Beverage Packaging Market

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Beverage Packaging Market (Types - Can, Bottle, Pouch, Carton, and Others; Materials - Plastic, Glass, Metal, Paperboard, and Others; Applications - Alcoholic, Non-alcoholic, and Dairy): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : April, 2019

  • Rep Id : FB0345

  • Category : Food & Beverages

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Beverage Packaging Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Beverage Packaging Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Beverage Packaging Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on beverage packaging market provides in-depth analysis of segments and sub-segments in the global as well as regional beverage packaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional beverage packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global beverage packaging market. According to the report, the global beverage packaging market is projected to grow at a CAGR of 4.2% over the forecast period of 2019-2025.

 

Market Insight

Beverage Packaging allows the beverages to remain intact for a longer duration without getting spoiled or contaminated. There are various types of material are preferred for beverage packaging which includes flexible plastics, rigid plastics, paper & board, rigid metal, and glass. Plastic packaging is preferred in the beverage industry due to its benefits such as low manufacturing cost, lightweight and easy to carry.


The beverages packaging market has been driven by the growing consumption of beverages especially alcoholic beverages, fruits juices, and water bottles. Moreover, high demand for sustainable and convenient packaging solutions is another factor escalates the growth of beverages packaging market. Additionally, expanding the importance of preserving the quality of the content is expected to ample the growth of beverages packaging market. Also, the growing adoption of bag-in-box and stand-up pouches packaging for beverages along with growing demand from end-user industries spur the growth of the market. Furthermore, personalization of the beverage packaging is becoming more important as companies try to attract customers with aesthetic and functional designs. Smaller size packs and multi-packs meant for individual consumers are expected to spur the growth of the market in the near future. Increase in demand for convenience beverage products presents an opportunity for the manufacturers. Moreover, development in robotics, installation of automated vending machines, process automation creates growth opportunities for the beverages packaging market in coming years. Eco-friendly recyclable materials based beverage packaging is expected to gain prominence in the near future as major beverage manufacturers are showing their intent to adopt them.


Among the geographies, Asia Pacific dominated the global beverages packaging market. China is the largest beer consumer in the world and the demand for container glass in China is 37% of the world. Rising population as well as disposable income, changing lifestyles, increasing alcoholic drinks consumption and westernization are some of the factors that drive the growth of the beverages packaging market in the Asia Pacific region. At the same time, growing health awareness and more concern towards carbon footprint, lead to improvements in beverages packaging in this region. On the other hand, North America is expected to be a lucrative market for beverages packaging. This is due to increasing penetration of automation in the beverage packaging industry and presence robust manufacturing industries such as Tyson Foods Inc., PepsiCo Inc., Nestle, Anheuser-Busch InBev, Coca Cola Company and Kraft Heinz Co in The U.S. is likely to bolster the growth of the regional market during the forecast period.


Global Beverage Packaging Market


Segment Covered

The report on the global beverage packaging market covers segments such as types, materials, and applications. On the basis of types, the sub-markets include can, bottle, pouch, carton, and others. On the basis of materials, the sub-markets include plastic, glass, metal, paperboard, and others. On the basis of applications, the sub-markets include alcoholic, non-alcoholic, and dairy.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Alcoa Corporation, Amcor Limited, Ball Corporation, Crown Holdings, Inc., Mondi Group, Owens-Illinois Inc., Rexam Ltd., Reynolds Group Holdings Limited, Compagnie de Saint-Gobain S.A.Stora Enso Oyj, and Tetra Laval International S.A.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of beverage packaging market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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