May 25, 2024
Liquid Packaging Market
According to the global liquid packaging market report by IMARC Group, the market reached a value of US$ 352.3 Billion  in 2022, and it is projected to reach a value of US$ 462.7 Billion by 2028, exhibiting a CAGR of 4.49% during 2023-2028. Liquid packaging refers to multilayer packaging used to protect numerous liquid products, including juices, water, milk, purees, sauces, etc., from spills and other physical or chemical damages caused during transportation. It comprises bottles, containers, films, stand-up pouches, squeezable tubes, cartons, bag-on boxes, etc. Liquid packaging acts as a barrier and protects the products from light exposure or contamination, owing to external viruses and bacteria. In line with this, it is lightweight and durable while reducing carbon and greenhouse gas emissions. As a result, liquid packaging finds extensive applications in several sectors, including food and beverage (FB), personal care, pharmaceuticals, chemical, petrochemical, etc., across the global. Market Trends The escalating demand for packaged beverage products is primarily driving the liquid packaging market. Additionally, the rising consumer awareness towards the various associated benefits of liquid packaging, such as maintaining freshness and enhancing the shelf life of goods, convenient and easy-to-use packaging, reducing their packaging cost, eliminating material wastage, facilitating customization of packages, etc., is further catalyzing the market growth. Request For Sample Report: Besides this, the inflating need for lightweight packaging to save energy during production and transportation is acting as another significant growth-inducing factor. Moreover, the increasing investments in RD activities by key market players to introduce recyclable polymers as alternatives to traditional petroleum-based polymers are positively influencing the global market. Apart from this, they are also focusing on marketing strategies to expand their customer base, which is augmenting the market growth. Furthermore, the growing number of e-commerce platforms that offer personal care, as well as household care products, and over-the-counter drugs, is expected to fuel the liquid packaging market over the forecasted period. Who are the key players/companies in the global liquid packaging market? ABB Ltd, Brugg Cables (Shanghai) Co. Ltd., Eland Cables, Hellenic Cables S.A., LS Cable System (LS Group), Nexans S.A., NKT A/S, Prysmian S.p.A., Riyadh Cables, Southwire Company LLC, Sumitomo Electric Industries Ltd., Synergy Cables and TPC Wire Cable. Report Segmentation: The report has been segmented the market into following categories: Breakup by Material Type:
  • Paperboard
  • Plastics
  • Glass
  • Metal
  • Others
Breakup by Packaging Type:
  • Flexible
  • Rigid
Breakup by Technology:
  • Aseptic Liquid Packaging
  • Blow Molding
  • Form Fill Seal
Breakup by End User:
  • Food and Beverage
  • Personal Care
  • Pharmaceutical
  • Household Care
  • Industrial
  • Others
Regional Insights:
  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor. Ask An Analyst: About Us: IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact Us: IMARC Services Private Limited. 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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