Market Size of Liquid Packaging Cartons Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 12.54 Billion |
| Market Size (2029) | USD 15.92 Billion |
| CAGR (2024 - 2029) | 4.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Liquid Packaging Cartons Market Analysis
The Liquid Packaging Cartons Market size is estimated at USD 12.54 billion in 2024, and is expected to reach USD 15.92 billion by 2029, growing at a CAGR of 4.90% during the forecast period (2024-2029).
Liquid packing cartons ensure content security and protection from outside pollutants, extending the product's shelf life. Both edible liquids, such as dairy goods, fruit juices, tomato sauce, soft drinks, and water, and non-edible liquids, like oils, fuels, and cleansers, are packaged in cartons.
- The need for packaged liquid products is driven by the quick urbanization of developing countries, fostering market expansion. In addition, rising consumer expenditure and higher disposable income fuel the growth of the liquid packaging cartons market.
- The industry is expanding by introducing ecologically friendly liquid packing cartons due to growing environmental awareness. This trend is further supported by favorable policies by governments from various nations to promote the use of recyclable and eco-friendly packaging choices, speeding up market expansion.
- Fruit juice is a beverage category that is expanding quickly, yet the majority of these juices are susceptible to oxidation. Vitamins are lost during oxidation, and flavor and appearance also undergo unfavorable modifications. These undesirable quality changes frequently occur during the fluid's processing, packaging, transportation, or storage. Liquid carton expansion is impacted by new package design advancements brought on by the requirement for quality control.
- The demand for liquid packaging cartons will likely be hampered by the increased preference for plastic containers for packaging liquid food products due to their ease of transportation and cost-effective benefits.
- With the COVID-19 outbreak, the liquid packaging cartons market saw slow growth due to lockdowns being imposed across the world, which disrupted the supply chains and led to the closure of production plants.
