LIQUID PACKAGING MARKET ANALYSIS

Market News

Key Developments

1. Key players in the market are involved in various business strategies such partnership and collaboration, in order to expand their product portfolio and gain competitive edge in the market. For instance, in February 2018, Dow Chemical International Pvt. Ltd partnered with Vishakha Group, manufacturer of barrier film, to develop ‘recyclable barrier film’ for liquid packaging.
2. Major companies in the market are focused on various business strategies such as new product launches, in order to expand their product portfolio. For instance, in June 2019, Smurtfit Kappa Group plc, a Dublin-based packaging company, introduced stand-up pouch for olive oil. The new pouch is of 1.5 liter size and is compatible with both automatic and semiautomatic filling machine.
3. Major players in the market are adopting various business strategies such as new product launches, in order to expand their product portfolio and enhance market position. For instance, in September 2018, Nippon Paper Industries Co., Ltd. launched NSATOM, an aspectic filling system for paper packaging. This novel system supports packaging of beverages with particles, long fibers, and high viscosity.