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PUBLISHER: Verified Market Research | PRODUCT CODE: 1736897

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PUBLISHER: Verified Market Research | PRODUCT CODE: 1736897

Global Liquid Packaging Carton Market Size By Carton Type, By Shelf Life, By End-User, By Geographic Scope And Forecast

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Liquid Packaging Carton Market Size And Forecast

Liquid Packaging Carton Market size was valued at USD 12.85 Billion in 2024 and is projected to reach USD 19.65 Billion by 2032, growing at a CAGR of 5.46% from 2026 to 2032.

Liquid Packaging Cartons (LPCs) are a type of packaging material primarily used for aseptic packaging of liquid products, such as milk, juices, soups, and wine.

They are typically made from a combination of paperboard, aluminum foil, and polyethylene, providing a barrier against oxygen, moisture, and light.

LPCs are lightweight and recyclable, making them an environment-friendly packaging option.

LPCs enable the packaging of liquid products without the need for heat sterilization, preserving the product's nutritional value and extending its shelf life.

Advancements in packaging technology are enabling the development of new types of LPCs with improved properties, such as enhanced barrier properties and improved printability.

Consumers are seeking convenient and portable packaging options, making LPCs a popular choice for on-the-go consumption.

Global Liquid Packaging Carton Market Dynamics

The key market dynamics that are shaping the global liquid packaging carton market include:

Key Market Drivers

Sustainability and Environmental Concerns: Liquid packaging cartons, often made from renewable materials, are increasingly preferred by environmentally conscious consumers. Companies are investing in recyclable and biodegradable carton technologies to reduce their carbon footprint. According to the U.S. Environmental Protection Agency, in 2021, 75.9% of paper and paperboard packaging was recycled, showcasing the potential for carton recycling.

Convenience and On-the-Go Consumption: The rising busy lifestyles and increasing urbanization have led to a surge in demand for convenient, portable packaging solutions. Liquid packaging cartons offer lightweight, easy-to-carry options for beverages and liquid foods. These cartons are designed with features like resealable caps and ergonomic shapes for on-the-go consumption. For instance, on February 8, 2024, SIG Combibloc Group AG launched its new "SIG Neo" carton, which features an innovative one-step opening mechanism for enhanced convenience.

Food Safety and Extended Shelf Life: Liquid packaging cartons provide excellent barrier properties, protecting contents from light, oxygen, and contaminants. This extends the shelf life of products, reducing food waste and enabling wider distribution networks. Aseptic packaging technology in cartons allows for ambient storage of perishable liquids without preservatives. The U.S. Food and Drug Administration reported that in 2023, there was a 12% decrease in foodborne illness outbreaks compared to the previous year, partly attributed to improved packaging technologies.

Emerging Markets and Urbanization: These markets are seeing increased consumption of packaged beverages and dairy products. The versatility of cartons allows for effective distribution in areas with limited cold chain infrastructure. According to the United Nations Department of Economic and Social Affairs, the urban population in developing regions is projected to reach 4.9 billion by 2030. Capitalizing on this trend, on January 20, 2024, Greatview Aseptic Packaging Company Limited announced plans to expand its production capacity in India by 30% over the next two years to meet growing demand.

Key Challenges:

Competition from other packaging materials: Liquid packaging cartons compete with other packaging materials, such as plastic bottles, glass bottles, and aluminium cans. These materials offer different properties and may be more suitable for certain products or markets.

Environmental concerns: While liquid packaging cartons are generally considered more sustainable than some other packaging materials, there are concerns about their environmental impact, particularly in terms of deforestation and energy consumption.

Technological limitations: There are limitations to the types of products that can be packaged in liquid packaging cartons. Some products, such as high-viscosity liquids or carbonated beverages, may not be suitable for this type of packaging.

Consumer preferences: Consumer preferences for packaging materials can vary, and there may be a preference for certain types of packaging, such as glass or aluminum, over liquid packaging cartons.

Key Trends

Digital Printing Advancements: This trend allows for more targeted marketing campaigns and seasonal packaging variations. The U.S. Department of Commerce reported in its 2023 Printing Industry Report that digital printing in packaging grew by 13% year-over-year. On February 8, 2024, SIG announced the launch of its new digital printing line for aseptic cartons, capable of producing up to 9,000 packages per hour with high-quality graphics.

Smart Packaging Integration: The integration of smart packaging technologies in liquid cartons is on the rise, enhancing traceability, consumer engagement, and product safety. Features like QR codes, NFC tags, and temperature indicators are becoming more common. The UK Food Standards Agency reported in 2023 that 35% of surveyed consumers had interacted with smart packaging on beverage cartons. For instance, on March 20, 2024, Stora Enso launched its new "IntelliPack" line of liquid cartons with embedded RFID technology for improved supply chain management and consumer interaction.

Plant-Based Barrier Coatings: The liquid packaging carton industry is increasingly adopting plant-based barrier coatings as an alternative to traditional plastic-based barriers. These bio-based coatings offer similar protection against moisture and oxygen while improving the overall recyclability of the cartons. According to the Sustainable Packaging Coalition's 2023 report, the use of plant-based barrier coatings in liquid packaging increased by 28% globally compared to the previous year.

Portion-Control and Single-Serve Formats: The market growth is driven by changing consumer lifestyles and the need for on-the-go convenience. This trend is particularly strong in the beverage and dairy sectors. The U.S. Packaging Machinery Manufacturers Institute reported in its 2023 State of the Industry report that sales of single-serve carton filling machines increased by 15% year-over-year. Responding to this trend, Greatview Aseptic Packaging launched its new "MiniMax" 200ml carton format on February 28, 2024, specifically designed for single-serve portions of milk and juice.

Global Liquid Packaging Carton Market Regional Analysis

Here is a more detailed regional analysis of the global liquid packaging carton market:

Europe

Europe has established itself as a leader in the global liquid packaging carton market, accounting for approximately 45% of the total market share in 2022, as reported by Eurostat. This dominance is driven by stringent regulations on sustainability and packaging waste, encouraging manufacturers to adopt eco-friendly materials. Recent innovations from companies like Elopak and SIG Combibloc reflect a commitment to developing recyclable and renewable packaging solutions. As consumer demand for sustainable products rises, European firms are increasingly investing in advanced technologies to improve production efficiency.

In 2023, the liquid packaging carton market in Europe is projected to grow at a compound annual growth rate (CAGR) of 6.2%, according to a report by the European Commission. This growth is propelled by increasing demand for dairy and juice products, which rely heavily on liquid packaging. Notably, Tetra Pak has recently announced plans to enhance its production capabilities in Eastern Europe to meet this rising demand. The focus on reducing carbon footprints and enhancing recyclability remains a top priority for major players in the region..

Asia-Pacific

The Asia-Pacific region is set to experience remarkable growth in the liquid packaging carton market, projected to expand at a CAGR of 8.5% from 2023 to 2028, according to a report by the Asian Development Bank. This growth is largely driven by rising disposable incomes and an increasing preference for packaged beverages among consumers. Major players like Tetra Pak are investing heavily in local production facilities to cater to this growing demand. The region's expanding food and beverage industry is further propelling the need for innovative packaging solutions. Additionally, regulatory initiatives aimed at sustainability are encouraging manufacturers to develop eco-friendly packaging options.

In 2023, the liquid packaging carton market in Asia-Pacific accounted for nearly 30% of the global market, as reported by Statista. Countries such as China and India are leading this growth, thanks to urbanization and changing consumer lifestyles. Recent advancements in packaging technology from companies like SIG Combibloc highlight a focus on enhancing product shelf life and reducing waste. As e-commerce continues to thrive in the region, the demand for efficient and durable packaging solutions is becoming increasingly critical. The region's potential for further expansion is attracting significant investment from both domestic and international firms.

Global Liquid Packaging Carton Market: Segmentation Analysis

The Global Liquid Packaging Carton Market is segmented based on Carton Type, Shelf-Life, End-User, and Geography.

Liquid Packaging Carton Market, By Carton Type

  • Shaped Liquid Carton
  • Gable Top Carton
  • Brick Liquid Carton Based on Carton Type, the Global Liquid Packaging Carton Market is bifurcated into Shaped Liquid Carton, Gable Top Carton, and Brick Liquid Carton. In the liquid packaging carton market, the Gable Top Carton segment is currently dominating due to its versatility, ease of use, and widespread acceptance for various beverages, including dairy and juices. However, the Shaped Liquid Carton segment is rapidly growing, driven by increasing consumer demand for innovative packaging solutions that enhance brand differentiation and sustainability. This shift reflects a broader trend towards customized packaging that appeals to eco-conscious consumers and supports brand identity.

Liquid Packaging Carton Market, By Shelf Life

  • Short Shelf-Life Carton
  • Long Shelf-Life Carton

Based on Shelf Life, the Global Liquid Packaging Carton Market is bifurcated into Short Shelf-Life Carton, and Long Shelf-Life Carton. In the liquid packaging carton market, the Long Shelf-Life Carton segment is currently dominating due to its ability to extend the shelf life of products, making it ideal for a variety of beverages and liquid food items that require minimal refrigeration. However, the Short Shelf-Life Carton segment is experiencing rapid growth, fueled by increasing consumer preference for fresh, minimally processed products, particularly in the dairy and juice sectors. This trend reflects a rising demand for natural and organic offerings, pushing brands to innovate with shorter shelf-life packaging solutions.

Liquid Packaging Carton Market, By End-User

  • Alcoholic Beverages
  • Liquid Dairy Products
  • Liquid Food
  • Non-Carbonated Soft Drinks

Based on End-Use, the Global Liquid Packaging Carton Market is bifurcated into Alcoholic Beverages, Liquid Dairy Products, Liquid Food, and Non-Carbonated Soft Drinks. In the liquid packaging carton market, the liquid dairy products segment currently dominates due to the rising demand for dairy alternatives and convenience in packaging. However, the non-carbonated soft drinks segment is experiencing rapid growth, driven by increasing consumer preference for healthier beverage options and innovative packaging solutions that enhance shelf life and sustainability. This trend reflects a broader shift towards healthier lifestyles and eco-friendly practices in the beverage industry.

Liquid Packaging Carton Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Geography, the Global is classified into North America, Europe, Asia Pacific, and the Rest of the world. In the liquid packaging carton market, North America currently dominates, largely due to the established beverage industry and increasing demand for sustainable packaging solutions. Meanwhile, the Asia Pacific region is the fastest-growing segment, fueled by rising urbanization, changing consumer preferences, and a burgeoning middle class that drives demand for packaged food and beverages. This growth is further supported by increasing investments in packaging technology and sustainability initiatives across the region.

Key Players

The "Global Liquid Packaging Carton Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are ONEX Corporation, Reynolds Group Holdings Limited., BillerudKorsnas AB, Tetra Laval International S.A., Greatview Aseptic Packaging Co., Ltd., Nippon Paper Industries Co., Ltd., Smurfit Kappa, Liqui-Box, Ferd, and Adam Pack SA.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Liquid Packaging Carton Market Key Developments

  • In April 2022, GLS entered a partnership with Elopak AS to advance sustainable packaging solutions in India, focusing on cartons designed for liquid products.
  • In April 2022, Tetra Pak launched tethered caps on liquid carton packages through a collaboration with beverage producers.
  • In October 2023, SIG introduced the DomeMini model. This is a portable and eco-friendly carton packaging solution.
  • In June 2022, Nippon Paper Industries Co., Ltd. enhanced its operational footprint in Australia by launching a new subsidiary.
Product Code: 42113

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL LIQUID PACKAGING CARTON MARKET

  • 1.1 Market Definition
  • 1.2 Market Segmentation
  • 1.3 Research Timelines
  • 1.4 Assumptions
  • 1.5 Limitations

2 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

  • 2.1 Data Mining
  • 2.2 Data Triangulation
  • 2.3 Bottom-Up Approach
  • 2.4 Top-Down Approach
  • 2.5 Research Flow
  • 2.6 Key Insights from Industry Experts
  • 2.7 Data Sources

3 EXECUTIVE SUMMARY

  • 3.1 Market Overview
  • 3.2 Ecology Mapping
  • 3.3 Absolute Market Opportunity
  • 3.4 Market Attractiveness
  • 3.5 Global Liquid Packaging Carton Market Geographical Analysis (CAGR %)
  • 3.6 Global Liquid Packaging Carton Market, By Product Type (USD Million)
  • 3.7 Global Liquid Packaging Carton Market, By Distribution Channel (USD Million)
  • 3.8 Future Market Opportunities
  • 3.9 Global Market Split
  • 3.10 Product Life Line

4 GLOBAL LIQUID PACKAGING CARTON MARKET OUTLOOK

  • 4.1 Global Liquid Packaging Carton Evolution
  • 4.2 Drivers
    • 4.2.1 Driver1
    • 4.2.2 Driver 2
  • 4.3 Restraints
    • 4.3.1 Restraint1
    • 4.3.2 Restraint 2
  • 4.4 Opportunities
    • 4.4.1 Opportunity1
    • 4.4.2 Opportunity 2
  • 4.5 Porters Five Force Model
  • 4.6 Value Chain Analysis
  • 4.7 Pricing Analysis
  • 4.8 Macroeconomic Analysis

5 GLOBAL LIQUID PACKAGING CARTON MARKET, BY CARTON TYPE

  • 5.1 Overview
  • 5.2 Shaped Liquid Carton
  • 5.3 Gable Top Carton
  • 5.4 Brick Liquid Carton
  • 5.5 Others

6 GLOBAL LIQUID PACKAGING CARTON MARKET, BY SHELF LIFE

  • 6.1 Overview
  • 6.2 Short Shelf Life Carton
  • 6.3 Long Shelf Life Carton

7 GLOBAL LIQUID PACKAGING CARTON MARKET, BY END-USER

  • 7.1 Overview
  • 7.2 Alcoholic Beverages
  • 7.3 Liquid Dairy Products
  • 7.4 Liquid Food
  • 7.5 Non-Carbonated Soft Drinks
  • 7.6 Others

8 GLOBAL LIQUID PACKAGING CARTON MARKET, BY GEOGRAPHY

  • 8.1 Overview
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 U.K.
    • 8.3.3 France
    • 8.3.4 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 Japan
    • 8.4.3 India
    • 8.4.4 Rest of Asia Pacific
  • 8.5 Rest of the World
    • 8.5.1 Latin America
    • 8.5.2 Middle East & Africa

9 GLOBAL LIQUID PACKAGING CARTON MARKET COMPETITIVE LANDSCAPE

  • 9.1 Overview
  • 9.2 Company Market Ranking
  • 9.3 Key Development Strategies

10 COMPANY PROFILES

  • 10.1 ONEX Corporation
    • 10.1.1 Overview
    • 10.1.2 Company Insights
    • 10.1.3 Business Breakdown
    • 10.1.4 Product Outlook
    • 10.1.5 Key Developments
    • 10.1.6 Winning Imperatives
    • 10.1.7 Current Focus and Strategies
    • 10.1.8 Threat From Competition
    • 10.1.9 Swot Analysis
  • 10.2 Reynolds Group Holdings Limited.
    • 10.2.1 Company Overview
    • 10.2.2 Company Insights
    • 10.2.3 Business Breakdown
    • 10.2.4 Product Benchmarking
    • 10.2.5 Key Developments
    • 10.2.6 Winning Imperatives
    • 10.2.7 Current Focus & Strategies
    • 10.2.8 Threat from Competition
    • 10.2.9 SWOT Analysis
  • 10.3 BillerudKorsnas AB
    • 10.3.1 Company Overview
    • 10.3.2 Company Insights
    • 10.3.3 Business Breakdown
    • 10.3.4 Product Benchmarking
    • 10.3.5 Key Developments
    • 10.3.6 Winning Imperatives
    • 10.3.7 Current Focus & Strategies
    • 10.3.8 Threat from Competition
    • 10.3.9 SWOT Analysis
  • 10.4 Tetra Laval International S.A.
    • 10.4.1 Company Overview
    • 10.4.2 Company Insights
    • 10.4.3 Business Breakdown
    • 10.4.4 Product Benchmarking
    • 10.4.5 Key Developments
    • 10.4.6 Winning Imperatives
    • 10.4.7 Current Focus & Strategies
    • 10.4.8 Threat from Competition
    • 10.4.9 SWOT Analysis
  • 10.5 Greatview Aseptic Packaging Co., Ltd.
    • 10.5.1 Company Overview
    • 10.5.2 Company Insights
    • 10.5.3 Business Breakdown
    • 10.5.4 Product Benchmarking
    • 10.5.5 Key Developments
    • 10.5.6 Winning Imperatives
    • 10.5.7 Current Focus & Strategies
    • 10.5.8 Threat from Competition
    • 10.5.9 SWOT Analysis
  • 10.6 Nippon Paper Industries Co., Ltd.
    • 10.6.1 Company Overview
    • 10.6.2 Company Insights
    • 10.6.3 Business Breakdown
    • 10.6.4 Product Benchmarking
    • 10.6.5 Key Developments
    • 10.6.6 Winning Imperatives
    • 10.6.7 Current Focus & Strategies
    • 10.6.8 Threat from Competition
    • 10.6.9 SWOT Analysis
  • 10.7 Smurfit Kappa
    • 10.7.1 Company Overview
    • 10.7.2 Company Insights
    • 10.7.3 Business Breakdown
    • 10.7.4 Product Benchmarking
    • 10.7.5 Key Developments
    • 10.7.6 Winning Imperatives
    • 10.7.7 Current Focus & Strategies
    • 10.7.8 Threat from Competition
    • 10.7.9 SWOT Analysis
  • 10.8 Liqui-Box
    • 10.8.1 Company Overview
    • 10.8.2 Company Insights
    • 10.8.3 Business Breakdown
    • 10.8.4 Product Benchmarking
    • 10.8.5 Key Developments
    • 10.8.6 Winning Imperatives
    • 10.8.7 Current Focus & Strategies
    • 10.8.8 Threat from Competition
    • 10.8.9 SWOT Analysis
  • 10.9 Ferd
    • 10.9.1 Company Overview
    • 10.9.2 Company Insights
    • 10.9.3 Business Breakdown
    • 10.9.4 Product Benchmarking
    • 10.9.5 Key Developments
    • 10.9.6 Winning Imperatives
    • 10.9.7 Current Focus & Strategies
    • 10.9.8 Threat from Competition
    • 10.9.9 SWOT Analysis
  • 10.10 Adam Pack SA.
    • 10.10.1 Company Overview
    • 10.10.2 Company Insights
    • 10.10.3 Business Breakdown
    • 10.10.4 Product Benchmarking
    • 10.10.5 Key Developments
    • 10.10.6 Winning Imperatives
    • 10.10.7 Current Focus & Strategies
    • 10.10.8 Threat from Competition
    • 10.10.9 SWOT Analysis

10 VERIFIED MARKET INTELLIGENCE

  • 10.1 About Verified Market Intelligence
  • 10.2 Dynamic Data Visualization
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