Global Beverage Packaging Market Anticipated to Gain Valuation of 128,000 Mn by the end of 2027

Published on : Jul 31, 2018

Albany, New York, July 31, 2018: Recently, a fresh study covering global market scenario of beverage packaging has been broadcasted to the vast archive of Market Research Hub (MRH), with the title ofBeverage Packaging Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. This 218-page study offers in-depth analysis and insights on the key developments that are impacting the beverage packaging market landscape. A holistic overview and analysis are offered to readers on the basis of historical trends and recent developments.

This intelligent study also covers the geographical segmentation which analyzes the scope of the market in different regions including North America, Japan, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and South America. Moreover, the report provides qualitative and quantitative analysis of the market, in which market dynamics, trends, and country-level information are covered.

Globally, consumers see a lot indicators of the changes in product and packaging relative to beverages business. In the present time, the choice of beverage packaging products is mainly driven by aspects such as convenience and sustainability of packaging solutions, prices of raw materials and aesthetic appeal of packaging. The research includes analysis of key product types such as liquid cartons, beverage cans, plastic bottles, glass bottles and others. As per the research findings, the liquid cartons segment is expected to rule the market with its market size of over US$ 45,000 Mn by the end of 2027.

The report majorly covers different sections on market definition, market dynamics including the key drivers, restraints and trends that are governing the market. The market analysis also shows that an increase in the demand for small pack sizes has provoked 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. The market has been further analyzed on the basis of material type and application. By material type, the study covers glass, paper/paperboard, plastic and metal. Application-wise segmentation include non-alcoholic drinks, alcoholic drinks.

Moreover, a major fact has been identified in the study that the global beverage packaging market is 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.

At last, the research concludes by profiling key players active in the industry such as Vidrala S.A., Beatson Clark Ltd., Mahmood Saeed Beverage Cans & Ends Industry Company Ltd., Intrapac International Corporation, Nampak Ltd., Silgan Containers LLC, BA Glass Germany GmbH, and Orora Packaging Australia Pty Ltd.

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