Scope of the Study
Due to the upsurging growth of the food and beverage industry over the past couple of decades has led to increasing demand for packaging solutions. Increasing automation in packaging solutions has led to upsurge the business for liquid packaging. In addition to this, the growing adoption of customized packaging as well as personalized attractive liquid packaging will boost the liquid packaging market. However, multiple substitutes available for liquid packaging such as bio-based polymers might stagnate the demand. On the other hand, cost-effectiveness from packaging will upsurge the demand for liquid packaging over the forecasted period.
The market study is being classified by Type (Flexible (Films, Sachets, Pouches) and Rigid (Paperboard, Bottles, Cans, Drums and Containers)), by Application (Food and Beverage, Personal Care, Pharmaceuticals, Chemicals and Household Care) and major geographies with country level break-up. According to AMA, the Global Liquid Packaging market is expected to see growth rate of 4.89% and may see market size of USD372.34 Billion by 2024.
Tetra Laval International S.A. (Switzerland), Comar LLC (United States), Evergreen Packaging LLC (United States), Liqui-Box Corporation (United States), BillerudKorsnäs AB (Sweden), International Paper Company (United States), Klabin Paper (Brazil), Nippon Paper Industries Co., Ltd. (Japan), Smurfit Kappa Group Plc (Ireland), The DOW Chemical Company (United States) and Mondi Group (Austria) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Weyerhaeuser Company (United States), Sidel India Pvt Ltd (United States) and Elopak (Norway).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Liquid Packaging market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Liquid Packaging market by Type, Application and Region.
On the basis of geography, the market of Liquid Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Aseptic Liquid Packaging will boost the Liquid Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Resin, the sub-segment i.e. Polyethylene will boost the Liquid Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use Industry, the sub-segment i.e. Food & Beverage will boost the Liquid Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Introduction to Innovative Packaging Types with Attractive Brand Presentation
- Upsurging Demand for Liquid Packaging in European & Asia Pacific Market
- Adoption of Technologically Advanced Liquid Packaging Systems
- Development of Cost-Effective Solution Across the Globe
- Availability of Substitute Products like Bio-Based Polymers might Stagnate the Demand
- Growing Emphasis on Developing Personalised Liquid Packages
- Robust Population Growth will Lead to Increased Consumption
- Environmental Challenges such as Increasing Carbon Footprint
- Stringent Government Regulations on Use of Platic Material In liquid Packaging
On August 31, 2018, a leading designer and manufacturer of quality healthcare packaging products, "Comar" has introduced the new SecureCap and QuarterLoc child-resistant closure, a one-piece push-and-turn bottle closure that requires only a quarter turn to apply or remove. Designed to be compatible with multiple products, the closure has passed the Consumer Product Safety Commission testing protocols for both child resistance and senior friendly performance. Both products are manufactured from polypropylene and work with PET bottles. The one-piece design reduces manufacturing complexity and is more environmentally responsible.
Key Target AudienceLiquid Packaging Service Providers, Liquid Packaging Downstream Buyers, Packaging Industry Associations, Food and Beverage Industry, Government Regulators, Research and Development Institutes and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase