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Liquid Packaging Market Trends

Report ID: GMI7968
Published Date: Jan 2024
Report Format: PDF

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Liquid Packaging Market Trends

Current trends in the liquid packaging industry indicate a growing emphasis on sustainability, with a notable shift towards eco-friendly materials and practices. A rising demand for innovative packaging solutions that enhance product visibility and appeal to consumer preferences is driving manufacturers to invest in advanced technologies like smart packaging and augmented reality. Additionally, there is a noticeable surge in the adoption of flexible packaging formats, offering convenience and reduced environmental impact. The market is witnessing increased customization to cater to diverse product categories, especially in the food and beverage sector. As digitalization continues to influence various industries, the integration of smart packaging features, such as QR codes for traceability and interactive labels, is becoming more prevalent. Overall, the market is evolving to align with consumer expectations, technological advancements, and a growing focus on sustainability.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for liquid packaging was valued at around USD 373 Billion in 2023 and is estimated to reach USD 587 Billion by the end of 2032 attributed to the growing urbanization, changing lifestyles, and a rising preference for on-the-go consumption.

Paperboard segment held a majority market value of USD 149.5 Billion in 2023 and will grow significantly through 2032 owing to the increasing popularity of sustainable packaging solutions driven by its recyclability and eco-friendly attributes.

The U.S. market generated a revenue of USD 85.6 Billion in 2023 and will grow significantly through 2032 owing to the robust economic growth and a well-established consumer base in the U.S.

BillerudKorsnas AB, Comar LLC, Evergreen Packaging Inc., International Paper Company, Klabin Paper, Liqui-Box Corporation, Mondi PLC, Nippon Paper Industries Co., Ltd., Smurfit Kappa Group, Tetra Laval International S.A., and The DOW Chemical Company.