Consumption trends influence beverage packaging market
The global market for Beverage Packaging is projected to reach US$118.8 billion by 2017, spurred by technological developments, strong growth from developing economies, and rising levels of disposable income. In the future, compelling issues such as environmental stipulations and changing consumer requirements will drive product innovations, product development and sturdy growth.
Beverage packaging is expected to make rapid strides in terms of design in line with consumer demand for distinct packaging format, high cost efficiencies, and faster production line. In view of the changing trends, beverage marketers are likely to focus on focus on plastic bottles and pouch packaging. The shift is also driven by the need to offer lightweight packaging, improve carbon footprint, and adopt efficient manufacturing technologies in order to accelerate speed-to-market of the products. Plastics continue to maintain the lead in beverage packaging, followed by other packaging formats including glass and metal cans. Plastic Beverage Packaging remains a preferred option for beverage packaging owing to the consumer preference for single-serve portions, enhanced visual appeal, and portability. PET containers are the frontrunners in one-way container bottling sector in the plastics segment.
This report analyzes the worldwide markets for Beverage Packaging in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets.
The report profiles 124 companies including many key and niche players such as Alcoa, Inc., Amcor Limited, Ampac Packaging, LLC, Anchor Glass Container Corporation, Anheuser-Busch, Inc., Metal Container Corporation, Astrapak Ltd., Ball Corporation, Berry Plastics Corporation, Can-Pack S. A., CKS Packaging, Inc., CCL Industries, Inc., Compagnie de Saint-Gobain, Constar International, Inc., Crown Holdings, Inc., DuPont Liqui-Box Corporation, Exal Corporation, Graphic Packaging Holdings Company, Graham Packaging Company, L.P., MeadWestvaco Corporation, Owens-Illinois, Inc., Pactiv Corporation, Plastipak Packaging, Inc., Pretium Packaging LLC, Rexam Plc, RPC Group Plc, SIG Combibloc Group, Silgan Holdings, Inc., Southeastern Container, Inc., and Tetra Laval International SA. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain. Global Industry Analysts ©