Beverage Packaging Market Outlook after Covid-19 | Amcor plc, Ball Corporation, Crown Holdings, Inc

The global beverage packaging market size is expected to reach $133.3 billion in 2026, from $86.1 billion in 2018, growing at a CAGR of 5.6% from 2019 to 2026.

The packaging of beverages is a complex process and the diversification of beverages such as alcoholic or non-alcoholic, requires different materials and containers. The beverage packaging can be manufactured using glass, metal, plastic, paperboard and their combinations to preserve the beverage before it reaches the customer. However, the analysis of the beverage type is necessary to determine the material of packaging, which in turn, enhances and preserves the quality of the beverage and assists in increasing its shelf life. The beverages are majorly classified as alcoholic and non-alcoholic, wherein the products are largely diversified according to their chemical constitutions.

The constant product developments enable the manufacturers to produce more convenient packaging, which provides ease of handling to the customers and also helps them manufacture light weight products. This attracts the customers and boosts the overall sales of the beverage, thereby, driving the market of beverage packaging. Moreover, the increased consumption of bottled water, owing to the declining standards of tap water for drinking, is propelling the market growth of beverage packaging industry as well.

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For estimating the market size, an ideal mixture of top-down and bottom-up approaches were employed. The top-down approach was used for analyzing penetration level and for new product forecasting. It included the use of several penetration models, regression multi-variate analysis for forecasting, and exhaustive use of public and paid databases. In addition, the bottom-up approach included demand evaluation of each product across regions and countries and summed to form the global market. The demand evaluation was performed by using variable analysis for forecasting, analyzing paid databases, and conducting primary interviews for data revaluation.

Competitive Landscape:

Geographically, global beverage packaging market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer. The competitive analysis of leading market players is another notable feature of the beverage packaging market report; it identifies direct or indirect competitors in the market. The report offers company profile of market players alongside product picture and it’s specifications, beverage packaging market plans, and technology adopted by them, future development plans. In addition, strength and weaknesses analysis of Beverage Packaging Market competitive firms gives competitive advantages so that the efficiency and the productivity of companies are improved.

Key Players:
Amcor plc - Ball Corporation - Crown Holdings, Inc - Mondi plc - Orora Limited - Reynolds Group Holdings Limited - SIG Combibloc Group AG - Smurfit Kappa Group plc - Stora Enso Oyj - Tetra Laval International S.A

Market Segmentation:

The segmentation is used to decide the target market into smaller sections or segments like product type, application, and geographical regions to optimize marketing strategies, advertising technique and global as well as regional sales efforts of Beverage Packaging Market. The common characters are also being considered for segmentation such as global market share, common interests, worldwide demand and supply of Access Control devices. Moreover, the report compares the production value and growth rate of Beverage Packaging Market across different geographies.

Geographical Analysis:

Beverage Packaging Market Segment by Regions Consists:

• North America (U.S. and Canada)
• Europe (UK, Germany, France, Russia, Italy and Rest of Europe)
• Asia-Pacific (China, Japan, India, Korea, and Rest of Asia-Pacific)
• South America (Brazil, Argentina, Mexico, and Rest of South America)
• The Middle East and Africa (GCC Countries, Egypt, South Africa, and Rest of MEA)

Key Questions Addressed in the Report

• Who are the top 10 players operating in the Beverage Packaging Market?
• What are the driving factors, restraints, opportunities, and challenges in the Beverage Packaging Market?
• What are the current scenario and industry trends in the Beverage Packaging Market?
• Which industry and technology can be a potential revenue pocket for market players in the next five years?
• Who are the visionary leaders, dynamic differentiators, innovators, and emerging players and what are the key strategies adopted by them to strengthen their positions?
• What are the beverage packaging market opportunities and threats faced by the vendors in the beverage packaging market?
• What are the beverage packaging market challenges to market growth?

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