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Non-alcoholic Beverage Packaging Market Trends

Report ID: GMI5465
Published Date: Mar 2023
Report Format: PDF

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Non-alcoholic Beverage Packaging Market Trends

The volatile costs of raw materials and the deployment of strict environmental regulations may restrain the non-alcoholic beverage packaging market outlook. Raw material price volatility is a major constraint for the industry players along with higher labor expenses. Additionally, the ongoing sophistication of packaging technologies has compelled companies to invest heavily in initial installation and maintenance. Hence, the volatile commodity costs may hamper the production of non-alcoholic beverages.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of non-alcoholic beverage packaging crossed USD 50 billion in 2022 and is anticipated to expand at 6.9% CAGR from 202 to 2032.

The rigid packaging solutions are expected to account for more than 88% of the non-alcoholic beverage packaging industry share by 2032 due to increasing demand for instant tea and coffee.

North America market is poised to reach USD 30.5 billion by 2032 owing to the surging consumption of non-alcoholic beverages in the U.S.

Ball Corporation, Tetra Pak, Mondi PLC, International Paper, Verallia, Radius Packaging, Airlite Plastics Co, Smurfit Kappa, and CCL Industries are some of the key participants in the non-alcoholic beverage packaging business.