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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Beverage Packaging Market By Material, By Product, By Application, and Geography
Beverage Packaging Market By Material, By Product, By Application, and Geography
Beverage Packaging Market size was valued at US$ 144.3 billion in 2023 and is poised to grow at a CAGR of 4.1% from 2024-2030. The industry is involved in the manufacturing and supply of packaging materials and solutions specifically designed for beverages. It includes packaging formats such as bottles, cans, cartons, pouches, and others that ensure the safe storage, transportation, and consumption of various beverages, including carbonated drinks, juices, water, alcoholic beverages, and more. One of the primary drivers of the market is the increasing consumption of beverages, driven by changing consumer preferences, urbanization, and lifestyle changes. The market demand for convenient, on-the-go packaging options, along with the rise in e-commerce and home delivery services, has also fueled the market's growth.
However, the market faces several challenges such as sustainability and environmental concerns, with the need for eco-friendly packaging materials and reducing plastic waste. Regulations and standards related to food safety and hygiene pose compliance challenges for packaging manufacturers. Additionally, fluctuating raw material costs, limited recycling infrastructure, and stringent quality control requirements add complexity to the market. The market growth is driven by increasing beverage consumption, changing consumer preferences, and the demand for convenient packaging options. However, challenges related to sustainability, regulations, and cost control need to be addressed for the market's sustainable growth and success.
Study Period
2024-2030Base Year
2023CAGR
4.1%Largest Market
Asia PacificFastest Growing Market
Asia-Pacific
Surge in demand for convenience and on-the-go packaging is expected to drive the market. With changing lifestyles and busy schedules, consumers are seeking packaging formats that offer convenience and portability. This drive is fueled by factors such as the increasing trend of ready-to-drink beverages, the rising popularity of single-serve portions, and the growth of e-commerce and home delivery services. Packaging formats like bottles, cans, and pouches that provide ease of use, reseal ability, and portability are witnessing high demand, driving the growth
Asia Pacific dominates the global Beverage Packaging market with a high market share. The Asia Pacific region is witnessing significant urbanization and a shift in consumer lifestyles. As more people migrate to urban areas and adopt busier lifestyles, the demand for convenient, ready-to-drink beverages is expected to increase in future. This drives the need for innovative and functional beverage packaging solutions that offer convenience, portability, and ease of consumption.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 144.3 billion |
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Market CAGR |
4.1% |
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By Material |
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By Product Type |
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By Application |
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By Region |
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The global beverage packaging market size was valued at US$ 144.3 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024-2030.
Alcoa Inc., Amcor Limited, Ball Corporation, Crown HoldingsInc., Mondi plc
Asia-Pacific is the fastest-growing region for Beverage Packaging Market
The key drivers influencing the growth of the beverage packaging market include increasing beverage consumption, changing consumer preferences, the demand for convenience and on-the-go packaging solutions, and the rise of e-commerce and home delivery services.
Commonly used packaging materials in the beverage packaging industry include plastic (PET, HDPE), glass, metal (aluminum cans), and cartons (paper-based).
The major challenges faced by the global beverage packaging market include sustainability concerns, environmental regulations, fluctuating raw material costs, stringent quality control requirements, and the need for innovative and eco-friendly packaging solutions.
| 1.Executive Summary |
| 2.Global Beverage Packaging Market Introduction |
| 2.1.Global Beverage Packaging Market - Taxonomy |
| 2.2.Global Beverage Packaging Market - Definitions |
| 2.2.1.Material |
| 2.2.2.Product Type |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Beverage Packaging Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Beverage Packaging Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Beverage Packaging Market By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Plastic |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Glass |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Metal |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Other |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Beverage Packaging Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Can |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Bottle & Jars |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pouch |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Carton |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Beverage Packaging Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Alcoholic |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Non-alcoholic |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Global Beverage Packaging Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Beverage Packaging Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Plastic |
| 9.1.2.Glass |
| 9.1.3.Metal |
| 9.1.4.Other |
| 9.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Can |
| 9.2.2.Bottle & Jars |
| 9.2.3.Pouch |
| 9.2.4.Carton |
| 9.2.5.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Alcoholic |
| 9.3.2.Non-alcoholic |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Beverage Packaging Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Plastic |
| 10.1.2.Glass |
| 10.1.3.Metal |
| 10.1.4.Other |
| 10.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Can |
| 10.2.2.Bottle & Jars |
| 10.2.3.Pouch |
| 10.2.4.Carton |
| 10.2.5.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Alcoholic |
| 10.3.2.Non-alcoholic |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Beverage Packaging Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Plastic |
| 11.1.2.Glass |
| 11.1.3.Metal |
| 11.1.4.Other |
| 11.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Can |
| 11.2.2.Bottle & Jars |
| 11.2.3.Pouch |
| 11.2.4.Carton |
| 11.2.5.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Alcoholic |
| 11.3.2.Non-alcoholic |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Beverage Packaging Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Plastic |
| 12.1.2.Glass |
| 12.1.3.Metal |
| 12.1.4.Other |
| 12.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Can |
| 12.2.2.Bottle & Jars |
| 12.2.3.Pouch |
| 12.2.4.Carton |
| 12.2.5.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Alcoholic |
| 12.3.2.Non-alcoholic |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Beverage Packaging Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Plastic |
| 13.1.2.Glass |
| 13.1.3.Metal |
| 13.1.4.Other |
| 13.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Can |
| 13.2.2.Bottle & Jars |
| 13.2.3.Pouch |
| 13.2.4.Carton |
| 13.2.5.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Alcoholic |
| 13.3.2.Non-alcoholic |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Amcor |
| 14.2.2.Ardagh Group |
| 14.2.3.Crown Holdings |
| 14.2.4.Mondi Group |
| 14.2.5.Saint Gobain |
| 14.2.6.Sonoco Products Company |
| 14.2.7.Tetra Laval |
| 14.2.8.Toyo Seikan |
| 14.2.9.WestPack |
| 14.2.10.Ball Corporation |
| 14.2.11.Berlin Packaging |
| 14.2.12.Berry Global Group, Inc |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.