Between 2022 and 2032, the brick carton packaging industry is projected to grow its market share with a CAGR of 4.5%. The market is expected to reach a value of USD 16.4 billion in 2022 after crossing USD 10.5 billion in revenue.
Brick carton packaging is a type of packaging that is widely used for liquids such as milk, juice, and other beverages. It is called “brick” carton packaging because of its shape, which resembles a small brick. This type of packaging is becoming increasingly popular due to its convenience and ease of use.
The global brick carton packaging market is expected to grow significantly over the next few years due to several factors. One of the main drivers of growth is the increasing demand for sustainable packaging solutions. Consumers are becoming more environmentally conscious, and they are looking for packaging that is recyclable and made from sustainable materials. Brick carton packaging is an eco-friendly option because it is made from paperboard, which is a renewable resource.
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Another factor driving the growth of the brick carton packaging market is the increasing demand for convenience. Brick cartons are lightweight and easy to handle, making them an ideal packaging solution for beverages. They are also easy to store and transport, which is important for both manufacturers and consumers.
One of the significant trends in the brick carton packaging market is the increasing demand for customization. Manufacturers are looking for ways to differentiate their products from competitors, and customized packaging is one way to do this. Customized brick cartons can feature unique designs, branding, and logos, helping to create a strong brand identity and increase customer loyalty.
The market is also being driven by the increasing demand for packaging that can extend the shelf life of products. Brick cartons are designed to protect products from contamination, which can help to extend their shelf life. This is especially important for perishable products like milk and juice.
Brick Carton Packaging Market: Prominent Players-
Some of the prominent players in the global brick carton packaging market are:
- Tetra Pak International S.A.
- Shanghai Skylong Aseptic Package Material Co., Ltd.
- International Paper
- Nippon Paper Industries Co. Ltd.
- Elopak AS
- Reynolds Group Holdings
- Sealed Air
- Saxon Packaging Limited
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Brick Carton Packaging Market: Market Segmentation-
The global brick carton packaging market can be segmented on the basis of end-use industries:
- Food & Beverages
- Cosmetics
- Pharmaceutical
- Nutraceutical
- Chemicals
- Others
It can be segmented on the basis of package material used:
- Uncoated Paperboard
- Low-density polyethylene (LDPE)
- Aluminum
It can also be segmented on the basis of the type of opening of the package:
- Cut
- Straw Hole
- Clip
- Twist
- King Twist
Frequently Asked Questions (FAQs)
- What will be the growth of Brick Carton Packaging Market in the coming years?
- Who are the key players in the Brick Carton Packaging Market?
- What will be the size of Brick Carton Packaging Market in the foreseeable future?
- Which end-use type is expected to register significant growth in the Brick Carton Packaging Market?
- Which region accounted for the largest share in the Brick Carton Packaging Market?
- Who are the target audience in the Brick Carton Packaging Market?
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