Global flat top brick packs market: Introduction
The flat top brick packs has brick-like shape, they are easy to carry, and have moistures resistance properties. These packs are compatible with machinery line and have appealing shelf features. The flat top brick packs are shatterproof, compact, and easily transportable. They are aseptic and can store at different temperatures without hampering nutritional value of the product. The flat top brick packs is highly preferred from the food & beverage manufacturers as it extends the shelf life of the product packaged. Flat top brick packs market witnesses stagnant growth in the North America region. So, the leading players in the North America region are targeting the consumers of emerging countries. The Asia Pacific flat top brick packs market is expected to witness tremendous growth during the forecast period. The Asia Pacific region accounts for more than 1/3 of the market share regarding volume. The key players are focusing on expanding flat top brick packs market in developing countries. In August 2017, Polyoak Packaging (Pty) Ltd has to establish new division dairy pack cartons in collaboration with company IPI in South Africa. Thus, significant targeting regions are Latin America & MEA by the global players of flat top brick packs market. Flat top brick packs are easy to open and present in different opening formats such as twist & turn cap, cut & open and straw open.
Global flat top brick packs market: Dynamics
The flat top brick packs preserve the taste, moisture and aroma of the product packaged. Due to high protecting properties, it eliminates the requirement of additional artificial preservatives. Therefore, flat top brick packs food and beverages products. Thus, food & beverage industry is a crucial driver for flat top brick packs market. The growth of food & beverage segment is highest among other end-use segments. The key players of flat top brick packs market are majorly focusing on renewability of the packs. Flat top brick packs made of 75% renewable material, to further enhance the renewable content “Tetra Pak International S.A. “is using plant-derived cap made up of sugarcane. Also, in April 2016, Tetra Pak International SA introduced “Tetra Top carton bottle” with bio-based plastics that increase renewable content from 53% to 82%.
One of the leading players of flat top brick packs market SIG Holding AG is providing “HEAT&GO” packs that are microwavable. The company has replaced the aluminum film by high barrier film that can be heated up to 60 centigrade, provide resistance against oxygen and preserves aroma. Therefore, these features are further increasing the preference of flat top brick packs from consumers end. The global flat top brick packs market is anticipated to expand at a CAGR of 5.6%, by 2028 end.
The methodology used for tracking the consumption for flat top brick packs market described below.
Global flat top brick packs market: Segmentation
On the basis of material type, flat top brick packs market is segmented into:
- Bleached paper
- Non bleached paper
- High density polyethylene (HDPE)
- Low density polyethylene (LDPE)
On the basis of structured type, flat top brick packs market is segmented into:
- 3 layer flat top brick packs
- 4 layer flat top brick packs
- 6 layer flat top brick packs
- Others flat top brick packs
On the basis of structured type, flat top brick packs market is segmented into:
- Food and beverages
- Dairy product
- Nonalcoholic drinks
- Alcoholic drinks
- Consumer goods
- Household products
On the basis of opening type, flat top brick packs market is segmented into:
- Straw opened flat top brick packs
- Twist and turn caps flat top brick packs
- Cut & open flat top brick packs
Tier 1 analysis: This segment includes the leading players of flat top brick packs market they are SIG Holding AG, Tetra Pak International S.A, Amcor Limited, IPI s.r.l., Uflex Ltd, Ducart Group, NIPPON PAPER INDUSTRIES CO.,LTD., Reynolds Group Holdings, Printpack, Inc., Weyerhaeuser Company and others
Tier 2 analysis: This segment includes the emerging players of flat top brick packs market they are Shanghai Skylong Aseptic Package Material Co., Ltd, Agropur Inc., Clifton Packaging Group Ltd., Qingdao Likang Packing Co., Ltd, Shenyang Beiya Beverage Machinery Co., Ltd, TidePak Aseptic Packaging Material Co. Ltd, Greatview Aseptic Packaging Co., Ltd and others.
Global flat top brick packs market: Regional Overview
The global flat top brick packs market has been divided into seven key regions –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Middle East & Africa (MEA)
The flat top brick packs market witnesses stagnant growth in the North America region. So, the leading players in the North America region are targeting the consumers of emerging countries. The Asia Pacific flat top brick packs market is expected to witness tremendous growth during the forecast period. The Asia Pacific region accounts for more than 1/3 of the market share regarding volume. The key players are focusing on expanding flat top brick packs market in developing countries. In August 2017, Polyoak Packaging (Pty) Ltd has to establish new division dairy pack cartons in collaboration with company IPI in South Africa. Thus, significant targeting regions are Latin America & MEA by the global players of flat top brick packs market.
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