Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.73 Billion | USD 13.25 Billion | 4.3% | 2023 |
According to the report published by Zion Market Research, the global Brick Liquid Carton Market size was valued at USD 8.73 Billion in 2023 and is predicted to reach USD 13.25 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.3% during the forecast period. The report analyzes the global Brick Liquid Carton Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Brick Liquid Carton market.
The shape of the carton is rectangular and it looks same as a brick. They are available in different sizes. The brick liquid cartons are used for packing the juices, milk and dairy products, and other liquid beverages. These cartons are designed in such a way that they have the ability to resist external environmental factors and can also resist tampering.
The brick liquid cartons for the juices and milk are made of paper-aluminum- plastic, which is six-layer laminated. The shelf life is 8–12 Months. The skylong brick packaging materials has the following characteristics: it is aseptic package, is made up of paper-aluminum-plastic, which is six-layer laminated, It is suitable for fruit juice, milk, and tea beverage packaging, The shelf life is 8–12 months.
The global market for the brick liquid carton is fragmented into its material type, opening, and application.
On the basis of the material, the global market is segregated into low density polyethylene (LDPE)-coated aluminum, uncoated paperboard, and high density polyethylene (HDPE) coated.
On the basis of opening, the market is categorized into cut opening, cap opening, straw opening, and twist opening.
On the basis of the application, the market is divided into juices, dairy products, and others.
The key factor that is driving the brick liquid carton market is the changing preferences of the customer. The other important factors that are driving the growth of the brick liquid carton market are rise in the disposable income, rapid urbanization, increasing awareness among the consumers about the health, longer shelf life of the products, availability in variety of sizes, eco friendliness, rise of e-commerce businesses, and innovative branding, and marketing strategies. The growth in the usage of the aseptic packaging around the world has impacted the market significantly. The challenges that the market is facing include the reduction in the usage of the plastics. The brick liquid cartons are not suitable for beers and alcoholic drinks.
Report Attributes | Report Details |
---|---|
Report Name | Brick Liquid Carton Market |
Market Size in 2023 | USD 8.73 Billion |
Market Forecast in 2032 | USD 13.25 Billion |
Growth Rate | CAGR of 4.3% |
Number of Pages | 196 |
Key Companies Covered | IPI Srl, Tetra Pak International S.A., Agropur Inc., International Paper, Refresco Group N.V., Nippon Paper Industries Co., Ltd., Sun Packaging Co. S.A.O.C., Elopak, Amcor Limited, Uflex Ltd., SIG, Reynolds Group Holdings Limited, Stora Enso, and MoloPak, Co. |
Segments Covered | By material type, By opening, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The region that is holding the maximum share in the global brick liquid carton market is North America, and it is expected that this dominance will continue in the coming years due to the increased consumption of FMCG products. The region that secures second place is Europe owing to the growing disposable income and the rise in demand for the beverages. The market is growing in Asia Pacific region owing to the growing population and the rise in the demand for the food and beverages.
The key market players that are involved in the brick liquid carton market include
By Material Type
By Opening Type
By Application
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