Press release
Beverage Packaging Market 2020 Business Scenario - Amcor Limited, Bemis Company Inc., Mondi PLC
Beverage Packaging Market
The report presents an in-depth assessment of the Global Beverage Packaging including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Beverage Packaging investments from 2020 till 2024.
The beverage packaging market is expected to grow with a CAGR of 6.20%, over the forecast period 2019-2024.
Click the link to get a Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/08071390688/beverage-packaging-market-growth-trends-and-forecast-2019-2024/inquiry?Source=Openpr&Mode=R15
The Global Beverage Packaging market is highly competitive and consists of a number of major players. Companies, like Amcor Limited, Bemis Company Inc., Mondi PLC, Tetra Laval International SA, RPC Group PLC, Alcoa Inc., Rexam Inc., Sonoco Products Company, Crown Holdings Incorporated, Ardagh Group among others.
Scope of the Report
Beverage manufacturers are focusing on offering a better product with the packaging that is easy-to-handle, eco-friendly, and keeps the product fresh for a long time. Packaging innovation is becoming a norm for beverage companies with smaller package size, situational package types, and multi-packs. Different types of the product depending upon the beverages are packed using various materials.
Latest news and developments:
April 24, 2019: Amcor launches unique, recyclable, high-barrier flexible packaging that can reduce a pack's carbon footprint by up to 64%. Amcor has launched AmLite Ultra Recyclable, its first packaging product made from the company's revolutionary, more sustainable high-barrier polyolefin film that the company announced last year. The new high-barrier laminate can package a range of food, home and personal care, and pharmaceutical products, and be recycled in existing polyolefin recycling streams. AmLite Ultra Recyclable is the latest addition to Amcor's successful AmLite product line, which was first created in 2015 to provide metal-free barrier packaging that significantly reduced the packaging's carbon footprint. This new generation of AmLite adds recyclability to the environmental benefits and is the culmination of several years of research and development (R&D). The film and its application represent another advancement towards Amcor's pledge to develop all its packaging to be recyclable or reusable by 2025.
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Key Market Trends:
Growing Beverage Consumption is Driving the Market
- The beverage industry encompasses drinks, primarily ready-to-drink alcoholic and non-alcoholic beverages. The industry is witnessing a strong growth due to evolving efficient distribution and packaging mechanism, the introduction of new innovative products, and increased consumption frequency and trials, achieved with persuasion from traditional advertising and digital media.
- The market is witnessing new segments, like energy and sports drinks, vitamin water, flavored water, flavored tea and coffee, and vegetable juices, over the years. These new segments are helping to grow the market further, by providing more variants that lead to an increase in consumption.
- Milk, aerated drinks, alcoholic beverages, and juices are the traditional categories that have well-defined consumption, while the new segments, like sports and energy drinks and vitamin water, offer targeted proposition and benefit for specific consumption.
- The distribution systems are evolving, leading to deeper market penetration in a cost-effective way. Installation of automated vending machines, development in robotics, process automation, franchising, and licensing are helping this volume-driven market to attain high volumes, and overall profitability and growth.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/08071390688/beverage-packaging-market-growth-trends-and-forecast-2019-2024?Source=Openpr&Mode=R15
The key insights of the Beverage Packaging Market report:
The report provides key statistics on the market status of the Beverage Packaging market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Beverage Packaging market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2024 market development trends of Beverage Packaging Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Beverage Packaging Industry before evaluating its feasibility.
Finally, Beverage Packaging Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Beverage Packaging industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Latest news and developments:
Bulk Container Packaging Market:
https://www.marketinsightsreports.com/reports/01091745516/bulk-container-packaging-market-growth-trends-and-forecast-2020-2025/inquiry?Source=Openpr&Mode=R15
Flexible Packaging Market:
https://www.marketinsightsreports.com/reports/10091496560/global-flexible-packaging-market-professional-survey-report-2019/inquiry?Source=Openpr&Mode=R15
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Media Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
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