Liquid Packaging Market worth 370.75 Billion USD by 2021

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Liquid Packaging Market by Type ,Application -
by Region Global Trends Forecast to 2021
www.MarketsandMarkets.com
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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 be
worth USD 370.75 Billion by 2021, registering a
CAGR of 5.4 between 2016 and 2021.

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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.
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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.
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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.
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Target Audience Liquid Packaging
Manufacturers Liquid Packaging Traders,
Distributors, and Suppliers End Users Government
and Research Organizations Associations and
Industrial Bodies Research and Consulting
Firms RD Institutions Environment Support
Agencies Investment Banks and Private Equity
Firms
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Key Compotators The Dow Chemical Company
(U.S.), International Paper (U.S.), Tetra Pak
International S.A. (Switzerland), Smurfit Kappa
(Ireland), and Mondi Plc. (Austria) are the
dominant participants in the global liquid
packaging market. These companies have been
adopting various organic and inorganic growth
strategies such as expansions, mergers
acquisitions, and new product launches to enhance
their share in the liquid packaging
market.
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