Global market for liquid packaging cartons 2016-2022

25 October 2016

According to a new report by Stratistics MRC, the global liquid packaging carton market is accounted for $15.73 billion in 2015 and is expected to reach $26.42 billion by 2022 growing at a CAGR of 7.7%.
The present fast paced life has claimed demand for liquid diet, which is handy and user-friendly. The liquid packaging cartons market is much following the trend, moreover, environment friendly nature, recyclable production, better shelf life & being microbial resistant are the factors driving the market. However, tough competition from plastic and high cost are the factors hampering the market. Gable top carton segment is estimated to be the fastest growing segment in the market.
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