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Soft Drinks Packaging Market 2021 : Future Growth Prospect, Industry Share And Growing Demand Analysis Till 2026

12-15-2021 10:10 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Soft Drinks Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Soft Drinks Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Soft Drinks Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Soft Drinks Packaging market.

The soft drinks packaging market has registered a CAGR of 3.96% over the forecast period 2021 - 2026. 

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Top Leading Companies of Soft Drinks Packaging Market are - Amcor PLC, Toyo Seikan Group Holdings Ltd, Graham Packaging Company, Ball Corporation, Owens-Illinois Inc., Pacific Can China Holdings Limited, Crown Holdings Incorporated, CAN-PACK SA, CKS Packaging Inc., Refresco Group NV, Tetra Pak Inc., Ardagh Group SA and others.

Industry News and Updates:

- Mar 2020 - CanPack announced the capacity expansion in Colombia and Russia, two growing markets, by more than one billion cans annually. The new expansion comes as beverage companies in Colombia and Russia seek additional capacity for their products, an increase that is driven by both a focus on environmental sustainability, as well as a growth in sales.

- Mar 2019 - Amcor Limited acquired its rival Bemis Company Inc. By combining these two market leaders, Amcor aims to create a stronger value proposition for shareholders, customers, employees, and the environment.

Key Market Trends:

Plastic to Account for the Largest Market Share

- Consumer preference for plastic packaging in the soft drinks industry has been observed over other products, as plastic packages are lightweight and more comfortable to handle. Also, the major manufacturers prefer to use plastic packaging solutions, as the cost of production is significantly lower.
- However, the market is expected to face challenges due to government regulations and consumer demand pushing manufacturers to look for packaging solutions that are biodegradable or derived from sustainable sources.

Segment by Type:

Plastic

Glass

Paperboard

Metal

Others

Segment by Application:

Carbonated Soft Drinks (CSDs)

Functional Drinks

Juices

Others

Regional Analysis:

Asia-Pacific to Witness Fastest Growth

- Asia-Pacific is a region with a huge customer base and several fast-growing economies. However, packaging preferences differ considerably from region to region, thus, adopting region and application-specific strategies is expected to result in better product movement. Moreover, manufacturers are actively adopting sustainable packaging practices due to the increased pressure from consumer groups, government, and customers.
- Japanese consumers have the highest per capita spending power in Asia. This, combined with the growing size of its aging population and the new functional food labeling system, has created an opportunity for premium functional soft drinks products, particularly those with health claims targeting an older demographic.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Soft Drinks Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Soft Drinks Packaging Market (%),2016 - 2026
- Soft Drinks Packaging Market Share, By Brand
- Soft Drinks Packaging Market Share, By Company
- Soft Drinks Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Soft Drinks Packaging Market Value Analysis & Forecast
- Promising Soft Drinks Packaging Development by Major Companies
- Detailed Soft Drinks Packaging Portfolio of the Major Companies
- Major Deals in the Soft Drinks Packaging Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082591954/soft-drinks-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

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:

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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