Beverage Packaging Market is expected to reach US$ 242.01 Mn. in 2029, with a CAGR of 6.42% for the period 2023-2029, because of the growing emphasis on eco-friendly and biodegradable packaging.

Beverage Packaging Market Overview

As per Maximize Market Research, a global business research and consultancy firm, the total global market for “ Beverage Packaging Market” was USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD  by 2029.

 

 

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Beverage Packaging Market Scope and Methodology

The report comprehensively assesses the Beverage Packaging market's size estimation, encompassing existing and upcoming trends. It delivers an extensive examination of pivotal advancements, marketing tactics, supply and demand indicators, and profiles of market proprietors, leaders, potential contenders, and new entrants. Employing a bottom-up approach, the report estimates the Beverage Packaging Market. Primary data sources involve interviews with notable industry experts, business owners, and marketing specialists, while secondary sources encompass financial reviews and annual reports of top manufacturers. For comprehensive insights into market penetration, competitive landscape, demand analysis, and regional evaluation, the study spans local, regional, and global levels.

Beverage Packaging Market Regional Insights

The Beverage Packaging market exhibits extensive categorization across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis furnishes the current status of the Beverage Packaging market within the countries covered. This report offers a comprehensive assessment of factors, market dimensions, growth rates, and regional import-export dynamics.

Beverage Packaging Market Segmentation

According to the kind of packaging used, the market for beverage packaging is further divided into bottle, can, carton, pouch, and other packaging types. In 2022, bottles led the global market in terms of revenue. Glass drinking bottles are used to package the vast majority of alcoholic beverages. On the other hand, there is some demand for non-alcoholic beverage application categories such milk, juice, and others. Glass bottles make the product look more polished and are simple to clean. They are so increasingly being used in beverage packaging.

Carton sales are anticipated to increase at the fastest rate during the projection period. In order to preserve beverages over time, cartons are often made of paperboard with a thin layer of aluminum and plastic. Because they preserve food without a lot of preservatives, cartons are highly sought-after for packing milk, juices, and other non-alcoholic beverages. Perishable beverages can now be transported to places without refrigeration or other preservation tools thanks to this packaging.

The beverage packaging market is further divided into the following material types: metal, plastic, glass, paper & paperboard, and other material type. In 2022, the glass industry was the most significant in terms of revenue. It is mostly utilized to create packaging materials like bottles and jars. Among the products offered are spirit miniatures, pocket flasks, spirit bottles, wine bottles, beer bottles, juice and soft drink bottles, oil bottles, spice and sauce bottles, spice jars, and wide-mouth jars.

1. Global Beverage Packaging Market, by Product Type (2022-2029)
• Non-alcoholic beverages
• Alcoholic beverages
• Dairy beverages
2. Global Beverage Packaging Market, by Packaging Type (2022-2029)
• Bottle
• Can
• Carton
• Pouch
• Other packaging type
3. Global Beverage Packaging Market, by Material Type (2022-2029)
• Metal
• Plastic
• Glass
• Paper & paperboard
• Other material type

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Beverage Packaging Market Key Players

1. Amcor Group GmbH
2. O-I Glass, Inc.
3. Crown Holdings, Inc
4. Ardagh Group S.A.
5. Verallia SA
6. Tetra Pak Group
7. Ball Corporation
8. Vidrala S.A.
9. Toyo Seikan Group Holdings, Ltd.
10. CPMC Holdings Limited
11. Huhtamaki Oyj.
12. Brodrene Hartmann A/S
13. UFP Technologies, Inc.
14. Gerresheimer AG.
15. Owens-Illinois, Inc.
16. Berry Global, Inc.
17. Beatson Clark Ltd.
18. Intrapac International Corporation
19. BA Glass Germany GmbH.
20. Nampak Ltd.
21. Silgan Containers LLC.
22. Mahmood Saeed Beverage Cans & Ends Industry Company Ltd.
23. Orora Packaging Australia Pty Ltd.
24. Others

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Key questions answered in the Beverage Packaging Market are:

  • What is Beverage Packaging?
  • What was the Beverage Packaging market size in 2022?
  • What are the different segments of the Beverage Packaging Market?
  • What growth strategies are the players considering to increase their presence in Beverage Packaging?
  • What are the upcoming industry applications and trends for the Beverage Packaging Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Beverage Packaging Market?
  • Who are the key players in the Beverage Packaging market?
  • What segments are covered in the Beverage Packaging Market?
  • Who are the leading companies and what are their portfolios in Beverage Packaging Market? 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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