Packages are used according to beverages that are served. The non-alcoholic drinks are mostly served in bottles. The growing consumption of non-alcoholic beverages is expected to rise the demand for bottles in beverage packaging. In addition, growing adoption for biodegradable, recyclable, and compostable packaging material from the manufacturers is driving the market growth.
MARKET DYNAMICS
The growing consumption of non-alcoholic and dairy beverages is driving the market growth. According to the FAO's statistics, in 2020 the global milk production has peaked around 906 million tons, which increased by 2% from 2019. The ongoing developments in the industry to bring recyclable and sustainable packaging solutions in place of plastic is further fueling the market outlook in the coming years. Growing awareness among fitness lovers for consuming non-alcoholic beverages is also augmenting the market growth over the forecast period.
MARKET SCOPE
The "Global Non-Alcoholic Beverage Packaging Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the non-alcoholic beverage packaging market with detailed market segmentation by type, and application. The global non-alcoholic beverage packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading non-alcoholic beverage packaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global non-alcoholic beverage packaging market is segmented into type, and application. By type, the non-alcoholic beverage packaging market is segmented into rigid packaging and flexible packaging. By application, the non-alcoholic beverage packaging market is segmented into carbonated soft drinks, juices, ready-to-drink tea and coffee, functional drinks, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global non-alcoholic beverage packaging market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The non-alcoholic beverage packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the non-alcoholic beverage packaging market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the non-alcoholic beverage packaging market in these regions.
MARKET PLAYERS
The report covers vital developments in the non-alcoholic beverage packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the non-alcoholic beverage packaging market are anticipated to witness lucrative growth opportunities in the future with the rising demand for non-alcoholic beverage packaging market in the global market. Below mentioned is the list of few companies engaged in the non-alcoholic beverage packaging market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the non-alcoholic beverage packaging market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
1. Allied Glass
2. Amcor plc
3. AptarGroup, Inc.
4. BALL CORPORATION
5. CCL Industries
6. Crown Holdings, Inc.
7. Pactiv Evergreen Inc.
8. Genpak, LLC
9. International Paper
10. Parksons Packaging Ltd.