Stratistics MRC’s Global Brick Carton Packaging Market value is expected to reach $17.3 billion growing at a CAGR of 6.5% during 2023-2030.
Food, medication, hardware, and many other things can all be packaged in cartons, which are commonly composed of paperboard. Folding cartons are often rolled up into a tube at the factory and sent to the packager flat. The brick carton is a container composed of low-density polyethylene, paperboard, or metal. The product is shielded from external pollutants and moisture by the brick carton packing. Brick carton packaging also contributes to the product’s increased shelf life.
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Europe is projected to have the highest CAGR over the forecast period, due to the liquid packing cartons may easily be made from natural textiles, which are widely accessible and are predicted to become more so in this region. Additionally, from the perspectives of producers and customers, liquid packing cartons are being employed more often in commercial and institutional contexts. Additionally, the U.K. Brick Carton Packaging market grew at the highest rate in the European area, with the German Brick Carton Packaging market having the greatest market share.
Some of the key players profiled in the Brick Carton Packaging Market include Amcor Limited, Elopak S.A, International Paper, Lami Packaging (Kunshan) Co. Ltd., Mondi Limited, Nampak Limited, Nippon Paper Industries Co. Ltd., Polyoak Packaging Group (Pty) Ltd., Refresco Gerber B.V., Reynolds Group Holdings, Saxon Packaging Limited, Sealed Air, Shanghai Skylong Aspetic Package Material Co., Ltd., SIG Combibloc Obeikan Company Limited, Smurfit Kappa and Tetra Pak International SA.
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Key Developments:
In July 2023, Amcor launches AmFiber™ Performance Paper in Latin America; AmFiber™ Performance Paper packaging is now available to customers in Latin America seeking a high barrier, recyclable paper-based packaging solution.
In June 2023, Britvic launches Robinsons super strength squash in Pure-Pak® cartons, Robinson’s super strength squash is the first in the dilutable category to choose cartons in the UK- opening up a new market for Elopak in this category and region.
In May 2023, Amcor, Delterra, Mars and P&G form strategic partnership to tackle plastic waste & develop circular economy these global leaders will work together to scale upstream and downstream solutions for a circular plastics economy, jointly committing $6 million USD over five years.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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