Beverage Container Market Size

Beverage Container Market Size

The global beverage container market was valued at USD 245.4 billion in 2024 and is estimated to grow at a CAGR of 5.2% to reach USD 407.2 billion by 2034. The growth of the market is attributed to factors such as consumer’s preference towards healthy lifestyles and the increasing demand for convenient and on-the-go beverage consumption.
 

The shift in consumer’s preference towards healthier lifestyles is driving significant growth in the beverage container market. Consumers are constantly moving away from sugar and carbonated drinks towards healthier alternatives such as plant-based beverages and fruit juice, which demands reliable beverage containers for extended shelf life and to preserve freshness. Moreover, sustainable and eco-friendly packaging further cater to consumers preferring healthy lifestyles as they offer chemical-free packaging while reducing significant impact over the environment, further fuels the demand for sustainable beverage containers.
 

This healthier lifestyle approach among consumers is expected to create new opportunities for container manufacturers are they can focus on development of advanced packaging solution such as UV-blocking materials that has better barrier properties that aid in increasing product shelf-life. This will help them attract plant based & fruit juice beverage manufacturers. 
 

Increasing consumers preference for on-the-go beverages is resulting in increase in demand for recyclable beverage containers which is a major factor expected to support the growth of target market.
 

Rapid urbanization and busy lifestyle, consumer preference towards ready-to-drink beverages is increasing as they provide portability and aid in on-the-go consumptions. For instance, according to a Statista, 274 billion liter of packed beverage was consumed in China, and it is predicted to surpass 306 billion liter by 2026. Several manufacturers are adopting recyclable can, paperboard, and pouches to cater the growing demand for single serve and on-the-go beverages, fuelling the demand for market.
 

The surge in consumption of alcohol is one of the major growth factor expected to drive the beverage container market. For instance, according to IBEF, the alcohol market in India accounted for USD 52.4 billion in 2024 and is expected to reach USD 64 billion by 2030. Aluminium cans and glass bottles are gaining rapid traction in alcohol industry as they provide premium packaging, reducing environmental impacts and meet regulatory requirements. Moreover, manufacturers are focusing on unique design and lightweight glass bottle propels the growth of market.