European liquid packaging cartons market is estimated to grow at a CAGR of 4.7% during the forecast period. The upward trend in the carton packaging sector has been witnessed in the region, which is leveraging the market growth. As per the European Carton Makers Association, the turnover of the liquid packaging sector has increased by 2.23% during the period, 2018 and 2019, exceeding nearly $998.7 million in 2019. Since 2015, the turnover rose by 12.55%. This rise in both turnover and production represents the ability of the carton packaging sector to adjust with end-user preferences and new consumer trends. Significant availability of carton packaging enabling food and beverage manufacturers to use these kinds of packaging to achieve maximum sustainable goals.
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As per the Alliance for Beverage Cartons and the Environment (ACE) declared that the recycling rate for beverage cartons in the EU 28 increased to 49% in 2018. This is a small (1%), however, a steady rise in the EU carton recycling rate for beverages from 2017. As a part of carton recycling, in January 2019, ACE launched a new platform to accelerate the industry’s involvement in carton recycling across Europe. This platform, named EXTR: ACT, which is set up by ACE members Tetra Pak, BillerudKorsnäs, Elopak, Stora Enso, and SIG Combibloc, to promote the recycling of beverage cartons, which includes the non-paper components, including aluminum and polymers. Government initiatives for carton recycling and increasing demand for highly sustainable packaging in the food and beverage industry are contributing to the adoption of liquid packaging cartons in the region.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
European 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
European Liquid Packaging Cartons Market– Segment by Country
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
The Report covers:
- Comprehensive research methodology of the European liquid packaging cartons market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European liquid packaging cartons market.
- Insights about market determinants which are stimulating the European liquid packaging cartons market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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