DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Liquid Packaging Market by Packaging Type (Flexible, Rigid), Resin (Polyethylene, Polypropylene), End-use Industries (Food & Beverage, Industrial), Technique (Aseptic Liquid Packaging, Blow Molding) - Global Forecast to 2021" report to their offering.
High demand from food & beverages industry is driving the liquid packaging market
The market size for liquid packaging is projected to reach USD 370.75 billion by 2021, registering a CAGR of 5.4% between 2016 and 2021. Increasing demand from the food & beverages industry is the major driver for liquid packaging market.
The global liquid packaging industry is expected to rise with the increasing demand from food & beverage industry in economies such as India, China, Africa, Middle East, Germany, Brazil, and others. Increasing carbon footprint due to use of various resins in the manufacturing of liquid packaging type is the major restraint affecting the growth of the market.
Flexible liquid packaging is the fastest-growing liquid packaging type. This packaging type provides various advantages such as longer shelf life, less cost, consumer friendly, capable of retaining freshness of products, less energy consumption, green packaging, and others. Films are the largest flexible liquid packaging type used majorly in the packaging of liquid products. Liquid packaging is widely used as it prevents the loss of moisture or protects the goods from moisture; improves tear, scuff and puncture resistance; and provides a heat sealable surface; and so on.
Asia-Pacific is the largest market for liquid packaging globally, with China being the most dominant market. This region is also anticipated to witness highest growth rate, which is attributed to the rapid economic expansion in the region. The rapid development in liquid packaging industry is also vigorously driven by the demand from food & beverages, medical & pharmaceutical, and other end-use industries in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Liquid Packaging Market, By Technique
8 Liquid Packaging Market, By Resin
9 Liquid Packaging Market, By Packaging Type
10 Liquid Packaging Market, By End-Use Industry
11 Liquid Packaging Market, By Region
12 Competitive Landscape
13 Company Profiles
- Billerudkorsnas Ab
- Evergreen Packaging
- International Paper
- Mondi Plc
- Smurfit Kappa
- Tetra Pak International S.A.
- The Dow Chemical Company
- Weyerhaeuser Company
For more information about this report visit http://www.researchandmarkets.com/research/cd54sm/liquid_packaging