Pune, India, July 25, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global liquid packaging market size accounted for USD 313 billion in 2021 and is estimated to witness significant growth through the review period.
To enable high-quality decision-making and ensuring significant returns during investments, the report thoroughly covers several market segmentations, such as packaging format, technology type, material type, and end-user landscape while also highlighting the geographical outlook and competitive terrain.
Rising per capita income, increasing demand for packaged beverages & FMCG products, and technological advancements are some of the prime factors fueling the demand for global liquid packaging industry.
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Impact of Coronavirus outbreak
The COVID-19 pandemic had negatively influenced the global liquid packaging marketplace as the manufacturing sector's downturn had an adverse effect on the packaging sector, while the lockdown negatively influenced the hospitality, food & beverage, and tourism sectors.
During this time, however, demand for sanitizer, liquid detergents, stand-up pouches, containers, and hand washes has soared to stop the spread of the COVID-19 virus. Additionally, it increased the need for top handle and side handle containers for the storage of chemicals, such as the widely used disinfectant sodium hypochlorite.
Thus, although the Coronavirus outbreak had a negative impact on the overall economy, this business space managed to witness commendable growth and is likely to see recovering growth once the pandemic woes ease.
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Outlining the market segmentations
Based on the packaging format, the market is bifurcated into rigid and flexible segments. Moving on to the technology type, the industry is categorized into aseptic liquid packaging, form fill seal, and blow molding segments.
As per material type, global liquid packaging market is segmented into metals, paper, plastics, glass, and others. With respect to the end-user landscape, the industry is fragmented into food & beverages, pharmaceuticals, personal care products, and others.
Summarizing the regional outlook
The geographical analysis of this business space extends to North America, Asia-Pacific, Europe, as well as Latin America and Middle East & Africa with key emphasis on the U.S., Canada, India, China, Japan, South Korea, the U.K., Germany, and France among others.
Meanwhile, Asia Pacific is expected to hold the largest share in global liquid packaging industry during the forecast period. The surging demand for FMCG products & packaged beverages coupled with advent of cutting-edge technologies to offer excellent services is likely to benefit the growth trajectory of this business vertical in Asia-Pacific.
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Global Liquid Packaging Market by Packaging Format (Revenue, USD Billion, 2017-2027)
- Flexible
- Rigid
Global Liquid Packaging Market by Technology Type (Revenue, USD Billion, 2017-2027)
- Form Fill Seal
- Blow Molding
- Aseptic Liquid Packaging
Global Liquid Packaging Market by Material Type (Revenue, USD Billion, 2017-2027)
- Metal
- Glass
- Plastic
- Paper
- Others
Global Liquid Packaging Market End-User Landscape (Revenue, USD Billion, 2017-2027)
- Pharmaceuticals
- Personal Care
- Food and Beverages
- Others
Global Liquid Packaging Market Geographical Landscape (Revenue, USD Billion, 2017-2027)
North America
- Canada
- U.S.
Europe
- Germany
- U.K.
- Italy
- France
Asia Pacific
- Japan
- India
- China
- South Korea
Latin America & Middle East and Africa
Global Liquid Packaging Market Competitive Sphere (Revenue, USD Billion, 2017-2027)
- Tetra Pak
- Oji Holdings Corporation
- WestRock Company
- International Paper Company
- Dow Chemical Company
- Mondi plc
- The Smurfit Kappa Group plc
- Amcor plc
- Elopak
- BillerudKorsnäs AB
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Liquid Packaging Market: Product Overview
4. Global Liquid Packaging Market: An Analysis
4.1 Market Size, By Value, 2017-2027
4.2 Global Liquid Packaging Market: Growth & Forecast
4.3 Impact of COVID-19 on Liquid Packaging Market
5. Global Liquid Packaging Market By Packaging Format
5.1 Competitive Scenario of Global Liquid Packaging Market: By Packaging Format (2021 & 2027)
5.2 By Rigid - Market Size and Forecast (2017-2027)
5.3 By Flexible - Market Size and Forecast (2017-2027)
6. Global Liquid Packaging Market Segmentation, By Technology (Value)
6.1 Competitive Scenario of Global Liquid Packaging Market: By Technology (2021 & 2027)
6.2 By Aseptic Liquid Packaging - Market Size and Forecast (2017-2027)
6.3 By Blow Molding - Market Size and Forecast (2017-2027)
6.4 By Form Fill Seal - Market Size and Forecast (2017-2027)
7. Global Liquid Packaging Market Segmentation, By Material (Value)
7.1 Competitive Scenario of Global Liquid Packaging Market: By Material (2021 & 2027)
7.2 By Paper - Market Size and Forecast (2017-2027)
7.3 By Plastic - Market Size and Forecast (2017-2027)
7.4 By Glass - Market Size and Forecast (2017-2027)
7.5 By Metal - Market Size and Forecast (2017-2027)
8. Global Liquid Packaging Market Segmentation, By End-Use Industry (Value)
8.1 Competitive Scenario of Global Liquid Packaging Market: By End-Use Industry (2021 & 2027)
8.2 By Food and Beverages - Market Size and Forecast (2017-2027)
8.3 By Personal Care - Market Size and Forecast (2017-2027)
8.4 By Pharmaceuticals - Market Size and Forecast (2017-2027)
8.5 By Others - Market Size and Forecast (2017-2027)
9. Global Liquid Packaging Market: Regional Analysis
9.1 Competitive Scenario of Global Liquid Packaging Market: By Region (2021 & 2027)
10 North America Liquid Packaging Market: An Analysis (2017-2027)
10.1 North America Liquid Packaging Market by value: Size and Forecast (2017-2027)
10.2 North America Liquid Packaging Market: Prominent Companies
10.3 Market Segmentation By Packaging Format (Rigid, Flexible)
10.4 Market Segmentation By Technology (Aseptic Liquid Packaging, Blow Molding, Form Fill Seal)
10.5 Market Segmentation By Material (Paper, Plastic, Glass, Metal, Others.)
11. Europe Liquid Packaging Market: An Analysis (2017-2027)
11.1 Europe Liquid Packaging Market by value: Size and Forecast (2017-2027)
11.2 Europe Liquid Packaging Market: Prominent Companies
11.3 Market Segmentation By Packaging Format (Rigid, Flexible)
11.4 Market Segmentation By Technology (Aseptic Liquid Packaging, Blow Molding, Form Fill Seal)
11.5 Market Segmentation By Material (Paper, Plastic, Glass, Metal, Others.)
11.6 Market Segmentation By End Use Industry (Food & Beverages, Personal Care, Pharmaceuticals, Others)
11.7 Europe Liquid Packaging Market: Country Analysis
12. Asia Pacific Liquid Packaging Market: An Analysis (2017-2027)
12.1 Asia Pacific Liquid Packaging Market by value: Size and Forecast (2017-2027)
12.2 Asia Pacific Liquid Packaging Market: Prominent Companies
12.3 Market Segmentation By Packaging Format (Rigid, Flexible)
12.4 Market Segmentation By Technology (Aseptic Liquid Packaging, Blow Molding, Form Fill Seal)
12.5 Market Segmentation By Material (Paper, Plastic, Glass, Metal, Others.)
13. LAMEA Liquid Packaging Market
13.1 LAMEA Liquid Packaging Market by value: Size and Forecast (2017-2027)
14. Global Liquid Packaging Market Dynamics
14.1 Global Liquid Packaging Market Drivers
14.2 Global Liquid Packaging Market Restraints
14.3 Global Liquid Packaging Market Trends
15. Market Attractiveness
Related Report:
Liquid Pouch Packaging Market Size, Regional Outlook, Competitive Market Share & Forecast, 2021 – 2027
The liquid pouch packaging market is anticipated to witness substantial expansion through 2027 driven by surging product utilization for packaging of a wide range of products. In addition, rising awareness of the benefits of liquid pouch packaging, such as reduced carbon footprint as well as transportation and storage savings, is likely to further fuel market adoption through the forecast period. Following the COVID-19 outbreak, an upsurge has been observed in consumer demand for hygienic and secure packaging to ensure that the product remains safe for consumption. This has prompted industry players to develop advanced products to maintain product integrity, which has positively influenced the global business landscape. From the regional perspective, the Latin America liquid pouch packaging market is expected to garner a revenue of up to USD 788.88 million by 2027, expanding at above 6.2% CAGR over the projected timeline. Meanwhile, the Middle East & Africa liquid pouch packaging market is speculated to see notable growth at a CAGR of over 5.2% through the forecast period.
Global Flexible Packaging Market Size, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2028
The global flexible packaging market is slated to expand at a substantial rate through 2028, driven by the growing consumer awareness regarding the importance of sustainable and safe food packaging. Recently, major companies in the industry have been turning to new packaging technology to cater to numerous consumer needs across the world. Several big brands in the food & beverage and personal care industry are making efforts to introduce smart packaging solutions through flexible packaging films. In fact, the use of these films reduces energy usage, CO2 emissions, and raw material use during food product transportation, which has been favorable for market growth. From the regional standpoint, the Latin America flexible packaging market, which is still in its early stages, is estimated to grow to a valuation of more than $16 billion by 2028, with a CAGR of more than 5% during the forecast period.
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