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Liquid Packaging Market worth 370.75 Billion USD by 2021

 



(Food-Beverage-News.Com, July 20, 2018 ) The report "Liquid Packaging Market by Packaging Type (Flexible, Rigid), Resin (Polyethylene, Polypropylene), End-use Industries (Food & Beverage, Industrial), Technique (Aseptic Liquid Packaging, Blow Molding, Form Fill Seal Technology) - Global Forecast to 2021", The global liquid packaging market is projected to reach USD 370.75 Billion by 2021, registering a CAGR of 5.4% between 2016 and 2021. This growth is fueled by the high demand from the food & beverage industry and increasing global demand for liquid packaging in Asia-Pacific, South America, and Middle East & Africa.



Browse 106 market data tables and 53 figures spread through 186 pages and in-depth TOC on “Liquid Packaging Market by Packaging Type (Flexible, Rigid), Resin (Polyethylene, Polypropylene), End-use Industries (Food & Beverage, Industrial), Technique (Aseptic Liquid Packaging, Blow Molding, Form Fill Seal Technology) - Global Forecast to 2021”



https://www.marketsandmarkets.com/Market-Reports/liquid-packaging-market-120112267.html



Early buyers will receive 10% customization on reports.



Rigid liquid packaging: The most-widely used packaging type for liquid products



Rigid liquid packaging is the most-widely used packaging type for liquid products. Rigid liquid packaging includes cartons, paperboard, glass, cans, and plastics & PET bottles. Plastics & PET bottles is the largest segment of the rigid liquid packaging type. They are widely used for packaging of liquid products such as water, carbonated drinks, alcohol, beverages, dairy products, and others. It is resistant to impact, moisture, recyclable, and chemicals.



Food & Beverage: The largest end-use industry for liquid packaging



Food & beverage is the largest end-use industry for the liquid packaging market globally. The food & beverage industry uses various liquid packaging types such as bag-in-box, stand-up pouch, plastics & PET bottles, cans, glass, films, paperboard, and cartons. They are used for packaging of various liquid products such as water, juices, dairy products, beverages, wine & spirits, detergents and household cleaning items, among others. In addition, the need to maintain shelf life of the products and protect them from contamination further drives the growth of this application in the liquid packaging market.



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Asia-Pacific: The largest liquid packaging market



Asia-Pacific is the global forerunner in the liquid packaging market, in terms of value, and is expected to continue till 2021. Countries in this region such as China, India, Japan, South Korea, Malaysia, Thailand, and Indonesia are witnessing significant increase in the use of liquid packaging in food & beverage industry. This growth is mainly due to the rapid economic growth and increasing population that is driving the demand for liquid packaging type for various end-use industries in Asia-Pacific. China is estimated to be the fastest-growing market till 2021.



The liquid packaging market has a few numbers of global players competing for market share. These companies are actively investing in various strategies such as new product developments, merger & acquisitions, and expansion projects globally to increase their market share. Major players such as The Dow Chemical Company (U.S.), International Paper (U.S.), Tetra Pak International S.A. (Switzerland), Smurfit Kappa (Ireland), and Mondi Plc. (Austria), and others have adopted various organic and inorganic developmental strategies.



Buy now this Report @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=120112267



About MarketsandMarkets



MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



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