+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Liquid Packaging Cartons - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

  • PDF Icon


  • 120 Pages
  • February 2024
  • Region: Global
  • Mordor Intelligence
  • ID: 4535732
The Liquid Packaging Cartons Market size is estimated at USD 12.54 billion in 2024, and is expected to reach USD 15.92 billion by 2029, growing at a CAGR of 4.90% during the forecast period (2024-2029).

Liquid packing cartons ensure content security and protection from outside pollutants, extending the product's shelf life. Both edible liquids, such as dairy goods, fruit juices, tomato sauce, soft drinks, and water, and non-edible liquids, like oils, fuels, and cleansers, are packaged in cartons.

Key Highlights

  • The need for packaged liquid products is driven by the quick urbanization of developing countries, fostering market expansion. In addition, rising consumer expenditure and higher disposable income fuel the growth of the liquid packaging cartons market.
  • The industry is expanding by introducing ecologically friendly liquid packing cartons due to growing environmental awareness. This trend is further supported by favorable policies by governments from various nations to promote the use of recyclable and eco-friendly packaging choices, speeding up market expansion.
  • Fruit juice is a beverage category that is expanding quickly, yet the majority of these juices are susceptible to oxidation. Vitamins are lost during oxidation, and flavor and appearance also undergo unfavorable modifications. These undesirable quality changes frequently occur during the fluid's processing, packaging, transportation, or storage. Liquid carton expansion is impacted by new package design advancements brought on by the requirement for quality control.
  • The demand for liquid packaging cartons will likely be hampered by the increased preference for plastic containers for packaging liquid food products due to their ease of transportation and cost-effective benefits.
  • With the COVID-19 outbreak, the liquid packaging cartons market saw slow growth due to lockdowns being imposed across the world, which disrupted the supply chains and led to the closure of production plants.

Liquid Packaging Cartons Market Trends

Milk and Other Dairy Beverages to Witness Growth

  • Milk is one of the main staple foods and a crucial component of a balanced diet as it contains a high percentage of calcium and other essential nutrients. Various research studies have shown that milk offers health benefits, such as preventing diabetes and enhancing bone health and healthy brain functioning.
  • Consumers' growing preference for packaged goods like milk drives the need for liquid carton packaging solutions. The demand for brick-liquid cartons is fueled by increased sustainability concerns surrounding plastic usage.
  • Milk has traditionally been packaged in cartons because they protect food and are eco-friendly. Paperboard is one of the materials that is regularly utilized to create milk packing cartons. Milk cartons, commonly referred to as gable-top cartons, are a type of poly-coated paper packaging.
  • Milk cartons have a longer shelf life and a lower risk of contamination. Because liquid packing cartons are easy to reclose after use, consumption of these containers is anticipated to increase more quickly than in the previous 10 years.
  • Steady growth in the dairy beverage market, especially in Asia-Pacific, has led to the development of aseptic packaging for milk. Advantages such as long shelf life and no refrigeration may also aid the growth of cartons over traditional packaging methods.

Asia-Pacific is Expected to Witness the Highest Growth

  • Leading beverage businesses have recently entered the markets of China and India, which has given the Asia-Pacific liquid carton packaging industry a substantial boost in sales. In addition, millennials' growing use of packaged beverages, including dairy products, soft drinks, and juices, is another factor driving the need for liquid carton packaging.
  • Concerns about sustainability, technological advancement, and alluring economics are a few factors that have contributed to the expansion of liquid packaging in China over the past two decades. Consumer perceptions of and interactions with packaging are evolving quickly. Vendors are emphasizing more on sustainability, and creative and more sustainable paperboard carton packaging is replacing old rigid packaging options in the country. Liquid packaging is anticipated to become a more practical and affordable alternative due to the market's growing desire for consumer-friendly packaging and enhanced product protection.
  • Natural materials are readily available and used to make cartons for liquid packing. In addition, from the standpoints of manufacturers and consumers, liquid packing cartons are increasingly being used in industrial and institutional settings, thus contributing to the expansion of the segment.
  • Favorable government initiatives to reduce carbon footprints and develop sustainable packaging also boost the demand for liquid carton packaging in Asia-Pacific. For instance, India is ranked as the fourth-largest fast-moving consumer goods market by the Indian Brand Equity Foundation.

Liquid Packaging Cartons Industry Overview

The liquid packaging market is fragmented because of prominent players, like Elopak, Evergreen Packaging LLC, and SIG Global Pte. Ltd, and local players in this industry. Growing collaborations, mergers, and acquisitions will also likely support the market expansion in the coming years. The sector for liquid packaging will be benefitted by factors such as rising environmental concerns, the excessive use of plastic packaging, the recyclable nature of carton packs, and the convenience of using liquid packaging rather than glass packaging. Recycled paper and lightweight packaging are examples of liquid packaging innovations propelling this market.
  • April 2022 - Elopak AS announced a collaboration with GLS to deliver sustainable packaging solutions to consumers across India. Customers can purchase Roll-Fed aseptic cartons in a range of sizes from GLS under the "ALPAK" brand, together with end-to-end service support. The business plans to provide fresh Pure-Pak cartons, Pure-Pak aseptic cartons, and ancillary solutions.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This product will be delivered within 2 business days.

Table of Contents

1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Supply Chain Analysis
5.1 Market Drivers
5.1.1 Rising Demand for Eco-friendly Packaging
5.2 Market Restraints
5.2.1 Competition from Substitutes, such as Glass and Plastic Packaging
5.3 Impact of COVID-19 on the Market
6.1 By Liquid Type
6.1.1 Milk
6.1.2 Juices
6.1.3 Energy Drinks
6.1.4 Other Liquid Types
6.2 By Geography
6.2.1 North America United States Canada
6.2.2 Europe France United Kingdom Germany Rest of Europe
6.2.3 Asia Pacific China Japan India Australia and New Zealand Rest of Asia Pacific
6.2.4 Latin America Brazil Argentina Mexico Rest of Latin America
6.2.5 Middle East and Africa United Arab Emirates Saudi Arabia Rest of Middle East and Africa
7.1 Company Profiles
7.1.1 Elopak AS
7.1.2 Evergreen Packaging LLC
7.1.3 Greatview Aseptic Packaging Co. Ltd
7.1.4 Mondi PLC
7.1.5 Refresco Group NV
7.1.6 SIG Global Pte. Ltd
7.1.7 Tetra Laval International SA
7.1.8 Nippon Paper Industries Co. Ltd
7.1.9 IPI SRL

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Elopak AS
  • Evergreen Packaging LLC
  • Greatview Aseptic Packaging Co. Ltd
  • Mondi PLC
  • Refresco Group NV
  • SIG Global Pte. Ltd
  • Tetra Laval International SA
  • Nippon Paper Industries Co. Ltd