Shelf Stable Carton Industry: Overview
Shelf stable cartons are packaging solutions designed to provide extended shelf life to products, such as dairy, beverages, and others, without the use of preservatives or refrigeration. These cartons are made with layers of paperboard, plastic, and aluminum, which protect the contents from light, oxygen, moisture, and other external factors that can spoil or degrade the product's quality.
The global shelf stable carton market size is expected to reach US$9186 million by 2022, growing at a compound annual growth rate of 5.5%. The dairy industry dominates the shelf stable carton market due to the increasing demand for extended shelf life milk, cream, and yogurt products. Beverages, including juices, soups, and broths, are also significant contributors to the market growth. The other segment includes packaged foods, pet foods, and pharmaceuticals.
Key Players in the Shelf Stable Carton Industry
The shelf stable carton industry is consolidated, with a few major players dominating the global market. Leading manufacturers in the industry include Amcor, Mondi, Tetra Pak International, Elopak, Coesia (IPI Srl), Lami Packaging, Nippon Paper Industries, Nampak, Uflex, SIG Combibloc Obeikan, Polyoak Packaging Group, Weyerhaeuser, Clearwater Paper, and Greatview Aseptic Packaging.
Industry Status and Prospects
The need for extended shelf life, product safety, and convenience is driving the demand for shelf stable cartons. These cartons are cost-effective and environmentally friendly compared to traditional packaging solutions, such as glass bottles and cans. Additionally, shelf stable cartons can be customized in shapes, sizes, and designs, which enhances the product's branding and marketing.
The use of shelf stable cartons is expected to increase further in the future due to the rise in urbanization, increasing disposable incomes, and changing lifestyles. The growing demand for organic, plant-based, and functional food and beverages will also propel the market growth. The Asia-Pacific region is expected to witness substantial growth due to the increasing demand for packaged food and beverages in China, India, and Southeast Asia.
In conclusion, the shelf stable carton industry's growth is driven by the need for extended shelf life, product safety, and convenience. The market's significant players are investing in new product innovations, mergers, and acquisitions to stay competitive and meet consumers' needs. The industry's future looks bright, with the market expected to grow due to the rise in urbanization, increasing disposable incomes, and changing lifestyles.
The SWOT analysis of the Shelf Stable Carton industry is as follows:
Strengths:
1. Durable: Shelf stable cartons are made from sturdy and robust materials. This durability makes them ideal for packaging and transport.
2. Lightweight: Shelf stable cartons are lightweight, which makes them easy to handle and transport.
3. Barrier Function: Shelf-stable cartons have a barrier function that helps to preserve the contents.
4. Environment Friendly: Shelf-stable cartons are environmentally friendly because they are recyclable.
5. Customization: Shelf-stable cartons can be customized to suit the product being packaged and marketed.
Weaknesses:
1. Limited to certain products: Shelf stable cartons are typically used for certain products like juice, soup, and milk. They can't be used to package other products, including those with acids or ethanol.
2. Limited shelf life post-opening: Once a shelf-stable carton is opened, the contents' shelf life is limited compared to other packaging options.
3. Expense: Shelf-stable cartons can be more expensive than other packaging options, such as plastic containers.
Opportunities:
1. Expansion of the market: The shelf-stable carton industry can expand its market by diversifying its product portfolio to include other products and sectors.
2. Increase in demand for sustainable packaging: With increasing demand for sustainable packaging, shelf stable cartons can benefit from this trend.
3. Regional growth: The shelf stable carton industry has scope for regional growth, especially in countries with growing populations.
Threats:
1. Competition: The shelf stable carton industry faces significant competition from alternative packaging materials like plastic, glass, and metal.
2. Recyclability: While shelf stable cartons are recyclable, recycling infrastructure for these containers may not exist in some regions, making it difficult for them to compete against other packaging options.
3. Technological advancements: The development of new packaging technologies could reduce or eliminate the need for shelf-stable cartons.
Key players in global Shelf Stable Carton market include:
Amcor
Mondi
Tetra Pak International
Elopak
Coesia (IPI Srl)
Lami Packaging
Nippon Paper Industries
Nampak
Uflex
SIG Combibloc Obeikan
Polyoak Packaging Group
Weyerhaeuser
Clearwater Paper
Greatview Aseptic Packaging
Market segmentation, by product types:
Bleached Paperboard
Coated Unbleached Kraft Paperboard
Market segmentation, by applications:
Dairy Products
Beverages
Others
Summary:
Get latest Market Research Reports on Shelf Stable Carton. Industry analysis & Market Report on Shelf Stable Carton is a syndicated market report, published as Global Shelf Stable Carton Market Report 2018-2029. It is complete Research Study and Industry Analysis of Shelf Stable Carton market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.