The Global Liquid Packaging Board Market research report is a powerful apparatus to achieve a better position in the market. It is tied in with gathering data that gives an understanding about clients considering, purchasing behaviors, and area. Furthermore, the Global Liquid Packaging Board Market research can likewise aids to screen market patterns and helps to keep a watch on the competitors’ activities.
Liquid packaging board is a packaging product specifically designed for containing liquids; it is produced from virgin paper fiber which is combined with barrier coatings that protect the transfer of flavours from the contents to the paperboard avoiding spillage.
Liquid Packaging Boards Industry are significantly different from the other paperboard packaging materials due to their specific composition and properties that must be considered in all the phases of the recycling process.
Global Liquid Packaging Board Market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing demand for convenient and recyclable packaging products globally.
Market Drivers: Global Liquid Packaging Board Market
- Significant changes in lifestyle resulting in increased consumption for packaged and convenience foods is expected to drive the market growth
- Lower cost due to the recyclable nature of the raw materials used in this packaging resulting in low overall cost along with the light-weight nature of the product are factors driving the growth of the market
Market Restraints: Global Liquid Packaging Board Market
- Availability of substitutes in the form of plastic bottles and spout pouches are factors restraining the growth of the market
- Increasing demand for plastic-based packaging methods is expected to act as a restraint to the market growth
Key Market Competitors: Global Liquid Packaging Board Market
- Packaging LLC
- Clearwater Paper Corporation
- International Paper
- Smurfit Kappa
- Stora Enso
- Klabin S.A.
- Mayr-Melnhof Karton AG
- NIPPON PAPER INDUSTRIES CO., LTD.
- Prom-Pack LLC
- Weyerhaeuser Company
- Roxcel Trading GmbH and SIG Combibloc Group Ltd.
Segmentation: Global Liquid Packaging Board Market
Global Liquid Packaging Board Market By Material (PET, PE, PP, LLDPE, BOPP), Coating (Plastic Barrier Coated, Aluminum Barrier Coated, Others), Application (Dairy, Juices, Dilutable Drinks, Others), End-Use Industry (Non-Food, Industrial, Food & Beverage), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Developments in the Market: Global Liquid Packaging Board Market
- In December 2016, BillerudKorsnäs announced that they are expanding their production capacity by investing into a manufacturing machine known as “KM7” (Karton Machine) which has an annual capacity of 550,000 tonnes of board. The machine situated at Gruvön, Sweden manufacturing plant will provide the organisation with the capabilities of producing liquid board, cartonboard and liner. The equipment will start operating from first quarter of 2019
- In June 2016, Weyerhaeuser Company announced that they had agreed to sell their liquid packaging board business division to NIPPON PAPER INDUSTRIES CO., LTD. for USD 285 million. The transaction includes one mill with an annual capacity of 280,000 tons which will help NIPPON in expanding their product offerings as well as their production capacity
Competitive Analysis: Global Liquid Packaging Board Market
Global liquid packaging board market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of liquid packaging board market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
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Key Insights in the report: Global Liquid Packaging Board Market
- Complete market analysis and forecasting
- Market definition, understanding the concept of liquid packaging board
- Market drivers and restraints of the industry
- Market segmentations and market share divided amongst them
- Key players in the market and their analysis
Key focus of the report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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