openPR Logo
Press release

Beverage Packaging Market Expected to Grow at a CAGR of 3.3% During 2015 - 2025

07-29-2017 08:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Beverage Packaging Market Expected to Grow at a CAGR of 3.3%

The global beverage packaging market is expected to be worth nearly US$ 200 billion in 2017, up from US$ 186 billion in 2015. Demand will be sustained by increasing consumption of packed food and beverages and increase in the number of one-person households in key markets. Advances in packaging technology will continue to shape up the global market, with intelligent packaging expected to gain traction.

Plastics to Account for Over 50% Revenue Share

Beverage packaging manufacturers will continue to rely on plastic for bulk of production, with glass, metal, and paperboard among other key raw materials. Overall, plastics will account for over 50% revenue share by raw material type, with metal a distant second at approximately 24% market share. Benefits of plastic packaging, such as low production costs, easy transportation, and lower weight will continue to make it a preferred raw material for manufacturers. PET, polystyrene, and polypropylene will remain the highest-selling plastics in the beverage packaging market—collectively, they are expected to account for US$ 52.64 billion in revenues in 2017.

Asia Pacific excluding Japan (APEJ) Largest Market

Asia Pacific (excluding Japan) will continue to be the largest market for beverage packaging in 2017. Increasing demand for packed food products will continue to fuel market revenues in the region. The APEJ beverage packaging market is expected to surpass US$ 50 billion in revenues by 2017 and continue to be the largest market for beverage packaging globally.

Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-196

North America and Western Europe – the other leading markets for beverage packaging – will continue to post moderate gains. Adoption of advanced packaging technology will witness higher growth in these two regions vis-à-vis APEJ. Collectively, North America and Western Europe will account for nearly half of global beverage packaging market revenues in 2017.

CSD/soda manufacturers will remain the largest application segments in the global beverage packaging market, followed by dairy and juice/soft drinks. Demand for beverage packaging from CSD/soda segment is anticipated to be worth US$ 58 billion in 2017, up from nearly US$ 55 billion in 2015. Plastics will remain the largest product type for CSD/soda, followed by cans and glass bottles.

Vendor Insights

Leading players in the global packaging market are focusing on creating functional and sustainable packaging that caters to the swiftly changing needs of consumers. Increasing investment in R&D to develop next-generation packaging solutions and strengthening of distribution networks in emerging nations remain key strategic endeavours of beverage packaging brands. The key players profiled in the report include Ampac Holdings, LLC, Amcor Limited, Alcoa Inc., Ball Corporation, Crown Holdings, Inc., Owens-Illinois, Inc., Rexam PLC, Reynolds Group Holdings Limited, SIG Combibloc, Ardagh Group S.A., Tetra Laval International S.A. and Compagnie de Saint-Gobain.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-196

Long-term Outlook: During the forecast period, 2015-2025, the global beverage packaging market is expected to grow at 3.3% CAGR through 2025, totalling US$ 257.5 billion in revenues. Asia Pacific excluding Japan (APEJ) will remain the largest market for beverage packaging throughout the forecast period 2015-2025.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Beverage Packaging Market Expected to Grow at a CAGR of 3.3% During 2015 - 2025 here

News-ID: 647339 • Views: 664

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Beverage

Instant Beverage Premixes Market
https://www.qandqmarketresearch.com/reports/7293858/instant-beverage-premixes-market-62 Instant beverage premixes are prepared drinks, which boost metabolism, enhance functionality, and provide healthy hydration. Instant beverage premix market analysis is primarily split into different type including instant coffee, instant tea, instant milk and instant health drinks and soups. In 2017, the global Instant Beverage Premixes market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of
Beverage Dispensers Global Market Intelligence (2012-2022)
Boston, MA ReportsWorldwide has announced the addition of a new report title Beverage Dispensers Global Market Intelligence (2012-2022) to its growing collection of premium market research reports. The report “Beverage Dispensers Global Market Intelligence (2012-2022)” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1. comprehensive global market
Kefir Flourishing in Fermented Dairy Beverage Market
Market Insights Originally a Russian fermented milk probiotic drink, kefir is gaining popularity as it offers functional benefits. The global kefir market is expected to grow at a CAGR of 5.8% during the period 2016-2021 to reach USD 1,271 million. Boosted by the popularity of kefir, the market leader Lifeway Food Inc. launched a series of products ranging from flavored kefir and Greek-style kefir to organic kefir. The company children-specific kefir
Global Herbal Beverage Sales Market Report 2017
This report studies sales (consumption) of Herbal Beverage in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Coca-Cola PepsiCo Nestle Suntory Danone Dr Pepper Snapple Red Bull Asahi Soft Drinks Kirin Otsuka Holdings Unilever Group Ting Hsin International Group Hangzhou Wahaha Group Nongfu Spring Uni-President Enterprises Jiaduobao Group Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=809636&ptitle=Global+Herbal+Beverage+Sales+Market+Report+2017&req=Sample Market Segment by Regions, this report splits Global into several key Regions,
Beverage Dispensers: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Beverage Dispensers: Global Market Intelligence to its growing collection of premium market research reports. The report “Beverage Dispensers: Global Market Intelligence (2011-2020)” provides market intelligence on the different market segments, based on type, function, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through
Japan Instant Beverage Premix Market Report 2016
This report studies sales (consumption) of Instant Beverage Premix in Japan market, focuses on the top players, with sales, price, revenue and market share for each player, covering Ajinomoto General Foods Inc Monster Beverage Company PepsiCo Inc. The Coca-Cola Company Starbucks Corporation Suntory Beverage & Food Limited Dunkin’ Brands Group, Inc The Republic of Tea, Inc Keurig Green Mountain, Inc. Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=731582&ptitle=Japan+Instant+Beverage+Premix+Market+Report+2016&req=Sample Split by product types, with sales, revenue, price, market share and growth rate of each type,