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.
Currently, some companies in the world can produce liquid packaging carton product, mainly concentrating in Europe and North American. Tetra Laval is the market leader of liquid packaging carton industry, with the production volume market share of 47% in 2016. The production of liquid packaging carton increased from 328 billion units in 2012 to 396 billion units in 2016, with an average growth rate of 3.86%.
In terms of volume, the dairy products segment accounted for a market share of over 45.2% in the global liquid packaging carton market in 2016. Milk and dairy products are the most consumed perishable products. Owing to short shelf life, continuous efforts have been made to increase their longevity. Dairy products are processed or packed in a suitable way so that they can be served fresh to the consumer. The juices segment was the second largest segment in the market in 2016 with a market share of over 24.17%. With the development of economy, these industries will need more liquid packaging carton. So, liquid packaging carton has a huge market potential in the future.
The major raw material for liquid packaging carton is paperboard, polyethylene, etc. in the United States market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of liquid packaging carton industry.
We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global Liquid Packaging Carton market is valued at 15400 million US$ in 2018 and will reach 17800 million US$ by the end of 2025, growing at a CAGR of 1.9% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Liquid Packaging Carton market based on company, product type, end user and key regions.
This report studies the global market size of Liquid Packaging Carton in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Liquid Packaging Carton in these regions.
This research report categorizes the global Liquid Packaging Carton market by top players/brands, region, type and end user. This report also studies the global Liquid Packaging Carton market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Xinju Feng Pack
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Liquid Packaging Carton market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Liquid Packaging Carton market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Liquid Packaging Carton companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Liquid Packaging Carton submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Liquid Packaging Carton are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (B Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Liquid Packaging Carton market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.