The global beverage packaging market is projected to grow at a CAGR of 5.7% over the forecast period. The key factors that influence the growth of the global beverage packaging market include the surging demand for convenience as well as sustainable packaging solutions amongst the consumers. Continuous changes in the consumer's preferences encourage the beverage packaging manufacturers to develop innovative and advanced packaging that not only attracts the customer but also keeps the product safe from contamination. Advanced packaging solutions enhance the strength, provides better insulation from heat, provides aroma preservation, and a strong barrier against the moisture.
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Further, with the increasing population of millennials and on the go consumers, there has been a substantial rise in the adoption of packaged food and beverage items. Apart from this, the key manufacturers are also developing active and intelligent packaging solutions. There has also been an upsurge in the demand for small packages such as cans and pouches owing to the easy handling. Besides, the incline towards the premium packaged products supported by the rising disposable incomes is also positively affecting the growth of the global beverage packaging market.
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Market Coverage
The market numbers available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Material, By Product, By Beverage
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Ball Corp., Berry Global, Inc., Mondi Group Plc, Smurfit Kappa Group, Sonoco Products Co., and Stora Enso Oyj
Global Beverage Packaging Market – Segmentation
By Material
Glass
Plastic
Paper
Metal
By Product
Bottles & Jars
Cans
Pouches
Cartons
Others
By Beverage
Non-Alcoholic Beverages
Alcoholic Beverages
Global Beverage Packaging Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
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