Beverage Packaging Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027
Beverage Packaging Market is projected to grow at a considerable CAGR during the forecast period from 2021 to 2027. The key factors that drive the market growth include the increased adoption of beverage products across the globe. The growing consumers’ awareness regarding the consumption of natural, fresh, and convenient beverage items, along with the continuous changes in the industry drives the growth of the market. Further, the development of active packaging technologies for better preservation is also contributing to the growth of the market. The traditional functions of packaging are to protect food and beverages from degradation processes, primarily produced by environmental factors, such as oxygen, light, and moisture, to contain the food, and to provide consumers with ingredient and nutritional information. Several innovations in packaging have significantly supported in enhancing the shelf-life of the products.
This is achieved by developing novel packaging systems to contain problems associated with plastic-based materials. Some of the important factors to be controlled that can affect the quality of beverage products include pH, the glass transition temperature of the polymeric material, storage temperature, and degree of interaction of volatiles with food constituents. Some of the prominent players operating in the global beverage packaging market include Amcor Plc, Ball Corp., Berry Global, Inc., Crown Holdings Inc., IntraPac International LLC, Mondi Group Plc, Reynolds Group Holdings Ltd., Smurfit Kappa Group, Sonoco Products Co., and Stora Enso Oyj among others.
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A full report of Global Beverage Packaging Market is available at: https://www.orionmarketreports.com/beverage-packaging-market/25257/
The following Segmentation are covered in this report:
By Material Type
· Plastic
· Metal
· Glass
· Paperboard
By Product Type
· Bottles
· Cans
· Pouches
· Cartons
· Beer Kegs
By Application
· Carbonated Drinks
· Alcoholic Beverages
· Bottled Water
· Milk
· Fruit and Vegetable Juices
· Energy Drinks
· Plant-based Drinks (Emerging Market)
· Other Applications
By Region
North America:
· US
· Canada
Europe:
· France
· Italy
· Germany
· UK
· Rest of Europe
Asia Pacific:
· India
· China
· Japan
· Australia
· Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Beverage Packaging Market.
- The market share of the global Beverage Packaging Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Beverage Packaging Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Beverage Packaging Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)