Beverage Packaging Market Key Players, SWOT Analysis, Dynamics, Impacts of COVID-19 - 2026| By Share, Growth

The beverage packaging utilized for alcoholic and non-alcoholic beverages are glass, metal, plastic, paperboard along with their combinations. The chemical composition of the beverage also helps in determining the type of packaging to be used. .The increased adoption of automation and internet of things (IoT) in beverage packaging has propelled the manufacturing capacities of major players. With the help of automation, packaging manufacturers are now able to maintain product qualities while also reducing the production time. Also, the constant research in the beverage packaging industry is boosting the growth of the market significantly.

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. In 2018, Asia-Pacific dominated the market, in terms of revenue, accounting for over 39.4% share of the global beverage packaging market.

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Leading Players:

The major players operating in the beverage packaging industry include 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, and Tetra Laval International S.A.

Key Market Segments:

By Packaging Material

Glass
Metal
Plastic
Paperboard
By Beverage Type

Alcoholic Beverage
Non-Alcoholic Beverage
By Packaging Type

Bottles
Cans
Carton
Others (Pouches and Bag-in-Box)

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Growth Factors:

The growing environmental problems due to plastic pollution has made it necessary to find alternatives for beverage packaging. In this context, the technological advancements in bio-plastics is projected to create growth opportunities for the market during the forecast period. Moreover, as per the beverage packaging market trends, the replacement of virgin plastic with recycled plastic or rPET is expected to create better opportunities for the beverage packaging companies to curb plastic pollution in the near future.

Key Findings of the Beverage Packaging Market :

By beverage type, the non-alcoholic segment dominated the global beverage packaging market in 2018, in terms of revenue.

By packaging material, the plastic segment is expected to be the largest production material employed by the beverage packaging market players globally.

By packaging type, the bottles segment dominated the non-alcoholic beverages sector, in terms of usage.

By region, Asia-Pacific is projected to be one of the most dominant regions and is expected to witness a high growth rate during the forecast period.

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