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2019

Beverage Packaging Market

Beverage Packaging Market Size, Share, Competitive Landscape and Trend Analysis Report by Packaging Material (Glass, Metal, Plastic and Paperboard), Beverage Type (Alcoholic Beverages and Non-Alcoholic Beverages), and Packaging Type (Bottle, Can, Cartons and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

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Author's: Amar Chinchane | Sonia Mutreja
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Beverage Packaging Market Outlook - 2026

The global beverage packaging market size is expected to reach $133.3 billion in 2026, from $86.1 billion in 2018, growing at a CAGR of 5.6% from 2019 to 2026. Beverage packaging is a substantial part of the ever-growing beverage industry. The packaging of beverages is a complex process and the diversification of beverages such as alcoholic or non-alcoholic, require different materials and containers. Proper design and adoption of a beverage package extends the shelf life of the beverage, is convenient for the users, and saves the material costs regarding wastage. Moreover, the packaging materials utilized for beverages are glass, polymers, metals, paperboards along with their combinations. The utilization of different materials is decided as per the shelf life of the beverage, the chemical composition of the beverage and the value of the beverage that is to be packaged.

The improvement in lifestyles of the population and the increase in per capita incomes mainly in the developing economies boost the consumption of packaged beverages and thereby, fuels the demand for better and convenient packaging technologies. The convenience factor in the beverage packaging industry allows less wastage during dispensing, reseal ability, portability, and light weight of the container which assists in saving costs and thereby drives the market of beverage packaging.

Beverage Packaging Market

Moreover, the increasing per capita incomes and declining quality of tap water mainly in urban areas is leading to the growth in consumption of bottled water or packaged water globally. The bottled water market is one of the fastest growing markets and thereby, propels the growth of packaging required for manufacturing of bottled water. Furthermore, increased adoption of automation in the packaged beverage manufacturing process has improved the quality of manufacturing and decreased the production times. These factors lead to overall growth of the beverage packaging market

Beverage Packaging Market
By Beverage Type
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Non-Alcoholic segment is projected to grow at a significant CAGR

Conversely, rising concerns about obesity and high sugar intake, is leading many governments to implement plain packaging strategies. The plain packing applies to implementation of unattractive colors and images to reduce the consumption of unhealthy drinks such as sodas, alcohols, and sugary drinks. The plain packaging is expected to hamper the market and thereby, restrain its growth during the forecast period. However, introduction of bio-plastics for beverage packaging and increase in advancements for plastic alternatives is projected to create lucrative opportunities for the beverage packaging market growth. The bio-plastic alternatives also known as bio-PET are polymers manufactured using plant-based materials instead of the petroleum-based materials. This enables the bio-PET containers to degrade and reduce the plastic pollution.

Beverage Packaging Market
By Packaging Type
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Bottles segment holds dominant position in 2018

Moreover, ongoing research regarding use of recycled plastic to replace virgin plastic containers will help the beverage packaging companies to maintain environmental sustainability as well as save expenses on procurement of new polymer materials, and thereby, boost the beverage packaging market during the forecast period.

The non-alcoholic beverages segment of the market accounted for over half of the global market share in 2018, owing to rise in consumption from developed economies such as France, Ireland, the U.S., Australia, and others. The paperboard and cartons segment is expected to witness rapid growth by 2026, owing to increased requirement of alternatives for plastic packaging.

Beverage Packaging Market
By Material Type
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Plastic segment holds dominant position in 2018

The global beverage packaging market is segmented on the basis of packaging material, beverage type, packaging type, and region. By packaging material, the market is divided into glass, metal, plastic, and paperboard. The paperboard segment is anticipated to dominate the market in the coming years, owing to rise in its adoption in packaging and constant innovations to overcome the plastic pollution. By beverage type, it is classified into alcoholic beverages and non-alcoholic beverages. The non-alcoholic beverage segment is projected to dominate the global market during the forecast period. By packaging type, the market is classified into bottles, cans, cartons, and others. The others segment includes pouches and bag-in-box type of packaging. The bottles segment has the highest contribution to the total beverage packaging market share.

The global beverage packaging market is analyzed across four geographical regions that include North America (the U.S., Canada, and Mexico), Europe (The UK, Germany, France, Italy, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to account for the largest market share throughout the study period and LAMEA is expected to grow at the fastest rate, based on the beverage packaging market analysis.

Beverage Packaging Market
By Region
2026
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific holds a dominant position in 2018.

Competition Analysis

The key market players profiled in the report include Amcor plc, Ball Corporation, Crown Holdings, Inc., Mondi plc, Orora Limited, Reynolds Group Holdings Limited, SIG Combibloc Group AG, Smurfit Kappa Group plc, Stora Enso Oyj, and Tetra Laval International S.A.

Many competitors in the beverage packaging market have adopted product launch as their key developmental strategy to expand their product portfolio of recyclable beverage packages. For instance, in July 2019, the company SIG launched SIGNATURE PACK 100 in France. The SIGNATURE PACK 100 is an aseptic carton, which is aluminum free and is made with plant-based and 100% biodegradable polymers.

Similarly, in August 2019, Amcor developed new range of polyethylene terephthalate (PET) bottles for the Age’s Salzburg craft beer brand in Brazil. The new bottle provides four months shelf life and provides 100% recycling in the existing recycling techniques. The bottle features glass-like look and has a metal crown to make it more attractive to the customers.

Key Benefits for Beverage Packaging Market:

  • The report provides an extensive analysis of the current and emerging global beverage packaging market trends and dynamics.  
  • In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2018 and 2026. 
  • A comprehensive analysis of all the regions is provided to determine the prevailing beverage packaging market opportunities.
  • Extensive analysis of the global market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • The global beverage packaging market forecast analysis from 2019 to 2026 is included in the report.
  • The key market players within the beverage packaging market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry. 

Key Market Segments:

By Packaging Material

  • Glass
  • Metal
  • Plastic
  • Paperboard

By Beverage Type

  • Alcoholic Beverage
  • Non-Alcoholic Beverage

By Packaging Type 

  • Bottles
  • Cans
  • Carton
  • Others (Pouches and Bag-in-Box)

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia 
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Amcor plc, Ball Corporation
  • Crown Holdings, Inc
  • Mondi plc
  • Orora Limited
  • Reynolds Group Holdings Limited
  • SIG Combibloc Group AG
  • Smurfit Kappa Group plc
  • Stora Enso Oyj
  • Tetra Laval International S.A.

Beverage Packaging Market Report Highlights

Aspects Details
Beverage Packaging Market By Packaging Material
By Packaging Material
  • Glass
  • Metal
  • Plastic
  • Paperboard
Beverage Packaging Market By Beverage Type
By Beverage Type
  • Alcoholic Beverage
  • Non-Alcoholic Beverage
Beverage Packaging Market By Packaging Type
By Packaging Type
  • Bottles
  • Cans
  • Carton
  • Others (Pouches and Bag-in-Box)
Beverage Packaging Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players
Key Market Players

Mondi plc, Orora Limited, Ball Corporation, Stora Enso Oyj, Amcor plc, Smurfit Kappa Group plc, Reynolds Group Holdings Limited, Tetra Laval International S.A., SIG Combibloc Group AG, Crown Holdings, Inc

Analyst Review

The global beverage packaging market accounts for high potential in the non-alcoholic beverages segment. The current business scenario experiences rapid innovations and developments in the non-alcoholic beverages segment, mainly owing to the consumer preferences toward healthier drinks. Also, the beverage manufacturers are producing drinks with added vitamins and nutrients, to sustain the trend of healthy beverage alternatives. This trend motivates the packaging manufacturers to develop new attractive packages with abilities to preserve the nutrient content of the beverage.

The increased consumption of bottled water, the popularity of convenience packaging, and increased adoption of automation in the beverage package manufacturing is driving the growth of the beverage packaging industry. However, implementation of plain packaging for alcoholic and sugary beverages is projected to restrain the market growth. Moreover, introduction of bio-plastics and use of recycled plastic as an alternative to virgin plastic packaging are expected to increase the productivity of the beverage packaging manufacturing players and create lucrative opportunities for the growth of the market. 

Based on region, Asia-Pacific accounts for the highest revenue in the global beverage packaging market during the forecast period followed by Europe, North America and LAMEA.

The key players in the market have focused on product launch and product developments to strengthen their foothold in the beverage packaging industry. For instance, in August 2019, the company Amcor developed new range of polyethylene terephthalate (PET) bottles for the Age’s Salzburg craft beer brand in Brazil. The new bottle provides four months shelf life. Also, the bottle can be fully recycled in the pre-existing recycling machinery. The bottle features glass-like look and has a metal crown. Similarly, in July 2019, SIG Combibloc Group AG launched SIGNATURE PACK 100 in France. The pack is an aseptic carton that is aluminum-free with polymer made from plant-based renewable material. The product is launched by the company Candia that provides packed dairy products. Moreover, the companies such as Orora Limited, acquired local packaging manufacturers such as Pollock Packaging, headquartered in Texas, U.S., to increase its geographical presence and enhance its product portfolio.
 

Author Name(s) : Amar Chinchane | Sonia Mutreja
Frequently Asked Questions?

The beverage packaging market is expected to reach $133.3 billion by 2026.

Growth in demand for convenience packaging, and rise in consumption of bottled water drives the growth of beverage packaging market.

The report sample for beverage packaging market report can be obtained on demand from the website.

Surge in adoption of automation in the production of beverage packaging is the emerging trend in the beverage packaging market.

Acquisition and product launch are the key growth strategies of beverage packaging market players.

The statistical data of the top market players of beverage packaging market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the beverage packaging industry.

Asia-Pacific will provide more business opportunities for beverage packaging market in coming years.

Amcor plc, Ball Corporation, Crown Holdings, Inc, Mondi plc, Orora Limited, Reynolds Group Holdings Limited, SIG Combibloc Group AG, Smurfit Kappa Group plc, Stora Enso Oyj, and Tetra Laval International S.A.

Based on beverage type, the non-alcoholic segment holds the maximum share of the beverage packaging market.

The manufacturer of glass, metal, polymers and paperboard are the potential customers of beverage packaging industry.

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Beverage Packaging Market

Global Opportunity Analysis and Industry Forecast, 2019-2026