Report ID: SQSG15H2007
Report ID:
SQSG15H2007 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
121 |
Figures:
77
Liquid Packaging Carton Market size was valued at USD 19.3 billion in 2019 and is poised to grow from USD 20.42 billion in 2023 to USD 33.92 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).
Liquid packing cartons are primarily used to package beverages and dairy goods to provide appropriate preservation, convenience, and other benefits such as damage protection. They are usually made of paperboard, aluminium, and plastic. These containers make it possible to transport liquid food products such as soft drinks and juices in a safe and convenient manner. They also protect the liquid food product from contamination and other hazards. These are in high demand among manufacturers due to their numerous advantages such as manoeuvrability, recyclability, ease, and eco-friendliness. They are available in a variety of forms and sizes depending on the application, and they are also simple to manufacture as needed. Growing environmental concerns about the use of plastic packaging, the recyclable nature of carton packs, and the convenience of glass packaging are some of the factors that will drive liquid packaging carton market expansion in the next years. However, the widespread usage of plastic packaging as an alternative to carton packaging may limit market growth. The primary rivals for liquid packing cartons are high density polyethylene (HDPE) and polyethylene terephthalate (PET). Some of the variables that will regulate the market are demographics, economics, and sustainability. Packaging technology innovation and the usage of renewable materials may offer up considerable potential opportunities for the market.
US Liquid Packaging Carton Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONLiquid Packaging Carton Market size was valued at USD 19.3 billion in 2019 and is poised to grow from USD 20.42 billion in 2023 to USD 33.92 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).
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Report ID: SQSG15H2007