October 14, 2020

Beverage Packaging Market Demand, Industry Size, Top Players, Opportunities, Sales, Revenue And Regional Forecast To 2022

Summary

The Beverage Packaging Market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on the Beverage Packaging Market highlights the future prediction and the growth alternatives that can be created.

Market Scenario

The packaging of beverages that are carbonated and non-carbonated by composition is the major chunk of the market in the packaging industry. The beverage packaging is principally motivated by the surge in the intake of beverages. The surging demand for energy drinks is expected to motivate the beverage packaging market in the forthcoming years. The investment in the development of production capacity by beverage packaging suppliers is anticipated to have an overall beneficial effect on the market.

Key Players

The beverage packaging companies operating in the global market are Ball Corporation, Saint-Gobain S.A., Mondi PLC, Owens-Illinois Inc., Reynolds Group Holdings Limited, Tetra Laval International S.A., Crown Holdings Inc., Rexam PLC, Amcor Limited, and Alcoa Inc.

Regional Analysis

As per the MRFR study, the Beverage Packaging Market consists of regions such as Asia Pacific, North America, Europe and the Rest of the regions in the world. The region in North America is expected to control the beverage packaging market. The adoption of cutting-edge packaging technologies and consumer understanding as well as the increasing beer consumption, are a few of the factors motivating the development of the beverage packaging market in this region. This region is anticipated to develop at a decent pace throughout the forecast period.

Segmental Analysis

The global beverage packaging Market has been segmented on the basis of packaging type, products, and materials. Based on packaging type, the global beverage packaging market has been segmented into flexible, rigid, and semi-rigid. Based on products, the global beverage packaging market has been segmented into cans, bottles, pouch, and others. The bottles segment commanded the major share of the global beverage packaging market and is anticipated to expand at a significant growth rate during the assessment period. Based on materials, the global beverage packaging market has been segmented into metal, plastic, paper, and others. The plastic segment is projecting the fastest growth in the global beverage packaging market owing to the advantages of plastic bottles in increasing the shelf life of beverages.

Target Audience

Packaging Organizations

Manufacturer

Research Institute / Education Institute

Potential Investors

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