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Beverage Container Market Size, Status and Future Outlook 2025 | Gerresheimer AG, Vidrala SA, Owens Illinois Inc

07-14-2021 12:42 PM CET | Associations & Organizations

Press release from: Market Insights Reports

The Beverage Container market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a 360-degree research study on the global Beverage Container market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Beverage containers from 2021 till 2026.

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The beverage container market was valued at USD 204.02 billion in 2019 and is expected to reach USD 283.98 billion by 2025, at a CAGR of 5.08% over the forecast period 2020 - 2025. The growth of this market is fueled by increasing applications, technological advancements, and the growing demand in developing regions, such as the Asia-Pacific and Latin America. This growth can be attributed to rising disposable incomes, growing population, and increasing dependence on the consumption of beverages.

- The rising trend for the reusability of beverage bottles and containers is termed as e-commerce. Re- commerce has enabled packaging players to supply their products in glass bottles. This is expected to bolster the adoption of reusable beverage bottles and containers over the forecast period. For instance, in January 2019, the launch of Loop, a durable packaging initiative run by New Jersey-based recycling company, TerraCycle, that debuted at the World Economic Forum, allows the use of steel, glass, and durable plastic reusable packaging for everyday items. The initiative enables the user to order products made by the participating companies, which are delivered in special reusable packaging, with manufacturers redesigning product containers for some of their most popular products.

Top leading Manufacturers Profiled in Beverage Container Market Report are: Ardagh Group, Piramal Glass Private Limited(Piramal Group), Gerresheimer AG, Vidrala SA, Owens Illinois Inc., Vetropack Holding AG, Company Profiles - Plastic Packaging, Alpha Packaging Inc., Amcor PLC, Consolidated Container Company LLC, Berry Global Inc., Comar, LLC, CKS Packaging Inc.

Regional Analysis for Beverage Container Market:

For a comprehensive understanding of market dynamics, the global Beverage Container market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

North America to Hold Maximum Market Share

- The packaging is the most critical factor that plays an essential role in the widespread consumption of beverages around the world. The strong demand for sustainable and convenient packaging solutions will drive the demand for beverage containers in North America. According to the Association for Packaging and Processing Technologies (PMMI) 2018 Beverage Report, the North American beverage industry is expected to register a growth of 4.5% during the period 2018-2028.

- Moreover, companies are adopting innovative packaging solutions for beverages to provide shelf appeal and differentiation. A useful package and label highlight the unique selling proposition, showcasing everything that sets the product apart. For instance, in 2019, Australia- based The a2 Milk Company expanded its presence in the United States, with its line of a2 Milk delivered in gable-top cartons from Evergreen Packaging LLC (a US-based company). These cartons use color graphics to differentiate milk varieties. Graphics on the packaging also describe the a2 Milk difference.

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- In February 2020 - Amcor announced its latest and custom designs at the Wine. The company also announced a collaboration with Garc_on Wines, a British start-up. Through this collaboration, Amcor will produce flat wine bottles made with post-consumer recycled (PCR) PET plastic in the United States.

- In January 2020 - Ardagh Group, Glass - North America, a business unit of the Ardagh Group SA and the largest domestic manufacturer of glass bottles for the US wine market, introduced six new sophisticated glass wine bottle designs.

What is the Impact of Covid-19 Outbreak on the Beverage Container?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Beverage Container.
- Beverage Container Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the Beverage Container market:

- What are the recent developments and government policies?
- What are the top trends in the Beverage Container market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Beverage Container market?
- Which region would offer high growth for vendors in the market?

Purchase this Report at-

https://www.marketinsightsreports.com/report/purchase/10192355757?mode=su?Mode=S21

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

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.

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