Liquid Packaging MarketSize and Trends

Liquid packaging is a packaging technology used to protect consumables such as semisolid foods, liquids, and beverages from microbial contamination and damage during transport and storage. Liquid packaging helps to maintain the freshness of the product and plays a vital role in protecting the product from moisture. It also helps the product to improve the scuff, tear, and puncture resistance. Liquids and food products including dairy products, syrups, water, cooking oil, fruit juices, shampoos, grease, and motor oil are packaged in tough materials with good seal integrity, to avoid leakage, cracking, and degradation during transportation. Liquid packaging offers increased shell life, high recyclability, high eco-friendliness, and are transport-convenient.

Liquid Packaging Market Outlook – Asia Pacific is the largest and fastest growing market

Asia Pacific is the largest and fastest growing market in the global liquid packaging market. EUSME Center is a European Union initiative that provides a comprehensive range of hands-on support services to small and medium-sized enterprises (SMEs) based in Europe, which is preparing them to carry out business in China. According to EUSME, China was the world’s largest consumer market for food and beverages (F&B) products, surpassing the U.S. in 2011, and it continues to sustain its leading position. In 2015, the number of food & beverages exports from Europe to China increased by 48% and exports of dairy products from Europe increased by 11%, in 2014. Growth of imported food & beverage products is driven by limited arable land, increasing disposable income, water scarcity issues, improving logistics systems, increasing urbanization, and growing food safety concerns. This in turn fuels growth of the liquid packaging market in Asia Pacific. According to Indian Brand Equity Foundation (IBEF), in 2015, India’s food processing industry accounted for 32% of the country’s total food market and is one of the largest industries in India and is ranked fifth in terms of production, consumption, export, and expected growth. It contributes around 14% of manufacturing Gross Domestic Product (GDP), 13% of India’s exports and 6% of total industrial investment. Indian food service industry is expected to reach US$ 78 billion by 2018. India's organic food market is expected to increase three times by 2020, as compared to 2015. Hence, there is a large demand for liquid packaging materials in Asia Pacific, making it the largest and fastest-growing market for liquid packaging.

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