Liquid packaging board, also known as liquid packaging carton board, is a specialized material used for manufacturing packaging for liquid products. This type of board is designed to provide strength, stability, and barrier properties required to protect liquid contents from external factors.
The global demand for Liquid Packaging Board Market is poised for remarkable growth, with a projected value of US$ 9,230.8 Million in 2022, expected to surge at a compelling CAGR of 3.5%, ultimately reaching a valuation of US$ 13,021.0 Million by 2032. This growth trajectory is predominantly ascribed to the burgeoning field of nano-food packaging.
Liquid packaging boards belong to the category of laminated boards, typically featuring multiple layers with a coating of low-density polyethylene (LDPE) and aluminum. This specialized type of board is designed with a barrier coating to effectively contain liquids while preventing the undesirable migration of flavors and air through the liquid packaging board.
Get Exclusive Sample Copy of the Report [Free]: https://www.futuremarketinsights.com/reports/sample/rep-gb-4420
Market Drivers
- Increasing Demand for Sustainable Packaging:
- The growing emphasis on sustainability and eco-friendly packaging solutions is a significant driver. Liquid packaging board, being recyclable and derived from renewable resources, aligns with consumer and industry preferences for environmentally responsible packaging.
- Rise in Packaged Beverage Consumption:
- The global increase in the consumption of packaged beverages, including juices, milk, and other liquid products, has led to a higher demand for liquid packaging board. Consumers appreciate the convenience, freshness, and portability offered by liquid packaging.
- Expanding Aseptic Packaging Applications:
- Liquid packaging board is commonly used in aseptic packaging, where beverages and liquid foods are stored without the need for refrigeration. The growth of aseptic packaging applications, driven by the desire to extend shelf life and reduce energy consumption, contributes to market expansion.
- Innovation in Barrier Coating Technologies:
- Ongoing innovation in barrier coating technologies enhances the performance of liquid packaging board. Improved barrier properties, such as enhanced resistance to moisture, oxygen, and light, attract manufacturers looking to preserve the quality and freshness of liquid contents.
Market Growth Factors
The surge in online retail operations and the expansion of food delivery services are pivotal factors poised to propel the Liquid Packaging Bag Market forward in the coming years.
Moreover, the increasing inclination towards lightweight and sustainable packaging solutions, coupled with a growing array of alternatives like plastic bottles and spout pouches, is anticipated to play a significant role in fostering the growth of the liquid packaging bag industry. The escalating demand for packaging methods based on plastic materials and the prevailing preference for environmentally friendly packaging materials over traditional plastic options are expected to be key drivers fueling the market’s expansion.
Buy this Exclusive Report: https://www.futuremarketinsights.com/checkout/4420
Start-ups Ecosystem
The Liquid Packaging Board Market is marked by the presence of several key players, including Asepto, Impakt Packaging, Kalpataru Papers, Munot Plastics, Evergreen Packaging, Flowback Paper Packaging, Quick Pouch, ATecnipac, among others. These industry leaders collaborate to deliver top-notch liquid packaging board solutions, contributing to the global landscape. Concurrently, the market also witnesses the emergence of various startups worldwide, entering the Liquid Packaging Board Market to meet the evolving demands of this sector.
Key Players:
Evergreen Packaging LLC, BillerudKorsnäs, Clearwater Paper Corporation, ELOPAK, International Paper, Mondi, Visy, Smurfit Kappa, BOBST, Stora Enso, Gapack, Klabin S.A., Mayr-Melnhof Karton AG, NIPPON PAPER INDUSTRIES CO., LTD., Prom-Pack LLC, Weyerhaeuser Company, Roxcel Trading GmbH and SIG Combibloc Group Ltd. among others.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-4420
Key Segmentation
Liquid Packaging Board Market By Packaging Type:
- Flexible Liquid Packaging Board
- Sachets
- Films
- Pouches
- Rigid Liquid Packaging Board
- Bottles
- Paperboard
- Drums
- Cans
- Containers
Liquid Packaging Board Market By Raw Material:
- Paper
- Plastics
- PP
- PET
- PE
- Glass
- Metal
Liquid Packaging Board Market By Technique:
- Modified Atmosphere Packaging
- Aseptic Packaging
- Intelligent Packaging
- Vacuum Packaging
Liquid Packaging Board Market By End-Use:
- Personal Care
- Food & Beverage
- Chemicals
- Pharmaceuticals
- Petrochemicals
- Household Care
Liquid Packaging Board Market By Region:
- North AmericaLiquid Packaging Board Market
- Latin AmericaLiquid Packaging Board Market
- Western EuropeLiquid Packaging Board Market
- Eastern EuropeLiquid Packaging Board Market
- APEJLiquid Packaging Board Market
- JapanLiquid Packaging Board Market
- Middle East & AfricaLiquid Packaging Board Market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
