Gable Top Liquid Cartons Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Screw Caps, Flip Caps, and Others), By Material Type (Paperboard, Polyethylene, Polypropylene, and Others), By Capacity (Up to 250 ml, 250 ml to 500 ml, 500 ml to 750 ml, and above 750 ml), By End-user (Food & Beverages, Paints & Lubricants, Food Service, and Retailers), By Application (Dairy Products, Fresh Juices, Soup, Functional Beverages, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Gable Top Liquid Cartons Market Size, Trends, Share, Growth, and Opportunity Forecast, 2024 - 2031 Global Industry Analysis By Type (Screw Caps, Flip Caps, and Others), By Material Type (Paperboard, Polyethylene, Polypropylene, and Others), By Capacity (Up to 250 ml, 250 ml to 500 ml, 500 ml to 750 ml, and above 750 ml), By End-user (Food & Beverages, Paints & Lubricants, Food Service, and Retailers), By Application (Dairy Products, Fresh Juices, Soup, Functional Beverages, and Others), and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: November 2024
Report Code: CGNPAC991
Pages: 233

Gable Top Liquid Cartons Market Size and Forecast, 2024 to 2031

The Global Gable Top Liquid Cartons Market was valued at USD 3,247.1 Million in 2023 and is anticipated to reach a value of USD 4,145.1 Million by 2031 expanding at a CAGR of 3.2% between 2024 and 2031.

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Gable top liquid cartons are a type of packaging used for the transportation and storage of liquid products. These cartons are used to protect liquid products from environmental contamination.  The packaging of beverages, and liquid products necessitates excessive seal strength, good strength of packaging materials, and prevention of degradation. Gable top liquid cartons are known for their distinctive gable-shaped tops, special styling, and visual appeal, are increasingly gaining traction across various liquid packaging applications. They are primarily used for liquid products, such as dairy products, juices, and other beverages. The market for gable top liquid cartons is experiencing significant growth due to factors such as rising demand for convenient packaging, increasing urbanization, rising consumption of ready-to-drink beverages, and government regulations. The gable top liquid cartons market serves food and beverages, paints and lubricants, food service, and other industries. Major players are focused on developing gable top liquid cartons from bio-degradable materials that can decompose easily.

Gable Top Liquid Cartons Market Major Driving Forces

·         Rising Demand for Convenient Packaging: The market is being driven by an increasing demand for convenient packaging. Consumers are increasingly looking for convenient and portable packaging solutions for beverage and liquid products.

·         Increasing Urbanization: The demand for top liquid cartons is influenced by increasing urbanization and busy lifestyles. With urbanization and busy lifestyles, the demand for convenient and sustainable liquid packaging solutions is on the rise.      

·         Rising Consumption of Ready-to-Drink Beverages: The increasing consumption of ready-to-drink beverages is creating a significant demand for gable top liquid cartons. The expansion of the beverage industry is boosting demand for gable top liquid cartons as a convenient and reliable option.

·         Government Regulations: Regulations implemented by the governments are increasingly seeking to steer the packaging industry in a way that aligns with the environmental recycling goals. Governments in many regions are implementing more stringent regulations for creation of eco-friendly packaging.  

Gable Top Liquid Cartons Market Key Opportunities

·         Eco-Friendly and Sustainable Options: The increasing demand for eco-friendly packaging solutions presents an opportunity for the gable top liquid cartons market to develop and promote sustainable options. Manufacturers are increasingly investing in research and development to introduce bio-based and recyclable materials, for reducing plastic waste.

·         Emerging Markets: Opportunities lie in expanding presence into developing countries to create new market potential. Rising disposable incomes, busy lifestyles, and rapid urbanization in developing regions, is creating a greater demand for packaged beverages, which is further boosting growth of gable top liquid cartons market.

·         Technological Innovations: The continuous technological advancements in material science and design is expected to provide significant opportunities for market expansion. These advancements led to enhance the appeal and functionality of gable top liquid cartons. Innovations such as smart packaging solutions and materials with improved durability significantly contributed to the market evolution.

Gable Top Liquid Cartons Market Key Trends

·         Growing consumer preference for sustainable packaging solutions is a key trend shaping the growth of the gable top liquid cartons market

·         Rising need for smart packaging that offers lightweight, high barrier, low contamination and aseptic features

·         Growing emphasis on the development of bio-based and recyclable materials for reducing plastic waste

·         Ongoing advancements in packaging technology have enabled enhancements in functionality such as improved pourability, resealability, and extended shelf life

·         Increasing use of smart packaging solutions to protect liquid products from environmental contamination

·         Growing emphasis on visual presentation and attractive packaging by top manufacturers is a significant trend

·         Growing consumption of ready-to-drink products with the rise of busy lifestyles is creating demand for gable top liquid cartons

Region-wise Market Insights

North America accounted for the largest market share at 33.6% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 3.8% between 2024 and 2031.

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North America dominates the gable top liquid cartons market in terms of market share. This is attributed to the presence of well-established beverage industry, high disposable incomes, demand for sustainable packaging solutions, and increase in the standard of living in the region. Furthermore, a strong focus on innovation and product development, and recycling initiatives also contributes to the regional market growth. Europe emphasizes on eco-friendly and sustainable materials for gable top liquid cartons. In Asia-Pacific, the market is characterized by burgeoning middle class, rising urbanization, increased demand for packaged beverages, busy lifestyles, and rising disposable incomes which has created an increasing demand for gable top liquid cartons.

·         In March 2021, Parksons Packaging Parksons announced to offer an end-to-end solution for Gable-top packaging. Parksons Packaging became the first company in India offering an end-to-end solution to pack liquid & dry products in a Gable Top carton. The company has partnered with NiMCO to offer custom solutions to fill and pack in Gable Top cartons.

The Middle East and Africa has been witnessing a growing demand for gable top liquid cartons due to the rising demand for convenience packaging whereas, in South America, the market is influenced by economic factors, with changing consumer preferences, sustainability concerns, and focus on affordable packaging solutions.

Recent Developments

·         In September 2024, Carton Service announced that it has expanded its role in liquid gable carton packaging market. Carton Service CSI announced that it is expanding their current liquid packaging production facility in Shelby, Ohio with more investments which will be operational this fall.

·         In March 2024, Printmann announced its partnership with Somerset Indus Capital Partners to accelerate growth, aiming to double revenue within four years. The funds were expected to support organic and inorganic initiatives, including the launch of Pakcellence, a subsidiary focused on innovative and sustainable packaging solutions such as Gable Top cartons.

·         In March 2022, Elopak completed the acquisition of Naturepak Beverage Packaging from Gulf Industrial Group and Evergreen Packaging International. Naturepak supplies gable top fresh liquid cartons and packaging systems, has production facilities in Morocco, and Saudi Arabia.

Market Competition Landscape

The global gable top liquid cartons market is characterized by high degree of competition among a large number of manufacturers. Key players in the gable top liquid cartons market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, design differentiation, and the incorporation of sustainable and eco-friendly materials to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

These players are concentrating on new developments, quality control, product standards, and supply chain management to increase their market share. Top manufacturers are exploring new innovative designs to expand their business.

Key players in the global gable top liquid cartons market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Tetra Pak

·         Smurfit Kappa

·         Amcor plc

·         Ball Corporation

·         Elopak AS

·         Evergreen Packaging Inc.

·         American Carton Company

·         Sonderen Packaging

·         SIG Combibloc GmbH.

·         Tetra Laval International S.A.

·         Westrock company

·         TCPL Packaging Limited

·         Jindal Poly Films Limited

·         Nippon Paper Industries Co. Ltd.

·         Pactiv Evergreen Inc.

Report Attribute/Metric

Details

Market Revenue in 2023

USD 3,247.1 Million

Market Revenue in 2031

USD 4,145.1 Million

CAGR (2024 – 2031)

3.2%

Base Year

2023

Forecast Period

2024 – 2031

Historical Data

2019 to 2023

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Type (Screw Caps, Flip Caps, and Others)

·   By Material Type (Paperboard, Polyethylene, Polypropylene, and Others)

·   By Capacity (Up to 250 ml, 250 ml to 500 ml, 500 ml to 750 ml, and above 750 ml)

·   By End-user (Food & Beverages, Paints & Lubricants, Food Service, and Retailers)

·   By Application (Dairy Products, Fresh Juices, Soup, Functional Beverages, and Others)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Tetra Pak, Smurfit Kappa, Amcor plc, Ball Corporation, Elopak AS, Evergreen Packaging Inc., American Carton Company, Sonderen Packaging, SIG Combibloc GmbH., Tetra Laval International S.A., Westrock company, TCPL Packaging Limited, Jindal Poly Films Limited, Nippon Paper Industries Co. Ltd., Pactiv Evergreen Inc.

Customization & Pricing

Available on Request (10% Customization is Free)

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