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Liquid Packaging Cartons Market Analysis by Carton Type (Brick Liquid, Shaped Liquid, Gable Top, and Others); by Durability (Long Shelf Life and Short Shelf Life); and by End-User (Dairy Products, Liquid Food, Alcoholic Beverages, Non-Carbonated Soft Drinks, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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  • April 27, 2022: Tetra Laval Group to merge its path with major brands in beverage brands to introduce the first in the world, tethered caps. These caps are launched in Spain, Germany, Baltics, Ireland, and others that are easy to recycle.

  •  August 9, 2022: Liqui-Box Corporation to participate in PACK EXPO International 2022. Liqui-Box took participated in the expo to exhibit its new, innovative, and durable packaging solutions. 

Global Liquid Packaging Cartons Market Size, Forecast, and Trend Highlights Over 2022 - 2031

Liquid Packaging Cartons Market Regional Synopsis

The global liquid packaging cartons market is estimated to garner robust revenue by the end of 2031 by growing at a CAGR of ~6% over the forecast period, i.e., 2022 – 2031. Further, the market generated remarkable revenue in the year 2021. The growth of the market can primarily be attributed to the rising consumption of liquid packaging cartons. For instance, more than 150,000 tons of liquid cardboard packaging were consumed solely in Germany while the utilization of these cartons is estimated to rise exponentially across the globe

Liquid Packaging Cartons Market Regional

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Liquid packaging cartons are also known as beverage cartons and are generally utilized for the storage and transportation of liquid products such as, milk, alcohol, beverage, and others. Liquid packaging cartons are further used to provide customized packaging in accordance with the requirements of manufacturers. Global liquid packaging cartons market trends such as convenience recycling and skyrocketing use in the of soft drinks packaging are further anticipated to influence the growth of the market positively over the forecast period. It is observed that about USD 0.50 trillion of revenue was generated by the soft drink segment in 2022 while the per person revenue of the segment was estimated to be approximately 100 U.S. dollars in a similar year.

Global Liquid Packaging Cartons Market: Growth Drivers and Challenges

Growth Drivers

  • Rising Production of Milk to Boost the Market Growth - As of 2018, approximately 800 million tonnes of milk were produced across the globe which was an increase from 500 million tonnes in 1988. Milk is consumed every day in almost every house holding and in urban areas, milk is distributed in packets and cartons. As of 2021, the consumption of milk in India was estimated to be around 80,000, in the United Kingdom (6000), and in Australia (2000) thousand metric tons. Hence, such a higher consumption of milk is estimated to hike the market growth over the forecast period.

  • Increasing Consumption Ready-to-Drink Beverages - In 2020, approximately 40 million proof gallons of vodka were imported to the United States.

  • Growing Disposable Income Across the Globe - Based on the statistics provided by the World Bank, it was stated that in 2020, adjusted net national income reached USD 8,784 per capita.

  • Increasing Demand for Liquid Packaging Cartons in Food Packaging - According to the United States Environmental Protection Agency (EPA), it was shown that 14.5 million tons of plastic containers and packaging were produced in 2018.


  • Decline in the Utilization of Packaging Cartons due to Global Warming
  • Disrupted Supply Chain due to COVID-19
  • Requirement of High Initial Investment

The global liquid packaging cartons market is segmented and analyzed for demand and supply by end-user into dairy products, liquid food, alcoholic beverages, non-carbonated soft drinks, and others, out of which, the non-carbonated soft drinks segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the higher utilization in the soft drinks industry. For instance, in 2022, the revenue generated by the soft drink segment was estimated to be around USD 3 billion.

Major Macro-Economic Indicators Impacting the Market Growth

Liquid Packaging Cartons Market Regional Chart

The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, the Chemical industry in the U.S. accounted for 16.43% of manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in the future. According to UNEP (United Nations Environment Programme), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, which accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. The easy availability of low-cost raw materials & labor, as well as government subsidies and relaxed environmental norms, have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for investment in businesses in Asia Pacific countries in the upcoming years.

Global Liquid Packaging Cartons Market Regional Synopsis

Regionally, the global liquid packaging cartons market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America region is projected to hold the largest market share by the end of 2031. The growth of the market in the region is ascribed to growing disposable income. For instance, the disposable personal income in the USA hit around USD 15000 billion in 2021 which increased from approximately USD 14000 billion. Furthermore, the escalating consumption of ready-to-drink beverages and significant growth in the packaging industry is expected to hike the growth of the market over the forecast period.

Liquid Packaging Cartons Market Regional Synopsis

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The global liquid packaging cartons market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global liquid packaging cartons market includes the following segments:

By Carton Type

  • Brick Liquid
  • Shaped Liquid
  • Gable Top
  • Others

By Durability

  • Long Shelf Life
  • Short Shelf Life

By End-User

  • Dairy Products
  • Liquid Food
  • Alcoholic Beverages
  • Non-Carbonated Soft Drinks
  • Others

Top Featured Companies Dominating the Global Liquid Packaging Cartons Market

  • Adam Pack S.A.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Tetra Laval Group
  • BillerudKorsnäs AB
  • Smurrfit Kappa Group
  • Greatview Beijing Trading Co., Ltd
  • Reynolds International Pen Company
  • Liqui-Box Corporation 
  • ONEX Corporation


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