Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Beverage Packaging Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Beverage Packaging Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Beverage
Packaging Market is offered.
Market
Insights:
In accordance with the report, the Beverage Packaging
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Beverage
Packaging Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The demand for the industry is boosted by advanced technology in
packing machinery and equipment. The growing popularity of energy drinks is
likely to boost demand for beverage packaging. Overall market benefits accrue
to beverage packaging suppliers who engage in the expansion of production
capacity. The majority of the packaging industry in the market is made up of
carbonated and non-carbonated beverage packaging. The worldwide packaging
market is experiencing increased demand as demand for sustainable products and
awareness of environmentally friendly packaging grows. Furthermore, as youths'
health consciousness grows, so does their desire for bottled juices, energy
drinks, and health drinks, resulting in greater beverage packaging growth. The
biggest potential to boost the growth of the beverage packaging industry is for
customers to become more conscious of the need of utilising environmentally
friendly products. Biodegradable and renewable raw materials are used to create
these environmentally friendly items. Consumption of alcoholic beverages is
being favourably influenced by increased demand for premium products, boosted
by rising disposable income. This factor is expected to bolster the market
demand during the forecast period. Customers are increasingly opting for
recyclable plastics these days. One of the main elements driving the adoption
of recycled plastics for beverage packaging is a growing awareness of
environmental protection. Geographically, the Asia Pacific beverage packaging
market is expected to grow significantly over the study period. Increased
packaged food and beverage consumption in the region, fueled by busy
lifestyles, is driving market expansion. Furthermore, increased urbanisation
and population growth in the APAC economies will bolster the regional market in
the near future.
Research
Methodology:
To compile
the detailed study of the global Beverage
Packaging Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Beverage Packaging Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Beverage Packaging Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Beverage Packaging Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts have
also focused on the key measures that the companies are opting to withstand the
harsh scenario.
Segment
Covered:
Beverage Packaging Market report has been segmented By Types, By Material, By
Application also includes the market size and forecast for all these segments.
Compounded annual growth rates for all segments have also been provided for
2019 to 2031. This report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain.
Key Segments:
Beverage Packaging Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Beverage
Packaging Market, By Types, 2022-2031 (USD Million)
·
Liquid
Cartons
·
Beverage Cans
·
Glass Bottles
·
Plastic
Bottles
·
Others
Beverage
Packaging Market, By Material, 2022-2031 (USD Million)
·
Glass
·
Plastic
o
HDPE
o
LDPE
o
PET
o
PP
·
Metal
·
Paper/Paperboard
Beverage
Packaging Market, By Application, 2022-2031 (USD Million)
·
Alcoholic
Drinks
o
Beer
o
Wine
o
Spirits
o
Others
·
Non-Alcoholic
o
Fruit Juice
o
Carbonated/Soda
o
RTD Beverages
o
Bottled Water
o
Tea &
Coffee
o
Milk Products
Report
Highlights:
The prime objective of the Beverage Packaging Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Beverage
Packaging Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Beverage
Packaging Market:
·
Amcor
Limited.
·
Ardagh Group
S.A.
·
BA Glass
Germany GmbH.
·
Ball
Corporation
·
Beatson Clark
Ltd.
·
Berry Global,
Inc.
·
Brodrene
Hartmann A/S
·
Crown
Holdings, Inc.
·
Gerresheimer
AG.
·
Huhtamaki
Oyj.
·
Intrapac
International Corporation
·
Mahmood Saeed
Beverage Cans & Ends Industry Company Ltd.
·
Nampak Ltd.
·
Orora
Packaging Australia Pty Ltd.
·
Owens-Illinois,
Inc.
·
Silgan
Containers LLC.
·
UFP
Technologies, Inc.
·
Vidrala S.A.
·
Others
Beverage
Packaging Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry