Beverage Packaging Market – Future Need Assessment 2027

Press Release

Beverage Packaging Market Insights 2018, is a professional and in-depth study on the current state of the global Beverage Packaging industry with a focus on the Global market. The report provides key statistics on the market status of the Beverage Packaging manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight of 2018-2025 global Beverage Packaging market covering all important parameters.

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The key points of the Beverage Packaging Market report:

The report provides a basic overview of the Beverage Packaging industry including its definition, applications and manufacturing technology.

The report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2018-2025 market shares for each company.

Through the statistical analysis, the report depicts the global total market of Beverage Packaging industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.

The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

The report then estimates 2018-2025 market development trends of Beverage Packaging industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.

The report makes some important proposals for a new project of Beverage Packaging Industry before evaluating its feasibility.

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There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.

For competitor segment, the report includes global key players of Beverage Packaging are included:

 

Increasing demand for smaller pack sizes to push the demand for beverage cans

Developed economies are experiencing an increase in the use of packaged beverages, owing to the availability of extra disposable income with people in developed countries. Market analysis shows that an increase in the demand for small pack sizes has triggered the growth of beverage cans in these regions. Consumers have prioritized their expenditure. Therefore, there has been an increasing demand for smaller packs, which creates opportunities for growth in demand for beverage cans. In addition, the increasing trend of on-the-go food consumption is expected to present potential opportunities for growth of the glass and metal beverage packaging market. Moreover, the choice of beverage packaging products is predominantly driven by aspects such as convenience and sustainability of packaging solutions, prices of raw materials and aesthetic appeal of packaging.

According to the market forecasts, the liquid cartons segment is expected to dominate the market with its market size of over US$ 45,000 Mn by the end of 2027, growing at a value CAGR of 4.6% during the forecast period.

Plastic bottle consumption to witness an all-time high in the foreseeable future

PET bottles’ demand is at an all-time high, following increased rate of consumption by consumers in many countries. For instance, American consumers have been breaking records in terms of bottled water consumption. Similarly, in Japan, bottled water consumption witness high growth rate during the 2011 natural disaster case, when government channels advised against consuming anything other than bottled water. The bottled water market is also supported by an increase in consumer awareness regarding the health effects associated with the consumption of carbonated drinks. A significant number of U.S. consumers prefer premium bottled water, and are willing to pay more for the same instead of spending on other beverages. Plastic bottles market is expected to reach a market value of over US$ 34,000 Mn by the end of 2027, growing at a CAGR of 4.4% during the forecast period.

Decreasing consumption of alcoholic beverages could affect the glass bottle market

The consumption of alcohol has decreased in various regions. Japan has a shrinking young population and aged consumers that account for more than 1/4th of the Japanese population. This has resulted in declining sales of soft drinks in the country. The amount of beer consumed by Germans has also dropped by more than 30%.  Due to the reduced growth rate of consumption of alcoholic drinks as opposed to that of non-alcoholic drinks, the glass bottle segment is poised to witness a decline in market value share, during the next ten years. Moreover, the global beverage packaging market is also expected to witness a negative impact by high raw material prices and increasing government regulations regarding recyclable packaging solutions, reducing carbon footprint, and ensuring proper coding for optimum traceability, among others in the packaging industry. Due to increasing wastes, Chinese government introduced the excessive packaging regulations, in 2010, which covered beverage packaging, cosmetic packaging, and certain food & confectionary packaging. The Indian state of Maharashtra recently banned the use of packaged water bottles in government offices. The same is soon planned to be imposed on restaurants in the state.

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Reasons to Purchase this Report:

* Estimates 2018-2025 Beverage Packaging market development trends with the recent trends and SWOT analysis

* Market dynamics scenario, along with growth opportunities of the market in the years to come

* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects

* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players