Asia-Pacific Beverage Packaging Market Databank
The Beverage Packaging market was valued at $135,216.2 Million in 2020, and is projected to reach $195,491.9 Million by 2029 growing at a CAGR of 4.23% from 2021 to 2029. Bottle & jars segment is expected to be the highest contributor to this market, with $68,459.0 Million in 2020, and is anticipated to reach $97,556.3 Million by 2029, registering a CAGR of 4.07%. Carton segment is anticipated to reach $17,741.0 Million by 2029 with the highest CAGR of 5.82%. Bottle & jars and Can segments collectively expected to account for about 77.4% share of the Beverage Packaging market in 2020, with the former constituting around 50.6% share. Carton and Can segments are expected to witness significant growth rates at a CAGR of 5.82% and 4.27% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 34.7% in the overall Beverage Packaging market in 2020, and is anticipated to reach 36.0% by 2029.
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