According to Stratistics MRC, the Global Beverage Packaging Market is accounted for $141.05 billion in 2020 and is expected to reach $242.35 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Factors such as increase in per capita incomes and rising beverage consumption in emerging economies are driving the growth of the market. However, stringent environmental legislations are hampering the growth of the market.
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Based on the material, the metal segment is anticipated to expand at a rapid pace during the forecast period owing to the resilience and convenience offered by metal packaging. By geography, Asia Pacific is going to have high growth during the forecast period due to the rise in population, high industrial growth, and urbanization in the region.
Some of the key players profiled in the Beverage Packaging Market include Mondi PLC, Amcor Limited, Tetra Laval International SA, Sonoco Products Company, Berry Global Inc, Crown Holdings Inc, Ball Corporation, RPC Group PLC, Owens-Illinois Inc, Vetropack Holding Ltd, Ardagh Group, CCL Container Inc, Vidrala SA, Silgan Containers LLC, and Verallia SA.
Materials Covered:
• Metal
• Glass
• Paper & Paperboard
• Plastic
Types Covered:
• Flexible Packaging
• Semi-Rigid Packaging
• Rigid Packaging
Products Covered:
• Bottles
• Carton
• Pouch
• Beer Kegs
• Jars
• Can
• Caps & Closures
• Bulk & Draught Packaging
Applications Covered:
• Alcoholic Beverages
• Non-Alcoholic Beverages
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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