Liquid Packaging Carton Market size forecast to reach $21.23 billion by 2025


Posted August 11, 2020 by Blessy_Joy

Liquid Packaging Carton industry is projected to augment due to beverages industry as they provide secure transportation and storage facility for liquid products.

 
Liquid Packaging Carton Market size is forecast to reach $21.23 billion by 2025, after growing at a CAGR of 5.6% during 2020-2025. Liquid Packaging Carton industry is projected to augment due to beverages industry as they provide secure transportation and storage facility for liquid products. Liquid packaging carton also protect the both nutritional value and the taste of the products inside. 

Key Takeaways
APAC dominates the Liquid Packaging Carton market owing to increasing demand from beverages sector in the region.  
The growth in the APAC region is also supported by demand for environmental liquid packaging carton.  
The growing inclination of the general population towards packaged food and drinks is another factor supporting the growth of liquid packaging carton. 
The market drivers and restraints have been assessed to understand their impact over the forecast period. The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. 
The other key areas of focus include the various applications in Liquid Packaging Carton Market and their specific segmented revenue. 

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Geography - Segment Analysis
 
APAC dominates the Liquid Packaging Carton market with a share of more than 41%, followed by North America and Europe. Population growth in the Asia-Pacific region, increase in disposable income and stable economic growth will drive the growth of the liquid carton packaging industry. Emerging markets like China and India are expected to show the highest demand for environmental liquid carton packaging. India is the developing country, and the rise in paper cardboard was observed due to factors such as the rising FMCG as well as the food and beverage industry. The Indian government also supports this because plastic carry bags are prohibited in India. 

Drivers – Liquid Packaging Carton Market
Demand for environmental friendly packaging carton will drive the Liquid Packaging Carton market:
Consumers looking for environmentally friendly packaging solutions are expected to be a driving force in the demand for liquid packaging cartons. In addition, the recyclability of carton products decreases urban waste and long-term manufacturing costs. This liquid packaging strategy has also been improved by the launch of aseptic cartons on the market. The aseptic cartons are made mainly of paperboard, with thin plastic and aluminum layers. Such cartons help preserve food without adding preservatives for a long period of time.

Market Landscape: Major players in the Elopak AS, Evergreen Packaging LLC, Klabin SA, Refresco Group N.V, Greatview Aseptic Packaging Co. Ltd., and others.

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Issued By Blessy
Business Address Madhapur
Country India
Categories Business
Tags liquid packaging carton market , liquid packaging carton market growth , liquid packaging carton market research , liquid packaging carton market share , liquid packaging carton market size
Last Updated August 11, 2020