Liquid Packaging Carton Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024

Report Code: CMR 96387 Report Format: PDF + Excel (Delivery in 48 Hrs)
Overview

Liquid Packaging Carton Market size is forecast to reach $21.23 billion by 2025, after growing at a CAGR of 5.6% during 2020-2025. Liquid Packaging Carton industry is projected to augment due to beverages industry as they provide secure transportation and storage facility for liquid products. Liquid packaging carton also protect the both nutritional value and the taste of the products inside. 
 
Key Takeaways
  • APAC dominates the Liquid Packaging Carton market owing to increasing demand from beverages sector in the region.  
  • The growth in the APAC region is also supported by demand for environmental liquid packaging carton.  
  • The growing inclination of the general population towards packaged food and drinks is another factor supporting the growth of liquid packaging carton. 
  • The market drivers and restraints have been assessed to understand their impact over the forecast period. The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. 
  • The other key areas of focus include the various applications in Liquid Packaging Carton Market and their specific segmented revenue. 
Type - Segment Analysis

Brick Liquid Carton held the largest share in the Liquid Packaging Carton market in 2019. Brick liquid cartons are used mainly for dairy and milk products, juices, and other liquid foods and beverages. Such cardboard boxes are designed in such a way that they protect against external environmental influences and also help to prevent tampering. The demand for brick liquid carton has grown exponentially due to the ever-changing consumer requirements and needs. Brick liquid cartons are a popular packaging medium because they are light weight and also have a longer shelf life. That stands out most in the case of these cartons is that they are biodegradable.

Material Type – Segment Analysis

Uncoated Paperboard held the largest share in the Liquid Packaging Carton market in 2019. Uncoated paperboard used for packaging beverage products including juices, and milk products. Packaging made of paperboard comes in many grades. Strong bleached sulfate (SBS) paperboard contains blanched wood pulp of at least 80 per cent. Non-gable top beverage cartons and frozen food packaging are often CUK paperboard. Paperboard generally outperforms plastic materials in terms of light blocking properties. 

Low Density Polyethylene coated liquid packaging consist second highest share. Low-density polyethylene has good durability, strength, barrier properties and cost balance and have a broad variety of properties. Low-density polyethylene is extremely transparent, chemically inert, and has strong impact strength and outstanding resistance to tears and stress cracks. Low Density Polyethylene (LDPE) has applications for product packaging in sterile blister packs. Owing to their strength and durability, linear low-density polyethylene (LLDPE) is used in films and packaging.

Shelf Life – Segment Analysis

Long Shelf Life Cartons held the largest share in the Liquid Packaging Carton market in 2019. The growth is attributed owing to its increased used in dairy and liquid food products that are perishable in absence of controlled storage conditions. These cartons are made of paperboard, polyethylene, and aluminum where shelf life ranges from 3 to 12 months. It also preserves and protects the quality of valuable products, reduces overall carbon footprint, and is easily dispensable.

End Use – Segment Analysis

Beverages held the largest share in the Liquid Packaging Carton market in 2019 growing at a CAGR of 3.4%. The aseptic cartons are made mainly of paperboard, with thin plastic and aluminum layers. Such cartons help preserve food without adding preservatives for a long period of time. Aseptic packaging is the preferred material in the beverage industry. These cartons eliminate the need for preservatives and ensure that the food is preserved over a substantial period of time. It has been estimated that beverages industry will touch approximately $1.9 trillion in 2020. Conventional membrane processes such as MF, UF, NF, or RO can now be considered normal operations of the systems. Beverage industries are currently using integrated membrane technique instead of any single method as it improves the consistency of the product and the variety of products. The growth in the beverages industry will upsurge the liquid packaging carton market. 

Geography - Segment Analysis

APAC dominates the Liquid Packaging Carton market with a share of more than 41%, followed by North America and Europe. Population growth in the Asia-Pacific region, increase in disposable income and stable economic growth will drive the growth of the liquid carton packaging industry. Emerging markets like China and India are expected to show the highest demand for environmental liquid carton packaging. India is the developing country, and the rise in paper cardboard was observed due to factors such as the rising FMCG as well as the food and beverage industry. The Indian government also supports this because plastic carry bags are prohibited in India. The growth in demand for liquid packaging cartons from Australia is expected to be more reserved due to the continued shift of the manufacturing base to other countries and the decline in exports resulting from the rise in capacity in other Asian countries.
 
Drivers – Liquid Packaging Carton Market
  • Demand for environmental friendly packaging carton will drive the Liquid Packaging Carton market:
Consumers looking for environmentally friendly packaging solutions are expected to be a driving force in the demand for liquid packaging cartons. In addition, the recyclability of carton products decreases urban waste and long-term manufacturing costs. This liquid packaging strategy has also been improved by the launch of aseptic cartons on the market. The aseptic cartons are made mainly of paperboard, with thin plastic and aluminum layers. Such cartons help preserve food without adding preservatives for a long period of time.

Challenges – Liquid Packaging Carton Market
  • Presence of alternate storage container can restrict the market:
Polyethylene terepthalate (PET), high density polyethylene (HDPE) and glass are major carton packaging alternative in the liquid food industry. The popularity of various packaging methods varies according to location. PET containers in North America are compared to carton packaging for milk while some parts of Europe are carton packaging culture.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Liquid Packaging Carton market. In 2019, the market of Liquid Packaging Carton has been consolidated by the top five players accounting for xx% of the share. Major players in the Elopak AS, Evergreen Packaging LLC, Klabin SA, Refresco Group N.V, Greatview Aseptic Packaging Co. Ltd., and others. 

Acquisitions/Technology or Product Launches
  • In November 2019, SIG has acquired Visy Cartons Pty Ltd a subsidiary of Pratt Consolidated Holdings Pty Ltd, for AU$70 million ($48.65 million).  The acquisition will enable SIG to further support its existing customers in Asia who have invested into or partnered with players in Australia and New Zealand.  
  • In June 2017, Nippon Paper Industries Co. Ltd., launched new shape carton packaging Pure-Pak Curve and Pure-Pak Sense for chilled liquids with closure available in both standard and mini carton size. 
1. Liquid Packaging Carton Market - Overview
        1.1 Definitions and Scope
2. Liquid Packaging Carton Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Liquid Packaging Carton Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Liquid Packaging Carton Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Liquid Packaging Carton Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Liquid Packaging Carton Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Liquid Packaging Carton Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Liquid Packaging Carton Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Brick Liquid Carton
            8.3.2 Gable Top Carton
            8.3.3 Shaped Liquid Carton
9. Liquid Packaging Carton Market - By Shelf Life (Market Size -$Million / $Billion)
        9.1.1 Long Shelf Life Carton
             9.1.1.1 Paperboard
             9.1.1.2 Pe
             9.1.1.3 Aluminum
        9.1.2 Short Shelf Life Carton
10. Liquid Packaging Carton - By End-Use (Market Size -$Million / $Billion)
        10.1 Liquid Dairy Product
        10.2 Non-Carbonated Soft Drink
        10.3 Liquid Food
        10.4 Alcoholic Drink
11. Liquid Packaging Carton- By Geography (Market Size -$Million / $Billion)
        11.1 Liquid Packaging Carton Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Liquid Packaging Carton- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Liquid Packaging Carton- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Liquid Packaging Carton - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Liquid Packaging Carton - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Liquid Packaging Carton Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Liquid Packaging Carton Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at the global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Liquid Packaging Carton Market - Key Company List by Country Premium
15. Liquid Packaging Carton Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Elopak AS
        15.3 Evergreen Packaging Inc
        15.4 Greatview Aseptic Packaging Co, Ltd
        15.5 Klabin Sa
        15.6 Liqui-Box Corporation
        15.7 Nippon Paper Industry Co Ltd
        15.8 Refresco Gerber N V
        15.9 Sig Global
        15.10 Tetra Laval Holding B V
        15.11 Tidepak Aseptic Packaging Material Co, Ltd
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Liquid Packaging Carton Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Liquid Packaging Carton Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Liquid Packaging Carton Market Size 2018
2 Canada Liquid Packaging Carton Market Share 2018
3 Brazil Liquid Packaging Carton Market Outlook 2019 - 2023
4 Mexico Liquid Packaging Carton Market Research 2018
5 Germany Liquid Packaging Carton Market Trends 2019 - 2023 
6 France Liquid Packaging Carton Market Growth 2019 - 2023 
7 UK Liquid Packaging Carton Market Demand 2019 - 2023 
8 Italy Liquid Packaging Carton Market Segmentation 2018
9 Russia Liquid Packaging Carton Market Analysis 2019 - 2023
10 China Liquid Packaging Carton Market Revenue 2019 - 2023
11 Japan Liquid Packaging Carton Market Volume 2019 - 2023
12 South Korea Liquid Packaging Carton Market Potential 2019 - 2023
13 India Liquid Packaging Carton Market Leaders 2018
14 Saudi Arabia Liquid Packaging Carton Market Forecast 2019 - 2023 
15 Kuwait Liquid Packaging Carton Market Value 2018

List of Figures

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