region, and rising disposable incomes in emerging economies such as Brazil, Mexico, China, and India. Rising consumption of packaged food in North America and Europe region is also the key factor driving the global liquid packaging market.

Liquid Packaging Market Outlook – Asia-Pacific is the largest, and fastest-growing region, globally

Asia-Pacific is the largest and fastest-growing region in the global liquid packaging market. According to EUSME Center— a European Union initiative that provides a comprehensive range of hands-on support services to European small and medium-sized enterprises (SMEs), getting them ready to do business in China—China continues to be the world’s largest consumer market for food and beverage (F&B) products, surpassing the U.S. in 2011. In 2015, food & beverages exports from Europe to China increased by 48%. In 2014, exports of dairy products from Europe grew by 11%. Growth of imported food & beverages products is driven by limited arable land, rising disposable income, water scarcity issues, improving logistics systems, increasing urbanization, and growing concerns for food safety. This in turn fuels growth of the liquid packaging market in Asia Pacific. In 2015, the Indian food processing industry accounts for 32% of the country’s total food market, and is one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth. It contributes around 14% of manufacturing Gross Domestic Product (GDP), 13% of India’s exports and 6% of total industrial investment. Indian food service industry is expected to reach US$ 78 billion by 2018. India's organic food market is expected to increase three times by 2020, as compared to 2015. Hence, there is a large demand for liquid packaging materials in Asia Pacific region, making it the largest and fastest-growing market for liquid packaging.

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Some of the major companies operating in the global liquid packaging materials market are 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 and Mondi Plc.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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