Beverage Packaging Market

Beverage packaging materials come in many different forms. With advances in technology, different types of plastics and polymers are being used to manufacture bottles, caps, tops, and containers. Most beverage packaging is created with a view toward protecting the environment from recycling waste, as well as creating appealing and functional merchandise. As consumers become more environmentally conscious, eco-friendly beverage packaging will be an ever increasing segment of the beverage industry. One type of ecofriendly product introduced to the market that has become extremely popular is recyclable plastic beverage packaging. Reusable and recyclable plastics have become popular because they offer a cost effective way to package products.

Market Dynamics

Increasing demand for beverage is driving growth of the beverage packaging market. Growing consumption of sports drinks and rising adoption of advanced packaging is again fostering growth of the beverage packaging market. For instance, in March 2021, Graphic Packaging International, a leading provider of paper-based packaging solutions launched recyclable paperboard packaging solution for beverage brands: Cap-It. It is a clip with neck rings designed for multipack Polyethylene terephthalate (PET) or recycled PET bottles. Produced from renewable materials, the paperboard solution offers an alternative to traditional shrink film packaging, increasing overall pack recyclability to 100%.

The growing demand for eco-friendly product packaging is expected to bring new market opportunities in the near future. For instance, in February 2020, Numi Organic Tea introduced its new plant-based packaging that features a bright, bold, ingredients-focused look. New packaging is more eco-friendly and produced from 90% post-consumer waste paper cartons, soy-based inks, and biodegradable Manila hemp tea bags. Thus, the growing demand for eco-friendly product packaging is propelling the market growth.

Key features of the study:

• This report provides an in-depth analysis of global beverage packaging market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global beverage packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Amcor Limited, Alcoa Inc., Ball Corporation, Crown Holdings, Inc., Owens-Illinois, Inc., Rexam PLC, Reynolds Group Holdings Limited, Ardagh Group S.A., Tetra Laval International S.A., and Compagnie de Saint-Gobain
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
• The global beverage packaging market report caters to various stakeholders in this industry including investors, suppliers, beverage packaging manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global beverage packaging market

Detailed Segmentation:

• Global Beverage Packaging Market, By Product Type:
  • Bottles
  • Cans
  • Liquid Cartons
  • Pouch/Sachet
  • Others
• Global Beverage Packaging Market, By Application:
  • Alcoholic Drinks
    • Beer
    • Other Alcoholic Drinks
  • Non-alcoholic Drinks
    • Dairy
    • Carbonated Drinks/Soda
    • Juices/Soft Drinks
    • Bottled Water
    • Energy Drinks/RTD Beverages
• Global Beverage Packaging Market, By Region:
  • North America
    • By Country :
      • U.S.
      • Canada
  • Europe
    • By Country :
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country :
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • South Korea
      • Rest of Asia Pacific
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Middle East & Africa
    • By Country
      • Middle East
      • Africa
• Company Profiles
  • Amcor Limited*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Alcoa Inc.
  • Ball Corporation
  • Crown Holdings, Inc.
  • Owens-Illinois, Inc.
  • Rexam PLC
  • Reynolds Group Holdings Limited
  • Ardagh Group S.A.
  • Tetra Laval International S.A.
  • Compagnie de Saint-Gobain

“*” marked represents similar segmentation in other categories in the respective section.