Beverage packaging market size set to grow by USD 101.59 billion between 2022 and 2027, Historic market size valued at USD 202.94 bn from 2017 to 2021 - Technavio
NEW YORK, Feb. 28, 2023 /PRNewswire/ -- The global beverage packaging market is expected to grow by USD 101.59 billion from 2022 to 2027, as per Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 7.03% during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, historic (2017 to 2021) and forecast market size (2023 to 2027) - View a sample report
Some of the key beverage packaging players:
Amcor Plc - The company offers beverage packaging such as plastic bottles, jars, canisters, single-serve coffee capsules, pods, bags, and pouches.
Ardagh Group SA - The company offers beverage packaging such as beer bottles, glass containers, and beverage bottles.
Ball Corp. - The company offers beverage packaging such as beverage cans and beverage bottles.
Berry Global Group Inc. - The company offers beverage packaging such as plastic beverage bottles, closures, and caps.
Compagnie de Saint Gobain SA - The company offers beverage packaging such as plastic beverage bottles.
Market scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gift card market report covers the following areas:
Beverage packaging market material outlook (Revenue, USD bn, 2022-2027)
Rigid plastics - size and forecast 2022-2027
Glass - size and forecast 2022-2027
Metal - size and forecast 2022-2027
Others - size and forecast 2022-2027
The rigid plastics segment will account for a significant market growth share during the forecast period. Some rigid plastics frequently used in beverage packaging are PET, polystyrene, and polypropylene (PP). Buyers prefer rigid plastic due to its advantages, such as low weight. In addition, as rigid plastic is shatterproof and flexible, it can be molded into various shapes and sizes. Such factors will drive the segment's growth during the forecast period.
Beverage packaging market product outlook (Revenue, USD bn, 2022-2027)
Alcoholic beverages - size and forecast 2022-2027
Non-alcoholic beverages - size and forecast 2022-2027
Dairy beverages - size and forecast 2022-2027
Beverage packaging market geography outlook (Revenue, USD bn, 2022-2027)
APAC - size and forecast 2022-2027
Europe - size and forecast 2022-2027
North America - size and forecast 2022-2027
South America - size and forecast 2022-2027
Middle East and Africa - size and forecast 2022-2027
APAC is estimated to account for 47% of the growth of the global market during the forecast period. The consumption of packaged beverages is expected to grow in the region during the forecast period. In emerging countries, people are expected to opt for packaged beverages such as bottled and canned water instead of tap water owing to factors such as the rising disposable income of the population and an increase in the average temperature. Countries such as China, India, Indonesia, and Thailand will account for over half of the growth in beverage consumption. Moreover, some vendors are expanding their product portfolios by launching new variants of packaged beverages, which, in turn, will drive the regional market growth during the forecast period.
Get a glance at the market contribution of various segments including country and region wise , historic (2017 to 2021) and forecast market size (2023 to 2027) Download an exclusive sample report
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Beverage Packaging Market Scope | |
Report Coverage | Details |
Base year | 2022 |
Historic period | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.03% |
Market growth 2023-2027 | USD 101.59 billion |
Market structure | Fragmented |
YoY growth 2022-2023(%) | 5.72 |
Regional analysis | APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution | APAC at 47% |
Key countries | US, China, Japan, India, Germany, Canada, Mexico, Italy,Spain, Japan, Australia, and South Korea |
Competitive landscape | Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
Key companies profiled | Amcor Plc, Ardagh Group SA, Ball Corp., Berlin Packaging LLC, Berry Global Group Inc., CANPACK SA, Compagnie de Saint Gobain SA, Crown Holdings Inc., DS Smith Plc, Mondi plc, O I Glass Inc., Pactiv Evergreen Inc., SIG Group AG, Silgan Holdings Inc., Smurfit Kappa Group, Stora Enso Oyj, Tetra Laval S.A., Toyo Seikan Group Holdings Ltd., Vidrala SA, and WestRock Co. |
Market dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global beverage packaging market 2017 - 2021
4.2 Material Segment Analysis 2017 - 2021
4.3 Product Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Material
6.1 Market segments
6.2 Comparison by Material
6.3 Rigid plastics - Market size and forecast 2022-2027
6.4 Glass - Market size and forecast 2022-2027
6.5 Metal - Market size and forecast 2022-2027
6.6 Others - Market size and forecast 2022-2027
6.7 Market opportunity by Material
7 Market Segmentation by Product
7.1 Market segments
7.2 Comparison by Product
7.3 Alcoholic beverages - Market size and forecast 2022-2027
7.4 Non-alcoholic beverages - Market size and forecast 2022-2027
7.5 Dairy beverages - Market size and forecast 2022-2027
7.6 Market opportunity by Product
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
9.4 Europe - Market size and forecast 2022-2027
9.5 North America - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 China - Market size and forecast 2022-2027
9.9 US - Market size and forecast 2022-2027
9.10 Japan - Market size and forecast 2022-2027
9.11 Germany - Market size and forecast 2022-2027
9.12 India - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Amcor Plc
12.4 Ardagh Group SA
12.5 Ball Corp.
12.6 Berry Global Group Inc.
12.7 Compagnie de Saint Gobain SA
12.8 Crown Holdings Inc.
12.9 DS Smith Plc
12.10 Mondi plc
12.11 O I Glass Inc.
12.12 Pactiv Evergreen Inc.
12.13 Silgan Holdings Inc.
12.14 Smurfit Kappa Group
12.15 Tetra Laval S.A.
12.16 Toyo Seikan Group Holdings Ltd.
12.17 WestRock Co.
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
About Technavio
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