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Beverage Packaging Market by Material, Product and Geography - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 176
  • SKU: IRTNTR44911
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Beverage Packaging market growth will increase by $101.59 billion during 2023-2027.
The beverage packaging market is expected to grow at a CAGR of 7.03% during 2023-2027.
Technavio has segmented the beverage packaging market by material (Rigid plastics, Glass, Metal, and Others) ,product (Alcoholic beverages, Non-alcoholic beverages, Dairy beverages, South America, and MEA) , and geography (APAC, Europe, North America, South America, and Middle East and Africa).
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, WestRock Co. are a few of the key vendors in the beverage packaging market.
APAC will register the highest growth rate of 46.7% among the other regions. Therefore, the beverage packaging market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the beverage packaging market growth are:
  • Rising consumption of bottled water
  • Rising demand for functional drinks
The beverage packaging market vendors should focus on grabbing business opportunities from the Rigid plastics segment as it accounted for the largest market share in the base year.
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