Liquid packaging market Set for Rapid Growth and Trend, by 2027

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Liquid Packaging Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2020

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Global Liquid Packaging Market Key
Highlights

• The global demand for Liquid Packaging stood
  nearly US 428.5 Bn in 2018 and is projected to
  reach over US 657.5 Bn by 2027.
•   Changes in consumer behavior and a rise in the
  number of people migrating from rural to urban
  areas are driving the liquid packaging market.
• Liquid packaging is widely utilized in the food
  beverage industry in order to facilitate the
  transport of liquid goods and to increase the
  shelf-life of products.

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Global Liquid Packaging Market Segmental
Insights

• On the basis of application, the global market
  for chitosan can be segmented into cosmetics,
  water treatment, industrial, biomedicine and
  pharmaceuticals, food and beverages,
  agrochemical, and industrial.
• Amongst these, the demand for chitosan for waste
  water treatment has been rising at an astral rate
  due to the pressing demand for drinkable water
  across all regional pockets.
• Furthermore, the stipulation of regulations with
  regards to water treatment has also enhanced the
  growth prospects of the global market for
  chitosan.

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Global Liquid Packaging Market Regional
Insights

• In terms of region, Asia Pacific witnessed
  significant demand for liquid packaging,
  accounting for over 37 share of the market
  in 2018. 
• This is due to the expansion of food beverage
  and pharmaceutical sectors, favorable government
  policies for manufacturers, and the shifting of
  the production facilities by major players due to
  the low labor and operating costs.
• The market in North America is expected to expand
  at a moderate growth rate during the forecast
  period.

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Key players covered in this report include

• Tetra Laval International S.A.
• Comar LLC
• Evergreen Packaging Inc.
• Liqui-Box Corporation
• BillerudKorsnäs AB
• International Paper Company
• Klabin Paper

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