PUBLISHER: IMARC | PRODUCT CODE: 1291409
PUBLISHER: IMARC | PRODUCT CODE: 1291409
Beverage Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global beverage packaging market size reached US$ 157.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 224.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028. The rising health consciousness, growing demand for sustainable packaging materials, and increasing demand for convenience packaging solutions represent some of the key factors driving the market.
Beverage packaging is used to contain and protect beverages, such as water, soda, and beer from several factors. It is an essential step in producing and selling beverages, as it ensures the product is safe and meets the consumer's needs while maintaining the aroma and nutrients of the beverage and preventing contamination. It is a complex process due to the vast array of drinks available. It requires the use of materials, including paperboard, metal, plastic, and glass to ensure that the beverage is contained and to prevent spillage. It is also designed to maintain the beverage's quality and taste while providing users convenience. Proper packaging also reduces material costs, increases the drink's shelf life, and protects against moisture and heat. Several types of packaging are available in the market, such as metal cans, plastic bottles, boxes, and cartons that help protect the product, create an emotional connection with the consumer, and provide clear product information. The beverage packaging design plays a large role in consumer decision-making as the uptake of attractive designs aids in capturing the consumer's attention and creating an emotional connection with the product.
Beverage Packaging Market Trends:
The growing consumption of beverages among the masses majorly drives the global market. Additionally, the rising preference for low-sugar, low-fat, and low-calorie beverages due to the increasing health consciousness among individuals is acting as a major driving factor. With an enhanced focus on sustainable development, there has been a considerable rise in the demand for sustainable packaging options that reduce waste and help preserve the environment, which is significantly supporting the market. Along with this, the rising demand for convenient packaging solutions among the masses, such as single-serve packaging, and resealable packaging, offering easy-open containers, tear-off lids, and spouts for easy pouring, is, in turn, propelling the demand. In addition, the growing need for cost-effective packaging solutions that are affordable, including aluminum cans and PET bottles, is positively influencing the market. Apart from this, the widespread adoption of beverage packaging solutions in health and wellness drinks, such as sports drinks, kombucha, coconut water, green tea and herbal teas, are also supporting the demand. Furthermore, numerous beverage companies are adopting innovative beverage packaging to establish their brand identity and differentiate themselves from competitors, which is creating a positive market outlook. Some of the other factors driving the market include continual technological advancements and extensive research and development activities conducted by key players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global beverage packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material, product and application.
Material Insights:
- Plastic
- Metal
- Glass
- Paperboard
- Others
The report has provided a detailed breakup and analysis of the beverage packaging market based on the material. This includes plastic, metal, glass, paperboard, and others. According to the report, glass represented the largest segment.
Product Insights:
- Bottles
- Cans
- Pouches
- Cartons
- Others
A detailed breakup and analysis of the beverage packaging market based on the product has also been provided in the report. This includes bottles, cans, pouches, cartons, and others. According to the report, bottles accounted for the largest market share.
Application Insights:
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Carbonated Drinks
- Bottled Water
- Milk
- Fruit and Vegetable Juices
- Energy Drinks
- Plant-based Drinks
- Others
The report has provided a detailed breakup and analysis of the beverage packaging market based on the application. This includes alcoholic beverages and and non-alcoholic beverages (carbonated drinks, bottled water, milk, fruit and vegetable juices, energy drinks, plant-based drinks, and others). According to the report, non-alcoholic beverages represented the largest segment.
Regional Insights:
North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for beverage packaging. Some of the factors driving the Asia Pacific beverage packaging market included the rising disposable income levels of the masses, the presence of large players, and continual technological advancements, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global beverage packaging market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Amcor Limited, Ardagh Group, Ball Corporation, Berry Global Inc., Crown Holdings Inc., Mondi plc, Orora Packaging Australia Pty Ltd, SIG Combibloc Group AG, Smurfit Kappa Group PLC, Sonoco Products Company, Stora Enso and Tetra Laval International SA., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global beverage packaging market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global beverage packaging market?
- What is the impact of each driver, restraint, and opportunity on the global beverage packaging market?
- What are the key regional markets?
- Which countries represent the most attractive beverage packaging market?
- What is the breakup of the market based on the material?
- Which is the most attractive material in the beverage packaging market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the beverage packaging market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the beverage packaging market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the beverage packaging market?
- What is the competitive structure of the global beverage packaging market?
- Who are the key players/companies in the global beverage packaging market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Beverage Packaging Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Material
- 6.1 Plastic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Metal
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Glass
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Paperboard
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Product
- 7.1 Bottles
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cans
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Pouches
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Cartons
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Application
- 8.1 Alcoholic Beverages
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Non-Alcoholic Beverages
- 8.2.1 Market Trends
- 8.2.2 Key Segments
- 8.2.2.1 Carbonated Drinks
- 8.2.2.2 Bottled Water
- 8.2.2.3 Milk
- 8.2.2.4 Fruit and Vegetable Juices
- 8.2.2.5 Energy Drinks
- 8.2.2.6 Plant-based Drinks
- 8.2.2.7 Others
- 8.2.3 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amcor Limited
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Ardagh Group
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Ball Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Berry Global Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Crown Holdings Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Mondi plc
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Orora Packaging Australia Pty Ltd
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 SIG Combibloc Group AG
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Smurfit Kappa Group PLC
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Sonoco Products Company
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Stora Enso
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Tetra Laval International SA
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 SWOT Analysis
- 14.3.1 Amcor Limited
List of Figures
- Figure 1: Global: Beverage Packaging Market: Major Drivers and Challenges
- Figure 2: Global: Beverage Packaging Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Beverage Packaging Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Beverage Packaging Market: Breakup by Material (in %), 2022
- Figure 5: Global: Beverage Packaging Market: Breakup by Product (in %), 2022
- Figure 6: Global: Beverage Packaging Market: Breakup by Application (in %), 2022
- Figure 7: Global: Beverage Packaging Market: Breakup by Region (in %), 2022
- Figure 8: Global: Beverage Packaging (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Beverage Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Beverage Packaging (Metal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Beverage Packaging (Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Beverage Packaging (Glass) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Beverage Packaging (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Beverage Packaging (Paperboard) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Beverage Packaging (Paperboard) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Beverage Packaging (Other Materials) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Beverage Packaging (Other Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Beverage Packaging (Bottles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Beverage Packaging (Bottles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Beverage Packaging (Cans) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Beverage Packaging (Cans) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Beverage Packaging (Pouches) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Beverage Packaging (Pouches) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Beverage Packaging (Cartons) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Beverage Packaging (Cartons) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Beverage Packaging (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Beverage Packaging (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Beverage Packaging (Alcoholic Beverages) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Beverage Packaging (Alcoholic Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Beverage Packaging (Non-Alcoholic Beverages) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Beverage Packaging (Non-Alcoholic Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: North America: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: North America: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: United States: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: United States: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Canada: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Canada: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Asia-Pacific: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Asia-Pacific: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: China: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: China: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Japan: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Japan: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: India: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: India: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: South Korea: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: South Korea: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Australia: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Australia: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Indonesia: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Indonesia: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Others: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Others: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Europe: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Europe: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Germany: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Germany: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: France: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: France: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: United Kingdom: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: United Kingdom: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Italy: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Italy: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Spain: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Spain: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Russia: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Russia: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Latin America: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Latin America: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Brazil: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Brazil: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Mexico: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Mexico: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Middle East and Africa: Beverage Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Middle East and Africa: Beverage Packaging Market: Breakup by Country (in %), 2022
- Figure 80: Middle East and Africa: Beverage Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Global: Beverage Packaging Industry: SWOT Analysis
- Figure 82: Global: Beverage Packaging Industry: Value Chain Analysis
- Figure 83: Global: Beverage Packaging Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Beverage Packaging Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Beverage Packaging Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 3: Global: Beverage Packaging Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 4: Global: Beverage Packaging Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Beverage Packaging Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Beverage Packaging Market: Competitive Structure
- Table 7: Global: Beverage Packaging Market: Key Players
