Liquid Packaging Carton Market: Introduction
Liquid packaging cartons are used for the safer storage of liquid products by reducing the associated risk of damaging the product while transportation. The numerous types of liquid packaging cartons are used such as gable top and shelf stable cartons which facilitates the protection and strength to the products stored in cartons.
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The Liquid Packaging Carton Market is anticipated to witness growth due to rising number of brands, that emphasis on advancement in the liquid packaging cartons coupled with the increasing environmental concerns to avoid plastic packaging. For instance, the Tetra Pak Company, a leading player in the packaging and processing sector, invented the aseptic carton technology to increase the shelf life, is propelling the global liquid packaging carton market.
Gable top is anticipated to dominate the global liquid packaging carton market over the forecast period owing to its various benefits such as eco-friendly, convenient in transportation and storage is fostering the market demand. This packaging type is widely used in storing various types of products such as yoghurt, health drinks, milk, alcohol and several others. Leading companies producing gable top includes Parksons Packaging, American Carton Company, Tetra Pak International S.A., Aseptic Packaging Material Co. Ltd. And several others.
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Asia Pacific is anticipated to witness significant growth during the forecast period owing to the shift towards recycled packaging materials in in the economies such as Thailand, China and India. Primarily, China is known for the largest packaged water market which is deviating from the use of the plastics to PET packaging. According to a report by Agriculture and Agri-Food Canada suggests that China’s bottled market valued at U.S. $16.4 billion in 2015. Therefore, it is anticipated that the region will witness significant demand for the liquid packaging carton over the forecast period.
The key players operating in the Liquid Packaging Carton Market TidePak Aseptic Packaging Material Co., Ltd., SIG Global, Tetra Pack Inc., Greatview Aseptic Packaging Co., Ltd, Refresco Gerber N.V. and several others.
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