Liquid Packaging Cartons Industry is projected to expand at a CAGR of 5.5% by 2024 End

Research Report Insights

Liquid packaging carton board is a kind of multi-ply paperboard having high stiffness, very strong wet sizing & also a very high barrier coating. Only the virgin paper fibers are being used to prepare this. Barrier coating should hold the liquid & must prevent the migration of air & flavors through paperboard.

Liquid packaging cartons are being preferred as the conventional packaging material in the plastic bottles & tin cans. Cartons are being considered much more advantageous because of the noteworthy increase of the shelf life & recyclability. Current trends in the beverage packaging industry is the development of the multilayer intelligent packaging system which has got the capability to interact with product in such a manner that it increases the conservation & food security, and also are eco-friendly at the same time. Biocompatibility of the liquid packaging carton has also made it perfect for the use in transportation of the wide range of beverages & food products like milk, packaged foods, juices & modified dairy products.

Non-carbonated soft drinks is anticipated to be the top investment pocket because of the growing market of non-carbonated beverages like fruit juices ,coffee and others.

Based on the material type, demand for the aluminum in the liquid packaging cartons is anticipated to propel in coming years, attributed to burgeoning consumption of processed milk. On the basis of application, wine and spirits segment will register the highest CAGR by 2024 end, compared to dairy products, and juices and drinks.

Key players in the global market for liquid packaging cartons include Elopak Inc., Evergreen Packaging Inc., IPI s.r.l., Refresco Gerber N.V., SIG Combibloc GmbH, Tetra Pak Inc., Weyerhaeuser Company, Nippon Paper Industries Co., Ltd, TidePak Aseptic Packaging Material Co., Ltd, and Adam Pack s.a.

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Robert Lewis

Robert graduated from Brandman University, where he got his bachelor’s degree in Business Administration. Born in Massachusetts, Robert’s family moved to Kentucky in 2005 where he spent his college life and worked as an insurance agent for four years. Now is the founder and team leader of the website.

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