According to a report by GMI, Beverage container market is slated to reach US$ 250 billion by 2025, rising at 4% compounding annual growth rate between 2019 to 2025. Rise in consumption of healthier drinks such as nondairy milk alternatives, fruit juices and energy drinks will drive beverage containers market growth. Proliferation of different package sizes and new product introductions by manufacturers with increasing competition will propel the product demand. Factors such as product shelf life, attractively designed & labeled packaging for dairy and juices will provide positive outlook for beverage container market.
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Increasing research and development activities held by major players in the market is anticipated to support the beverage containers market expansion. Flexible drink containers offer several sustainable features including less material use and reduced landfill wastes. Lightweight and malleable properties of these flexible beverage containers will further influence the demand from several drinks manufacturing companies over the projected timeframe.
Growing consumption of alcoholic drinks globally is also expected to fuel the beverage containers market growth. Changing consumer preference and increasing penetration of premium brands will support the industry expansion. Manufacturers are expected to adopt sustainable packaging solutions to offer their products with improved taste along with high nutrition integrity.
Glass is anticipated to witness 4% growth in terms of revenue up to 2025. Customers continue to see glass as an ecofriendly package that is ocean friendly and chemically inert. Glass containers need no chemical liners and plastic and are alleged as best for taste and for creating premium and special experiences. In 2018, U.S. glass container industry nearly shipped around 27 billion units. Also, brands are seeking to push for envelope that offers incorporation of textured paper labels, shrink sleeves, textured ink, and molded closures which will further fuel this segment growth over the forecasted timeframe.
Browse complete, “Global Beverage Container Market Size By Material (Plastic, Metal, Glass, Paperboard), By Container Type (Bottles & Jars, Cartons, Cans, Bag-In-Boxes, Pouches), By Application (Alcoholic Beverages [Beer, Wine, Spirit], Non-Alcoholic Beverages [Carbonated Soft Drinks, Bottled Water, Dairy, Juices, Sports Drinks Enhanced Water]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Russia, China, India, Japan, South Korea, Indonesia, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” report,
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Non-alcoholic beverages segment is anticipated to witness fastest growth up to 2025. Shifting demographic trends and increase in disposable income will support millennial spending on high-end drinks. Rising non-alcoholic drinks consumption owing to growing health awareness and changing lifestyle fueling product sales. Strong demand for low liquor drink such as craft beer with variety of flavors are expected to boost the business expansion. Increasing number consumers common health issues including obesity and diabetes will surge the demand for drinks with low-sugar, low-salt and less calories.
Asia Pacific beverage container market accounted for over 40% share in 2018. Presence of key industry players and highly competitive environment will support the industry development. The key players in the market are making significant investments in certain technological & innovative advancements for strengthening their foothold in the overall beverage container market across the region. Drinks manufacturers are expected to launch organic, functional and clean label products to meet growing health conscious millennials demands.
Beverage container market is fragmented in nature owing to the presence of several large, medium, regional and multinational players operating comprehensively. Major companies present in the industry include Toyo Seikan Group Holdings, Rexam Inc., Amcor Limited, Ball Corporation, Owens-Illinois, Silgan Holdings, Huber Packaging Group, CLARCOR, and Ardagh Group. Other prominent players include Liqui-Box Corporation, Ampac Packaging LLC, Crown Holdings Incorporated, Berry Plastics Corporation, and Tetra Pak International S.A. Portfolio expansion, joint ventures, mergers & acquisition are key strategies that are adopted by the major industry participants.
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Partial Chapters from Table of Content:
Chapter 2. Executive Summary
2.1. Beverage container industry 3600 synopsis, 2013 – 2025
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Container type trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Beverage Container Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2025
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.4. Pricing analysis, 2013 – 2025
3.4.1. Cost structure analysis, 2018
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.2. Industry pitfalls & challenges
3.6. Innovation and sustainability
3.7. Growth potential analysis, 2018
3.8. Global beverage market outlook, 2019-2025
3.8.1. Alcoholic
3.8.2. Non-alcoholic
3.9. Regulatory landscape
3.9.1. North America
3.9.2. Europe
3.9.3. Asia Pacific
3.9.4. LATAM
3.9.5. MEA
3.10. Porter’s analysis
3.11. Competitive landscape, 2018
3.11.1. Market share analysis, 2018
3.11.2. Top players overview
3.11.3. Strategy dashboard
3.12. PESTEL analysis
Chapter 4. Beverage Container Market, By Material
4.1. Global beverage container market share by material, 2018 & 2025
4.2. Plastic
4.2.1. Market estimates and forecast, 2013 – 2025
4.2.2. Market estimates and forecast, by region, 2013–2025
4.3. Metal
4.3.1. Market estimates and forecast, 2013 – 2025
4.3.2. Market estimates and forecast, by region, 2013–2025
4.4. Glass
4.4.1. Market estimates and forecast, 2013 – 2025
4.4.2. Market estimates and forecast, by region, 2013–2025
4.5. Paperboard
4.5.1. Market estimates and forecast, 2013 – 2025
4.5.2. Market estimates and forecast, by region, 2013–2025
Browse Related Report:
1. Packaging Materials Market Size By Material (Paper & Cardboard, Rigid Plastic, Metal, Flexible Plastic, Glass, Wood, Textile), By Product (Bottles & Cans, Containers & Jars, Bags, Pouches, & Wraps, Closures & Lids, Boxes & Crates, Drums & IBCs), By End-user (Food, Beverage, Healthcare, Cosmetics, Household Products, Chemicals), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, Saudi Arabia, UAE, Kuwait, Qatar, South Africa), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
https://www.gminsights.com/industry-analysis/packaging-materials-market
2. Containerboard Market Size By Product (Containerboard [Liner Board, Kraft Liners, Test Liners], Corrugating Medium[Recycled, Semi Chemical Medium], White Tops), By Application (Fast Moving Consumer Goods (FMCG) [Processed Food, Home & Personal Care, Pharmaceuticals, Fats & Oils, Dairy & Alternatives, Alcohol & Drinks], Industrial [Books & Magazines, Construction, Plastics, Textiles, Chemicals, Glass, Lubricant], Flowers, Agriculture, Fruits), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Spain, China, India, Japan, South Korea, Malaysia, Thailand, Australia, Brazil, Argentina, Mexico, Colombia, Ecuador, Chile, UAE, Saudi Arabia, South Africa), Price Trend, Competitive Market Share & Forecast, 2019 – 2025
https://www.gminsights.com/industry-analysis/containerboard-market
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