Global Beverage Containers Market, By Material Type (Plastics, Paper and Paperboard, Glass and Metals), Product Type (Bottles, Cartons, Cans, Bag-In-Boxes, Jars, Pouches and Others), Application (Alcoholic Beverages and Non-Alcoholic Beverages), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The growing demand for convenient and smart sustainable packaging solutions has led to the rise in demand for beverage containers across the globe. Data Bridge Market Research analyses that the beverage containers market will project a CAGR of 5.12% for the forecast period of 2021-2028.
Beverage containers are the packaging materials that are used to contain and package alcoholic and non-alcoholic beverage products. The beverage containers make it easy and convenient in terms of handling and reduce the risk of contamination. Beverage containers play an important role in the transportation of beverage products and therefore, the containers are available in different sizes and shapes. The beverage containers also help to perform the functions of branding, labelling, identification and storage, and warehousing. The beverage containers also differ in the material as they are manufactured using varying materials such as glass, plastic, metal among others.
Rising demand for both alcoholic and non-alcoholic beverages has positively and directly impacted the demand for beverage containers. Also, the adoption of lightweight and inexpensive packaging materials has transformed the way the packaging is done for beverages. The increasing using of bioplastics has positively impacted the goodwill of the market. The rising use of glass bottles for recycling has led to the rise in demand for glass beverage containers. The coronavirus breakdown has shifted the consumers to single-use plastic beverage drinks. This in turn has led to the growth of this market.
On the other hand, a lot of unrecyclable waste is generated every year. This waste is non-biodegradable and thus harms the environment. Lack of recycling capacities will thus, pose a big challenge to the growth of the market. Stringent regulations on the use of plastic material and a ban on single use plastic in many countries will further narrow down the scope of growth.
This beverage containers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on beverage containers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Beverage Containers Market Scope and Market Size
Global beverage containers market is segmented on the basis of material type, product type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material type, the beverage containers market is segmented into plastics, paper and paperboard, glass and metals.
- On the basis of product type, the beverage containers market is segmented into bottles, cartons, cans, bag-in-boxes, jars, pouches and others.
- On the basis of application, the beverage containers market is segmented into alcoholic beverages and non-alcoholic beverages. Alcoholic beverages are further sub-segmented into beer, wine, spirits and others. Non-alcoholic beverages are further sub-segmented into carbonated soft drinks, bottled water, dairy, juices, sports drinks, enhanced water and others.
Global Beverage Containers Market Country Level Analysis
The beverage containers market is analysed and market size insights and trends are provided by country, material type, product type and application as referenced above.
The countries covered in the beverage containers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific holds the largest market share in terms of market revenue and volume of production. Modernization, urbanization and westernization coupled with the rise in personal disposable income are influencing the tastes and preferences of consumers. Therefore, the demand for both alcoholic and non-alcoholic beverages is set to multiply every year and this in turn would lead to the rise in demand for beverage containers. Emerging economies such as India, China, Indonesia, Thailand, Taiwan and Malaysia are the major contributors from this region.
The country section of the beverage containers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Beverage Containers Market Share Analysis
The beverage containers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to beverage containers market.
The major players covered in the beverage containers market report Liquibox, Amcor plc, ProAmpac., Crown, Ardagh Group S.A., BALL CORPORATION, Berry Global Inc., CCL Industries., Sonoco Products Company, The Coca-Cola Company., Pactiv Evergreen Inc., Tetra Pak Group, Toyo Seikan Group Holdings, Ltd., O-I Glass, Inc., Silgan Holdings Inc., Mondi, Alcoa Corporation, Stora Enso, CKS Packaging, Inc. and Graham Packaging Company among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.