The US liquid packaging cartons market is estimated to grow at a CAGR of 4.3% during the forecast period. The rising demand for energy drinks is one of the key factors encouraging market growth. After multivitamins, energy drinks are significantly consumed dietary supplement by American young adults and teens. Nearly one-third of teens between the age of 12- and 17-years drink energy drinks regularly and men between the ages of 18 and 34 years consume the most energy drinks. The Centers for Disease Control and Prevention (CDC) reports that drinkers aged 15 to 23 consume alcohol with energy drinks.
Caffeine is a key ingredient in energy drinks. It may contain other ingredients including B vitamins, guarana, glucuronolactone, sugars, taurine, ginseng, bitter orange, Yohimbe, and carnitine. Some energy drink manufacturers are focusing on replacing plastic packaging with carton packaging to address growing concerns regarding plastic waste. This, in turn, is contributing to the demand for carton packaging that is lightweight and highly recyclable.
The market is classified based on carton type and application. Based on the carton type, the market is classified into brick cartons, tetrahedron cartons, and gable top cartons. Gable top cartons are gaining significance in the US beverage manufacturers. Refrigerated (gable top) cartons consist of nearly 20% polyethylene and 80% paper. Refrigerated cartons have applications in the packaging of cream, juice, milk, egg substitutes, soy, and grain milk. Gable top cartons are easy for storage, as they stand upright. Several companies have launched gable top packaging in the US markets, which include Tetra Laval, Elopak, and Carton Service, Inc. Based on the application, the market is classified into milk, juices, liquid foods, energy and soft drinks, and others.
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US Liquid Packaging Cartons Market Segmentation
By Carton Type
- Brick Cartons
- Tetrahedron Cartons
- Gable Top Cartons
By Application
- Milk
- Juices
- Liquid Foods
- Energy and Soft Drinks
- Others
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Company Profiles
- American Carton Company
- Carton Service, Inc.
- Emenac Packaging
- Georgia-Pacific LLC
- Graphic Packaging International, LLC
- International Paper Co.
- Larsen Packaging Products, Inc.
- Liquibox Corp.
- Packaging Corporation of America
- Tetra Laval International S.A.
- Western Container Corp.
- WestRock Group
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