Liquid packaging carton, known as beverage carton, is utilized for storing and transporting liquid products with high safety. Liquid packaging cartons are available in various sizes, designs, and shapes according to the requirement of liquid product and producers branding strategy. Depending on its nature of the application, liquid packaging cartons can be manufactured using uncoated paperboard, and LDPE coated or uncoated paperboard, aluminum coated, and LDPE coated. In liquid packaging industry, these packaging materials are utilized for various dairy products packaging, water packaging, soft drink packaging, and energy & sports drinks packaging.
The global liquid packaging cartons market report has been segmented on the basis of packaging type, technique, end-use application, and region.
On the basis of packaging type, the global liquid packaging cartons market has been segmented into flexible liquid packaging and rigid liquid packaging. The rigid liquid packaging segment is estimated to account for largest share in terms of revenue in the global liquid packaging cartons market. Rigid liquid packaging segment revenue is also expected to grow at highest CAGR over the forecast, owing to its end-use application in cartons, glass, cans, paperboard, plastics and PET bottles packaging.
On the basis of end-use application, the global liquid packaging cartons market has been segmented into dairy products, soft drinks, fruit juices, and others (water, and sauces). The dairy products segment is estimated to account for highest share in the global liquid packaging cartons market in terms of revenue, owing to constantly inclining demand for dairy products from various food & beverages industries.
On the basis of region, the global liquid packaging cartons market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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North America market is estimated to account for major revenue share in the global liquid packaging cartons market in 2017. Asia Pacific liquid packaging cartons market has been predicted to witness high growth in terms of revenue in next five years, owing to increasing demand for food & beverages products from various emerging economics in this region.
Key players operating in the global market include The DOW Chemical Company, International Paper, Tetra Pak International S.A., Smurfit Kappa Group, Mondi PLC, Weyerhaeuser Company, Billerudkorsnas AB, Sidel, Evergreen Packaging LLC, and Elopak.