The growing preference of consumers towards ready-to-eat and ready-to-carry liquid food products has created strong growth opportunities for liquid packaging manufacturers. The major segments in liquid food include soft drinks, water, fruit juices and dairy products among others. Liquid packaging may differ from product to product and the quantity of the product to be packed. Packaging may be of various shapes, sizes and has to be designed relatively feasible to the form of the product and need of the packager.
One of the key factors driving the growth of global liquid packaging market is the increasing inclination of consumers towards packaged drinks and food products. Fast paced lifestyle as well as better convenience of packaged drinks as compared to other packaging methods such as glass bottles is another major factor fueling the growth of liquid packaging market. Plastic packaging is one of the key alternatives and major competitor for the carton packaging for drinks. Moreover, carton packaging scores much on the recyclability and environmental grounds. In addition, consumers seek for environment friendly modes of packaging which could be another major aspect anticipated to boost the growth of liquid packaging market. Also, in the long run, feasible recyclability of liquid packages helps in reducing the overall municipal wastage and brings down the total cost of production.
The global liquid packaging market is mainly regulated by changing economics, sustainability and demographics. Asia-Pacific is considered as home to the largest population of the world and is also considered as the fastest growing market for liquid packaging products. Rapid growth of population in countries such as India, China, Pakistan, Thailand and Indonesia coupled with the increasing per capita disposable incomes has resulted in the rapid growth of the liquid food industry, which in turn is driving the growth of liquid packaging market. While North America is witnessing stagnation in the global market, the growth in Europe is anticipated to be feasibly moderate. Latin America, Russia, Asia-Pacific and Africa are considered to be the key regions driving the growth of liquid packaging market over the forecast period.
Market Classification and Overview
The global liquid packaging market can be segmented on the basis of resin, packaging type, end-use industry, technique and geography. On the basis of resin, the global liquid packaging market can be segmented into polyethylene, polypropylene, polyethylene terephthalate and others. On the basis of packaging type, the global liquid packaging market can be segmented into flexible liquid packaging, stand-up pouch packaging, bag-in-box packaging, packaging films, rigid liquid packaging, cartons, paperboard, plastics & pet bottles, cans and glass. By end-use industry, the global liquid packaging market can be segmented into food & beverages, non-food and industrial. On the basis of technique, the global liquid packaging market is segmented into aseptic liquid packaging, blow molding, and form fill seal technology. On the basis of region, the global liquid packaging market is segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Global Liquid Packaging Market
2014 – 2024
2014 – 2015
2017 – 2024
Resin, Packaging Type, End-Use Industry, Technique, Geography
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,
Player Profiling, Value Chain Analysis
Major players operating in the global liquid packaging market are focusing on some key market strategies such as mergers and acquisitions to keep hold in the ever competitive market. Moreover, they are concentrating on collaborating with local players to increase their market reach as well as strengthen their goodwill in the global market. Some of the key players involved in the manufacturing of liquid packaging products include Comar Inc., Tetra Laval International S.A., Evergreen Packaging Inc., Elopak Inc., Weyerhaeuser Co., Nippon Paper Industries Co., Ltd, Liqui-Box Corporation, Refresco Group N.V. and SIG Combibloc among others.
Market by Resin
· Polyethylene terephthalate
Market by Packaging Type
· Flexible liquid packaging
· Stand-up pouch packaging
· Bag-in-box packaging
· Packaging films
· Rigid liquid packaging
· Plastics & pet bottles
· Cans and glass
Market by End-Use Industry
· Food & beverages
Market by Technique
· Aseptic liquid packaging
· Blow molding
· Form fill seal technology
Market by Geography
· North America
o Rest of Europe
o Rest of Asia-Pacific
· Latin America
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
The global sheet metal market size is expected to reach around USD 370 billion by 2026 growing at a CAGR of over 4.59% throughout the forecast period 2019 to 2026. Sheet metal products are highly solid and are used in robust structures. In addition, they are thin and light weight, an easy to transport. These are suitable for use in different weather conditions and provide resistance to humidity and corrosion.
The global mobile pumps market is expected to grow at a CAGR of around 4.1% from 2019 to 2026 and expected to reach the market value of around 696 Mn by 2026. A pump refers to the device which uses pressure or suction to raise or move compress gases, liquids, or force air through mechanical action. The mobile pumps are those which can be moved from one place to another for accompli
The global mobile tanks market size is expected to reach around US$ 809 million by 2026 with a CAGR of above 4% during the forecast period 2019-2026. Infrastructural development activities are taking places across the globe and government is focusing on development of outskirts region. Continuous construction activities are carried out in order to bridge this development gap and mo
The global heating equipment market is expected to grow at noteworthy CAGR around 5.2 % throughout the forecast period and reach around US$ 52 billion by 2026. The need for efficient heating systems has resulted to the growth of mechanical devices that are cost-effective in providing the necessary heating atmosphere. With fast technological growth, heating equipment delivers effect
The global asphalt shingles market value is expected to reach around US$ 11 billion by 2026 growing at noteworthy CAGR around 7.5 % throughout the forecast period 2019 to 2026. The most popular roofing materials for various building projects worldwide are asphalted shingles. The roofs in single buildings, tiny housing projects and house rows are frequently used. Asphalt shingles are used mainly to
The global portable air compressor market is expected to grow at noteworthy CAGR around 3.7 % throughout the forecast period and reach around US$ 10 billion by 2026. The market for portable air compressors is used in multiple sectors such as production, healthcare, construction and design, food and beverage, etc. In the coming years, the increased use of products due to mobility comforts will boost