Liquid Packaging Carton Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Liquid Packaging Carton Market
The Liquid Packaging Carton Market size was valued at USD 25.38 billion in 2022 and is projected to be USD 26.66 billion in 2023 to USD 39.27 billion by 2030, exhibiting a CAGR of 5.69% during the forecast period of 2024-2032.
The COVID-19 pandemic disrupted the liquid packaging carton market by causing transient plant shutdowns and supply chain interruptions. As many countries imposed lockdowns, production slowed, and consumer demand fluctuated. However, the market rebounded as purchasers shifted in the direction of packaged liquids and shelf-solid merchandise like milk and juices, making sure safer consumption and longer shelf lifestyles. These shifts bolstered the marketplace's recuperation trajectory, mainly for aseptic packaging that preserves freshness without refrigeration.
A key fashion riding the liquid packaging carton marketplace is the growing adoption of green solutions. With growing environmental focus, producers are specializing in recyclable and biodegradable materials. Government regulations promoting sustainable packaging have in addition accelerated this shift, encouraging corporations to replace plastic with paper-based cartons. This trend aligns with consumers' growing preference for sustainable products, fostering lengthy-term marketplace growth.
Rapid urbanization, mainly in Asia-Pacific, is a primary using pressure in this market. The developing population in city areas has caused better demand for packaged liquids and dairy products, supported by means of changing consumer lifestyles and higher disposable incomes. As more human beings are seeking for comfort in food and beverages, liquid cartons offer a realistic answer, propelling marketplace growth in each developed and rising regions.
Comprehensive Analysis of Liquid Packaging Carton Market
The Liquid Packaging Carton Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type, by shelf life, by application. By Type include Brick Liquid Cartons, Gable Top Liquid Cartons, Shaped Liquid Cartons. By Shelf Life include Short Term Shelf Life, Long Term Shelf Life. By Application include Dairy Products, Wine and Spirits, Juices and Drinks ,Others.
The Asia Pacific location lead the Liquid Packaging Carton Market share percentage via benefitting a marketplace size of USD 9.70 billion Dairy, food & beverage, and still drinks industries in Asia Pacific are bolstering, which is driving the global liquid packaging carton market share.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
October 2023 – SIG announced the launch of the uniquely special on-the-move carton bottle SIG DomeMini. The small-size carton percent gives all the comfort of a plastic bottle and the sustainability benefits of a carton %.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2017-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2017-2021
Growth Rate CAGR of 5.69% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Type, Shelf Life, Application, and Region
Segmentation By Type
Brick Liquid Cartons
Gable Top Liquid Cartons
Shaped Liquid Cartons
By Shelf Life
Short Term Shelf Life
Long Term Shelf Life
By Application
Dairy Products
Wine and Spirits
Juices and Drinks
Others
By Region
North America (By Type, Shelf Life, Application, and Country)
U.S. (By Type)
Canada (By Type)
Europe (By Type, Shelf Life, Application, and Country)
Germany (By Type)
U.K. (By Type)
France (By Type)
Spain (By Type)
Italy (By Type)
Russia (By Type)
Poland (By Type)
Romania (By Type)
Rest of Europe (By Type)
Asia Pacific (By Type, Shelf Life, Application, and Country)
China (By Type)
India (By Type)
Japan (By Type)
Australia (By Type)
Southeast Asia (By Type)
Rest of Asia Pacific (By Type)
Latin America (By Type, Shelf Life, Application, and Country)
Brazil (By Type)
Mexico (By Type)
Argentina (By Type)
Rest of Latin America (By Type)
Middle East & Africa (By Type, Shelf Life, Application, and Country)
Saudi Arabia (By Type)
UAE (By Type)
Oman (By Type)
South Africa (By Type)
Rest of the Middle East & Africa (By Type)
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