Liquid Packaging Carton Market Demand, Profiles of International Players and Japan and Forecast by 2029

The liquid packaging carton market size is expected to grow because manufacturers are focusing on visually attractive packaging resulting in increased brand value and sales. Fortune Business Insights^TM has presented this information in its upcoming report titled, “Liquid Packaging Carton Market, 2022-2029”. Furthermore, government regulations governing the use of polyethylene films and pouches for liquid product packaging are likely to provide potential growth prospects for the industry.

In the global market, chemical industry is the second largest manufacturing industry in Japan. In recent years, the Japanese chemical industry was the fourth largest industry globally following China, the United States, and Germany. Furthermore The Japanese chemical industry is dominated by a group of major corporations and tech Giants. The chemical industry is the backbone of Japan’s economy.

Request a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/liquid-packaging-carton-market-105282

Segmentation -

On the basis type, the market is fragmented into gable top, shaped liquid cartons, and brick liquid. On the basis of shelf life, the market is split into short-term and long-term shelf life cartons. On the basis of application, the market is divided into juice & drinks, wine & spirits, dairy products, and others. Geographically, the market is classified into Latin America, Asia Pacific, Europe, North America, and the Middle East & Africa.

Report Coverage

The report offers firsthand knowledge about liquid packaging carton market growth. Furthermore, it examines macroeconomic data, parent market trends, and controlling factors in-depth, as well as market attractiveness by segment. The qualitative influence of key market factors on market segments and regions is also mapped out in the report, inclusive of the COVID-19 impact on the market.

Drivers & Restraints –

Manufacturers to Focus on Visually Enticing Packaging to Boost Sales and Brand Value

Manufacturers are increasingly focusing more on visual presentation and appealing packaging in order to increase sales and brand value, which is projected to benefit the industry’s market. As a result of government regulations requiring the use of polyethylene films and pouches for the packaging of liquid products, the market for liquid packaging cartons is expected to experience potential growth. Manufacturers are switching to liquid packing cartons because of environmental concerns, which will drive the liquid packaging carton market growth.

Although, the market may be hampered by a high preference for plastic pouches for packaging liquid food products since they offer convenient transportation and cost-effective benefits.

Get Your Customized Research Report

https://www.fortunebusinessinsights.com/enquiry/customization/liquid-packaging-carton-market-105282

Regional Insights –

Disposable Income and Growing Population to Make Asia Pacific a Fastest Expanding Region

Asia-Pacific is growing at a faster pace; the market’s growth is attributable owing to the rise in increased disposable income, increasing population, and consistent economic growth. The rise of the liquid packaging carton industry in Europe is being fueled by Germany's packaging market dominance in liquid dairy goods.

North America to witness exponential growth owing to the surge in customer demand for convenient items, ready-to-transport, and the carton's eco-friendly characteristics are both contributing to the expansion of the market.

In Latin America, demand and consumption patterns are expected to increase as the market recovers. The Middle East & Africa is expected to see swift growth due to many factors, including an aging population, technological advancements in the packaging sector, eco-friendly nature, and others.

Competitive Analysis-

Key Players To Launch New Products in Developing Countries to Expand Manufacturing Operations

The majority of companies, Evergreen Packaging Inc., Tetra Pack Inc., and others, are focusing on launching new products and growing their manufacturing operations in developing countries. The strategies include collaborating with key players, innovations, strategic partnerships, and strengthening regional and global distribution networks.

For instance, in November 2020, for the Central and Eastern European territories, Tetra Pak International S.A. and Stora Enso cooperated to develop a recycling line for used beverage cartons.

Industry Developments

May 2021: Tetra Pak International S.A. and Stora Enso collaborated to build a recycling line for used beverage cartons for the Central and Eastern European markets.

List of Key Players in the Market:

• Elopac Inc.
• Evergreen Packaging Inc.
• Tetra Pack Inc.
• Greatview Aseptic Packaging Co. Ltd.
• Nippon Paper Industries Co. Ltd.
• Smurfit Kappa
• Reynolds Group Holdings Ltd.
• Liqui-Box
• ONEX Corporation

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/liquid-packaging-carton-market-105282

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

LinkedIn Facebook Twitter