LONDON--(BUSINESS WIRE)--The global liquid paperboard market size is poised to grow by USD 2.95 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of over 5% during the forecast period.
Read the 141-page research report with TOC on "Liquid Paperboard Market Analysis Report by application (dairy products, juice products, and other beverages) and geography (APAC, Europe, MEA, North America, and South America) 2019 - 2023" at:
The market is driven by the rising focus on improving the shelf life of products. Also, the increasing consumption of packaged and convenience foods is anticipated to further boost the growth of the market during the forecast period.
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Packaging plays a critical role in promoting food safety and enhancing the shelf life of food products. Currently, plastic bottles and tin cans are being replaced by folding cartons made from liquid paperboard, which is not only recyclable but also increases the shelf life of the contents. Folded cartons made from liquid paperboard are further enhanced by adding aseptic packaging capabilities for storing milk, juices, and other beverages. Thus, to leverage the advantage of improved shelf life of their products, brand owners are increasingly opting for liquid paperboard cartons over plastic bottles. Therefore, the increasing demand for folding cartons will fuel the demand for liquid paperboard.
Robust economic growth and higher disposable incomes have played their part in bringing about the global retail boom. Other factors, such as increasing urbanization, and the rise in the number of double-income households have resulted in a paradigm shift in lifestyles resulting in the increasing consumption of packaged and convenience foods. Therefore, the rise in demand for packaged food and beverages will propel the growth of the global liquid paperboard market.
To find out more about Liquid Paperboard Market Research 2019-2023,
The report includes detailed profiles of the leading companies & prominent vendors of the market:
- BillerudKorsnäs AB
- Bulleh Shah Packaging Pvt. Ltd.
- Clearwater Paper Corp.
- Elopak AS
- Evergreen Packaging LLC
- Georgia-Pacific LLC
- Graphic Packaging International LLC
- PaperWorks Industries Inc.
- Stora Enso Oyj
- WestRock Co.
Market Segmentation by Category and Types:
The Liquid Paperboard Market can be broadly categorized into the following application:
- Dairy products
- Juice products
- Other beverages
Key Regions for the Liquid Paperboard Market:
Featuring a breakdown of region-wise market shares until 2019.
- North America
- South America
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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