Posted in | Packaging

Global Trends in the Beverage Packaging Market

Research and Markets has announced the addition of the "Beverage Packaging Market by Beverage Types, Packaging Types & Material - Global Trends & Forecast To 2018" report to their offering.

The global beverage market has made few strides in terms of value to regain the volumes lost during the economic slowdown. However, the global beverage packaging market has grown considerably in the last few years and is expected to grow at a faster pace. Factors such as growing consumer preferences towards consuming conveniently packaged beverages and increasing innovations in the beverage packaging industry that help drive the costs down are the main drivers which drive the market for beverage packaging.

The global beverage packaging market revenue was $97.2 billion in 2012 and is expected to grow at a reasonable CAGR in the future. The beverage sector driven by population growth and rising disposable incomes drives the beverage packaging market. The market was dominated by the non-alcoholic drinks segment that is comprised of packaged water and carbonated soft drinks packaging both in terms of value and volume. Plastic was the dominant raw material used to package beverages in all segments. Glass, though declining, still holds a strong share in packaging high-end alcoholic beverages.

Though the global beverage packaging market is largely driven by bottle usage, consumers' push for convenient packaging would result in the growth of the pouch and carton market. These novel pack types with varying sizes and innovative closures are expected to gain momentum in the near future. Non-alcoholic beverages have been dominant in the case of beverage sector scope. However, demand for dairy beverage packaging is set to exhibit a strong growth as the consumption of liquid dairy products is increasing.

The beverage packaging market consists of various stake holders, such as packaging manufacturers, beverage manufacturers, and raw material suppliers. Key industry players increase their business and consolidate their presence by pursuing mergers and acquisitions in attractive markets The key players held a one-fourth share that depicts participation of a large number of players in this market. This fragmented industry structure is primarily due to the availability of a number of pack types and raw materials used to package beverages.

Companies Mentioned:

  • Alcoa
  • Alpla Werke
  • Amcor
  • Ardagh Packaging Holdings LTD
  • Ball Corporation
  • Constar International LLC
  • Crown Holdings InNC.
  • Hindustan National Glass & Industries Limited
  • Mondi Group
  • Mossi And Ghisolfi Group
  • Owens-Illinois INC.
  • Plastipak Packaging INC.
  • Rexam
  • Reynolds Group Holdings Limited
  • Rpc Group PLC.
  • Saint-Gobain Group
  • Silgan Holdings INC.
  • Sisecam Group
  • Sonoco Products CO.
  • Stora Enso
  • Tetra Laval Groups

For more information visit http://www.researchandmarkets.com/research/7v2cp9/beverage

Source: http://www.researchandmarkets.com/

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