Liquid Packaging Cartons Market Segmented By Brick Cartons, Gable Top Cartons, Shaped Cartons Product with Uncoated Paperboard, LDPE, Coated Aluminum Material Type
Industry: Consumer Goods
Published Date: December-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 300
Report ID: PMRREP3052
The global liquid packaging cartons market is projected to expand at ~5.1% CAGR and reach ~US$ 28,935.7 Mn by the end of 2033, up from its estimated market size of ~US$ 17,595.7 Mn by 2023.
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Details |
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Global Liquid Packaging Cartons Market Size (2022A) |
US$ 16,694.2 Mn |
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Global Liquid Packaging Cartons Market Size (2023E) |
US$ 17,595.7 Mn |
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Projected Sales of Liquid Packaging Cartons Market (2032F) |
US$ 28,935.7 Mn |
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Value CAGR (2023 to 2033) |
~5.1% |
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Collective Value Share: Top 3 Countries (2022) |
~34.0% |
Consumers, particularly young people, are becoming more and more interested in packaging options that are both secure and have a pleasing appearance. Compared to the previous decade, a dramatic increase in the number of persons consuming liquid foods and beverages everyday has been seen.
Manufacturers are now required to utilise sustainable materials that don't include dangerous pollutants like plastic waste due to increased awareness of environmental issues and the damaging impacts of plastic on the ecosystem. As a result of their simplicity in disposal, uncoated paperboard cartons for liquid packing are becoming increasingly popular.
From 2017 and 2022, liquid packaging cartons were mostly used as a part of daily supplies, more so in developed countries such as the U.S., Canada, Italy, and U.K., who held a major market share. The global market witnessed growth at ~4.4% CAGR during the historic period.
The term "liquid packing cartons" refers to rigid, multi-ply paperboard containers that are frequently used for the packaging and secure delivery of a variety of food and beverage products. They are adaptable, light, recyclable, affordable, and environmentally friendly. The shelf life of the product is increased by the liquid packing cartons' guarantee of content preservation and protection from outside pollutants. They are currently offered commercially in a variety of forms, including brick-shaped and gable-top liquid packaging boxes.
One of the main drivers propelling market expansion is the increasing use of liquid packaging cartons in the food and beverage (F&B) industry for tracking, conserving, and assuring the safe transit and storage of fast moving consumer goods (FMCG). As a result of growing health awareness and demanding work schedules, consumers' shifting preferences for healthy ready-to-eat (RTE), on-the-go drinks, and dietary supplements are functioning as another growth-inducing element.
Additionally, the emergence of environmentally friendly liquid packaging cartons as a result of rising environmental concern is fostering market expansion. This is further backed up by governments from different countries putting favourable regulations into place to encourage the use of recyclable and sustainable packaging options, which is accelerating market expansion.
A rise in middle-income customers has made alcohol more accessible to consumers, while population expansion has led to an increase in sales of premium and ultra-premium alcohol brands. Compared to other hard packaging, a significant portion of alcohol is packaged in glass. Alcoholic beverage packaging costs are anticipated to decrease with the adoption of liquid packaging cartons.
Manufacturers of liquid packing cartons can access the homecare products industry by offering simple handling and eco-friendly packaging options.
Depending on the packing layers used to create aseptic cartons, liquid packaging cartons are typically composed of around 75% paperboard, 20% plastic, and 5% aluminium. 20% polyethylene and 80% paperboard make up chilled cartons.
Due to the fact that liquid packing cartons are a multi-layer, multi-material packaging solution, recycling of such packaging is a growing concern for both major companies and end users. During recycling, it might be difficult to separate materials that are closely laminated. Because of this, some end customers continue to choose full plastic packing formats. This might reduce the demand to some extent for liquid packaging cartons.
However, because consumable products have a longer shelf life and there is less chance of contamination because liquid packaging cartons are simple to reclose after use, consumption of these containers is expected to rise more quickly than in the previous ten years.
What Makes the U.S. an Important Market for Liquid Packaging Carton Suppliers?
The U.S. is forecasted to hold almost ~22.1% of the global market share in 2021. Liquid cartons are the most popular option for beverage producers due to the rising takeout food trend and desire for easy packaging.
The country's growing working-class population is expecting packaging that is convenient to handle and has a pleasing appearance. Carton-style liquid packing satisfies each of these requirements. The United States market is anticipated to grow at a CAGR of 3% over the next ten years.
According to the United States Environment Protection Agency, in the year 2018, the total recycling rate for paper and paperboard packaging in the U.S. was 80%. A major part of this recycled material consisted of liquid packaging cartons. This highlights the sustainable practices done by liquid packaging carton manufacturers, resulting in growth and expansion of the market.
Why is India the Most Important Market for Liquid Packaging Containers in the South Asian Region?
India is predicted to grow and be the second-fastest growing market across the globe. With a CAGR of over ~7.5%, India is the South Asia’s fastest-growing nation because of the entry of major international companies, the rapidly expanding youth population, and changes in manufacturing capabilities since a few years ago.
A further benefit for manufacturers of liquid packing cartons is the government initiatives encouraging businesses in developing sustainable packaging solutions.
The FMCG (Fast Moving Consumer Goods) segment is India's fourth-largest segment, according to the Indian Brand Equity Foundation, making India a developing market for most popular packaging options, including liquid packaging cartons is the regions one of the most prominent goals.
What is the Impact of Russia on the European Market for Liquid Packaging Cartons?
With a significant market share of more than ~20% in the European area, Russia is anticipated to expand at a CAGR of ~5.0% over the course of the projection period. Both the country's dairy industry and the demand for packaging options that protect products from the outside environment are expanding quickly.
The country's growing youth population is also contributing to an exponential rise in the consumption of carbonated soft drinks and juices.
Why is China an Important Country for Future Growth of the Liquid Packaging Cartons Market?
China is anticipated to increase at an annual growth rate of more than ~8.3%, making it the country with the quickest pace of development for the liquid packaging carton market worldwide.
The market is expanding thanks to the industry's rapid growth and infrastructure development. Paper and paperboard are a key raw material used to make liquid packaging cartons. China has a significant market for liquid packaging cartons due to the introduction of new market participants and the expansion of existing companies.
Which Type of Liquid Packaging Carton is Most Preferred by Consumers Worldwide?
The market for brick cartons is projected to increase at about ~6.0% CAGR throughout the forecast period. Juices, milk, and other liquid meals can be packaged in tamper-proof brick cartons.
These containers extend the product's shelf life and protect it from the damaging outside environment. Because brick cartons are so widely used around the world, manufacturers and end users will see profitable growth prospects over the short and long terms.
Why are Industrial and Institutional Application of Liquid Packaging Cartons Important for Future Growth?
Liquid packing cartons are predicted to be used in more industrial and institutional settings over the next ten years, with a CAGR of about ~5.0%. There are many applications for liquid packing cartons in businesses, from packaging finished items to supplying raw chemicals like oil and lubricants.
Liquid packaging cartons are the preferred packaging option for industrial and institutional use because of their strength and durability.
Which Material is Most Widely Used for Making Liquid Packaging Cartons?
Currently, uncoated paperboard material has a significant market share of about ~76.0%. Due to its sustainability and recyclable qualities, uncoated paperboard has been the most popular raw material for decades.
Uncoated paperboard is nearly universally the material of choice for liquid packaging carton among both manufacturers and customers.
The market participants for liquid packaging cartons are working to diversify their product offerings. Top companies also use agreements, expansions, acquisitions and mergers, new product launches, and partnerships and collaborations to increase their market share.
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2017-2022 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Customization & Pricing |
Available upon Request |
Liquid Packaging Cartons Market by Product:
Liquid Packaging Cartons Market by Material:
Liquid Packaging Cartons Market by Opening Type:
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The global liquid packaging cartons market reached a valuation of US$ 16,694.2 Mn at the end of 2022.
Between 2017 and 2022, global sales of liquid packaging cartons increased at ~4.4% CAGR.
North America leads the global market and accounted for highest share of ~26.2% in 2022.
Some of the leading manufacturers of liquid packaging cartons are 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., and Polyoak Packaging Group (Pty) Ltd among others.
The global market for liquid packaging cartons is expected to expand at ~5.1% CAGR through 2033.
