Global Beverage Containers Market 2015-2019

Outlook of the beverage container market

The demand for container products is growing on account of an increase the global consumption of beverages. In terms of volumes, the beverage container market is expected to reach more than 1000 billion units until 2019. Innovation in product design is driving the demand for high value-added packaging products and solutions.

The market is expected to witness a slow growth rate due to a shift in purchasing patterns. One of the challenges hindering the growth of the leading vendors is the increased competition from alternative forms of packaging such as flexible packaging and paperboard cartons. These are light weight and are fast gaining popularity among manufacturers because of the low costs involved. However, single-serve PET water bottles are expected to witness remarkable growth during the forecast period.

Key regions for the beverage container market

The key regions include: -

• APAC
• Europe
• North America
• ROW

One of the key factors inducing growth in the beverage container market is the increase in the demand from countries in the APAC region such as China and South Korea. The market is also witnessing a surge in the demand from the markets of South America and Eastern Europe. The F&B industry in these markets is booming and in turn is fueling the growth of the beverage container market.

Leading vendors of the beverage container market     

• Amcor
• Bali
• Crown
• Rexam

There is increased competition in the market that has led to an increase in mergers and acquisitions. The leading vendors in the market are looking to increase their spending on R&D to counter the competitive threat from vendors in APAC. A deal announced in February 2015 between Rexam and Bali is expected to create a global leader in metal beverage packaging that will be better positioned to cater to customers in Europe, North America, and Latin America.

The other prominent vendors in the market include Ardagh, BWAY, CAN-PACK, Clacor, CPMC, HUBER, Kian Joo, Kingcan, Silgan, Sonoco, and Toyo Seikan.

Key trends in the beverage container market

There is an increased focus on light weighting in the beverage container industry. It involves redesigning of packaging materials to reduce the weight of containers, thus making it easier to carry. In February 2015, Amcor launched lightweight, hot-fill beverage bottles for its client Agua Eneriva. These cans contain 25% recycled aluminum and are 10% lighter than other cans. The company also estimates a reduction of 19,000 tons of aluminum each year due to their efforts.

The Plastic packaging segment is popular for rigid as well as flexible packaging, and has increased its market shares over the other packaging materials in the market. High-speed bottling lines and declining prices of plastic resins have also benefited plastic packaging manufacturers by enabling to price their products competitively.

Market segmentation of the beverage container market by materials

• Rigid plastic
• Glass
• Metal

Owing to a change in customer preferences worldwide, the market share of the glass segment is expected to decline in the years to come. However, it will yet remain as a popular choice for packaging high-end products.

Other sections of the report include an analysis of the following

• Key buying criteria for consumers of beverage containers
• Growing demand for single-serve beverages
• Key drivers, challenges, and trends and their impact on the beverage container market
• Five forces analysis of the beverage container market
• SWOT analysis of the leading companies in the beverage container market

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