Brick Carton Packaging Market Forecasts to 2030 – Global Analysis By Material Type (Plastic, Paperboard and Aluminium), Type of Opening (Straw Hole, Cut, Clip and King Twist), End User and By Geography

Brick Carton Packaging Market Forecasts to 2030 – Global Analysis By Material Type (Plastic, Paperboard and Aluminium), Type of Opening (Straw Hole, Cut, Clip and King Twist), End User and By GeographyAccording to Stratistics MRC, the Global Brick Carton Packaging Market is accounted for $11.1 billion in 2023 and is expected to reach $17.3 billion by 2030 growing at a CAGR of 6.5% during the forecast period. Food, medication, hardware, and many other things can all be packaged in cartons, which are commonly composed of paperboard. Folding cartons are often rolled up into a tube at the factory and sent to the packager flat. The brick carton is a container composed of low-density polyethylene, paperboard, or metal. The product is shielded from external pollutants and moisture by the brick carton packing. Brick carton packaging also contributes to the product's increased shelf life.

According to Food Dive, 67% of customers worldwide believe it is critical that the items they buy come in recyclable packaging, with 54% indicating it is a factor they consider when purchasing. Also, 83% of younger buyers are prepared to spend more on products that are packed sustainably.

Market Dynamics:

Driver:

Fast-paced urbanization

The rapid urbanization of emerging nations, which encourages market development, is the driving force behind the need for packaged liquid products. In addition, the market for liquid packing cartons is expanding as a result of growing consumer spending and more disposable income. Making the switch to eco-friendly packaging provides a number of clear advantages for both customers and businesses. A conscientious consumer also makes intelligent decisions when making purchases and recognizes the political, social, and environmental impact of the things they use. Due to consumer demand for green packaging options, the market for liquid packaging cartons is also growing. The packaging business has the greatest environmental effect, which explains why. As a result, the need for green packaging solutions is driving the market's growth.

Restraint:

Limited applications

Brick carton packaging works well for liquid and semi-liquid items, although it might not be appropriate for all products. Because of its usage restrictions, its commercial potential is constrained. Due to their particular design, brick cartons are subject to various size restrictions. Their use may be limited for goods that need bigger or irregular package sizes as a result thus impeding the growth of the market.

Opportunity:

Reusable nature of packaging materials

The ability of the packaging material to be reused has an impact on the market's growth as well. The packing materials are also kept in use for a very long period. Over the course of the projected period, the need for reusable packaging materials will increase because in the e-commerce industry, packaged items must be protected from tampering or damage. In addition due to the increased demand for food and drink in emerging countries, the only option available to manufacturers since it is more reasonably priced which lowers the overall cost of production.

Threat:

Variations in the cost of raw materials

Due to fluctuations in the price of raw materials like cellulose fiber and wood pulp caused by a demand-supply imbalance, the growth of the brick carton packaging industry and the market for paperboard packaging is anticipated to suffer. The manufacturers' profit margins in the paper and paperboard packaging market are significantly reduced as a result of this aspect, which might impede the market's expansion during the projected period.

Covid-19 Impact

Contactless delivery has also become a new concept at COVID-19. Pioneers in ecological packaging, whose frictionless supply of letterbox- and climate-friendly flat wine bottles has seen a high demand, might adapt to these new norms. The requirement for glass vials or containers for storage has also grown as a result of the COVID-19 vaccines' quick manufacture. Because they are resistant to shocks and temperature fluctuations, the business claims that 90% of approved immunizations utilize their carton packaging thus enhancing the growth of the market.

The aluminium segment is expected to be the largest during the forecast period

The aluminium segment is estimated to have a lucrative growth, due to its recyclability endlessly without losing any quality. Aluminum is practical since it can be used as a cooking tray, evenly distributes heat, can withstand temperatures between -40°C and 350°C, and improves logistics owing to its lighter weight than plastic. Along with other industries like construction and transportation, the food industry has long utilized aluminum as a common commodity. Moreover, metallised packaging, also known as metallised PET, first became a significant rival to aluminum packaging a few years ago.

The food and beverage segment is expected to have the highest CAGR during the forecast period

There is a rise in the manufacturing of frozen items, the food and beverage category is predicted to see the highest CAGR growth over the course of the projected year. The same strength, moisture resistance, and durability of plastic may be achieved by paper alternatives employing sustainable strengthening techniques, such as water-based coatings. The pre-packaged food business is likewise phasing out plastic straws and cutlery in favor of paper- and wood-based substitutes. In addition, increasing youthful population and changes in lifestyle result in a greater demand for branded and packaged goods are enhancing the market.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the recent entry by major beverage firms into China and India's marketplaces has greatly improved sales for the Asia-Pacific liquid carton packaging industry. Another element driving up the need for liquid carton packaging is the growing use of packaged beverages by millennials, including dairy products, soft drinks, and juices. Favorable government initiatives to reduce carbon footprints and develop sustainable packaging have further enhanced the market for liquid carton packaging in the Asia-Pacific region.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, due to the liquid packing cartons may easily be made from natural textiles, which are widely accessible and are predicted to become more so in this region. Additionally, from the perspectives of producers and customers, liquid packing cartons are being employed more often in commercial and institutional contexts. Additionally, the U.K. Brick Carton Packaging market grew at the highest rate in the European area, with the German Brick Carton Packaging market having the greatest market share.

Key players in the market

Some of the key players profiled in the Brick Carton Packaging Market include Amcor Limited, Elopak S.A, International Paper, Lami Packaging (Kunshan) Co. Ltd., Mondi Limited, Nampak Limited, Nippon Paper Industries Co. Ltd., Polyoak Packaging Group (Pty) Ltd., Refresco Gerber B.V., Reynolds Group Holdings, Saxon Packaging Limited, Sealed Air, Shanghai Skylong Aspetic Package Material Co., Ltd., SIG Combibloc Obeikan Company Limited, Smurfit Kappa and Tetra Pak International SA

Key Developments:

In July 2023, Amcor launches AmFiber™ Performance Paper in Latin America; AmFiber™ Performance Paper packaging is now available to customers in Latin America seeking a high barrier, recyclable paper-based packaging solution.

In June 2023, Britvic launches Robinsons super strength squash in Pure-Pak® cartons, Robinson’s super strength squash is the first in the dilutable category to choose cartons in the UK- opening up a new market for Elopak in this category and region.

In May 2023, Amcor, Delterra, Mars and P&G form strategic partnership to tackle plastic waste & develop circular economy these global leaders will work together to scale upstream and downstream solutions for a circular plastics economy, jointly committing $6 million USD over five years.

Material Types Covered:
• Plastic Brick Carton Packaging
• Paperboard Brick Carton Packaging
• Aluminium Brick Carton Packaging

Type of Openings Covered:
• Straw Hole
• Cut
• Clip
• Twist
• King Twist

End Users Covered:
• Chemicals
• Cosmetics
• Food & Beverage
• Nutraceutical
• Pharmaceutical
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements