Liquid Packaging Carton Market Size Analysis and Top Companies
The global liquid packaging carton market size is estimated to hit around USD 46.51 billion by 2033, increasing from USD 26.72 billion in 2023 with a CAGR of 5.70% from 2023 to 2033. The top companies operating in the liquid packaging carton are Tetra Pak International S.A., Elopak AS, SIG Combibloc Group AG, Oji Holdings Corporation, Nippon Paper Industries Co. Ltd., Adam Pack S.A., Stora Enso Oyj, H.B. Fuller Company, LAMI PACKAGING CO., LTD, Weyerhaeuser Company, Smurfit Kappa Group plc, Greatview Aseptic Packaging Co. Ltd., TidePak Aseptic Packaging Material Co. Ltd., Lami Packaging (Kunshan) Co. Ltd., and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 46.51 Billion |
| Market Size in 2023 |
USD 26.72 Billion |
| Market Growth Rate from 2024 to 2033 |
CAGR of 5.70% |
| Largest Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2024 to 2033 |
| Segments Covered |
Type, Shelf Life,Application and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Liquid Packaging Carton Key Players
- Tetra Pak International S.A.
- Elopak AS
- SIG Combibloc Group AG
- Oji Holdings Corporation
- Nippon Paper Industries Co. Ltd.
- Adam Pack S.A.
- Stora Enso Oyj
- H.B. Fuller Company
- LAMI PACKAGING CO., LTD
- Weyerhaeuser Company
- Smurfit Kappa Group plc
- Greatview Aseptic Packaging Co. Ltd.
- TidePak Aseptic Packaging Material Co. Ltd.
- Lami Packaging (Kunshan) Co. Ltd.
Recent Developments
- In February 2024, family-owned natural soap maker, Dr. Bronner’s launched its soap refill carton package of 32 oz. for its pure-castile liquid soap. This soap refill carton can be used to refill existing containers or bottles for home cleaning use and personal care.
- In May 2023, Dulce Vida, a U.S.-based tequila brand, launched three new ready-to-drink cocktails in sustainable carton packaging offered by Tetra Pak, a liquid packaging solutions company.
- In January 2022, SIG launched the world’s first aluminum-free full barrier packaging materials, Signature EVO, for aseptic carton packs. Signature EVO extends SIG’s lower-carbon aluminum-free packaging materials – for plain white milk – for wider use with oxygen-sensitive products such as plant-based beverages, flavored milk, nectars, or fruit juices.
Latest Announcements by Industry Leaders
- In November 2023, Toru Nozawa, the President of Nippon Paper Industries, announced the price revision for liquid packaging cartons for beverages and milk. They reduced the price revision by 10% or more and implemented the deliveries from 1 April 2024.
- In February 2024, Mr. Ashwani K. Sharma, CEO and President of UFLex Limited, an Aseptic Liquid Packaging Business, committed to driving innovation that aligns sustainability with economic progress. They are paving the way to address one of the biggest challenges of recycling aseptic packaging waste for the industry and the country by upcycling aseptic packaging waste into valuable industrial and daily-use products.
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