The global Packaging for Liquid market size is projected to reach US$ 463.8 billion by 2027, at a CAGR of 4.8% during 2021-2027. Due to the growing demand in the food & beverage and pharmaceutical industries, the worldwide size of the product packaging market is forecasted to see strong growth in the forecast future. The food & drinking industries, the cosmetic and pharmaceutical sectors are some of the largest consumers worldwide, and the liquid packaging industries are also the primary end-users.
In terms of value, Asia-Pacific is the worldwide leading market for liquid packaging and should be maintained by 2021. There is a considerable expansion in liquid packaging utilization in the food and beverage sector in countries in this area, such as China, India, Japan, Korea, Malaysia, Thailand, and Indonesia.
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Top Key Players Included in Packaging for Liquid Industry Report: BillerudKorsnäs, Comar, Evergreen Packaging, International Paper Company, Klabin, Liqui-Box Corporation, Mondi PLC, Nippon Paper Industries, Tetra Laval International, Smurfit Kappa, and The DOW Chemical
Considering the influence of COVID-19 on the global Packaging for Liquid market, this study examined the impact from both global and regional perspectives. The research focused on market analysis under COVID-19 and related response strategies in different regions, from production to consumption, in areas such as North America, Europe, China, and Japan.
Packaging for Liquid Industry segment by Type:
Packaging for Liquid Industry segment by Application:
Food and Beverage
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are all part of the Packaging for Liquid market. Furthermore, the evaluation of each space is supplied by incorporating the best liability area, the fastest making location, and the elements that are maintaining the market dynamic in various districts is referred to completely. Each standard component, similarly, connects the compensation each element contains in a specific region with motivations to legitimise the qualities.
1. What are the major trends influencing the growth of the market?
2. What are the major market participants in the market?
3. Which region has the largest proportion of the market?
4. Which end-use sectors of the market are growing?
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This release was published on openPR.