Global Gable Top Liquid Cartons Market – Industry Trends and Forecast to 2029

Global Gable Top Liquid Cartons Market, By Product Type (Cut Opening Cartons, Straw Hole Opening Cartons, Clip Opening Cartons, Twist Opening Cartons, King Twist Opening Cartons), Closure Type (Screw Caps, Flip Caps, Others), Material Type (Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Paperboard, Others), Capacity (Less than 250ml, 250-500ml, 500-750 ml, 750-1000ml, Others), End Use (Pet Food, Dairy Products, Food and Beverages, Pharmaceuticals, Paints and Lubricants, Others) – Industry Trends and Forecast to 2029.

 Gable Top Liquid Cartons Market Analysis and Size

The gable top liquid cartons market is one of the fastest growing segment in the liquid carton packaging market. One major factor fuelling the growth of the gable-top liquid cartons market is the increasing consumer preference towards packaged food and beverages. The gable top liquid carton market is developing due to the cost-effectiveness of these cartons as compared to the other rigid packaging solutions.

Data Bridge Market Research analyses that the gable top liquid cartons market was valued at USD 3,422.16 million in 2021 and is expected to reach USD 4,930.35 million by 2029, registering a CAGR of 4.67% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.     

Gable Top Liquid Cartons Market Scope and Segmentation

Market Definition

Packaging is a well-grounded technology used to protect the products, particularly consumables, like food and liquids from getting defaced and defiled. The packaging of liquid demands excessive seal strength, the strength of packaging materials, prevention of spillage and degradation. Gable top liquid cartons is proposed to provide support, protection from external environmental elements. Gable top cartons are considered the most predominant packaging type for several liquid products such as yogurt, cream, liquor, egg yolk, milk, edible oil, juices, health drinks, beer and wine.

Global Gable Top Liquid Cartons Market Dynamics

Drivers

• Increasing demand of gable top liquid cartons from beverages industry

The beverage industry has led the global gable top liquid cartons market for several years. The increasing demand for various beverages from the end user industry has driven the demand of gable top liquid cartons, which have shipped worldwide. Dynamic shipping of beverages products with zero damage or spillage upsurges the demand of gable top liquid cartons in the market as they stabilize the loads, which are probable to drive the gable top liquid cartons market.

• High usage of gable top liquid cartons due to their convenience

Gable top liquid cartons are valued for their portability and convenience. Gable top liquid cartons are lightweight and ideal for active lifestyles. These cartons are also perfect for use in outdoor places where glass bottles are not permitted. These cartons are allowing customers to enjoy their favourite drink whenever and wherever they want. The superior convenience of gable top liquid cartons are expected to drive the market growth rate.

• Maintain Quality and prevent the product from damages

Rising need to prevent the beverage products from environmental contamination has led manufacturers to choose smart packaging that offers lightweight, high barrier, low contamination and aseptic features. In order to deliver smart packaging solutions, manufacturers are highly focusing on the adoption of nanotechnology to produce packaging solutions for temperature-sensitive beverage products. These factors are anticipated to positively impact the growth of the gable top liquid cartons market during the forecast period.    

Opportunities

• Increasing demand for eco-friendly packages

Regulations imposed by government are progressively looking for the environmental recycling objectives. Governing authorities in several countries are gradually imposing guidelines regarding the usage of eco-friendly packages, which has shift the manufacturers focus towards developing biodegradable packaging solutions. As the paperboard cartons are composed of better quality long fiber, the manufacturers are shifting their focus towards adopting the paperboard material for producing biodegradable and eco-friendly and packaging. Unlike the plastic bottles, the gable top liquid cartons which are formed by paperboard have a comparatively longer shelf-life. These are some major factors which is expected to create new and ample opportunities for the growth of the global gable top liquid cartons market during the forecast period.

Restraints/ Challenges

• Existence of polyethylene coating

One of the major restraining factors which hamper the growth of the gable-top liquid cartons market is the board which is used for the manufacturing of gable-top liquid carton is biodegradable but due to the polyethylene coating, this requires a separate procedure to separate the polyethylene coating from the board first.

Moreover, an increase in the demand for recycling and special sorting methods of these products might further challenge the market growth in the upcoming period.

This gable top liquid cartons market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth  application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gable top liquid cartons market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Gable Top Liquid Cartons Market

Gable top liquid cartons market is rapidly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period, Gable top liquid cartons market driven the economic growth in most of the developing nations. However, exceptional situations due to expected third and further waves are producing a miserable outlook. This study endeavors to estimate various scenarios of COVID-19 impact on the future of the gable top liquid cartons market over forecast period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Gable Top Liquid Cartons Market Scope

The gable top liquid cartons market is segmented on the basis of product type, closure type,  material type, capacity and end use.The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Cut Opening Cartons
• Straw Hole Opening Cartons
• Clip Opening Cartons
• Twist Opening Cartons
• King Twist Opening Cartons

Closure Type

• Screw Caps
• Flip Caps
• Others

Material Type

• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Paperboar
• Others

Capacity

• Less than 250ml
• 250-500ml
• 500-750 ml
• 750-1000ml
• Other

End Use

• Pet Food
• Dairy Products
• Food and Beverages
• Pharmaceuticals
• Paints and Lubricants
• Others

Gable Top Liquid Cartons Market Regional Analysis/Insights

The gable top liquid cartons market is analyzed and market size insights and trends are provided by country, product type, closure type, material type, capacity and end use as referenced above.

The countries covered in the gable top liquid cartons market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

North America dominates the gable top liquid cartons market in terms of market share and revenue due to the increase in the standard of living. Furthermore, the rise in the disposable incomes will further increase the growth of the gable top liquid cartons market in this region.

Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2029 due to the increase in the disposable income.in this region. Asia-Pacific (APAC) are anticipated to be the largest propeller in terms of value and volume because of rising standard of living.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Gable Top Liquid Cartons Market Share Analysis

The gable top liquid cartons market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gable top liquid cartons market.

Some of the major players operating in the gable top liquid cartons market are:

• Smurfit Kappa (Ireland)
• Amcor plc (Switzerland)
• Ball Corporation (U.S.)
• Bemis manufacturing company (U.S.)
• Tetra Laval International S.A. (Switzerland)
• Pactiv Evergreen (U.S.)
• International Paper (U.S.)
• Westrock company (U.S.)
• Tetra Pak International (Switzerland)
• Ester Industries (India)
• Parekh Aluminex (India)
• TCPL Packaging Limited (India)
• Time Technoplast Ltd (India)
• Uflex limited (India)
• Jindal Poly Films Limited (India)
• Ess Dee Aluminium limited (India)
• Atlas Packaging (U.K.)
• Nippon Paper Industries Co. Ltd. (Japan)
• Italpack Cartons S.r.l (Italy)
• Imperial Printing & Paper Box Mfg. Co. (U.S.)