Liquid Packaging Cartons Market – Global Research Analysis, Trends, Competitive Share and Forecast 2018-2028
The global liquid packaging carton market is expected to reach $ XX billion in revenue by the end of 2018. During the forecast period 2018-2028, the global liquid packaging carton market is expected to grow at a Xx% CAGR. Growing consumer preference for packaged food and drink will continue to drive the market through the end of 2028.
Coupled with the increasing adoption of packaged food and beverage among consumers around the world, the recyclability of uncoated paperboard materials is expected to remain the major drivers of market growth during the forecast period. In addition, several governments around the world support beverage cartons, due to their ecological properties and low carbon footprint. Minimal storage, transport and waste will play a key role in promoting the use of cartons among beverage manufacturers. Convenient use and extended beverage shelf life are the main factors that are expected to continue to fuel consumer adoption of beverage cartons. Growth of over xx% in the global food retail industry is also a key driver that is catapulting the global liquid packaging carton market.
The superiority of glass containers and plastic packaging over liquid cartons in maintaining the original taste, prevention of contamination, accessibility, durability and reusability will remain long-standing challenges for the growth of cartons. liquid packaging in the world.
The major players in the global liquid packaging carton market include Elopak Inc., Evergreen Packaging Inc., IPI srl, Refresco Gerber NV, SIG Combibloc GmbH, Tetra Pak Inc., Weyerhaeuser Company, Nippon Paper Industries Co., Ltd, TidePak Aseptic Packaging Material Co., Ltd and Adam Pack sa
Request for sample report: https://www.trendsmarketresearch.com/report/sample/3418
On the basis of product type, the liquid packaging carton market is expected to experience the highest growth in the gable container segment, attributed to the increasing consumption of milk and other dairy products. The demand for profiled cartons is also expected to increase. Based on the type of opening, the twist opening segment will thrive considerably, due to the increasing need for a reclosable feature. Straw hole segment will create the most lucrative market for beverage cartons during the forecast period.
The global liquid packaging cartons market is expected to experience a CAGR of XX% during the forecast period 2018-2028. Asia-Pacific will remain a leading market, gaining 170 BPS and registering a CAGR of XX% by the end of 2028.
Depending on the type of material, the demand for aluminum in liquid packaging cartons is expected to increase, due to the increasing consumption of processed milk. Based on the application, the wine and spirits segment will register the highest CAGR by the end of 2028, compared to dairy products, juices and beverages.
Visit for more information: https://www.trendsmarketresearch.com/report/discount/3418
Depending on the region, Europe will remain the dominant market during the forecast period, followed by Asia-Pacific – primarily China and India. Europe will experience a decline of 220 BPS, while APAC is expected to grow by 170 BPS, with a healthy CAGR of xx% by the end of 2028. Market growth in the APAC region is attributed to increasing consumption of carton milk and packaged beverages – 1.6 times over the forecast period. Asia-Pacific will continue to be the primary manufacturer, exporter and consumer. APAC’s annual growth is expected to remain impressive at over 6% during the forecast period. The main importers of beverage cartons are Australia, ASEAN countries and Europe – led by France.