The global beverage packaging market is projected to grow at a CAGR of 5.7% over the forecast period. The key factors that influence the growth of the global beverage packaging market include the surging demand for convenience as well as sustainable packaging solutions amongst the consumers. Continuous changes in the consumer’s preferences encourage the beverage packaging manufacturers to develop innovative and advanced packaging that not only attracts the customer but also keeps the product safe from contamination. Advanced packaging solutions enhance the strength, provides better insulation from heat, provides aroma preservation, and a strong barrier against the moisture.
Further, with the increasing population of millennials and on the go consumers, there has been a substantial rise in the adoption of packaged food and beverage items. Apart from this, the key manufacturers are also developing active and intelligent packaging solutions. There has also been an upsurge in the demand for small packages such as cans and pouches owing to the easy handling. Besides, the incline towards the premium packaged products supported by the rising disposable incomes is also positively affecting the growth of the global beverage packaging market.
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Market Coverage
- The market numbers available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered- By Material, By Product, By Beverage
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Ball Corp., Berry Global, Inc., Mondi Group Plc, Smurfit Kappa Group, Sonoco Products Co., and Stora Enso Oyj
Beverage Packaging Market – Segmentation
By Material
- Glass
- Plastic
- Paper
- Metal
By Product
- Bottles & Jars
- Cans
- Pouches
- Cartons
- Others
By Beverage
- Non-Alcoholic Beverages
- Alcoholic Beverages
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Beverage Packaging Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Amcor Plc
- Ardagh Group SA
- Ball Corp.
- Beatson Clark
- Berry Global, Inc.
- CANPACK Group
- Crown Holdings Inc.
- Gerresheimer AG
- IntraPac International LLC
- Mondi Group Plc
- Nampak Ltd.
- Orora Packaging Australia Pty Ltd
- Owens-Illinois, Inc.
- Reynolds Group Holdings Ltd.
- Silgan Containers LLC
- Smurfit Kappa Group
- Sonoco Products Co.
- Stora Enso Oyj
- Tetra Pak International SA
- Toyo Seikan Group Holdings, Ltd.
- Vidrala SA
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