Liquid Packaging - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Liquid Packaging Market is accounted for $333.73 billion in 2019 and is expected to reach $590.79 billion by 2027 growing at a CAGR of 7.4% during the forecast period. Technological developments in the packaging sector, increasing population in emerging economies and shift in preferences of the consumer resulting in higher demands for packaged beverages are propelling the market growth. However, a substitution product such as bio-based polymers is hampering market growth.
Liquid packaging is the packaging variants and items intended to protect the liquid-based substance from the outer environment after they have been produced to the point of end-consumption. These products are delivered in different shapes, sizes, materials and variants and each component has different kind of advantages and functionalities.
Based on the packaging type, the rigid liquid packaging segment is going to have a lucrative growth during the forecast period as they are widely used to manufacture packaging for beverages, and pharmaceutical drugs because of their excellent properties of this packaging such as ease of transport and carrying and excellent shelf-life. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the expansion of food & beverage and pharmaceutical sectors, favourable government policies for manufacturers, and the shifting of the production facilities by major players because of the low labor and operating costs.
Some of the key players profiled in the Liquid Packaging Market include Weyerhaeuser Company, The DOW Chemical Company, Smurfit Kappa, Sidel, Mondi PLC, International Paper, Evergreen Packaging, Tetra Pak International S.A., Billerudkorsnas AB, and Elopak.
Packaging Types Covered:
• Flexible Liquid Packaging
• Rigid Liquid Packaging
Type of Openings Covered:
• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Other Resins
• Vacuum Packaging
• Modified Atmosphere Packaging
• Intelligent Packaging
• Form Fill Seal Technology
• Blow Molding
• Aseptic Liquid Packaging
End Users Covered:
• Food & Beverages
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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