Global Beverage Packaging market is valued at USD 116037.3 Million in 2018 and expected to reach USD 154764.7 Million by 2025 with a CAGR of 4.20 % over the forecast period.
Scope of Global Beverage Packaging Market Reports –
Beverage Packaging represent a wide range of formats and material including cans, pouches, plastic bottles and cartons. Each of which is accompanied by different varieties of closure system. Beverage packaging is used for packing a wide variety of commercial drink ranging from milk to carbonated soft drinks to alcoholic Beverage and mineral water.
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Global Beverage packaging Market report is segmented on the basis of product, applications, material and by regional & country level. Based upon product, global Beverage packaging market is segmented into can, bottle & jars, pouch, carton and others. Based on applications the Beverage packaging market is segmented in to alcoholic, non alcoholic and dairy products. Based on material the market is segmented into plastic, glass, metal and others.
The regions covered in this Beverage packaging Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Beverage packaging is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Key Players for Global Beverage Packaging Market Reports-
Some major key players for global Beverage packaging market are Amcor Limited, Bemis Company, Inc., Mondi PLC, Tetra Laval International SA, RPC Group PLC, Alcoa Inc., Westpack, Rexam Inc., Reynolds Group Holdings, Sonoco Products Company, Crown Holdings Incorporated, Ardagh Group, Saint-Gobain S.A, Stora Enso Oyj, Owens-Illinois, Inc., Rexam PLC, Ball Corporation and others.
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Global Beverage Packaging Market Dynamics –
Increasing recycling equipment and extrusion technologies are likely to have a significant impact on scrap and basis weight, driving the sustainability factor in beverage packaging market. As per New York City Department of Sanitation recycling standards, environmentally sound packaging is ensured through sustainable packaging design with 90% product to 10% packaging as the target efficiency ratio, sustainable production strategies, and sustainable transportation and end-of-life strategies. However, major factor restraining the growth of plastic segment is due to the environmental concerns over plastic’s re-use. While glass and metal are economically expensive than plastic, plastic does a significant contribution to the rising pollution levels. These are some of the factors which may hinder the growth of the beverage packaging industry. However, several key players are investing in technological advancements to be competitive in market and also find new opportunities from related to product.
The global Beverage packaging market is segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW). Asia Pacific is expected to dominate the global Beverage market owing to rising disposable income, increasing population and some other factors which positively affect the Beverage packaging industry. North America is expected to grow at a significant CAGR within the forecast period. According to International Bottled Water Organization, domestic non-sparkling water regularly reigns as the largest segment of U.S. packaged water industry and its 9.7 billion gallons represented 96 % of total volume in 2013.
Key Benefits for Global Beverage Packaging Market Report –
- Global Beverage packaging Market report covers in-depth historical and forecast analysis.
- Global Beverage packaging Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Beverage packaging Market report helps to identify opportunities in marketplace.
- Global Beverage packaging Market report covers extensive analysis of emerging trends and competitive landscape.
Global Beverage Packaging Market Segmentation: -
By Product:
- Can
- Bottle & Jars
- Pouch
- Carton
- Others
By Applications:
- Alcoholic
- Non-Alcoholic
- Dairy Product
By Material:
- Plastic
- Glass
- Metal
- Other
By Regional & Country Level:
- North America
- S.
- Canada
- Europe
- K.
- France
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
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