Gable Top Liquid Cartons Market - Forecasts from 2019 to 2024

Global gable top liquid cartons market is expected to grow at a compound annual growth rate of 3.19% to reach a market size of US$3.761 billion by 2024 from US$3.115 billion in 2018. Gable top liquid cartons are used for flexible packaging of products and further prevents them from contamination and also promotes healthier shelf life coupled with rising beverage industry is anticipated to drive the market for gable top liquid cartons market in the upcoming years. Further, the efficiency and reliability of gable top liquid cartons for transportation purposes is expected to further assist in growth of the market. The major industries driving the market growth for gable top cartons are Dairy and Beverage industries among others. However, the concerns regarding the recycling and disposal of these cartons due to the coating of polyethylene is expected to hamper the market growth. Asia-pacific is expected to hold a significant market share owing to the rising per capita expenditure and growing preference for packed beverages. North America though a developed market with numerous market players, is expected to retain its momentum over the forecast period. The fast-growing economies in Middle East and Africa are also projected to show a significant demand for gable top cartons over the next six years.

Drivers

Growing beverage industry.

Increasing preference for flexible packaging.

Restraints

Difficult recycling and disposal

The major players profiled in the gable top liquid cartons market include Evergreen Packaging LLC, Italpack Cartons S.R.L, Rotopak LLC, Elopak AS, Tetra Pak International S.A., Nippon Paper Industries Co. Ltd., Adam Pack SA, SIG Combibloc Group Ltd, Visy Group, Parksons Packaging Ltd.

Segmentation

The gable top liquid cartons market has been analyzed through the following segments:

By Material Type

Aluminum
Polyethylene
Paper

By Closure Type

Straw Hole Opening
Twist Opening
Cut Opening
Others

By Capacity

100 - 500 ml
500 -1000 ml
1000 ml and above

By End-User

Beverage
Dairy

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others