Global Beverage Containers Market Is Expected to Reach 69000 Million US$ by the End of 2025, Growing at a CAGR of 3.0% During 2019-2025
Pune, India -- (SBWire) -- 03/25/2019 --"Global Beverage Containers Market Research Report 2019" is a professional and incisive analysis on the market dynamics of the Beverage Containers industry and future growth prospects of the key market players across the globe. The study offers detailed quantitative and qualitative analysis of the industry by offering an overview of key market conditions and statistics on market estimations. An in-depth insight into the industry overview is offered in the study in terms of product definition and classification, applications analysis and manufacturing technology. The market participants can going through the study explore the profile of international market players in terms of their capacity utilization, market shares of the major segments, growth opportunities and challenges they need to overcome to gain a foothold in the market. Using extensive survey methods and research tools the report takes a closer look at the supply & demand analysis, import & export analysis, cost-profit analysis along with offering key market conditions across various geographical regions.
Metal containers, the second leading beverage container type in unit terms due to widespread use in the sizable soft drink and beer markets, will register minimal growth as a result of declining soft drink and beer production. However, good prospects are expected in fast-growing beverages such as energy drinks and eight-ounce soft drink cans. Demand for aluminum bottles will increase rapidly from a low base due to their upscale appearance, which provides a key element of product differentiation. Glass container demand will expand modestly, helped by the entrenched position of bottles in wine packaging and robust gains in markets such as RTD tea and other nonalcoholic RTD beverages, where glass? premium image continues to be a marketing advantage. Demographic trends, particularly above-average growth in the 55 and over population, an important wine cohort, will also aid glass container demand. Declining demand for paperboard containers will stem from continued supplantation of gabletop cartons by plastic bottles and aseptic cartons by pouches. However, healthy growth for soymilk, which utilizes a significant amount of paperboard containers, will boost demand. Additionally, bag-in-box wine containers will see robust gains based on their convenience and ongoing efforts to improve their image.
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Flourishing demand for alternatives to the carbonated drinks along with increasing consumer preferences for single serving containers is expected to drive beverage containers market growth over the forecast period. In addition, these containers also assist in minimizing post production damage which is further expected to fuel the industry demand. However, the industry is likely to gain its potential due to intense expansion of the energy and specialty drinks industry along with product innovations such as shaped and vented cans. In addition, inroads by cans in the craft beer market are estimated to support the beverage container market demand. Robust increase in demand for aluminium bottles can be subjected to the upscale appearance as well as product differentiation offered in beer industry. Asia Pacific beverage containers market size accumulated around 34% of the overall industry share in 2014. The surge in the industry is due to increasing demand for glass bottles from beer industry in the region over the forecast period.
The global Beverage Containers market is valued at 54500 million US$ in 2018 is expected to reach 69000 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025.
This report focuses on Beverage Containers volume and value at global level, regional level and company level. From a global perspective, this report represents overall Beverage Containers market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Tetra Laval International
Stora Enso Oyj
Owens-Illinois
Crown Holdings
Mondi
Amcor Limited
Reynolds Group Holdings Limited
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Plastic
Metal
Glass
Paperboard
Segment by Application
Carbonated Soft Drinks
Bottled Water
Milk
Fruit Beverages
Sports Beverages
Ready-To-Drink Tea
Enhanced Water
Beer
Wine
Distilled Spirit
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