Synopsis of Beverage Packaging Market
Market Research Future published a Half Cooked Research Report on Beverage Packaging Market. The Global Beverage Packaging Market is expected to cross USD 150 billion by 2022 growing at a CAGR of 4% during the period 2016 to 2022.
Key Players in Market
The key players of Global Beverage Packaging Market report include
- Saint-Gobain S.A.
- Tetra Laval International S.A.
- Owens-Illinois Inc.
- Crown Holdings Inc.
- Rexam PLC, Ball Corporation
- Mondi PLC, Amcor Limited
- Reynolds Group Holdings Limited
- Alcoa Inc.
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Market Highlights and Overview:
Packaging plays an important role in beverage packaging. The packaging of beverages both carbonated and non-carbonated, is a complex technological branch in the packaging industry. The key drivers for the growth of beverage packaging market is rising the popularity of beers and alcoholic beverage in APAC region which has helped to flourish the markets for the same in the region.
Consumers are becoming increasingly health conscious and prefer beverages with certain health benefits. There is seen increasing awareness among the people for such beverages. This proves as an important driver which fuels the market. The packaging can eliminate product deterioration, retain the beneficial effects of processing, extend shelf-life, and maintain or increase the quality and safety of food which increase its popularity.
Access the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report “Global Beverage Packaging Market”
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Scope of the Report
This study provides an overview of the global beverage packaging market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Beverage packaging market as Packaging Type, Materials, and Products
- By Packaging Type
- By Materials
- By Product
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Market Research Analysis
The market is highly application based. The factors contributing to the growth of the beverage packaging market are continuously growing food & beverage industry, organized retail sector, increasing health consciousness, and rising disposable income. Different types of materials are used in beverage packaging but plastic is fastest growing beverage packaging material. This is mainly due to reduced weight, speeds up transportation and reduced packaging cost. On the basis of region, North America is the largest market by value and volume both. The market is expected to have higher growth rate as compared to the previous years. North America is the largest region for the beverage packaging market.
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