The global Liquid Packaging Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2023-2032. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Liquid Packaging market include The Dow Chemical Company (U.S.), Akzo Nobel N. V. (Netherlands), Mondi Plc. (Austria), Exxon Mobil Corporation (U.S.), Bobst Group SA (Switzerland), Borealis AG (Austria), and LyondellBasell (Netherlands). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The liquid packaging market is growing due to the demand for convenience-driven packaging solutions like pouches, bottles, and cartons rising with increasing consumer preferences for on-the-go consumption and single-serve options, notably in the beverage industry. The substantial consumption of a diverse range of beverages fuels the need for innovative liquid packaging formats catering to the evolving tastes and preferences of consumers. Technological advancements play a pivotal role in fostering innovation in packaging materials and designs, focusing on enhancing sustainability, lightweighting, and recyclability. An increasing environmental consciousness leads to a demand for eco-friendly liquid packaging solutions, aligning with consumer preferences for sustainable packaging. Furthermore, the expansion of e-commerce and home delivery services amplifies the requirement for secure and reliable liquid packaging for transportation. Health and wellness trends, urbanization, changing lifestyles, and stringent regulatory standards also contribute significantly to the evolution and growth of the liquid packaging market, prompting innovations to meet safety, convenience, and environmental standards while catering to shifting consumer needs.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of liquid packaging. The growth and trends of liquid packaging industry provide a holistic approach to this study.
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Market Segmentation
This section of the liquid packaging market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Packaging Type
- Flexible Liquid Packaging (Stand-Up Pouch, Bag-In-Box, Films)
- Rigid Liquid Packaging (Cartons, Paperboard, Plastics & PET Bottles, Cans, Glass)
By End-Use Industry
- Food & Beverages
- Non-Food
- Industrial
By Resin
- Polyethylene
- Polypropylene
- Polyethylene Terephthalate
- Others
By Technique
- Aseptic Liquid Packaging
- Blow Molding
- Form Fill Seal Technology
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Liquid Packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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Global Liquid Packaging Market was valued US$ 195.85 Bn in 2018 and is expected to reach US$ 375.16 Bn by 2026, at CAGR of 8.46% during forecast period.
Furthermore, expanding medicines sector with rapidly aging population further augments the global liquid packaging market growth.
Growing demand for packaged goods and a development of transportation industry in emerging economies is also significantly boosting the request for global liquid packaging market.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Increasing inclination of consumers towards packaged drinks and food products.
Plastic packaging is one of the key alternatives and major competitor for the carton packaging for drinks.Based on packaging type segment, rigid liquid packaging is the most-widely used packaging type for liquid products.
It is resistant to impact, recyclable, moisture, and chemicals.On the basis of end-use industry segment, Food & beverage is expected to hold largest market share during forecast period.
These businesses are actively advancing in various strategies like new product developments, M, and expansion projects globally to increase their market share.In terms of region, Asia-Pacific is estimated to hold largest market share during forecast period.
A liquid packaging cartoon market, additionally alluded to as a refreshment container, is utilized for safe stockpiling and transportation of fluid items.
Accessible in various sizes, shapes, and plans on the lookout, these fluid containers are exposed to the need of particular fluid items and the producer's marking system.
The worldwide liquid packaging cartoon market was esteemed at around US$ 13,286.7 Mn in 2017 and is required to extend at a CAGR of 5.6% during the estimated time frame (2017–2025).
Using a container extends the life of the item, reduces wastage, and adds comfort, which is one of the reasons behind the worldwide popularity of liquid packaging cartoons.
Factors, for example, recallability and natural neighborliness of liquid packaging cartoon markets have been seen to draw in drink makers to embrace inventive bundling materials to acquaint novel bundling arrangements with the global market for liquid packaging cartoons.
This factor will keep on energizing the interest for creative bundling containers in not so distant future.
