Summary

Beverage Packaging Market information by Packaging Type (Flexible, Rigid & Semi-Rigid), by Materials (Metal, Plastic, Paper and Glass), by Products (Bottles, Cans, Pouch and Others), and by Region – Global Forecast to 2022

Beverage Packaging Market – Overview

The upgradation in packaging techniques to ensure optimum product quality is expected to continue defining the packing of beverages. Reports that deliver insights into the packaging and transport industry has been presented by Market Research Future, which creates reports on industry verticals that judge the market progress and options for growth. The market is displaying the potential to utilize a 4 % CAGR growth by 2022.

The sharp uptick in beverage consumption globally is expected to promote the development of the Beverage Packaging Market size in the coming years. The improvement in packaging materials is expected to foster an increased growth level in the Beverage Packaging Market around the world. Also, the increasing growth in juice consumption is expected to lift the demand for the Beverage Packaging Market in the approaching forecast period.

Key Players

The notable contenders in the Beverage Packaging Market are Tetra Laval International S.A., Saint-Gobain S.A., Owens-Illinois Inc., Rexam PLC, Ball Corporation, Amcor Limited, Crown Holdings Inc., Mondi PLC, Reynolds Group Holdings Limited, and Alcoa Inc.

Industry Updates

Nov 2019 The Coca-Cola Co., lately demonstrated that plastic recovered from waterways and taken from beaches, could be recycled into bottles appropriate for soft drinks. The company last month pronounced manufacture of a trial quantity of polyethylene terephthalate (PET) bottles comprising of 25% recycled marine plastic, which is supposedly the first food-grade bottles manufactured by using this kind of post-consumer recycled objects.

Beverage Packaging Market Segmental Analysis 

The segmental overview of the Beverage Packaging Market has been conducted on the basis of products, packaging type, region, and materials. On the basis of packaging type, the Global Beverage Packaging Market has been segmented into rigid, flexible, and semi-rigid. On the basis of products, the Beverage Packaging Market has been segmented into bottles, cans, pouch, and others. Based on materials, the Beverage Packaging Market Trends 2019 has been segmented into plastic, metal, paper, and others. On the basis of regions, the beverage packing industry is segmented into North America, Europe, Asia Pacific and the rest of the global regions.

Detailed Regional Analysis 

The regional analysis of the Beverage Packaging Market has been conducted on the basis of regions such as North America, Europe, Asia Pacific and the rest of the global regions. The North American region controls the chief share of the Beverage Packaging Market all through the forecast period. The factors such as increased demand for packaged drinks as result of the altering lifestyle and dietary habits, speedy adoption of technologically progressive packaging solutions, augmented importance on fostering an environment-friendly packaging for beverages, upsurge in acceptance of packaged beverages among the young population group, and augmented accessibility to innovative beverages that are presented in a ready to drink and carry along packaging are primarily impelling the development of the Beverage Packaging Market in the North America region. The availability of inexpensive raw materials, speedy development of the packaging industry, elevated demand for packaged drinks, and growing manufacturing levels  of recyclable beverage packaging owing to the upsurge in environmental worries are powering the development of the Beverage Packaging Market in the Asia Pacific region.

Target Audience

Packaging Organizations

Manufacturer

Research Institute / Education Institute

Potential Investors

Competitive Analysis

The perfection of production assets is anticipated to additionally reflect clearly on the general growth picture of the market. The enhancement of substitute resources is likely to augment the whole product supply in the approaching years. The progress impetus of the market is projected to observe a productive jump in the forthcoming years. The enhanced accessibility to improved resources and upgraded ease of access to said resources is anticipated to produce a potential for expansion in the coming years. The opposition in the market is foreseen to rise up in the nearby future as the user base develops with increased production of quality products. Though, the impetus of auspicious policies laid down by administration bodies and trade institutions is projected to create an inspiring advance rate. Also, improved obtainability of resources from investment titans and venture capitalists is projected to endorse a promising development outlook in the market in the imminent period.

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