Research Nester has released a report titled “Liquid Packaging Carton Market – Global Demand Analysis & Opportunity Outlook 2027″ which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis, and Porter’s five force model.
The Food and Agriculture Organization (FAO) of the United Nations, stated in one of its statistics that milk production reached to 852 million in the year 2019, which was an increase of 1.4% from 2018.
Rising demand for milk and milk products around the globe on the back of the increasing global population, coupled with the demand for other beverages and the need to suffice the market demand for liquid food products are some of the factors anticipated to drive the growth of the liquid packaging carton market. The packaging of milk products requires enhanced focus and efforts as the shelf life of these products is comparatively less.
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On the other hand, there is a rising demand for eco-friendly liquid food packaging products amongst the liquid food product manufacturers, which can also contribute to lowering the transportation costs of these food products. Such factors are anticipated to drive the growth of the global liquid packaging carton market.
The global liquid packaging carton market is anticipated to achieve a CAGR of around 5% over the forecast period, i.e. 2019-2027. The market is thriving on account of the growing research and developmental activities for the innovation of packaging technologies, the increasing number of end-user industries dealing with liquid food products, and the rising trends of aseptic-based packaging amongst manufacturers. The market, which was valued at a value of around USD 14000 million in the year 2018 is anticipated to garner a value of around USD 21,500 million by the end of 2027 and further achieve an absolute $ opportunity of around USD 7000 million over the forecast period.
The global liquid packaging carton market is segmented by material into paperboard, polyethylene, and aluminum. Among these segments, the paperboard segment is anticipated to cross a value of around USD 14000 million by the end of 2027 and grow with a CAGR of around 5% over the forecast period. Moreover, the segment held a market share of around 65% in the year 2018. Additionally, the aluminum segment is estimated to grow with the highest CAGR of around 6% over the forecast period.
Geographically, the global liquid packaging carton market is segmented by five major regions into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America region, out of which, the Asia Pacific is primarily driven by nations such as China, Japan, South Korea, Australia, and India, where China held the dominant market share of around 23% in the year 2018. Moreover, the Asia Pacific liquid packaging carton market held a market share of around 56% in the year 2018 and is anticipated to cross a value of around USD 12000 million by the end of 2027 by growing at a CAGR of around 5% over the forecast period on account of the presence of a large population in the countries and several countries in the region having a temperate climate.
However, concerns for the availability of low-price substitutes are some of the factors estimated to act as a barrier to the growth of the global liquid packaging carton market.
This report also studies the existing competitive scenario of some of the key players of the global liquid packaging carton market, which includes the profiling of SIG Combibloc Group Ltd. (SWX: SIGN), Tetra Pak International S.A., Evergreen Packaging LLC, Refresco Group, Klabin SA (BVMF: KLBN4), Greatview Beijing Trading Co., Elopak AS and Nippon Paper Industries Co., Ltd. (TYO: 3863).
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5th October, 2018 - Liquid Packaging Carton Market expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe.
Liquid Packaging Cartons referred to as a container that allows the safe storage and transportation of liquid products.
This type of packaging inclusively used for fast moving consumer goods (FMCG).
These cartons are easy to design accordingly and varies in size, shape, and applications.
These are light in weight and protects the biodegradable property by increasing its shelf life such as milk, fruit juices, and others.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/liquid-packaging-cartons-market/request-sampleProminent factors that are playing a major role in the growth of Liquid Packaging Cartons Market are, rising preference among the population of the packaged food and drinks, eco-friendly packaging, and the use of recyclable material.
Liquid Packaging Cartons Market segmented based on type, liquid product type, opening type, material type,and region.
A New Research on the as Liquid Packaging Carton Market conducted across a variety of industries in various regions to produce effective and useful reports.
This study is a perfect blend of qualitative and quantitative information that highlights key market developments, gap analysis of industry and competitors, and challenges to new opportunities, and can trend in the market.The Global Liquid Packaging Carton Market Report was produced through extensive primary and secondary studies.
The report also focuses on qualitative and quantitative assessments by analyzing data collected from industry analysts and market participants across key points in the industry's value chain, growth aspects, utilization, and manufacturing capabilities.Click HERE To get SAMPLE PDF at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-liquid-packaging-carton-marketSignificant Major Market Competitors/Players of this Global Liquid Packaging Carton Market –SIG Combibloc Group Ltd., NIPPON PAPER INDUSTRIES CO., LTD., Uflex Limited, Reynolds Packaging, Gapack, Tetra Laval International S.A., BillerudKorsnäs, Smurfit Kappa, Liqui-Box, ELOPAK, Adam Pack S.A., Evergreen Packaging LLC, Klabin S.A., Refresco Group, Assemblies Unlimited, Inc., Weyerhaeuser Company, Comar, and Tri-Wall Limited.
among other domestic and global players.Highlights of the Liquid Packaging Carton Market Report:Exact market size and CAGR forecasts for the period 2021-2028.Identification and in-depth assessment of development opportunities in key segments and regions.Complete company profiling of top players of the Liquid Packaging Carton market.Exhaustive research on innovation and other trends of the Liquid Packaging Carton marketConsistent industry value chain and supply chain analysisComplete examination of key growth drivers, restraints, challenges and development prospects.Global Liquid Packaging Carton Market Segmentation –Carton Type is Divided Into:Brick Liquid CartonsGable Top CartonsShaped Liquid CartonsProduct Type is Divided Into:RigidFlexibleApplication is Divided Into:Food & BeveragesIndustrialBrowse TOC with Selected illustrations and example pages of Global Liquid Packaging Carton Market @ https://www.databridgemarketresearch.com/toc/?dbmr=global-liquid-packaging-carton-marketRegional Analysis for Liquid Packaging Carton Market:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, Colombia etc.
)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)The Liquid Packaging Carton Market provided all measurable data with clear data in the report.
Clear data on financial dynamics, business ups and downs, product demands – supply chain, product sales, global market statistics, and market growth accelerators is eloquent.
