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Beverage Packaging Market Trends

Report ID: GMI3820
Published Date: Aug 2023
Report Format: PDF

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Beverage Packaging Market Trends

Sustainability continues to be a major trend in the beverage packaging industry. Consumers are increasingly conscious of environmental issues and are demanding eco-friendly packaging solutions. Beverage companies are adopting recyclable materials, biodegradable packaging, and lightweighting initiatives to reduce their carbon footprint. The demand for single-serve and on-the-go beverage packaging formats is on the rise. Consumers seek convenience and portability in their beverage consumption, leading to increased demand for bottles, cans, pouches, and cartons suitable for quick consumption.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of beverage packaging was exceeded USD 152.7 billion in 2022 and will reach USD 265.8 billion by 2032, owing to the increasing consumption of beverages

Bottles segment held around 40% share of the beverage packaging market in 2022 and will grow at a lucrative pace through 2032 as these bottles provide ease of use and portability, making them suitable for on-the-go consumption.

U.S. beverage packaging market size was valued at USD 35.4 billion in 2022 and will expand at a significant pace from 2023 to 2032 as the overall demand for beverage packaging is closely tied to the consumption of beverages.

Owens-Illinois, Inc., AptarGroup, Inc., Graham Packaging Company, SIG Combibloc Group AG, Huhtamaki Group, Plastipak Holdings, Inc., Berry Global Group, Inc., DS Smith Plc, WestRock Company.