Liquid Packaging Carton Market, By Type (Refrigerated (Gable Top) Carton and Shelf-Stable (Aseptic) Carton) By Material (Polypropylene, Polyethylene, Paper, and Aluminum); By End-Use (Liquid Dairy Products, Non-Carbonated Soft Drinks, Alcoholic Drinks, Liquid Food, and Others) – Global Industry Insights, Trends and Forecast – 2017 To 2025

Created On: Jul-2018
Report ID: IR134
Format: PDF

Liquid Packaging Carton Market: Introduction

Liquid packaging cartons are used for the safer storage of liquid products by reducing the associated risk of damaging the product while transportation. The numerous types of liquid packaging cartons are used such as gable top and shelf stable cartons which facilitates the protection and strength to the products stored in cartons. Liquid products include edible liquids (fruit juices, soft drinks, water, dairy products) and non-edible liquids (fuels, cleaners and oils).  The type, material and size of packaging used, highly depends upon the products. The liquid packaging carton market is anticipated to grow at a significant CAGR over the forecast period, owing to the rising demand for the convenient products, coupled with the rising environmental concerns to avoid the use of plastic packaging.

Market Dynamics

The Liquid Packaging Carton Market is anticipated to witness growth due to rising number of brands, that emphasis on advancement in the liquid packaging cartons coupled with the increasing environmental concerns to avoid plastic packaging. For instance, the Tetra Pak Company, a leading player in the packaging and processing sector, invented the aseptic carton technology to increase the shelf life, is propelling the global liquid packaging carton market. Furthermore, consumers across the globe are highly adopting the liquid packaging cartons owing to its various properties such as biodegradable, recyclable and eco-friendly packaging. Thus, due to its properties the consumers and manufacturers are inclining towards liquid packaging carton over conventional packaging systems (glass, metal cans, plastic and others).

Segment Insights

Gable top is anticipated to dominate the global liquid packaging carton market over the forecast period owing to its various benefits such as eco-friendly, convenient in transportation and storage is fostering the market demand. This packaging type is widely used in storing various types of products such as yoghurt, health drinks, milk, alcohol and several others. Leading companies producing gable top includes Parksons Packaging, American Carton Company, Tetra Pak International S.A., Aseptic Packaging Material Co. Ltd. And several others.

Polyethylene Terephthalate (PET) segment is anticipated to be one of the major growing segments in the global liquid packaging carton market. The growth is majorly attributed to its recycling capabilities, fair moisture barrier, very light weight and several others.

Regional Insights

Asia Pacific is anticipated to witness significant growth during the forecast period owing to the shift towards recycled packaging materials in in the economies such as Thailand, China and India. Primarily, China is known for the largest packaged water market which is deviating from the use of the plastics to PET packaging. According to a report by Agriculture and Agri-Food Canada suggests that China’s bottled market valued at U.S. $16.4 billion in 2015. Therefore, it is anticipated that the region will witness significant demand for the liquid packaging carton over the forecast period.

North America is anticipated to hold the major share in the global liquid packaging market followed by Europe.  This region is the early adopter of the liquid packaging products owing to which the market is expected to witness substantial growth. Some of the major players in this region includes the Dow Chemical Company, American Carton Company and International Paper among others.

Competitive Landscape

The key players operating in the Liquid Packaging Carton Market TidePak Aseptic Packaging Material Co., Ltd., SIG Global, Tetra Pack Inc., Greatview Aseptic Packaging Co., Ltd, Refresco Gerber N.V. and several others. Various companies are focusing on product development and upgradation of the product to expand their global business. For instance, in 2017, New Convent Garden Soup Company launched the product range of Pure Pak diamond carton that facilitates the company growth by expanding the product portfolio. Moreover, to enhance the quality and hygiene levels, companies are improving their packaging quality. For instance, in, 2017, Malta Dairy products Ltd., had improved their brand, Benna, to offer fresh milk to their consumers in 500 ml and 1l cartons.

Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
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