DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Beverage Packaging Market: Trends Analysis & Forecasts up to 2022" report to their offering.
Plastic packaging is preferred in the beverage industry due to its benefits such as low manufacturing cost, light weight and easy to carry. There is a significant shift in the market as major players are opting for plastic packaging in place of glass. Eco-friendly recyclable materials based beverage packaging is expected to gain prominence in the near future as major beverage manufacturers are showing their intent to adopt them.
In 2015, the size of the global beverage packing market was estimated at over USD 108 billion. It is projected to grow at a CAGR of between 4% and 5% from 2016 to 2022.
Growing disposable income among consumers in developing countries and surge in consumption of beverages are likely to drive the beverage packaging market over the forecast period. Decrease in commodity prices and the unstable economic conditions in several parts of the world are the two major challenges for the major players in the market.
It is expected that the emphasis on adopting next-generation beverage packaging technologies in major markets will lead to growth in the sector. Lower crude oil prices have enabled major players in the market to make profit from the plastic based beverage packaging products in the recent past. Increase in demand for convenience beverage products presents opportunity for the manufacturers.
- Alcoa Inc ion
- Amcor Limited
- Ball Corporation
- Crown Holdings Inc
- Mondi Plc
- Rexham Plc
- Reynolds Group Holdings Limited
- Saint-Gobain S.A.
- Stora Enso Oyj
Tetra Laval International S.A.
Key Topics Covered:
2. Executive Summary
3. Global Beverage Packaging Market Overview
4. Global Beverage Packaging Market Analysis, by Application
5. Global Beverage Packaging Market Analysis, by Material
6. Global Beverage Packaging Market Analysis, by Type
7. Global Beverage Packaging Market Analysis, by Region
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/649vts/global_beverage