Global Beverage Packaging Market was valued US$ 122.21 Bn in 2019 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX% during a forecast period.
The report is segmented into Product, Material, Application, and region.
Beverage Packaging Market based on Product includes Can, Bottle & jars, Pouch, Carton, and Others. Further, Material classified into Plastic, Glass, Metal, Paper, and Other. Alcoholic and Non-alcoholic is derived under Application segment.
The report covers analysis, market forecast and competitive landscape of the industry by region. Regions are segmented by North America, Europe, Middle East & Africa, Asia Pacific, and Latin America.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Based on Application segment, the alcoholic beverages segment includes wine, beer, whiskey, rum, vodka, spirits, and others and the non-alcoholic beverages includes juices, carbonated soft drinks, energy drinks, ready to drink tea & coffee, functional drinks, packaged drinking water, sparkled water, and various dairy beverages such as white milk, flavored milk, and other. The non-alcoholic beverage packaging dominated the market.
In terms of region, Asia-Pacific accounted for the large share of the beverage packaging market during the forecast period. China is one of those countries that have a high growth rate in the beverage packaging market in the Asia-Pacific region. In the Asia-Pacific region, changing consumer inclinations along with the growth in economies are driving the market for beverage packaging.
A key factor driving the growth of the market is the growing consumption of bottled water, and increasing demand for single-serve, multi-packs, and sustainable packaging. One of the major restraining factors for the beverage packaging market is the strict environmental regulations. Growing opposition to the use of plastic bottles is the major challenge for the beverage packaging market.
The report also includes detailed profiles of end players such Ball Corporation, Rexam PLC, Amcor Limited, Reynolds Group Holdings Limited, Saint-Gobain S.A., Tetra Laval International S.A., Owens-Illinois, Inc., Bemis Company, Inc. Sonoco Products Company; Saint-Gobain S.A; Mondi plc., Amcor Ltd,Alcoa Corporation, Reynolds Group Holdings Limited, Crown Holdings Inc.
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Global Beverage Packaging Market, by Product:
• Can
• Bottle & jars
• Pouch
• Carton
• Others
Global Beverage Packaging Market, by Material:
• Plastic
• Glass
• Metal
• Paper
• Other
Global Beverage Packaging Market, by Application:
• Carbonated Drinks
• Milk
• Water
• Juices
• Energy Drinks
• Alcoholic Drinks
Global Beverage Packaging Market, by Region
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Beverage Packaging Market:
• Ball Corporation
• Rexam PLC
• Amcor Limited
• Reynolds Group Holdings Limited
• Saint-Gobain S.A.
• Tetra Laval International S.A.
• Owens-Illinois, Inc.
• Bemis Company, Inc.
• Sonoco Products Company
• Mondi plc.
• Alcoa Corporation
• Crown Holdings Inc.
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