Beverage Packaging Market is expected to reach US$ 242.01 Mn. in 2029, with a CAGR of 6.42% for the period 2023-2029, because of the growing emphasis on eco-friendly and biodegradable packaging.
Beverage Packaging Market Overview
The new report by Maximize Market Research on the Global Beverage Packaging Market 2022-2029 offers valuable insights into the market's competitors. The research provides a comprehensive and fundamental analysis of the market, including an exploration of subjective factors that can provide readers with essential business insights. It offers a market overview that encompasses the value chain structure, geographical analysis, applications, market size, and forecast (2021-2029). The research serves as a reliable tool for a more precise assessment of the present and future conditions of the global Beverage Packaging market.
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Beverage Packaging Market Scope
The report places emphasis on key factors driving and restraining major companies, while also highlighting current competitive benchmarking and development prospects. It presents the latest trends in the Beverage Packaging market and offers insights into future demand, supply chains, sales, and recent market changes.
The Beverage Packaging market research report includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product. In terms of competitive analysis, the report features profiles of key market players, encompassing company overview, financial performance, product portfolio, and strategies. The research incorporates a combination of quantitative and qualitative research methods, utilizing SWOT and PESTLE analysis.
Beverage Packaging Market Segmentation
According to the kind of packaging used, the market for beverage packaging is further divided into bottle, can, carton, pouch, and other packaging types. In 2022, bottles led the global market in terms of revenue. Glass drinking bottles are used to package the vast majority of alcoholic beverages. On the other hand, there is some demand for non-alcoholic beverage application categories such milk, juice, and others. Glass bottles make the product look more polished and are simple to clean. They are so increasingly being used in beverage packaging.
The beverage packaging market is further divided into the following material types: metal, plastic, glass, paper & paperboard, and other material type. In 2022, the glass industry was the most significant in terms of revenue. It is mostly utilized to create packaging materials like bottles and jars. Among the products offered are spirit miniatures, pocket flasks, spirit bottles, wine bottles, beer bottles, juice and soft drink bottles, oil bottles, spice and sauce bottles, spice jars, and wide-mouth jars.
1. Global Beverage Packaging Market, by Product Type (2022-2029)
• Non-alcoholic beverages
• Alcoholic beverages
• Dairy beverages
2. Global Beverage Packaging Market, by Packaging Type (2022-2029)
• Bottle
• Can
• Carton
• Pouch
• Other packaging type
3. Global Beverage Packaging Market, by Material Type (2022-2029)
• Metal
• Plastic
• Glass
• Paper & paperboard
• Other material type
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Beverage Packaging Market Key Players
1. Amcor Group GmbH
2. O-I Glass, Inc.
3. Crown Holdings, Inc
4. Ardagh Group S.A.
5. Verallia SA
6. Tetra Pak Group
7. Ball Corporation
8. Vidrala S.A.
9. Toyo Seikan Group Holdings, Ltd.
10. CPMC Holdings Limited
11. Huhtamaki Oyj.
12. Brodrene Hartmann A/S
13. UFP Technologies, Inc.
14. Gerresheimer AG.
15. Owens-Illinois, Inc.
16. Berry Global, Inc.
17. Beatson Clark Ltd.
18. Intrapac International Corporation
19. BA Glass Germany GmbH.
20. Nampak Ltd.
21. Silgan Containers LLC.
22. Mahmood Saeed Beverage Cans & Ends Industry Company Ltd.
23. Orora Packaging Australia Pty Ltd.
24. Others
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Regional Analysis
The global Beverage Packaging Market's growth trend is examined in depth throughout the report. It segmented into the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Beverage Packaging market.
Key Questions answered in the Beverage Packaging Market Report are:
- What is Beverage Packaging Market?
- What is the forecast period of the Beverage Packaging Market?
- What is the competitive scenario of the Beverage Packaging market?
- Which region held the largest market share in the Beverage Packaging Market?
- What are the opportunities for the Beverage Packaging Market?
- What are the restraining factors in the Beverage Packaging market?
- Who are the key players of the Beverage Packaging market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Beverage Packaging#
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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