Liquid Packaging Cartons Market Size

Liquid Packaging Cartons Market size was valued at USD 8.74 billion in 2023 and is expected to exceed USD 12.36 billion by 2036, expanding at over 2.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of liquid packaging cartons is assessed at USD 8.93 billion. Further, the market generated remarkable revenue in the year 2021. The growth of the market can primarily be attributed to the rising consumption of liquid packaging cartons. For instance, more than 150,000 tons of liquid cardboard packaging were consumed solely in Germany while the utilization of these cartons is estimated to rise exponentially across the globe. 

Liquid packaging cartons are also known as beverage cartons and are generally utilized for the storage and transportation of liquid products such as, milk, alcohol, beverage, and others. Liquid packaging cartons are further used to provide customized packaging in accordance with the requirements of manufacturers. liquid packaging cartons market trends such as convenience recycling and skyrocketing use in the of soft drinks packaging are further anticipated to influence the growth of the market positively over the forecast period. It is observed that about USD 0.50 trillion of revenue was generated by the soft drink segment in 2022 while the per person revenue of the segment was estimated to be approximately 100 U.S. dollars in a similar year.