The beverage packaging market is driven by rising consumption of beverages in developing countries with increasing disposable income of the middle-class population. Current market trends are witnessing an up surge in the demands for beverages, thereby displaying a brighter opportunity for the beverage packaging industry. Key players adopted partnerships and agreements as the most preferred strategy to maintain a good and undisrupted supply chain with suppliers and distributors present worldwide. They also focused on acquiring local players of emerging markets to expand their business globally and sustain the competition prevailing in the market. New product launches also helped key players in strengthening their product portfolio.
Changing consumer preferences are resulting in an increased utility of packaging materials to enhance strength, aroma retention, heat insulation, sealing, and barrier against moisture. Soaring demand for small packs is providing a strong push to the demand for flexible bags and pouches. Growing demand for premium products, aided by rising disposable income, is positively influencing the demand for alcoholic beverage consumption. The growing use of automation in beverage packaging industry will drive the growth prospects for the global beverage packaging market for the next four years. The automated system in the beverage packaging industry reduces the wastage of packaging materials, reduces factory footprint, and enables the timely rectification of operational problems, which in turn, boosts the beverage packaging market. APAC dominates the beer packaging market and continue to dominate the market in the following years. The Asia-Pacific region holds a significant potential for development, in terms of the most prospective countries. The market holds major share in retail packaging, estimating to nearly 75%, as major manufacturing is done in China.
In 2019, the market size of Beverage Packaging is 122000 million US$ and it will reach 170900 million US$ in 2025, growing at a CAGR of 4.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Beverage Packaging.
This report studies the global market size of Beverage Packaging, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Beverage Packaging sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Amcor
Ball
Crown Holdings
Owens-Illinois
...
Market Segment by Product Type
Bottle
Can
Pouch
Carton
Market Segment by Application
Alcoholic
Non-Alcoholic
Dairy
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Beverage Packaging status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Beverage Packaging manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Beverage Packaging are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Beverage Packaging. Industry analysis & Market Report on Beverage Packaging is a syndicated market report, published as Global (United States, European Union and China) Beverage Packaging Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Beverage Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.