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Beverage Packaging Market by Packaging, Material Type, Global trends, Industry Share Forecast, Global Trends and Major Players (Ardagh Group S.A., Verallia SA, Tetra Pak Group, Ball Corporation) | 2022 to 2029
Based on previous market performance, the Beverage Packaging market is expected to reach USD 220 billion in size by 2028. With a 5.5% CAGR.Beverage Packaging Market Overview:
The beverage industry is one among the front-liners where massive investments are being made for expansion and technological upgradation. The packaging of beverages both carbonated and non-carbonated, is a complex technological branch in the Food Processing /Packaging industry.
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The increasing use of lightweight and low-cost materials in the sector is propelling this market forward. Bottled water, beer, coffee, soft drinks, dairy products, energy drinks, juice, sports drinks, tea, and wine & spirits are all examples of beverage packaging. Beverage packaging comes in a variety of shapes, depending on the needs and applications of the customer.
Based on our expert's analysis the players that are leading the market includes: Amcor Group GmbH (Switzerland), O-I Glass, Inc. (US), Crown Holdings, Inc (US), Ardagh Group S.A. (Ireland), Verallia SA (France), Tetra Pak Group (Switzerland), Ball Corporation (US), Toyo Seikan Group Holdings, Ltd. (Japan), and CPMC Holdings Limited (China). and Others.
The whole market is segmented as follows:
Beverage Packaging Market By Packaging Type, 2019-2028, (IN USD Million)
Bottle
Can
Carton
Pouch
Other Packaging Type
Beverage Packaging Market By Material Type, 2019-2028, (IN USD Million)
Metal
Plastic
Glass
Paper & Paperboard
Other Material Type
Beverage Packaging Market By Beverage Packaging, 2019-2028, (IN USD Million)
Non-Alcoholic Beverages
Alcoholic Beverages
Dairy Beverages
Industry Developments
In December 2020 - Moldovan Glassworks has been acquired by Vetropack Holding Ltd. This would aid the corporation in bolstering its European market position.
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Beverage Packaging Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Beverage Packaging Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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