Global Liquid Food Packaging Market Description
The packaging of liquid foods comes quite handy during transportation of these foods, travelling and storage of the foods. To preserve the food in quite a good condition it is essential to choose the right type of liquid storage with the appropriate quality. Stand-up-pouches, cartons, bag-on-box and squeezable tubes happen to be some of the types of liquid food packaging.
Global Liquid Food Packaging Market Overview
It is estimated for the liquid food packaging market to witness growth at a CAGR of 5.1% during the forecast period of 2022 to 2030. Glass, paper & paper boards, metals and plastics are the materials which have traditional uses in the industry of food packaging. Also, the arrival of aluminum films for the tacking of food is estimated to boost the food packaging market and further increase the growth of the market during the forecast period.
Furthermore, the rise in the trend toward freshness and quality of the food in the time of storage and distribution is forecasted to drive the growth of the market for liquid packaging during the forecast period.
Owing to its low cost compared to other materials including glass and tin plates likely to boost the rise of the market during the forecast period. The trend is estimated to continue throughout the forecast period. Also, plastics come with various functional uses compared to other packaging materials such as microwave ability, thermo-sealability, unlimited sizes & shapes, and optical properties and these factors are estimated to boost the growth of liquid packaging during the forecast period.
Global Liquid Food Packaging Market Key Trends
The arrival of aluminum films to boost the growth of the market
Glass, paper & paper boards, metals and plastics are the materials which have traditional uses in the industry of food packaging. Also, the arrival of aluminum films for the tacking of food is estimated to boost the food packaging market and further rise the growth of the market during the forecast period.
Low cost of these liquid food packaging materials to drive the market growth
Owing to its low cost compared to other materials including glass and tin plates likely to boost the rise of the market during the forecast period. The trend is estimated to continue throughout the forecast period.
Global Liquid Food Packaging Market Segmental Assessment
By Packaging Type
Flexible
Rigid
It is estimated for the rigid segment to boost the growth of the market during the forecast period.
By Raw Material
Paper
Plastics
Glass
Metal
It is estimated for the paper segment to boost the growth of the market during the forecast period.
By Technique
Modified Atmosphere Packaging
Aseptic Packaging
Intelligent Packaging
Vacuum Packaging
It is estimated for the vacuum packaging segment to boost the growth of the market during the forecast period.
Global Liquid Food Packaging Market Geographical Landscape
It is estimated for the region of Asia Pacific to witness the growth at the highest rate in the market during the forecast period. The favorable government policies for manufacturers, expansion in pharmaceutical and food & beverage sectors, and the shifting of the production facilities in the region due to low operating and labor costs are the factors that are estimated to boost the growth of the market throughout the forecast period.
Report Scope
Global Liquid Food Packaging Market :Historical Years (2018 to 2021)
Global Liquid Food Packaging Market :Forecast years (2022 to 2030)
Global Liquid Food Packaging Market CAGR 5.1%
Key Segments Reported
By Packaging Type (Flexible and Rigid)
By Raw Material (Paper, Glass, Metal and Plastic)
By Technique (Modified Atmosphere Packaging, Aseptic Packaging, Intelligent Packaging and Vacuum Packaging)
Major regions and countries covered
North America
Europe
Asia Pacific
Middle East
Rest of the World
The top players in the market include Comar LLC, Tetra Laval International S.A., Liqui-Box Corporation, Evergreen Packaging Inc., International Paper Company, BillerudKorsns AB, Nippon Paper Industries Co., Ltd. and Klabin Paper.
