Global Liquid Packaging Cartons Market Grows Steadily at a CAGR of 4.2%

A multi-ply paperboard with robust wet sizing, high stiffness, and a high barrier coating is known as a liquid packing board. The barrier layer must protect the liquid from dripping through the paperboard and prevent air and flavor from leaking out. A multi-ply paper machine is used to manufacture a board for liquid packaging that may have up to five plies. The increased usage of liquid packaging cartons in the food and beverage (F&B) industry for tracking, preserving, and ensuring the secure transit and storage of fast-moving consumer goods (FMCG) is one of the key reasons driving the market expansion.

Market Dynamics

Rising Demand for Eco-friendly Packaging Drives the Global Market

The use of liquid packing cartons is rising due to consumer and brand demand for environmentally friendly goods. This occurs due to growing environmental consciousness and the need to reduce fossil fuel dependency. New materials are created and improved daily with better properties and expanded capabilities. Businesses are forced to use these types of liquid packing cartons in their line of work as consumers focus on sustainability issues in product packaging. For instance, Elopak offers pure Pak containers that are 100 percent renewable and low carbon. The Pure-Pak carton is a popular, naturally sustainable, and valuable substitute for a plastic bottle. Vendors are also continuously creating and bringing eco-friendly liquid packaging cartons to the market to keep up with the shifting consumer preference for sustainable and environmentally friendly packaging solutions.

Growing Use in the Food and Beverages (F&B) Sector Creates Tremendous Opportunities

The expanding usage of liquid packaging cartons in the food and beverage (F&B) industry for tracking, preserving, and ensuring the safe transit and storage of fast-moving consumer goods is one of the key factors driving the market expansion (FMCG). Consumers' changing preferences for healthy ready-to-eat (RTE), on-the-go drinks, and dietary supplements are acting as another growth-inducing element due to rising health awareness and hectic schedules. Due to growing environmental concerns, ecologically friendly liquid packaging cartons have also emerged, encouraging market growth. Governments from many nations are adopting beneficial laws to promote the use of recyclable and sustainable packaging options, increasing industry growth and offering extra support. The market's expansion is impacted by top competitors using cutting-edge marketing strategies, such as customized packaging with enhanced visual appeal.

Regional Analysis

Europe is the most significant shareholder in the global liquid packaging cartons market and is expected to grow at a CAGR of 3.5% during the forecast period. Several companies in France use liquid carton packaging to promote the circular economy and sustainable business practices. In addition, the government modified its tax laws, which resulted in a 10% price increase for goods, to stop and reduce the use of non-recyclable packaging. The end effect of all measures is using carton packaging for liquid products like milk and drinks. Numerous surveys have found that most British citizens know the benefits of recycled goods.

Additionally, Tesco worked with Alliance for Beverage Cartons and the Environment (ACE UK) on a five-month pilot project to collect beverage cartons at in-store recycling bins. To determine how willing customers are to bring packaging back to the stores for recycling, eleven Tesco locations will install carton recycling kiosks. Most European countries support the circular economy movement. The European Green Deal's goals can be supported by using beverage cartons as a low-carbon, recyclable packaging solution, according to the Alliance for Beverage Cartons and the Environment (ACE).

North America is expected to grow at a CAGR of 3.80%, generating USD 4.38 billion during the forecast period. The United States has a more robust demand for carton milk and other dairy products because of the variety of flavors, health advantages, and safe packaging. Cold-pressed juices are growing in popularity in the US due to rising health consciousness and growing demand for products with little processing and organic and natural ingredients. Brand owners developed juice cartons because they offer a long shelf life at room temperature, high protection, and environmental advantages. Juice consumption has increased in the US due to concerns over obesity and the ensuing rise in sugar intake. The precipitous decrease in soft drink consumption over the previous five years has been significantly attributed to the aging of the Canadian population.

Over the past two decades, the phenomenal growth of liquid packaging in China has been primarily attributed to concerns about sustainability, technological innovation, and enticing economics. Shou Quan Zhai (SQZ), one of China's oldest food businesses, expanded into the beverage industry with a new line of products designed for ready-to-drink consumption. Plum juice and ginger tea drinks are the country's first non-dairy drinks. The need for paperboard packaging in China rises due to end-user suppliers' ongoing investments in new beverages for the market's consumers. Japan extensively uses aseptic packaging, which involves sterilizing the contents separately from the packaging before adding them to the containers in a sterile setting. For Instance, the Nippon Paper Group provides NASTOM SEPTIC, an aseptic filling system for paper packaging that can fill liquids with particles, long fibers, and high-viscosity products like smoothies, soups, vegetable juice, and milk with coconut flakes, among others. In India, the laws governing environmental contamination are also evolving. As a result, market vendors are developing innovative and environmentally friendly packaging.

Key Highlights

• The global liquid packaging cartons market was valued at USD 11.05 billion in 2021. It is projected to reach USD 16.00 billion by 2030, growing at a CAGR of 4.20% during the forecast period (2022-2030).
• Based on liquid type, the global liquid packaging cartons market is bifurcated into milk and other dairy products, juices, energy drinks, and other liquid types. The milk and other dairy products segment is the highest contributor to the market and is expected to grow at a CAGR of 3.4% during the forecast period.
• Europe is the most significant shareholder in the global liquid packaging cartons market and is expected to grow at a CAGR of 3.5% during the forecast period.

Market Segments

Global Liquid Packaging Cartons Market: Segmentation

By Liquid Type

• Milk and Other Dairy Products
• Juices
• Energy Drinks
• Other Liquid Types

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA