Allied Market Research

Liquid Packaging Market : Rising Awareness of New Technologies Creates High Growth Potential

Liquid packaging is widely used among end-users owing to its properties such as prevention from loss of moisture, tear, scuff, and puncture resistance.

 

Portland, OR -- (SBWIRE) -- 12/27/2017 -- Liquid packaging provides multiple advantages such as longer shelf life, less costs, consumer friendly, capable of retaining freshness of products, less energy consumption, green packaging, and others. Films are the most widely used flexible liquid packaging type used majorly in packaging liquid products. Rigid liquid packaging is the most-widely used packaging type of liquid packaging. It includes cartons, paperboard, glass, cans, plastics, and PET bottles. They are widely used to pack liquid products such as water, carbonated drinks, alcohol, beverages, dairy products, and others. Rigid liquid packaging is the traditional packaging type available for liquid products as it is resistant to impact, moisture, recyclable, and chemicals. Other rigid liquid packaging types are used in various end-use industries such as food & beverage, non-food, and industrial.

This report projects the trends and opportunities of the global liquid packaging market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period. Our research teams have used various secondary resources and directories such as industrial databases, journals, magazines, and primary resources coupled with industry oriented measures, which include industry-related expert interviews to obtain key information and valuables that makes it an asset for players in the market.

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The emergence of aluminum packaging films is the primary factor that fuels the growth of the global liquid packaging market. Materials that have traditionally been applicable in food packaging include glass, metals (aluminum, foils, & laminates, tinplate, and tin-free steel), paper & paperboards, and plastics. In addition, an appropriate selection of the packaging material plays an important role in maintaining product quality and freshness during distribution and storage.

The increasing use of plastics in beverage packaging leads the market demand due to low costs of materials such as glass and tinplate. In addition, functional advantages of plastics such as thermosealability, microwavability, optical properties, and unlimited sizes and shapes are another factor that boosts the market growth. Furthermore, the growing consumers' demand for minimally-processed, natural, fresh, and convenient food products, as well as continuous changes in the industry caused by globalization, have led to growth of the market. However, recent continuous replacement of glass bottles with bio-based polymers owing to environmental and economic concerns is a factor that restrains the market growth.

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Key market players in this sector involve Amcor Limited, Bemis Company Incorporation, Sonoco Products Company, Mondi group, Coveris, Constantia Flexibles, Ampac Holdings LLC, Sealed Air Corporation, Huhtamaki Group, and Goglio SpA.

Key Benefits for Stakeholders

- This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2016-2023, which will assist in identifying prevailing market opportunities.
- Major countries in each region are mapped as per individual market revenue.
- The region-wise and country-wise liquid packaging market conditions have been comprehensively analyzed in the report. An increasing demand for plastics in beverage packing as well as growth of end-users is expected to drive the growth of the market.
- Key players of the liquid packaging market have been listed.
- This study evaluates the competitive landscape and value chain to understand the competitive environment across geographies.
- An in-depth analysis of segmentation of the liquid packaging market within the market is provided, which will assist in prevailing market opportunities.