Foldable/Compressible Beverage Carton Market Overview
In recent years there has been an increase in the usage of foldable / compressible beverage carton and is expected to grow over the forecast period. The foldable / compressible beverage carton has flexible and is highly recognizable. The foldable / compressible beverage carton is a packaging distinguished by its special styling and by the high degree of flexibility for beverage packaging.
Foldable / compressible beverage carton based juice and sauces packages were considered to be light to carry, have high functionality and easy to fold for waste handling and recycling compared to glass bottles. The foldable / compressible beverage carton do not allow the contamination of beverages into the outer environment. Foldable / compressible beverage carton provides all the properties needed for primary packaging such as high barrier, lightweight, low contamination, etc.
For improving the performance of foldable/compressible beverage carton manufacturers use some additional value added features such as a caps or screw closures. Foldable/compressible beverage carton are extensively used for the packaging of products such as liquid dairy product, juice, sauce, energy drink, soups or different kind of liquid.
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Global Foldable / Compressible Beverage Carton – Market Dynamics
Growth in demand for foldable / compressible beverage carton market is expected to grow strongly for several reasons. One of the significant factors contributing towards the growth of foldable / compressible beverage carton is the growing demand for the beverages including juice, energy drink which are expected to drive the growth of this market in the coming years.
Another factor contributing towards the growth of foldable / compressible beverage carton market is the rise in earning of families, which has increased the consumption of the packed beverages. Moreover, the waste management of foldable / compressible beverage carton is more easily rather than bottles and it needs less space for storage and transportation.
Furthermore, foldable / compressible beverage carton is easily recyclable and environmentally friendly, it is one of the reasons for gaining the popularity of foldable / compressible beverage carton. The variation in raw material availability and prices could also make a negative impact on the global foldable / compressible beverage carton market growth.
Global Foldable / Compressible Beverage Carton Market – Regional Outlook
The global foldable / compressible beverage carton market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Several packaging companies are focusing on developing foldable / compressible beverage carton with efficiency, high precision, and process control to serve the growing demand.
Western Europe is the prominent consumer of the packed food and beverages so it may be the biggest market of foldable / compressible beverage cartons. India and China have expected the significant growth in market volume share as the rise in the retail sector in these regions. Asia Pacific has the largest regional market for foldable / compressible beverage carton, owing to high demand from food and beverage industry.
Global Foldable / Compressible Beverage Carton Market – Major Players
Few of the major players identified across the globe in the foldable / compressible beverage carton market are Stora Enso AB, Visy Industries, Ingersoll Paper Box, TigerPress, WestRock, Tetra Pack Group, ELOPAK, Sig Holding AG, International Paperetc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The report covers exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- The Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Foldable / Compressible Beverage Carton – Market Segmentation
The global foldable / compressible beverage carton market is segmented on the basis ofraw material, capacity and by application.
On the basis of raw material type, the global foldable / compressible beverage carton market is segmented into –
- Paper and paperboard
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Others
- Aluminum
On the basis of capacity, the global foldable / compressible beverage carton market is segmented into –
- 0 – 100 ml
- 100 – 250 ml
- 250 – 500 ml
- 500 – 1000 ml
- More than 1000 ml
On the basis of application, the global foldable / compressible beverage carton market is segmented into –
- Dairy Products
- Energy Drinks
- Soups & Juices
- Sauces
- Others
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