Market Growth : Non-alcoholic Beverage Packaging Market Globally Grow at a CAGR of 5.25% by 2021
Beverage packaging provides product support, tampering resistance, and protection from the external environment to beverages. This packaging helps in the distribution of beverages in a secure manner among the value chain and decreases the chances of post-production damage.
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Primary packaging is an essential part of the marketing mix as it attracts consumers to buy products. Non-alcoholic beverage packaging encases beverages that do not have alcohol content. Non-alcoholic drinks include CSDs, juices, RTD tea and coffee, and functional drinks. The above exhibit represents a brief idea of different categories of beverages.
Technavios analysts forecast the global non-alcoholic beverage packaging market to grow at a CAGR of 5.25% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global non-alcoholic beverage packaging market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of non-alcoholic beverage packaging products made from different materials, including plastic, metal, glass, and other packaging materials. The other packaging materials includes raw materials such as paper and metal foils.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Non-alcoholic Beverage Packaging Market 2017-2021, 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 vendors
Amcor
Ball Corporation
BEMIS
Crown Holdings
O-I
Other prominent vendors
Allied Glass
AptarGroup
Ardagh Group
Can Pack Group
CCL
CKS Packaging
Evergreen Packaging
Genpak
HUBER Packaging
International Paper
Kian Joo
Mondi
Parksons
Silgan Holdings
Tetra Pak
Market driver
Increasing popularity of adult soft drinks
For a full, detailed list, view our report
Market challenge
Countries increasingly imposing tax on sugary drinks
For a full, detailed list, view our report
Market trend
Rising popularity of eco-friendly packaging options
For a full, detailed list, view our report
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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?
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