Beverage Packaging Market 2019 Growth Status, Product Type, Trends Factor, Industry Size, Share, By 2025

Based on product type the Beverage Packaging Market is segmented into can, pouch, carton, bottle & jars and others. Glass is the major beverage packing material and these are used in form of jars and bottles. Their major application is in alcoholic beverages and some application is also observed in milk, milkshakes, juices, and others. The glass-related packaging products are easy to use as they can be cleaned easily and have an excellent aesthetic look, due to all these factors glass-based beverage packaging market adoption is increasing. Cartons will also show a decent growth rate as these are used for preserving beverages for longer shelf life. Cartons are made up of a thin layer of paperboard, plastic, and aluminum. Increasing cattle inventory and consumption of dairy products in countries such as India will escalate the demand of cartons as these are used for packaging milk. These are also used in packaging juices as they help in conserving them for longer period reducing the number of preservatives to be added in them.

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Beverage Packaging Market, By Material, 2014-2025 (USD Million)
1. Plastic
2. Glass
3. Metal
4. Others
Market, By Product, 2014-2025 (USD Million)
1. Can
2. Bottle & jars
3. Pouch
4. Carton
5. Others
Beverage Packaging Market, By Application, 2014-2025 (USD Million)
1. Alcoholic
2. Non-alcoholic

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In terms of application, the beverage packaging market is segmented into alcoholic and non-alcoholic beverages. Alcoholic beverages include whiskey, rum, beer, vodka, and other spirits. The packaging of non-alcoholic beverages should be such that it will help increase the shelf life of the product. Changing customer preferences has forced manufacturers to provide sustainable solutions hence, the usage of lightweight, recyclable and reusable packaging products is increasing all across the globe.

Beverage packaging products are made from various materials and the major ones are plastic, glass, metal, and others. The others include pallet plastics films, wooden containers, etc. Glass is the major beverage packaging material. This is used for making bottles, glass for both alcoholic and non-alcoholic beverages. Plastic also holds a significant share in the beverage packaging market as these are used for majorly consumed carbonated drinks and water. Although rising environmental concerns have increased the demand for eco-friendly plastics and manufacturers is majorly shifting towards providing such solutions.

Asia Pacific is expected to hold a considerable share in the overall beverage packaging market. The demand of beverage bottles made from plastics such as PET is expected to remain high in the region, owing to thriving end-user industries such as bottled water, ready to drink (RTD) juices, etc. coupled with its low cost. North America is expected to show a robust growth rate over the forecast period sue to the extensive presence of major beverage leaders such as Coca Cola, PepsiCo, Kraft Heinz Co., etc. in the region.

Some of the prominent players in beverage packaging market are Sonoco Products Company, Amcor Ltd., Alcoa Corporation, Mondi PLC., Bemis Company, Inc., Reynolds Group, Tetra Laval International, Crown Holdings, Ball Corporation, etc.

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Methodology used in the Report –
Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the beverage packaging market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.

Primary objectives of data mining include:
1. Definition and scope of research
2. Market dynamics, growth drivers and industry pitfalls
3. Regulatory and political guidelines for the beverage packaging market
4. Demographics and statistical data

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