Press release
Beer Packaging Market Growing Demand and Manufacturing Analysis 2021 to 2026
Global Beer Packaging Market 2021-2026 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Beer Packaging Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Beer Packaging Market all told its geographical and merchandise segments.The beer packaging market is expected to register a CAGR of 3.6% during the forecast period, 2021-2026.
The Global Beer Packaging Market is highly competitive and consists of a number of major players. Companies like Amcor Limited, Ardagh Group SA, Crown Holdings Incorporated, Ball Corporation, Westrock Company, Tetra Laval International SA, Carlsberg Group, Allied Glass Containers Limited, Plastipak Holdings Inc., Nampack Ltd, Smurfit Kappa Group PLC among others.
Key Developments:
- Apr 2018 - Crown Holdings Inc. completed its previously announced acquisition of Signode Industrial Group Holdings (Bermuda) Ltd, a leading global provider of transit packaging systems and solutions, from The Carlyle Group.
- Sep 2018 - Carlsberg announced the launch of its new Snap Pack, which is set to reduce plastic waste globally by more than 1,200 metric ton a year, that is equivalent to 60 million plastic bags. The Snap Pack replaces the plastic wrapping used around Carlsbergs six packs with a pioneering technology that glues its cans together
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Scope of the Report:
- The beer packaging industry has a direct relation with the beer manufacturing industry. During the past decade, due to the changing lifestyle trends and increasing affordability of beer across the globe, beer packaging has gained significant traction.
- The demand for various sizes of beer and its benefits, like one-time consumption, have made beer a preferred option for a wide range of consumers, thereby, driving the growth of the beer industry that drives the packaging market as well.
- With the growing consumption of craft beer across various regions, the beer packaging market is also witnessing a positive growth. Consumers increasingly prefer craft beer brewed by both small and big breweries.
Key Market trends:
Glass Packaging is Expected to Hold the Largest Market Share
- Advantages, like reusability and the ability to keep beer fresh for a longer period of time as compared to other alternative packaging materials, the glass packaging method is estimated to hold the highest share in the beer packaging market.
- The returnable glass used for packing beer prevents light from entering the bottle and the beer from being skunked, making it a viable packaging option for companies. Moreover, glass adds an authentic look to the packaging and satisfies various consumer preferences.
- Glass has a zero rate of chemical interactions with products, which reduces the risk of spoilage. Taking the benefits into consideration, glass is estimated to hold the highest share over the forecast period.
- Furthermore, an amber glass beer bottle provides 99.9% protection from ultraviolet (UV) rays. Additionally, glass is a good insulator and it keeps beer colder much longer than any other type of single-use packaging.
- With the increasing beer production in various regions, the packaging market may also witness an increasing demand. Hence, it is driving the beer packaging market forward.
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The key insights of the Beer Packaging Market report:
The report provides key statistics on the Market Status of the Beer 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 Beer Packaging Market report presents the company profile, product specifications, capacity, production value, and 2015-2021 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 2021-2026 Market development trends of Beer 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 Beer Packaging Industry before evaluating its feasibility.
Finally, Beer 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. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Key points in this report:
– The Market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
Market InsightsReports provides syndicated Market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market InsightsReports 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.
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