Beverage Packaging Market In-depth Insights by 2030 Business Strategies and Huge Demand by 2030.


The Beverage Packaging Market is valued at around USD 104.8 billion in 2022 and is expected to reach USD 156.7 billion by 2030, registering a CAGR of 4.1% over the forecast period.

beverages

Beverage Packaging Market

The beverage packaging industry is expanding swiftly as a result of the high demand from customers for packaging solutions that are lightweight, useful, and environmentally friendly. Packaging plays a critical role in consumers' decision-making. Because it safeguards the product during primary and secondary packaging, distribution, handling, and transportation, using effective packaging is crucial in the beverage sector. The product's quality, freshness, flavour, and appearance are also maintained. It also helps with traceability and reduces the dangers connected with food recalls. Therefore, during the course of the forecast period of 2021–2031, all these factors are anticipated to strengthen the growth prospects of the worldwide beverage packaging market.

Beverages come in many various forms, including those for mineral water, wine, coffee, fizzy drinks, milk products, and other things. Depending on the needs and goals of the client, beverages can be packed in a number of different ways. Plastic, glass, and metal are often used in the beverage packaging industry. Due to their growing awareness of health and cleanliness, consumers now prioritise safety and dependability in packaging more than ever.

In the beverage industry, the packaging is just as important as the product itself. More than just protecting or extending the shelf life of the product, packaging serves other functions as well. By promoting the brand's image, including its commitment to the environment, and using cutting-edge creative techniques, it also serves to catch the attention of customers. Manufacturers have created digital printing specifically for beverage packaging.

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The stakeholders and CXOs can use the study by Transparency Market Research on the global beverage packaging market as a reference. The study includes in-depth information on a wide range of topics, including competitive insights, regional aspects, current trends, significant events, threats, and opportunities. The research also includes details on the overall impact of the COVID-19 epidemic on the market for beverage packaging around the world. The stakeholders can now make informed judgments about their businesses based on this information's clarity regarding the current state of the beverage packaging market.

The Beverage Packaging Market – Segmentation

The Beverage Packaging Market fragrance concentrates market has been sub-classified packaging material, beverage type, packaging type.

On the basis of packaging material, the Beverage Packaging Market is bifurcated into:

• Glass

• Metal

• Plastic

• Paperboard

• Others

On the basis of beverage type, the market is segmented into:

• Alcoholic beverage

• Non-alcoholic beverage

• Others

On the basis of packaging type, the market is segmented into:

• Bottles

• Cans

• Carton

• Others (pouches and bag-in-box)

The Beverage Packaging Market – Key Market players
Global key players of Global Beverage Packaging Market include Crown Holdings, Inc., Ardagh Group S.A., Ball Corporation, Gerresheimer AG, Berry Global Inc., Beatson Clark Ltd., Tetra Pak Group, Owens-Illinois, Inc., Toyo Seikan Group Holdings, Ltd., Silgan Containers LLC, Vidrala S.A., Nampak Ltd., BA Glass Germany GmbH, Orora Packaging Australia Pty Ltd., Frugal Limited, Green Creative, TIPA, and Bonito Packaging.

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Frequently Asked Questions

  • What is the estimated growth forecast for the market during the forecast period?
  • What are the wide range of uses of the product that are driving the growth of the market?
  • What are some of the factors that are driving the growth of the market?
  • Which are the major players that are boosting the growth of the market?
  • Which region is estimated to boost the growth of the market during the forecast period?

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Published in

Business

Published on

Nov 10, 2022

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