November 11, 2024

Liquid Packaging Carton Market Size to Cross USD 49.17 Bn By 2034

The global liquid packaging carton market size reached USD 28.24 billion in 2024 and is predicted to be Cross around USD 49.17 billion by 2034, growing at a CAGR of 5.70% from 2024 to 2034.

Key Points

  • Asia Pacific dominated the liquid packaging carton market with the largest market share of 39% in 2023.
  • North America is expected to grow at the fastest rate in the market during the forecast period.
  • By type, the brick liquid cartons segment held the largest market share in 2023.
  • By type, the gable top segment is expected to grow at the fastest rate in the market during the forecast period.
  • By shelf life, the liquid cartons segment dominated the global market in 2023.
  • By shelf life, the short-term shelf life segment is expected to grow rapidly in the market during the forecast period.
  • By application, the dairy products segment accounted for the biggest market share of 50% in 2023.
  • By application, the juice & drinks segment is expected to grow significantly in the market during the forecast period.
Liquid Packaging Carton Market Size 2024 to 2034

The global liquid packaging carton market is evolving due to growing demand for eco-friendly packaging solutions, the rise of organic and plant-based beverages, and innovations in sustainability. This market, which includes products such as milk, juices, energy drinks, and dairy, is supported by long shelf life packaging options, particularly favored in dairy and non-carbonated beverage sectors​

Sample: https://www.precedenceresearch.com/sample/5219

Market Scope

Report Coverage Details
Market Size by 2034 USD 49.17 Billion
Market Size in 2024 USD 28.24 Billion
Market Size in 2025 USD 29.85 Billion
Market Growth Rate from 2024 to 2034 CAGR of 5.70%
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered Type, Shelf Life,Application and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa

Drivers of the market include increased consumer preference for sustainable packaging, as well as the expanding demand for beverages requiring extended shelf life. The food and beverage industry, particularly dairy products, benefits from the ability of liquid cartons to preserve product freshness and reduce spoilage during transportation. Furthermore, the push for recyclable materials and environmentally friendly packaging options is driving the adoption of liquid cartons, as brands aim to align with consumer values and regulatory standards concerning sustainability​

Opportunities for growth are evident in the adoption of innovative carton types and the increasing preference for liquid food and beverage products that are perceived as healthier or more sustainable. The trend towards organic beverages, especially juices and plant-based drinks, continues to support the need for specialized packaging solutions​. Manufacturers are also exploring new materials, such as biodegradable plastics and uncoated paperboards, to enhance the market’s ecological footprint while improving functionality​ However, the market also faces

challenges, including competition from alternative packaging materials such as glass and plastic, which are sometimes viewed as more durable or versatile. Additionally, the volatility in raw material prices and the complexity of achieving the required balance between sustainability and cost-effectiveness can pose hurdles for manufacturers​.

Regional dynamics show significant growth in Europe, driven by strong regulatory frameworks and consumer demand for eco-conscious products. The region is home to many packaging leaders who are investing heavily in research and development of sustainable packaging materials​. Asia-Pacific, particularly countries like China and India, is expected to see substantial growth due to the rapid urbanization and rising middle-class demand for packaged beverages​.

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Liquid Packaging Carton Market Companies

  • Tetra Pak International S.A.
  • Elopak AS
  • SIG Combibloc Group AG
  • Oji Holdings Corporation
  • Nippon Paper Industries Co. Ltd.
  • Adam Pack S.A.
  • Stora Enso Oyj
  • H.B. Fuller Company
  • LAMI PACKAGING CO., LTD
  • Weyerhaeuser Company
  • Smurfit Kappa Group plc
  • Greatview Aseptic Packaging Co. Ltd.
  • TidePak Aseptic Packaging Material Co. Ltd.
  • Lami Packaging (Kunshan) Co. Ltd.

Recent News

  • In February 2024, family-owned natural soap maker, Dr. Bronner’s launched its soap refill carton package of 32 oz. for its pure-castile liquid soap. This soap refill carton can be used to refill existing containers or bottles for home cleaning use and personal care.
  • In May 2023, Dulce Vida, a U.S.-based tequila brand, launched three new ready-to-drink cocktails in sustainable carton packaging offered by Tetra Pak, a liquid packaging solutions company.
  • In January 2022, SIG launched the world’s first aluminum-free full barrier packaging materials, Signature EVO, for aseptic carton packs. Signature EVO extends SIG’s lower-carbon aluminum-free packaging materials – for plain white milk – for wider use with oxygen-sensitive products such as plant-based beverages, flavored milk, nectars, or fruit juices.

Segments Covered in the Report 

By Type

  • Brick Liquid Cartons
  • Gable top Liquid Cartons
  • Shaped Liquid Cartons

By Shelf Life

  • Short-term Shelf Life
  • Long-term Shelf Life

By Application

  • Dairy Products
  • Wine and Spirits
  • Juices and Drinks
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)

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