Liquid Packaging Global Market Report 2024

Liquid packaging pertains to the containment of liquid products like cream concentrates and fruit pulp. It involves the use of multilayer packages designed to safeguard specific loads during transportation and storage. Manufacturers favor these packages for their durability and ease of branding and design.

The liquid packaging market primarily consists of rigid and flexible types. Rigid packaging, recognized for its strength and structural support, maintains the shape of products securely. This type of packaging, resistant to easy alteration, employs technologies such as blow molding, form filling, and aseptic processes. These technologies utilize various packaging materials, including polyethylene, polypropylene, polyethylene terephthalate, and others. End-users of liquid packaging span industries like food and beverage, personal care, pharmaceuticals, household care, and more.

The liquid packaging market research report is one of a series of new reports that provides liquid packaging market statistics, including liquid packaging industry global market size, regional shares, competitors with a liquid packaging market share, detailed liquid packaging market segments, market trends and opportunities, and any further data you may need to thrive in the liquid packaging industry. This liquid packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The liquid packaging market size has grown strongly in recent years. It will grow from $475.82 billion in 2023 to $507.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The expansion during the historical period can be credited to the growth of the beverage industry, the rise of sustainability initiatives, the surge in e-commerce, adherence to packaging regulations, and shifts in consumer behavior.

The liquid packaging market size is expected to see strong growth in the next few years. It will grow to $681.84 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period can be linked to the promotion of healthy lifestyles, the prevalence of food delivery services, the adoption of reusable packaging, the demand in cosmetic and personal care sectors, and the use of eco-friendly materials. Key trends expected during this period encompass smart packaging solutions, the popularity of single-serve and on-the-go packaging, the emergence of smart city solutions, advancements in pharmaceutical liquid packaging, and the integration of digital printing.

The liquid packaging market is experiencing significant growth, primarily fueled by the increasing demand for flexible packaging. Flexible packaging, which can easily change shape when filled or during use, is particularly prevalent in liquid packaging due to its convenience in transportation and the enhanced durability it provides to products. The flexible packaging sector is witnessing a surge in demand, especially in the Food and Beverage (F&B) industry. A Sustainable Packaging News article from May 2022 highlighted the growth of flexible packaging solutions in F&B applications. The utilization of flexible materials like aluminum for packaging is projected to result in a 75% reduction in carbon emissions compared to other alternatives. Many food businesses are considering the use of flexible packaging for their products, and the market is expected to surpass its current estimated value of USD 390 billion by 2028, driven by evolving trends in the flexible packaging sector.

The increased demand for food and beverages is set to be a key driver for the growth of the liquid packaging market. Liquid packaging plays a crucial role in the safe, efficient, and consumer-friendly storage and distribution of various liquid products within the food and beverage industry. According to Common Thread Collective, the global revenue of the food and beverage industry is anticipated to rise from $506.3 billion in 2021 to reach $856.9 billion by 2025. This heightened demand for food and beverage products is expected to propel the growth of the liquid packaging market in the foreseeable future.

A notable trend in the liquid packaging market is the emphasis on technological advancements. Major companies in this sector are directing their efforts toward technological innovation to maintain a competitive edge. For example, in August 2021, ProAmpac, a US-based flexible packaging company, introduced an online packaging design configurator, MAKR, allowing users to ideate and design custom 3D packages in various formats, sizes, and shapes using virtual technology to estimate exact package dimensions.

The strategic partnerships have become a prominent approach among major companies in the liquid packaging industry. This collaborative strategy involves leveraging each other's strengths and resources to achieve mutual benefits. In April 2022, Elopak, a Norway-based company specializing in cartons for liquids, joined forces with General Logistics Systems B.V., a Netherlands-based mail company, to form a joint venture. The aim of this collaboration is to manufacture and process innovative packaging solutions, both fresh and aseptic, making liquid food safe and readily available to consumers globally. The partnership also plans to offer a range of fresh Pure-Pak cartons, Pure-Pak aseptic cartons, and related solutions.

In November 2022, SEE Company Inc., a US-based business consulting and services company, acquired Liquibox. This acquisition is expected to accelerate the development of environmentally friendly packaging options for the $3 trillion fluids and liquids sector, contributing to SEE's Operating Engine's growth and profitability. Liquibox, a US-based producer and designer of flexible packaging for liquids, caters to various industries, from beverages to industrial fluids.

Major companies operating in the liquid packaging market include Berry Global Inc., Amcor Limited, Constantia Flexibles, Goglio S.p.A, Gerresheimer AG, Mondi PLC., ProAmpac Intemediate Inc., Sealed Air Corporation, Smurfit Kappa PLC, Tetra Laval, Evergreen Packaging, International Paper, The DOW Chemical Company, Billerudkorsnas AB, Reynolds Group Holdings Ltd., SIG Combibloc Group Ltd., Sonoco Pro, Comar LLC, Liqui-Box Corporation, Klabin Paper SA, Nippon Paper Industries Co, Scholle IPN, Bemis Company, Sealed Air, Winpak Ltd., Visy Industries, DS Smith, WestRock, Uflex limited, Comar

North America was the largest region in the liquid packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid packaging market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the liquid packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The liquid packaging market consist of sales of can and plastic bottles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.