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Beverage Containers Market Top Key Player: Amcor Limited, Liqui-Box, BALL CORPORATION, Ardagh Group S.A., Toyo Seikan Group Holdings, Ltd., O-I, Silgan Holdings Inc., Sonoco Products Company, Mondi, Alcoa Corporation

Beverage Containers Market

Beverage Containers Market

The Global Beverage Containers Market research report assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. This market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. It shows that the rise in market value is generally attributed to the rising growth of the applicable industries and the subsequent rise in demand of applications. Businesses can attain knowledge about complete background analysis of the Materials & Packaging industry which includes an assessment of the parental market.

Global Beverage Containers Market is expected to rise from its initial estimated value of USD 58.64 billion in 2018 to an estimated value of USD 73.54 billion by 2026, registering a CAGR of 2.87% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing need and adoption of bioplastics and preference of sustainable methods of packaging.

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Market Definition: Global Beverage Containers Market

Beverage containers are a type of packaging product which is produced to keep the contents of the package protected and reduce the risks of contamination from external factors. They are available in different shapes and sizes depending on the need of the beverage along with the need of materials for it. These packaging solutions provide branding and content information for the product and promote the appeal of the package.

Market Drivers:

• Increasing demand for single use beverages containers and packaging offerings which is expected to drive the market growth

• Innovations in the market resulting in advanced product offerings along with focused and strategic marketing initiatives undertaken by the manufacturers of beverages; this factor is expected to drive the market growth

Market Restraint:

• Lack of recycling capabilities of plastics used in major products for beverage containers amid growing concerns for plastics waste globally is expected to restrain the market growth

Segmentation: Global Beverage Containers Market

By Material Type

o Plastics
o Paper & Paperboard
o Glass
o Metals

By Product Type

o Bottles
o Cartons
o Cans
o Bag-In-Boxes
o Jars
o Pouches
o Others

By Application

o Alcoholic Beverages

 Beer
 Wine
 Spirits
 Others

o Non-Alcoholic Beverages

 Carbonated Soft Drinks
 Bottled Water
 Dairy
 Juices
 Sports Drinks
 Enhanced Water
 Others

By Geography

o North America

 US
 Canada
 Mexico

o South America

 Brazil
 Argentina
 Rest of South America

o Europe

 Germany
 United Kingdom
 Italy
 France
 Spain
 Russia
 Turkey
 Belgium
 Netherlands
 Switzerland
 Rest of Europe

o Asia-Pacific

 Japan
 China
 South Korea
 India
 Australia
 Singapore
 Thailand
 Malaysia
 Indonesia
 Philippines
 Rest of Asia Pacific

o Middle East & Africa

 South Africa
 Egypt
 Saudi Arabia
 United Arab Emirates
 Israel
 Rest of Middle East & Africa

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Key Developments in the Market:

• In December 2018, Sonoco Products Company announced that they had completed the acquisition of Clear Pack Company, which will significantly improve the product offerings of Sonoco for plastics packaging products and solutions for the food, beverages, chemicals, and personal care products

• In November 2018, CCC Packaging announced that their subsidiary Reid Canada, Inc. had taken over Polybottle Group Limited and Humberline Packaging Inc., which will help them expand their business operations in Canada along with the introduction of Dura-Lite family of bottles product offerings

Competitive Analysis: Global Beverage Containers Market

Global beverage containers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of beverage containers market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Beverage Containers Market

Few of the major competitors currently working in the beverage containers market are Amcor Limited; Liqui-Box; BALL CORPORATION; Ardagh Group S.A.; Toyo Seikan Group Holdings, Ltd.; O-I; Silgan Holdings Inc.; Sonoco Products Company; Mondi; Alcoa Corporation; Reynolds; Crown; Tetra Laval International S.A.; Stora Enso; ProAmpac; CCL Industries; Berry Global Inc.; CKS Packaging, Inc.; CCC Packaging; Evergreen Packaging LLC; Berlin Packaging; Graham Packaging Company and Aditya Birla Management Corporation Pvt. Ltd.

Key Insights in the report:

• Complete market analysis and forecasting
• Market definition, understanding the concept of beverage containers
• Market drivers and restraints of the industry
• Market segmentations and market share divided amongst them
• Key players in the market and their analysis

Want Full Report? Enquire Here @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-beverage-containers-market

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.

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