Liquid Packaging Market Analysis

Packaging Type (Flexible [Sachets, Films, Pouches], Rigid [Bottles, Paperboard, Drums, Cans, Containers])

The rigid segment accounted for 80.1% of the liquid packaging market share in 2023. Rigid packaging such as bottles, cans, and cartons, provides robust protection and longevity, necessary for products that need to be stable and tamper-evident. Different types of rigid packaging are used in beverage and pharmaceutical packaging solutions and household care items due to their superior qualities over other forms of packaging, such as their long shelf life and ease of handling and transportation.

Many companies are enhancing their product offerings to cater to the rising demand. For instance, in November 2023, Sonoco signed an agreement to acquire Clear Pack Company to expand its operations for rigid packaging plastic containers and provide a broader range of packaging solutions.

Technique (Modified Atmosphere Packaging, Aseptic Packaging, Intelligent Packaging, Vacuum Packaging)

The aseptic packaging segment in the liquid packaging market is set to garner a notable share in the forecast period due to its high demand because of its capacity to preserve product freshness, increase shelf life, and eliminate the need for preservatives in the food and pharmaceutical industry. Blowing molding technology, well-known for its affordability and versatility has advanced owing to the growing demand for custom-shaped bottles, particularly in the beverage industry.

For example, in January 2024, the Chinese aseptic packaging company Shandong NewJF Technology Packaging Co. Ltd (NEWJF) purchased 28.22% of Greatview Aseptic Packaging. NEWJF aims to maintain its position in liquid product packaging by streamlining its processes and fostering innovation in the rapidly growing sector.

Our in-depth analysis of the liquid packaging market includes the following segments: