Beverage Crates Market to Witness a Pronounce Growth During 2018-2028
Beverage Crates Market: Overview
Globally, beverage producing manufactures are looking towards lightweight, convenient and cost-effective packaging solution. Beverage crate, a beverage packaging product used for transporting, is, light in weight and consumes less space. Thus, crates are a preferred packaging product for beverage manufacturers.
Coca-Cola, a global beverage producer, is supplying its bottles in beverage crates that are made up of high-grade wood. These beverage crates can easily bear shock and therefore act as a protective packaging material. Reusable feature of beverage crate reduces the production cost of the product.
Key manufacturers of beverage crate market are providing additional features in the beverage crates. They have added inserts, grid, and dividers that are removable. These features of beverage crates differentiate them from other packaging products, thereby, increasing its preference in the market.
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One of the key players in the beverage crates market, Schoeller Allibert, is focusing on reusable packaging solutions. The company provides reusable beverage crates. The company’s initiatives towards sustainable packaging solution are contributing towards reducing the landfilling issues. Schoeller Allibert is producing reusable beverage crates for global beverage manufacturers such as Coca-Cola, Foster’s, Warsteiner, Heineken, and Radeberger. The company has exhibited its stylish and designer beverage crates in DRINKTEC 2017 held in Germany.
Global beverage packaging industry accounts for a market value of USD 82.9 billion. To package such a vast amount of beverage there is high demand for the primary and secondary packaging products for safer transportation of the beverages to the end users.
Tier Analysis
Tier 1 Analysis: This segment includes the key players of beverage crates market. They are Schoeller Allibert, DS Smith plc, RPP Containers, Myers Industries, Inc., Rehrig Pacific Company, Inc., Gamma-Wopla NV and others.
Tier 2 Analysis: This segment includes the emerging players of beverage crates market they are Melmat, Inc., Protopak Engineering Crop., AFP Inc., Nilkamal Limited, Dolav UK Limited, Craemer UK Ltd., Ravensbourn Limited, MPH group, Dynawest Ltd, Advanced Crates Ltd and others.
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