Global market for liquid paperboard expected to reach nearly $14 billion by 2020
The liquid packaging board market has turned a corner and is showing positive growth prospects over the short and medium term. Having declined slightly since 2010, global volume demand for liquid packaging board is expected to pick up in 2015, with annual growth of more than 2% predicted, followed by average growth of 3.5% annually to 2020.
The market totaled just less than 3 million tonnes in 2014, worth an estimated $11.4 billion at converter level, and this will grow to 3.6 million tonnes by 2020, valued at $13.8 billion at constant 2014 prices.