Liquid Packaging Cartons Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global liquid
packaging cartons market is estimated to grow at a CAGR of 5.0% during
the forecast period. Carton packaging is one of the most sustainable packaging
solutions, which uses the paper board produced from renewable wood. Its
space-saving and lightweight design facilitate filling and transportation of
food and beverages. These packs are easy to open, eye-catching, and outfitted
with all essential convenience factor. Carton packaging for beverages has been
gaining immense popularity owing to their benefits, such as offering product
protection and supporting ambient distribution. These cartons are known as
aseptic cartons that allows extensive distribution of food products at ambient
temperatures while maintaining the safety of the food and beverages and
nutritional quality.
Key factors
contributing to the growth of the market include a significant increase in food
and beverage industry and rising concerns for plastic packaging. Plastic
packaging is not fully recyclable, which is detrimental to the environment and
human health. In Europe, nearly 25.8 million tons of plastic waste produced
every year. Less than 30% of this plastic waste collected for recycling. Rest
plastic packaging are highly wasteful and affects the earth’s ecosystem. As a
result, most of the food and beverage manufacturers are focusing on achieving
maximum sustainability of their packaging by replacing plastics packaging with
cartons packaging.
Further, digital
cartons provide benefits to the brand and supply chain, such as improved quality
in terms of color consistency and reduced defects cycle time. In January 2019,
Tetra Pak declared that it would offer new levels of flexibility and
customization with digital printing technology. It will become the first
company in the food and beverage carton industry that offers full-color digital
printing on its carton packages, working in partnership with Koenig &
Bauer, which is engaged in this field and based in Germany. With digital
printing, beverage brands can explore additional benefits such as the ability
to include a range of designs in the same order and dynamic on-package
printing. Therefore, the trend towards digital cartons is expected to offer an
opportunity for the liquid packaging cartons market.
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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
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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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