Brick Liquid Carton Market Covid-19 Impact Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2033
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24578
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March 2023
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185
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This report was compiled by Kalyani Khudsange Kalyani Khudsange is a Research Analyst at Prudour Pvt. Ltd. with 2.5 years of experience in market research and a strong technical background in Chemical Engineering and manufacturing. Correspondence Sr. Research Analyst Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Impacts of the COVID-19 Pandemic:
Most industries across the world have been negatively impacted over the last 18 months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global Brick Liquid Carton market. Moreover, consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals have been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Brick Liquid Carton market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Brick Liquid Carton market is expected to recover accordingly.
A brick liquid carton is a type of packaging made from a combination of paper and plastic materials. It is shaped like a brick and typically used for the packaging of liquid or semi-liquid products such as milk, juice, and soup. The packaging is made up of a paperboard exterior and a plastic interior, which is usually made from low-density polyethylene (LDPE) or polyethylene terephthalate (PET). This design allows for the liquid product to be stored inside the carton while maintaining its shape, and providing a barrier for light, air and other contaminants. The liquid carton is also equipped with a dispensing spout or a straw to make it easy to dispense the liquid.
Brick liquid cartons are considered to be a more sustainable packaging option compared to traditional plastic bottles or cans. They use less plastic than traditional packaging and are made from renewable and biodegradable materials. They are lightweight, easy to transport and store, and can be easily recycled after use. The brick liquid carton is a packaging format that is widely used in Europe, Asia, and other regions around the world, however, is less common in North America.What will the market valuation of the global Brick Liquid Carton industry be in 2023?
The Brick Liquid Carton market is expected to index a valuation of USD 14.6 Billion from a value of USD 8.9 Billion registered in 2023. Over the course of this forecast timeline, the global Brick Liquid Carton market is slated to index a CAGR of 4.5%.
Key Market Segments
Application
- juices
- dairy products
opening
- cut opening
- cap opening
- straw opening
- twist opening
material
- low density polyethylene (LDPE) coated
- aluminum
- uncoated paperboard
- high density polyethylene (HDPE) coated
List Major Industry Players That Are Covered in the Brick Liquid Carton Report?
As a means of boosting global prominence, businesses encompassed in the Brick Liquid Carton sector are now more engaged with initiating approaches such as targeted marketing, CSR programs, etc. A significantly noticeable trend that is being observed across the board is that these companies now aim to manage a given business-related activity in a country that provides favorable policies. In doing so, it enables these given businesses to lower costs, while employing industry specialists for every critical juncture of their respective organization. Authorities in emerging countries such as India, China, Taiwan, and Indonesia, etc., are enacting policies to attract foreign investors to the respective manufacturing sectors by lowering trade tariffs and duties in order to generate more jobs. This report analyzes the Brick Liquid Carton market in a comprehensive manner, outlining its competitive landscape, possible growth opportunities and potential pitfalls, offering information on numerous market players, including:
- IPI Srl
- Tetra Pak International S.A.
- Agropur Inc.
- International Paper
- Refresco Group N.V.
- Nippon Paper Industries Co. Ltd.
- Sun Packaging Co. S.A.O.C.
- Elopak
- Amcor Limited
- Uflex Ltd.
- SIG
- Reynolds Group Holdings Limited
- Stora Enso
- MoloPak Co.
Furthermore, several key market players of the global Brick Liquid Carton sector are now more focused on setting-up effective joint ventures, acquisitions, and/or collaborations in order to expand their respective consumer bases. By doing so, they stand to boost their given target bases by being able to cater to them on both a global as well as domestic level. This element in conjunction with favorable prospects emerging from developing nations from the Asia-Pacific region such as India, China, Taiwan, Indonesia, etc., are anticipated to create a surge in business prospects for concerned players over the course of this forecast period.
What are the Key Regions of Operation for the Brick Liquid Carton Market?
The key areas of operation for the global Brick Liquid Carton market are:
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Key Factors Covered in the Brick Liquid Carton Market Report:
- A comprehensive overview of the global Brick Liquid Carton market
- Detailed information on factors that will fuel or hamper market growth prospects for the global Brick Liquid Carton market
- Potential market CAGR projections over the forecast period
- Precise market size estimations of the Brick Liquid Carton industry
- Accurate upcoming trends and consumer behavior pattern predictions
- Potential expansion prospects for the Brick Liquid Carton market
- A thorough analysis of the Brick Liquid Carton market?s competitive landscape
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn *NOTE - All statements of fact, opinion, or analysis expressed in any reports published, are those of concerned analysts. They do not necessarily reflect any formal position or view of Marketresearch.Biz.
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- IPI Srl
- Tetra Pak International S.A.
- Agropur Inc.
- International Paper
- Refresco Group N.V.
- Nippon Paper Industries Co. Ltd.
- Sun Packaging Co. S.A.O.C.
- Elopak
- Amcor Limited
- Uflex Ltd.
- SIG
- Reynolds Group Holdings Limited
- Stora Enso
- MoloPak Co.