Liquid Wrapping Paper Market Overview
Recent trends in the global food and beverage industry show that demand for dairy products, juices and dilute beverages is steadily increasing. This key fact is driving global demand for liquid packaging. Liquid packaging generally uses liquid packaging paperboard (LPB) or simply liquid paperboard as a raw material. Liquid wrapping paper is a type of laminated board. Liquid wrapping paper is usually a multilayer board coated with low density polyethylene (LDPE) and aluminum. The coated barrier should retain the liquid and prevent the movement of flavor and air through the LPB.
Basically, there are two groups of liquid wrapping paper.
- It consists of about 6 layers of LPB. 75% paperboard, about 20% LDPE, and about 5% aluminum. It has a share of about 75% of the total liquid wrapping paper market.
- It consists of about 3-4 layers of LPB. 80% paperboard and the rest is LDPE. It has a share of about 25% in the entire liquid packaging market.
Liquid wrapping paper has features such as leak-proof, recyclable, and lightweight features. Their thickness depends on the application. Their basis weight can vary from 180 to 310 gsm.
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Liquid wrapping paper: market dynamics
The world’s population is growing rapidly in the Asia-Pacific (APAC) and Africa regions. The target consumer population has gained that share. At APAC, population growth is driven primarily by the economic powers of Asia, India and China. In Africa, the population under the age of 25 is about. 25%, which is estimated to reach 45% by 2050. The diary segment leads the highest demand compared to juices and dilute beverages. Diaries are the fastest growing segment and an essential source of nutrition for people of all ages.
These above facts or trends change the dynamics of the liquid wrapping paper market. Lifestyle changes in APEJ and the African region bring the need for reliable, easy-to-carry, preserved shelf life and fresh packaged beverages. This is another factor driving the demand for liquid wrapping paper. In emerging markets
The cost of manufacturing liquid wrapping paper is lower than that of metal, plastic and glass cans for wrapping. These are flexible and recyclable. The recyclability of these boards helps reduce raw material costs and thereby reduce overall manufacturing costs. There are liquid packaging boards approved by the FDA for food contact. After being converted to a carton, these boards offer attractive features such as leak protection, protection from light and contamination, and easy disposal. Liquid wrapping paper is ideal for regulated atmosphere packaging (MAP), which is highly needed in the world’s packaging beverage segment. Flexible spout pouches and PET bottles are a threat to the growth of the liquid wrapping paper market.
Liquid wrapping paper: market segmentation
The liquid wrapping paper market is divided based on end use and materials. Based on the end use, the liquid wrapping paper is divided into diaries, juices, dilute drinks and so on. Based on the material, the liquid wrapping paper is divided into plastic barrier coating, aluminum barrier coating and so on. The diary segment creates the highest share of liquid wrapping paper, among other things.
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Liquid Wrapping Paper Market: Regional Outlook
The liquid wrapping paper market is divided into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific (APEJ) excluding Japan, the Middle East and Africa (MEA), and Japan based on region.
Liquid Wrapping Paper Market: Major Companies
Players in the global liquid wrapping paper market include Evergreen Packaging, Billerud Korsnäs AB, Candesce, Elopak, Stora Enso and Visy.
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- Japan
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