Beverage Packaging Market is Expected to Surpass US$ 100 Bn by 2021

Beverage Packaging Market Outlook

The beverage packaging market is projected to foresee a remarkable growth rate over the forecast period. The rising focus towards eco-friendly and biodegradable packaging is likely to spur demand for beverage packaging, consecutively boosting the beverage packaging market trends. Moreover, the increasing adoption of biodegradable, recyclable, and compostable packaging material amid producers will consequently generate growth prospects for the market in the approaching years.

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The beverage packaging market is anticipated to register a CAGR 4.1% in terms of value during the forecast period of 2019-2027.

Beverage Packaging Market Structure Analysis

The beverage packaging market is highly fragmented packaging market. Key players operating in the global market for beverage packaging include Huhtamaki Oyj., Brodrene Hartmann A/S, UFP Technologies, Inc., Crown Holdings, Inc., Amcor Limited., Ardagh Group S.A., Ball Corporation, Gerresheimer AG., Owens-Illinois, Inc., Berry Global, Inc., Beatson Clark Ltd., Intrapac International Corporation, BA Glass Germany GmbH., Nampak Ltd., Vidrala S.A., Silgan Containers LLC., Mahmood Saeed Beverage Cans & Ends Industry Company Ltd., and Orora Packaging Australia Pty Ltd.

Market Taxonomy

The global beverage packaging market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

Liquid Cartons Beverage Cans Glass Bottles Plastic Bottles Others

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Material Type

Glass Plastic HDPE LDPE PET PP Metal Paper/Paperboard

Application

Alcoholic Drinks Beer Wine Spirits Others Non-Alcoholic Fruit Juice Carbonated/Soda RTD Beverages Bottled Water Tea & Coffee Milk Products

Region

North America Latin America Western Europe Eastern Europe APEJ MEA Japan FREQUENTLY ASKED QUESTIONS ABOUT BEVERAGE PACKAGING MARKET

What are future prospects for the beverage packaging market?

The beverage packaging market is anticipated to witness an impressive growth rate, with the market creating an incremental opportunity of US$ 38.9 Bn by the end of 2027.

What is degree of competition in the beverage packaging market?

The beverage packaging market is fragmented and has an intense competition landscape with a large number of regional and local market players. Crown Holdings Inc., Ball Corporation, Ardagh Group S.A., and Amcor Limited are some of the significant players in the beverage packaging market.

Which region is expected to generate the highest sales in the beverage packaging market?

The APEJ region is expected to witness maximum growth in the beverage packaging market, due to the rise of on-the-go consumption habits. Increasing disposable incomes, and a fast-paced lifestyle, coupled with easy access to retail outlets, are other factors that enable more consumers to opt for packaged beverages, especially in developing countries such as India.

What percent of the market share can market stakeholders derive from liquid cartons over the next decade?

The liquid cartons segment is expected to hold market share of more than 30% of the global beverage packaging market during the forecast period. FMI projects promising growth for liquid cartons, with the segment anticipated to grow 1.5x over the forecast period.

Beverage Packaging Market Report Scope