Global Liquid Packaging Cartons Market Size | COVID-19 Impact Analysis | Forecast to 2026
The global liquid packaging cartons market is estimated to grow at a CAGR of 5.0% during the forecast period. Inclination towards highly sustainable packaging is a key factor contributing to the growth of the market. Cartons provide higher sustainability compared to plastic alternatives. Folding cartons can recycle easily by reprocessing in a mill, where the fibres are separated. Later, recovered fibre is utilized to produce carton board or another paper or board product. In Europe, nearly 60% of cartons are produced from recycled carton board. Carton packaging using wood fibres are recyclable multiple times. Therefore, it is a highly sustainable option for food and beverages packaging.
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Some food and beverage companies that are
significantly using carton packaging for their beverages include Arla Foods and
Amul. Apart from major beverage manufacturers, start-ups are also implementing
carton packaging for their beverages. For instance, in October 2019, a UK
start-up, Drinks Cubed Ltd. introduced its new premium mineral water, DRINKS3
in SIG’s unique combidome carton bottle with SIGNATURE packaging material. This
carton package incorporates the superior features of a carton package, as it is
completely recyclable, particularly designed from Forest Stewardship Council
(FSC) certified paperboard and offers the superior CO2 performance than other
beverage packaging solutions on the market. Drinks Cubed Ltd. also offers
WATER3 that also uses SIG’s SIGNATURE packaging material, is a better
alternative to plastic packaging.
Scope of the Global Liquid Packaging Cartons Market
Market Coverage
·
Market number available for 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Carton Type and Application
·
Regions Covered- North America, Europe, Asia-Pacific, and
Rest of the World.
·
Competitive Landscape- Tetra Laval International S.A.,
Reynolds Group Holdings Ltd., SIG Combibloc Group Ltd., Smurfit Kappa Group,
and Nippon Paper Industries Co., Ltd.
Recent Strategic Initiatives in the Global Liquid
Packaging Cartons Market
·
In June 2019, NESTLÉ introduced Ready-to-Drink
subscription service in the Philippines. This will allow consumers to return
their utilized beverage cartons through partner upcycling facility of NESTLÉ,
which in turn, will widen their useful life.
·
In June 2019, LBP Manufacturing LLC (LBP) declared that
it has acquired Union Packaging, a manufacturer of chicken nugget boxes, fry
cartons, and other paper-based packaging products to national quick-service
restaurants (QSRs). LBP is a producer of innovative and sustainable food and
beverage packaging. This acquisition will further increase product offerings of
LBP to offer customers with a complete range of corrugated packaging and
folding carton solutions.
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Global Liquid Packaging Cartons Market-Segmentation
By Carton Type
·
Brick Cartons
·
Tetrahedron Cartons
·
Gable Top Cartons
By Application
·
Milk
·
Juices
·
Liquid Foods
·
Energy and Soft Drinks
·
Others
Global Liquid Packaging Cartons Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
The Middle East and Africa
Company Profiles
·
Adam Pack S.A.
·
Atlas Packaging
·
BillerudKorsnäs AB
·
Carton Service, Inc.
·
CSi packaging
·
Dai Nippon Printing Co., Ltd.
·
Elopak AS
·
Greatview Beijing Trading Co., Ltd.
·
Huhtamäki Oyj
·
IPI Srl
·
Liquibox Corp.
·
Mondi plc
·
Nampak Ltd.
·
Nippon Paper Industries Co., Ltd.
·
Parksons Packaging Ltd.
·
Qingzhou Heli Packaging New Material Co., Ltd.
·
Refresco Group
·
Reynolds Group Holdings Ltd.
·
SIG Combibloc Group Ltd.
·
Smurfit Kappa Group
·
Stora Enso Oyj
·
Tetra Laval International S.A.
·
Tri-Wall Ltd.
·
WestRock Group
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