World Liquid Packaging Board Market Trend, Size and Growth Analysis Report to 2020

Global Liquid Packaging Board Market 2016-2020 is the new research report now available at RnRMarketResearch.com.

Liquid packaging board has a high barrier coating to contain the liquid. It also resists the air and flavor from the paperboard to mix into the contained liquid. Manufacturing companies make continuous innovations for creating economic and environment-friendly packaging. Liquid packaging board is used in packaging of dairy products, dilutable, juices, household care products and other liquid food. Most of the consumption is from dairy products. Its principal advantage is the use of non-oil-based coating technology, which is one of the major driving factors for its future growth.

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The analyst forecast global liquid packaging board market to grow at a CAGR of 4.23% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global liquid packaging board market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The report, Global Liquid Packaging Board Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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The market is divided into the following segments based on geography: America, APAC and EMEA

Development of innovative products will be a key trend for market growth. The vendors are investing in R&D to develop new innovative products and differentiate themselves from their peers. The adoption of technology commences from the manufacturing process and continues up to the selection of compounds to be used in the development of high-grade raw materials to suit customer requirements. The feedback from the major B2B customers is a significant input for the marketing departments of vendors. They may include incorporating design upheavals, creation of resistant quality packaging material, and boosting the visual appeal factor of packaging board.

According to the report, a convenience of use over metal and glass packaging will be one of the major key trends that will propel the market growth during the forecast period. Packaging design plays a significant role in enticing the consumer to purchase the product. Many packaging companies are developing new innovative packaging products. The chief focus is on inventing new packaging designs or re-designing existing packaging products. Companies are coming with the innovative packaging designs that are appealing and provide convenience to the consumer. For instance, Elopak has come up with liquid board carton named Pure-Pak, which is assembled with a cap, and provide easy opening convenience to the consumer.

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The following companies are the key players in the global liquid packaging board market: BillerudKorsnas, Mondi, Evergreen Packaging, International Paper, Smurfit Kappa, and Tetra Pak.

Other Prominent Vendors in the market are: BOBST, Bulleh Shah Packaging, Elopak, Greatview Aseptic Packaging, Klabin, Mayr-Melnhof Karton, MoloPak, Roxcell, SIG Holding, Stora Enso, and Weyerhaeuser.

Further, the report states that demand for plastic packaging will be a challenge for the market. Plastic-based packaging bottles are gaining popularity over other packaging materials, especially in the F&B industry. Plastic packaging materials are durable and versatile, resulting in their increased demand by consumers and industrial buyers. In addition, plastic containers are lightweight, which reduces shipping and handling costs for vendors. The demand for PET bottles, containers, and stand-up pouches is replacing the demand for liquid packaging boards, especially for products such as milk and juices. Plastic packaging provides more scope for innovation than paper, mainly flexible plastic packaging, which is preferred by manufacturers. Thus, the growing preference of plastic packaging may hinder the growth of the liquid packaging board market during the forecast period.

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