The market for beverage packaging is directly proportional to increasing demand from beverage manufacturing industry. The consumption of beverage is on the rise across all the developing economies. Consumers are looking for convenient packaging solutions, leading to companies focus on innovation. Moreover, stringent government regulation for environmental safety has put barriers on the production and disposal of synthetic polymers like plastic. Beverage Packaging market is being driven by factors like, changing consumer buying behavior and the need for longer shelf life of the products. However, it is expected that government and industry regulations in some countries will pull back the market growth. Due to rising concerns about environmental sustainability, certain synthetic materials are banned, putting cost pressures on the packaging solution manufacturers.
Global Beverage Packaging Market was valued at US$147.54 Billion in 2015 and is estimated to reach US$188.31 Billion by 2020, at a CAGR of 5% during the forecast period 2015 - 2020.
The market for Global Beverage Packaging Market is segmented on the basis of type (Glass, Paper, Metal, Plastic and Others), by products (Cans, Bottles, Pouches, Boxes and Others), by beverage type (Milk, Water, Juices, Energy Beverages, Alcoholic Beverages and Others) and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Some of the vendors that are included in the report are Amcor, Bemis, Mondi Group, Tetra Laval, RPC Group, Saint Gobain, WestPack, Reynolds Group Holdings, Rexam PLC, Graham Packaging, Toyo Seikan, Sonoco Products Company, Ardagh Group, Crown Holdings and Alcoa.
What the report offers
Market Definition for Global Beverage Packaging Market along with identification of key drivers and restraints for the market.
Market analysis for the Global Beverage Packaging Market with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the Global Beverage Packaging Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.