As per a recent survey by insightSLICE, Global beverage packaging market size is expected to reach USD 250 billion by 2031, exhibiting a CAGR of 6.4% during the forecast period 2021-2031.
Appropriate design and reception of a beverage packing increases the time span of usability of the beverage, is helpful for the clients, and reduces the material expenses with respect to wastage. The usage of various materials is chosen according to the timeframe of usability of the beverage, the compound organization of the beverage and the worth of the beverage that will be packed. The evolving interest for compact easy to carry packs, expansion popular for adaptable sacks and pockets and fuse of dynamic and smart models in beverage packaging speed up the beverage packaging market evolution during 2021-2031.
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Competitive Landscape
Some of the major players in the Beverage Packaging market are Graham Packaging Company., O-I, BALL CORPORATION, Tetra Pak International S.A., Bemis Company, Inc., CAN-PACK S.A., CKS Packaging, Inc., Amcor plc, Crown, AptarGroup, Inc., Ardagh Group S.A., Mondi, Refresco Group, Pacific Can China Holdings Limited, Toko Seikan Group Holding, Stora Enso, Reynolds, Alcoa Corporation, Saint-Gobain Performance Plastics, Sonoco Products Company, and others.
Players in the Beverage Packaging market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Beverage Packaging market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Beverage Packaging market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
Based on material
- Glass
- Plastics
- Metal
- Paperboard
- Other
Based on packaging
- Box
- Bottle
- Cartons
- Cans
- Pouch
- Jars
- Other
Based on application
- Carbonated soft drinks
- Functional drinks
- Juices
- Alcoholic
- Milk
- Water
- Energy drinks
- Other
Users can Expect Following From this Report:
- Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
- COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
- insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
- Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future. The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
- Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.
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- Benefit from the latest market opportunities
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The Beverage Packaging Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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