Latest industry research report on: Global Liquid Packaging Cartons Market 2016: Industry Research, Size, Shares, Key Trends, Demand, Growth to 2022
A liquid packaging carton is a box or container which enables the safe transportation and storage of liquid products and provides customized packaging. Liquid packaging is primarily used for Fast-moving consumer goods (FMCG), as it is lightweight and compact. Consumers’ preference for ready-to-carry liquid food, changing lifestyles, the convenience of carton packaging, and the recyclable nature of carton packs are the major drivers for this market. The environmentally friendly attitude increasingly adopted by consumers is likely to boost the liquid packaging cartons market. Performance, safety and reliability are the major concerns for liquid packaging. Aseptic-based packaging, which safeguards the product from microorganisms and enhances its shelf-life without adding preservatives, is a major trend that is currently gaining traction.
Tetra Pak is the leader in aseptic carton packaging technology. Polyethylene terepthalate (PET) and high density polyethylene (HDPE) are the main competitors for liquid packaging cartons. The wide usage of plastic packaging may serve to restrict the growth of liquid packaging cartons. Use of reusable material, innovations in packaging, the large customer base, the growing inclination of consumers towards convenient products and increasing disposable incomes will create opportunities for the liquid packaging carton market.
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The liquid packaging cartons market is segmented on the basis of the type of liquid product and geography. Types of liquid products include water, dairy products, soft drinks, tomato sauce and fruit juices among others. The liquid packaging cartons market will witness substantial growth in widely populated countries in the Asia Pacific region, such as India, China, Indonesia, Thailand and Pakistan.
The market in North America is maturing while the European market is witnessing moderate growth. Key players in this market are Tetra Laval, Comar Inc., Liqui-box Corp., Tri-wall, and Wayerhaeuser among others. These players are concentrating on developing reusable material and innovations in packaging with differentiated techniques.
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The market is segmented on the basis of the type of liquid product and geography.
MARKET BY TYPE OF LIQUID PRODUCT
MARKET BY GEOGRAPHY
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