Beverage Packaging Market Size, Share, and Analysis, By Product Type (Bottles, Pouch/Sachet, Liquid Cartons, Cans, Others), By Application (Alcoholic Drinks {Beer, Other Alcoholic Drinks}, Non-alcoholic Drinks {Carbonated Drinks/Soda, Dairy, Bottled Water, Juices/Soft Drinks, Energy Drinks/RTD Beverages}), By Packaging Type (Flexible, Rigid & Semi-Rigid), By Material (Glass, Plastic, Metal, Paper) and Regional Forecasts, 2022-2032
Beverage Packaging Market Size, Share, and Analysis, By Product Type (Bottles, Pouch/Sachet, Liquid Cartons, Cans, Others), By Application (Alcoholic Drinks {Beer, Other Alcoholic Drinks}, Non-alcoholic Drinks {Carbonated Drinks/Soda, Dairy, Bottled Water, Juices/Soft Drinks, Energy Drinks/RTD Beverages}), By Packaging Type (Flexible, Rigid & Semi-Rigid), By Material (Glass, Plastic, Metal, Paper) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Beverage Packaging Market size was USD 176.1 billion in 2021 and projected to grow from USD 197 billion in 2023 to USD 328.6 billion by 2032, exhibiting a CAGR of 5.8% during the forecast period.
Beverage packaging is usually one to store and protect several beverages under various factors. Packaging is an important step which maintains the safety of product and preserves the nutrients & aroma and of the beverage by avoiding contamination. Packaging is done to prevent any spillage, designed to enhance the convenience to users by maintaining quality of product. Proper packaging ensures sustaining of shelf life by protecting from environmental moisture and reduces the material costs. Several techniques were developed which aid in the marketing of product, one of it is digital printing which is a popular method of beverage packaging.
MARKET HIGHLIGHTS
Beverage Packaging Market is expected to reach USD 328.6 billion, growing at a CAGR of 5.8% during forecast period owing to the acceptance of environment-friendly, recyclable, biodegradable beverage packaging solutions is anticipated to drive the demand for market growth. The growing usage of inexpensive and lightweight materials is expected to boost the growth of the beverage packaging market. Beverage packaging is helpful in the packing of water, coffee, beer, soft drinks, energy drinks, dairy products etc. and are available in different sizes, shapes and material like plastics, metals, glass etc.
Beverage Packaging Market Segments:
- Product Type
- Bottles
- Pouch/Sachet
- Liquid Cartons
- Cans
- Others
- Application
- Alcoholic Drinks {Beer, Other Alcoholic Drinks}
- Non-alcoholic Drinks {Carbonated Drinks/Soda, Dairy, Bottled Water, Juices/Soft Drinks, Energy Drinks/RTD Beverages}
- Packaging Type
- Flexible
- Rigid & Semi-Rigid
- Material
- Glass
- Plastic
- Metal
- Paper
MARKET DYNAMICS
Growth Drivers
Increasing Urbanization is Expected to Boost the Growth of the Market
Advancements in Innovative Packaging is Expected to Boost the Growth of the Market
Restraint
Lack of Trained Professionals May Restrain the Growth of the Market
Key Players
- Amcor Limited
- Berry Global Group, Inc
- Toyo Seikan
- Ball Corporation
- Owens-Illinois, Inc
- Berlin Packaging
- Tetra Laval International S.A.
- Stora Enso
- Crown Holdings, Inc.
- Reynolds Group Holdings Limited
- Sonoco Products Company
- Ardagh Group S.A.
- Compagnie de Saint-Gobain.
- WestPak
- Smurfit Kappa Group PLC
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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