Liquid Packaging Cartons Market Size (2024 - 2029)

The liquid packaging cartons market is projected to experience growth driven by increasing demand for packaged liquid products, spurred by urbanization and rising disposable incomes in developing countries. The market's expansion is further supported by the introduction of eco-friendly packaging solutions and favorable government policies promoting recyclable options. However, the market faces challenges from the growing preference for plastic containers due to their cost-effectiveness and ease of transportation. Additionally, the market's growth was temporarily hindered by the COVID-19 pandemic, which disrupted supply chains and production activities.

Home Market Analysis Packaging Research Packaging Materials Research Paper & Paperboard Packaging Research Liquid Packaging Cartons Industry Market Size

Market Size of Liquid Packaging Cartons Industry

Liquid Packaging Cartons Market Summary
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

Liquid Packaging Cartons Market Major Players

*Disclaimer: Major Players sorted in no particular order

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.

Liquid Packaging Cartons Industry Segmentation

Liquid packaging cartons are containers that enable safe transportation and storage of liquid products and customized packaging based on the marketing requirements of manufacturers.

The Liquid Packaging Cartons Market is Segmented by Liquid Type (Milk, Juices, and Energy Drinks) and Geography (North America (United States and Canada), Europe (Germany, United Kingdom, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, Australia & New Zealand, and the Rest of Asia-Pacific), Latin America (Brazil, Argentina, Mexico, and the Rest of Latin America), and Middle East and Africa (United Arab Emirates, Saudi Arabia, and the Rest of Middle East & Africa)). The market sizes and forecasts are provided in terms of value (USD billion) for all the segments.

By Liquid Type
Milk
Juices
Energy Drinks
Other Liquid Types
By Geography
North America
United States
Canada
Europe
France
United Kingdom
Germany
Rest of Europe
Asia Pacific
China
Japan
India
Australia and New Zealand
Rest of Asia Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
United Arab Emirates
Saudi Arabia
Rest of Middle East and Africa
Need A Different Region Or Segment?
Customize Now

Liquid Packaging Cartons Market Size Summary

The liquid packaging cartons market is poised for significant growth, driven by the increasing demand for secure and environmentally friendly packaging solutions. These cartons are essential for preserving the quality and extending the shelf life of both edible and non-edible liquids, including dairy products, fruit juices, and fuels. The market's expansion is fueled by rapid urbanization in developing regions, rising consumer spending, and a growing preference for sustainable packaging options. The industry is witnessing a shift towards eco-friendly materials, supported by government policies promoting recyclable packaging. However, the market faces challenges from the rising preference for plastic containers, which offer convenience and cost benefits.

In the Asia-Pacific region, the liquid packaging cartons market is experiencing robust growth, bolstered by the entry of leading beverage companies and the increasing consumption of packaged beverages among millennials. The region's focus on sustainability and technological advancements in packaging is driving the adoption of paperboard cartons over traditional rigid options. The market is characterized by a fragmented landscape with key players like Elopak, Evergreen Packaging LLC, and SIG Global Pte. Ltd., alongside local companies. Strategic collaborations and acquisitions are expected to further propel market growth, as companies seek to enhance their offerings and expand their geographical presence. The demand for liquid packaging cartons is also supported by favorable government initiatives aimed at reducing carbon footprints and promoting sustainable packaging solutions.

Explore More

Liquid Packaging Cartons Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Supply Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Liquid Type

      1. 2.1.1 Milk

      2. 2.1.2 Juices

      3. 2.1.3 Energy Drinks

      4. 2.1.4 Other Liquid Types

    2. 2.2 By Geography

      1. 2.2.1 North America

        1. 2.2.1.1 United States

        2. 2.2.1.2 Canada

      2. 2.2.2 Europe

        1. 2.2.2.1 France

        2. 2.2.2.2 United Kingdom

        3. 2.2.2.3 Germany

        4. 2.2.2.4 Rest of Europe

      3. 2.2.3 Asia Pacific

        1. 2.2.3.1 China

        2. 2.2.3.2 Japan

        3. 2.2.3.3 India

        4. 2.2.3.4 Australia and New Zealand

        5. 2.2.3.5 Rest of Asia Pacific

      4. 2.2.4 Latin America

        1. 2.2.4.1 Brazil

        2. 2.2.4.2 Argentina

        3. 2.2.4.3 Mexico

        4. 2.2.4.4 Rest of Latin America

      5. 2.2.5 Middle East and Africa

        1. 2.2.5.1 United Arab Emirates

        2. 2.2.5.2 Saudi Arabia

        3. 2.2.5.3 Rest of Middle East and Africa

Liquid Packaging Cartons Market Size FAQs

The Liquid Packaging Cartons Market size is expected to reach USD 12.54 billion in 2024 and grow at a CAGR of 4.90% to reach USD 15.92 billion by 2029.

In 2024, the Liquid Packaging Cartons Market size is expected to reach USD 12.54 billion.

Liquid Packaging Cartons Market Report Snapshots

Liquid Packaging Cartons Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)