Industry News, Market Research, Printers News

Liquid Packaging Cartons Market to Expand at CAGR of 5.5%: RRI

Asia Pacific will remain a prominent market, gaining 170 BPS and registering a CAGR of 6.4% by 2024 end.

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By: Anthony Locicero

Copy editor, New York Post

The global market for liquid packaging cartons is expected to reach US$12 billion in revenues by the end of 2016. During the forecast period 2016-2024, global liquid packaging carton market is projected to expand at a CAGR of 5.5%. Growing consumer preference toward packaged food and beverages will continue to drive market by 2024 end. Coupled with increasing adoption of packaged foods and beverages among consumers worldwide, recyclability of uncoated paperboard materials is estimated to remai...

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