The US beverage packaging market is projected to grow at a CAGR of 5.3% during the forecast period. The key factors that drive the market growth include the rising demand for premium products from the young population. The US has the highest population in the North American region with around 327 million in 2018 and more than 81% of the population is above 15 years, as per WHO. The introduction of ready to drink beverages has been catering to the growing number of consumers. Growing concerns regarding obesity and other diseases are further reshaping the overall beverages market with the consumers’ increasing shift towards the diet-based drinks and several protein shakes. Thus, this growth in the beverage business is likely to encourage market growth over the forecast period.
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The US beverage packaging market is segmented on the basis of material, product, and beverage. Based on the material, the market is sectioned into glass, plastic, paper, and metal. Plastic is estimated to exhibit significant growth during the forecast period. Based on the product, the market is segmented into bottles & jars, cans, pouches, cartons, and others. The bottles & jars segment is estimated to contribute a prominent share in the market. Based on the beverage, the market is segmented into non-alcoholic beverages (such as water, juices, energy drinks, carbonated drinks, and dairy beverages) and alcoholic beverages. Non-alcoholic beverage tends to contribute a significant share in the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
US Beverage Packaging Market – Segmentation
By Material
- Glass
- Plastic
- Paper
- Metal
By Product
- Bottles & Jars
- Cans
- Pouches
- Cartons
- Others
By Beverage
- Non-Alcoholic Beverages
- Alcoholic Beverages
The Report covers:
- Comprehensive research methodology of the US Beverage Packaging market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US Beverage Packaging market.
- Insights about market determinants which are stimulating the US Beverage Packaging market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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