The LAMEA Liquid Packaging Cartons Market Size would witness market growth of 8.5% CAGR during the forecast period (2018 – 2024).
Change in food and beverage growth dynamics and the various growth dimensions of the retail sector have changed the way products are packaged in recent years. The rising demand for glass packaging and availability of liquid packaging cartons substitutes are however the important factors which hinder the growth of the market. On the other hand, in the liquid packaging industry, product innovation, offers lucrative growth to the market opportunity of liquid packaging cartons during the forecast period.
Beverages can be found in various packaging styles, including cans, bottles and cartons. Amid these, cartons have emerged as the latest packaging design. While cartons are usually served with a straw to drink from, manufacturers have begun to put caps on them. Cartons are efficient, recyclable and can be easily shipped. Liquid packaging cartons also known as beverage cartons, are commonly used for protecting fresh drinks and food items, allowing distribution either under room temperatures or under cold conditions.
Based on Shelf Life, the market is segmented into Long Shelf life and Short Shelf Life. Based on Cartons Type, the market is segmented into Brick Liquid Cartons, Gable Top Cartons and Shaped Liquid Cartons. Based on End User, the market is segmented into Liquid Dairy Products, Non-carbonated Soft Drinks, Liquid Foods, Alcoholic Drinks and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BillerudKorsnäs AB, Nippon Paper Industries Co. Ltd, Smurfit Kappa, Reynolds Group Holdings Ltd (Packaging finance limited), Liqui-Box Corporation, Onex Corporation, Elopak AS (Ferd AS), Adam Pack SA (Diorama Investments SICAR), Tetra Laval International S.A., and Greatview Aseptic Packaging Co. Ltd.
Scope of the Study
Market Segmentation:
By Shelf Life
By Cartons Type
By End User
By Country
Companies Profiled
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