Liquid Packaging Cartons Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Consumer Preference for Sustainable and Attractive Packaging Drives Market Growth
The global liquid packaging cartons market is on a growth trajectory during forecast period. The market is expected to reach an estimated value of US$ 28 billion by the end of 2031, up from an estimated US$ 18.5 billion in 2024, according to a report by Fairfield Market Research.
Changing Consumer Preferences
Consumers, particularly the younger generation, are increasingly interested in packaging solutions that are both secure and visually appealing. The past decade has witnessed a significant increase in the consumption of liquid foods and beverages, driving the demand for effective packaging.
As environmental awareness grows and the harmful impact of plastic waste becomes evident, manufacturers are shifting towards sustainable materials. Uncoated paperboard cartons for liquid packaging are gaining popularity due to their ease of disposal and eco-friendliness.
Factors Driving Market Growth
The growth of the liquid packaging cartons market is propelled by several key factors:
• Use in the Food and Beverage Industry: Liquid packaging cartons are increasingly used in the food and beverage industry to track, preserve, and ensure the safe transit and storage of fast-moving consumer goods (FMCG). Shifting consumer preferences towards healthy ready-to-eat (RTE) options and on-the-go beverages are driving demand.
• Environmental Concerns: Environmentally friendly liquid packaging cartons are gaining prominence due to rising environmental concerns. Governments worldwide are implementing favorable regulations to encourage recyclable and sustainable packaging options, further boosting market growth.
• Alcohol Packaging: A rise in middle-income consumers has made alcohol more accessible. Liquid packaging cartons are expected to reduce packaging costs for alcoholic beverages compared to other hard packaging materials.
Recyclability Challenges
While liquid packaging cartons offer numerous benefits, recycling poses a challenge due to their multi-layer, multi-material composition. Separating closely laminated materials during recycling can be difficult. However, the longer shelf life and ease of reclosure offered by liquid packaging cartons are expected to drive consumption.
Country-wise Insights
• Strong Market Presence in the U.S.
The United States is set to maintain a significant market share in the global liquid packaging carton industry. Beverage producers in the country prefer liquid cartons due to the rising trend of takeout food and the demand for convenient packaging.
• India's Strategic Position in South Asia
India is emerging as a key market for liquid packaging containers, experiencing robust global growth. This growth is driven by factors such as the entry of major international companies, a rapidly expanding youthful population, and advancements in manufacturing capabilities.
• Russia's Impact on the European Market
Russia's substantial market presence in Europe is expected to grow steadily. Factors contributing to this growth include the expanding dairy industry in Russia and increased demand for protective packaging solutions.
• China's Role in Future Market Growth
China is poised to play a crucial role in the future growth of the global liquid packaging carton market. The country's rapid expansion can be attributed to its thriving industry, infrastructure development, and the availability of key raw materials.
Competitive Landscape
Market participants are diversifying their product offerings and using various strategies, including agreements, expansions, acquisitions, new product launches, and collaborations, to enhance their market presence.
Key Companies Profiled
• Elopak Inc.
• Evergreen Packaging Inc.
• Refresco Gerber N.V.
• SIG Combibloc GmbH
• Tetra Pak
• Nippon Paper Industries Co., Ltd
• TidePak Aseptic Packaging Material Co., Ltd
• IPI s.r.l.
• Adam Pack s.a.
• Mondi Ltd
• Uflex Ltd
• Greatview Aseptic Packaging Co., Ltd.
• Liqui-Box
• Lami Packaging (Kunshan) Co., Ltd.
• Polyoak Packaging Group (Pty) Ltd
• Others (on request)
Key Segments Covered in Liquid Packaging Cartons Industry Research
Liquid Packaging Cartons Market by Product:
• Brick Cartons
• Gable Top Cartons
• Shaped Cartons
Liquid Packaging Cartons Market by Material:
• Uncoated Paperboard
• LDPE Coated
• Aluminium
Liquid Packaging Cartons Market by Opening Type:
• Cut Opening
• Straw Hole Opening
• Clip Opening
• Twist Opening
• King Twist Opening
Liquid Packaging Cartons Market by Application:
• Dairy Products
Milk
Yoghurt and Butter Milk
• Juice and Drinks
Fruit Juice
Tea
Coconut Water
Carbonated Soft Drinks
• Industrial and Institutional
• Others Products
Liquid Packaging Cartons Market by Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East Africa
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