Lewes, DE -- (SBWire) -- 03/29/2016 --Report forecast the global soft drinks packaging market to grow at a CAGR of 3.86% during the period 2016-2020.
Soft drinks are non-alcoholic drinks that include the following segments: CSDs, juices and concentrates, ready-to-drink (RTD) tea and coffee, and functional drinks. Soft drink packaging provides product support, external environment protection, and tamper resistance. It aids in the reliable distribution of soft drinks among the value chain and reduces post-production damage. The different types of materials used in packaging of soft drinks are glass, plastic, metal, and paperboard. The application of these packaging materials is for hot beverages, packaged water, CSD, and sports and energy drinks.
The report covers the present scenario and the growth prospects of the global soft drinks packaging market for the period 2016-2020. To calculate the market size, in terms of revenue the report considers the sales of soft drinks packaging products for different end-user application.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, increased consumption of soft drinks, especially functional drinks, leads to market growth in developing nations. The popularity of packaging is also because of changing consumer tastes and lifestyles and increase in organized retail stores in these regions. Organized retail stores prefer branded packaged goods.
Further, the report states that intense competition and stringent regulations have restricted the growth of the market.
Global Soft Drinks Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Soft Drinks Packaging Market: Amcor, Ball Corporation, Crown Holding, Graham Packaging Company, Rexam, and Tetra Laval International.
Other Prominent Vendors in the market are: Allied Glass Containers, Aptargroup, Ardagh, Bemis, Can-Pack, CCL Industries, CKS Packaging, DS Smith, Evergreen Packaging, Genpak, Mondi Group, Owens-Illinois (O-I), Silgan Holdings, Sonoco Products, and Stora Enso.
Market driver
- Increase in beverage consumption in developing countries
- For a full, detailed list, view our report
Market challenge
- Stringent regulations
- For a full, detailed list, view our report
Market trend
- Focus on lightweight packaging
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 77 pages and 42 Exhibit "Global Soft Drinks Packaging Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by packaging application, Market segmentation by material, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-soft-drinks-packaging-market-2016-2020
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