- The key vendors in the Global Liquid Packaging Carton Market 2015-2019 are Elopak A/S, Reynolds Group Holdings Ltd., Tetra Laval International SA and Weyerhaeuser NR Co.
London, 16 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Liquid Packaging Carton Market 2015-2019. The use of aseptic technology in carton packaging is one of the major trends upcoming in this market. The use of aseptic technology helps to retain the freshness of liquid products for longer periods. The demand for aseptic packaging solutions in the F&B industry has increased owing to the growing demand for packaged products that are rich in nutrients and promote health and wellness among consumers. The Global Liquid Packaging Carton market is expected to witness a CAGR of 4.87 percent in terms of revenue and post during the period 2014-2019.
Liquid packaging cartons are used for the safe storage of liquid products such as milk and dairy products, water, fruit juices, soft drinks, sauce, and puree. An increase in the preference for RTC packaged food and drinks by consumers propel the growth of the market.
“The adoption of technology commences from the manufacturing process and continues up to the selection of compounds to be used in the development of high-grade raw materials to suit customer requirements,” says Faisal Ghaus, Vice President of TechNavio Research.
“The feedback from the major B2B customers is a major input from the marketing departments of vendors, which may include incorporating design upheavals, creation of resistant quality packaging material, and boosting the visual appeal factor of cartons.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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