Liquids and semi-liquids can be packaged, transported, and stored using a variety of materials and packaging designs. Liquids must be packaged carefully to enable secure transport and long-term storage. It also includes flexible packaging formats including films, stand-up pouches, squeezable tubes, cartons, and bag-on-box in addition to rigid packaging kinds like bottles and containers. The packaging for liquids in liquid cartons may be built of a single substrate or a multi-layered laminate. They are also used to package food goods in addition to non-food things like chemicals.
Market Research Future says that the liquid packaging market might soar from USD 349.8 billion in 2023 to a whopping USD 512.9 billion by 2032, at a CAGR of 4.90% from 2023 to 2032. The COVID-19 pandemic has significantly impacted the global food supply system, which has an impact on the packaging industry. The widespread diffusion of COVID-19 has long-term health effects as well as an increase in death cases. As a result, the government has recently implemented strict lockdown laws that have an effect on every sphere of the economy.
In the past, materials like glass, paper and paperboards, metals (such as tinplate, foils and laminates, aluminium, and tin-free steel), and polymers have been used to package food. In addition, it is projected that the use of aluminium films for packaging would radically alter the food packaging industry and accelerate the growth of the liquid packaging market in the coming years. The market for liquid packing will also grow in tandem with the trend towards maintaining food quality and freshness throughout storage and transit.
Additionally, it is believed that the market can gain from the surging usage of plastics for liquid packaging given their affordability when compared to other materials like glass and tin plates. In comparison to other types of packaging, plastics have certain useful features, such as the ability to be microwaved, their ability to be thermosealed, and their availability in an unlimited variety of shapes and sizes. The development of liquid packing is supported by optical properties, which are another crucial component. Plastic is used to protect goods from the environment, prolonging their shelf life and protecting it from moisture and bacteria.
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With more people migrating into urban areas, liquid items may be transported over longer distances and have longer shelf lives, which will increase the size of the liquid packaging sector. Many people are attracted to cities because of their lifestyles and the superior job chances they provide.
Since milk includes a high amount of calcium and other necessary elements, it is one of the key staple foods and a crucial element of a balanced diet. Numerous studies have demonstrated the health advantages of milk, including its ability to lower blood sugar levels, protect against diabetes, and promote bone and brain health.
Liquid carton packaging is required as a result of consumers’ increasing desire for packaged items like milk. Increased environmental concerns over the use of plastic are driving up demand for brick-liquid containers. Carton packaging has long been used for milk since it is both hygienic and environmentally favourable. Paperboard is one of the materials that is regularly utilized to create milk packing cartons. One type of poly-coated paper packaging is milk cartons, often known as gable-top cartons.
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Segmentation Analysis
Paperboard, plastics, glass, metal, and other materials are the five material-based categories that make up the market.
With respect to the type of packaging, the global market for liquid packaging has been segmented into Flexible & Rigid.
Depending on the technique, the aseptic liquid packaging, blow moulding, and form fill seal segments make up the global market for liquid packaging.
Personal care, food and beverage, household care, industrial, pharmaceutical, and others are the top end-users in the liquid packaging industry.
Detailed Regional Analysis
Major regions including Europe, North America, Asia-Pacific, and the Rest of the World are discussed in detail in the report.
The liquid packaging market has been dominated by Asia Pacific since 2022 (45.80%). The primary forces behind the development are the dramatic growth of the pharmaceutical and food and beverage industries as well as the relocation of manufacturing facilities as a result of the area’s cheap operating and labor expenses.
Competitive Analysis
Some of the distinguishing characteristics of the market include company alliances and partnerships, the acquisition of smaller businesses as part of strategic growth, and the launch of new product samples.
Constantia Flexibles, Tetra Laval, Smurfit Kappa Group PLC, Berry Global Group INC., Gerresheimer AG, Sig Combibloc Group AG, Goglio S.P.A., Proampac LLC, Reynolds Group Holdings LTD., Amcor PLC., Mondi PLC, Sealed Air Corporation, Sonoco Products Company are the top developers of liquid packaging in the worldwide industry.
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