Beverage Packaging Market Analysis, Share, Scope, Business Outlook by Top Key Players, Forecast and Research by Exactitude Consultancy
Beverage Packaging Market Size, Status, Demand, Growth and Overview Outlook 2022 to 2028
Luton, Bedfordshire, United Kingdom, Oct. 26, 2022 (GLOBE NEWSWIRE) -- *Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Beverage Packaging market.*
*"Beverage Packaging Market size was valued at USD 136 billion in 2019 and is projected to reach USD 220 billion by 2028, growing at a CAGR of 5.5%from 2019 to 2028."*
Beverage packaging is a concept that transforms drinks into an aesthetically pleasing and functional piece of art that not only fits well within the customer’s lifestyle but is also able to be re-used multiple times. Beverage packaging is a critical component for the success of your beverage, whether it’s bottled water, soda or juice. We focus on creating healthy, sustainable beverages that eliminate waste and enhance taste. Beverage packaging is a wide category of products that can be classified into several different subcategories, e.g., juice, juice concentrate, soft drinks, sports drink and bottled water.
*Get Sample PDF Brochure: *
https://exactitudeconsultancy.com/reports/1042/beverage-packaging-market/#request-a-sample
Beverage packaging is a key component of the supply chain for highly concentrated, water-based solutions for beverages. There are many different types of beverage products, including carbonated soft drinks, bottled water, sparkling water and iced tea. Carbonated soft drinks require more specialized packaging than other types of beverages because they contain high amounts of sugar and other ingredients that can potentially contaminate an environment. This is the reason why it is important to have the right bottling equipment in place at every stage of the beverage process – from point of entry into the distribution channels to point of consumption.
Some major players in the global Beverage Packaging market include:* 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).*
*Market Trend:*
Ball Corp. and Arnest Group agreed to a $530 million contract in September 2022 for the Russian beverage packaging market. The manufacturer of recyclable metal packaging reduced output at its five Russian plants as soon as Russia invaded Ukraine in March. The sale of Ball's Russian-based businesses to Arnest Group, which produces perfume, cosmetics, and household goods in aerosol packaging, will not have any impact on the company's activities outside of Russia.
Amcor Group GmbH and Nutrea started a new business partnership to provide its rupro protein juice in hot-fill (PET) bottles. The new orange juice from Nutrea/Frudelca was offered in 300ml and 440ml volumes in recyclable bottles. Amcor was seen as a crucial co-worker in supplying a cutting-edge packaging solution that satisfied the performance specifications of this new functional endeavour.
*Regional Insights:*
The market for beverage packaging is anticipated to be dominated by the Asia Pacific region. The market for beverage packaging has grown as a result of the rising demand for regionally produced and branded beverages in these areas. India and China have contributed significantly to the expansion of the beverage packaging market among these nations. According to the Indian Beverages Association, the demand for bioplastics and PET bottle packaging in India will increase as more ecologically friendly substitutes and recycling facilities are made available to consumers. This will contribute to the Indian beverage industry's continued growth.
*As a part of Beverage Packaging market segmentation, our study exhibits a market analysis based on type, Market application and Historic Data:*
Attributes Details (Current Scenario)
Base-Year 2020-2021
Historic Data 2019-2020
Forecast Period 2022-2029
Regions Covered
· North America
· Europe
· Asia Pacific
· South America
· Middle East and Africa
By Type/function
· Metal
· Plastic
· Glass
· Paper & Paperboard
· Other Material Type
By Beverage Packaging · Non-Alcoholic Beverages
· Alcoholic Beverages
· Dairy Beverages
CAGR (XX%) 5.5 *%* (Current Market Analysis)
Customization Available Yes, the report can be customized as per your need. (*Free* 15% Customization)
Delivery Format PDF, and Excel through Email
*Browse Detailed Research Insights with TOC:*
https://exactitudeconsultancy.com/reports/1042/beverage-packaging-market/
*Important insights in Beverage Packaging market research report:*
- Underlying macro- and microeconomic factors impacting the Sales of Beverage Packaging
- Basic overview of the Beverage Packaging, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Beverage Packaging across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.*
**Frequently Asked Questions about This Report:*
· Who are the leading market players active in the Beverage Packaging market?
· What is expected to the growth rate of Beverage Packaging market?
· What are the driving features, restraints, and opportunities in the market?
· What are the latest trends in Beverage Packaging market?
*Checkout Our Related Research Key Updates:*
*Flexible Packaging Market*
Flexible Packaging provides solutions for the manufacturing, distribution and warehousing of goods. The company’s value chain involves sourcing raw materials, manufacturing and warehousing, transportation and storage of goods. Flexible Packaging also offers customized packaging products. Flexible packaging is a popular choice for the food industry, as it can help to protect products from damage during transport and allow you to pack multiple elements in one delivery.
https://exactitudeconsultancy.com/reports/2836/flexible-packaging-market
*High Barrier Films Market*
High barrier films are highly transparent, yet strongly resist dirt and water. Using our proprietary technology, we create a highly effective barrier on any surface, providing a permanent way to improve your home's appeal, resist heat gain and UV damage, as well as keep dust and other pollutants out of the air.
https://exactitudeconsultancy.com/reports/3197/high-barrier-films-market
*Printing Inks Market*
Printed pictures are transferred and reproduced from a printing surface using coloured liquids and pastes known as printing inks. Printing inks produce a beautiful image while also delivering the message and protecting the substrate. These inks also contain dispersions of dye and insoluble colourant solutions in a varnish or medium. A range of printing techniques, including as lithography, rotogravure, flexography, and digital printing the most modern technique with the highest growth potential distinguish these inks as well. The company's reputation for high-quality products and technical support is what drives the printing inks market.
https://exactitudeconsultancy.com/reports/2615/printing-ink-market
CONTACT: Irfan Tamboli (Head of Sales) - Exactitudeconsultancy
Phone: + 1704 266 3234
sales@exactitudeconsultancy.com
LinkedIn: https://www.linkedin.com/company/exactitudeconsultancy/