Asia-Pacific liquid packaging cartons market is estimated to grow at a CAGR of 6.3% during the forecast period. Rising demand for packaged milk and increasing consumer awareness regarding highly sustainable packaging are some key factors contributing to the growth of the market. Growing urbanization is a major cause of the rising consumption of packaged milk in the region. Amul India is the major milk producer in India, which sells nearly 5% of their total milk in cartons. The increasing shift towards flavored milk and the introduction of packaged milk with added nutrients is leading the adoption of carton packaging, as it is highly eco-friendly, increases the safety of the product, and retains the long-term freshness of milk products. During the lockdown, the rising preference of consumers for carton milk was reported owing to the significant concerns regarding the delivery of essential goods to the people. This, in turn, has led the application of beverage carton packaging in the country.
The market is segmented based on carton type and application. Carton type is further segmented into brick cartons, tetrahedron cartons, and gable top cartons. The application segment is further classified into milk, juices, liquid foods, energy and soft drinks, and others. Increasing the production of fruit juices was reported in China. High-Pressure Processing (HPP) juice on the rise in China. HPP is a processing step that aims to widen shelf life and eliminates at least 99.9% of the microorganisms in juice. As per the beverage nutrition experts, HPP is an ideal alternative for maintaining the fresh flavor of smoothies and juices.
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Market Coverage
- Market number available for – 2022-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Asia-Pacific Liquid Packaging Cartons Market-Segmentation
By Carton Type
- Brick Cartons
- Tetrahedron Cartons
- Gable Top Cartons
By Application
- Milk
- Juices
- Liquid Foods
- Energy and Soft Drinks
- Others
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Asia-Pacific Liquid Packaging Cartons Market– Segment by Country
- China
- India
- Japan
- Rest of Asia-Pacific
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