Liquid Packaging Cartons Market Size (2024 - 2029)

Liquid Packaging Cartons Market Analysis

The Liquid Packaging Cartons Market size in terms of shipment volume is expected to grow from 5.90 Million tonnes in 2024 to 7.30 Million tonnes by 2029, at a CAGR of 4.38% during the forecast period (2024-2029).

One of the main factors contributing to market growth is the growing beverage industry, which tracks, conserves, and ensures the safe transit and storage of fast-moving consumer goods (FMCG). With growing health awareness and busy schedules, consumers' shifting preferences for healthy ready-to-eat (RTE), on-the-go drinks, and dietary supplements are expected to function as another growth-inducing element during the forecast period.

• As premium and luxury products surge in demand, so does the demand for cartons, often linked to these high-end offerings. Technological and design innovations in cartons, including superior printing techniques and the adoption of cutting-edge materials like bioplastics, have significantly boosted their market appeal.
• Consumer and brand demand for sustainable products is fueling the rise in liquid packaging carton usage. This shift stems from heightened environmental awareness, a push to reduce reliance on fossil resources, and ongoing innovations in materials boasting enhanced properties and functionalities.
• The demand for organic beverages surges as consumers become more aware of the advantages of organic products, such as reduced exposure to pesticides and other contaminants. Consumers prioritize sustainability and eco-friendliness in their beverage choices, often viewing organic products as more sustainable than their conventional counterparts. With a heightened focus on health and wellness, consumers increasingly turn to organic beverages to bolster their healthy lifestyles.
• Sustainable packaging is increasingly becoming a significant factor in many consumers' purchasing decisions. This level of influence is expected to increase further as more people become aware of the environmental impacts of materials such as plastic.
• Rising raw material and energy prices, shortages of recycled fibers due to concerns over wastepaper recovery, and the growing influence of the global supply chain crisis impacted the paper industry. However, the key factors that affected the liquid packaging cartons market after the pandemic include the impact on each stage of its value chain, including the workforce at an industrial level, raw material supply, and uncertain beverage demand at different outlets.

Liquid Packaging Cartons Industry Segmentation

Liquid packaging carton refers to a carton made using liquid paperboard, polymer, and aluminum as a raw material used to pack and distribute products such as milk, juices, dairy products, energy drinks, and other liquid products. The study on the global liquid packaging carton market tracks demands in terms of consumption volume (thousand tonnes). The volume serves as the primary reporting metric, given the significant price fluctuations and the diverse materials employed to produce liquid packaging cartons. The study factors in the impact of geopolitical factors on the liquid packaging carton market based on the prevalent base scenarios, key themes, and end-use industry-related demand cycles. Liquid packaging cartons, liquid carton packaging, and liquid cartons are interchangeably used across the report.

The liquid packaging cartons market is segmented by liquid type (milk, juices, energy drinks, and liquid type), geography (North America [United States and Canada], Europe [United Kingdom, Germany, 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 & Africa [United Arab Emirates, Saudi Arabia, and the Rest of Middle East & Africa]). The report offers the volume in tons for the above segments.