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.
The global Beverage Packaging market is valued at 122000 million US$ in 2018 and will reach 170900 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Beverage Packaging market based on company, product type, end user and key regions.
This report studies the global market size of Beverage Packaging in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Beverage Packaging in these regions.
This research report categorizes the global Beverage Packaging market by top players/brands, region, type and end user. This report also studies the global Beverage Packaging market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Amcor
Ball
Crown Holdings
Owens-Illinois
Market size by Product
Bottle
Can
Pouch
Carton
Market size by End User
Alcoholic
Non-Alcoholic
Dairy
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Beverage Packaging market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Beverage Packaging market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Beverage Packaging companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Beverage Packaging submarkets, with respect to key 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
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Beverage Packaging market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Beverage Packaging. Industry analysis & Market Report on Beverage Packaging is a syndicated market report, published as Global Beverage Packaging Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Beverage Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.