among the busy population in the North American and European regions, has led to an increased demand for liquid packaging, in turn driving market growth.
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Liquid Packaging Market Outlook – Asia-Pacific is the largest, and fastest-growing region, globally
Asia-Pacific is the largest and fastest-growing region in the global liquid packaging market. EUSME Center is a European Union initiative that provides a comprehensive range of hands-on support services to small and medium-sized enterprises (SMEs) based in Europe, which is preparing them to carry out business in China. According to EUSME, China was the world’s largest consumer market for food and beverage (F&B) products, surpassing the U.S. in 2011, and it continues to sustain its leading position. In 2015, the number of food & beverage exports from Europe to China, increased by 48% and exports of dairy products from Europe increased by 11%, in 2014. Growth of imported food & beverage products is driven by limited arable land, increasing disposable income, water scarcity issues, improving logistics systems, increasing urbanization, and growing food safety concerns.