Global Nordic Beverage Packaging Market Size Study, by Material Type, Beverage Type, Closure Type, Capacity and Regional Forecasts 2022-2032

Description

The Global Nordic Beverage Packaging Market is projected to reach USD 4.89 billion by 2032, growing from USD 2.72 billion in 2023, expanding at a CAGR of 6.73% during the forecast period. With an increasing emphasis on sustainability and eco-friendly solutions, the Nordic region is experiencing a paradigm shift in beverage packaging technologies. The surge in demand for lightweight, recyclable materials like plastic and paperboard is driven by both consumer awareness and stringent regulatory frameworks.

As consumer preferences in the region evolve, the market is witnessing a robust uptake in innovative beverage packaging formats. Glass and metal packaging, known for their premium appeal, are making significant inroads in the alcoholic beverages segment. Conversely, paperboard and plastic packaging dominate the non-alcoholic sector due to their cost-effectiveness and versatility. Advancements in closure technologies, including corks and screw caps, are further enhancing convenience and functionality, catering to diverse consumer needs.

Despite notable growth, challenges such as fluctuating raw material prices and the need for sophisticated recycling infrastructure remain. However, the collaboration between manufacturers and policymakers is fostering advancements in circular packaging systems, reducing waste and creating sustainable growth opportunities. As investments in R&D escalate, innovations like biodegradable materials and smart packaging solutions are redefining the competitive landscape.

Regionally, Scandinavia remains at the forefront of the beverage packaging industry, driven by high per capita beverage consumption and proactive governmental initiatives to curb carbon footprints. Meanwhile, emerging markets across the Nordics are expected to exhibit the fastest growth, bolstered by urbanization, rising disposable incomes, and a preference for sustainable packaging solutions.

Major market players included in this report are:

Tetra Pak International S.A.
Stora Enso Oyj
Ardagh Group S.A.
Amcor plc
Ball Corporation
Crown Holdings, Inc.
Owens-Illinois, Inc.
Mondi Group
Smurfit Kappa Group
Huhtamaki Oyj
DS Smith Plc
WestRock Company
Verallia
UPM-Kymmene Corporation
AptarGroup, Inc.

The detailed segments and sub-segments of the market are explained below:

By Material Type:

Plastic
Glass
Metal
Paperboard

By Beverage Type:

Alcoholic Beverages
Non-Alcoholic Beverages

By Closure Type:

Screw Caps
Crown Caps
Corks
Sing-On Closures

By Capacity:

Less than 100ml
100ml-500ml
500ml-1L
More than 1L

By Region:

North America:

U.S.
Canada

Europe:

Denmark
Finland
Sweden
Norway
Iceland

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Comprehensive analysis and forecasts spanning a decade with insights into regional trends.
Detailed examination of competitive dynamics and strategies adopted by leading market players.
Recommendations for stakeholders to leverage market opportunities effectively.
Insights into the impact of sustainability and regulatory policies on the beverage packaging landscape.
An in-depth understanding of demand-side and supply-side dynamics shaping the Nordic beverage packaging market.

Chapter 1. Global Nordic Beverage Packaging Market Executive Summary

1.1. Global Nordic Beverage Packaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material Type
- 1.3.2. By Beverage Type
- 1.3.3. By Closure Type
- 1.3.4. By Capacity
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Nordic Beverage Packaging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Nordic Beverage Packaging Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand for Sustainable Packaging
- 3.1.2. Innovations in Material Science
- 3.1.3. Growing E-commerce and Direct-to-Consumer Models
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Need for Sophisticated Recycling Infrastructure
3.3. Market Opportunities
- 3.3.1. Collaboration Between Manufacturers and Policymakers
- 3.3.2. Advancements in Circular Packaging Systems
- 3.3.3. Investments in R&D for Biodegradable and Smart Packaging Solutions

Chapter 4. Global Nordic Beverage Packaging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Nordic Beverage Packaging Market Size & Forecasts by Material Type 2022-2032

5.1. Segment Dashboard
5.2. Global Nordic Beverage Packaging Market: Material Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Plastic
- 5.2.2. Glass
- 5.2.3. Metal
- 5.2.4. Paperboard

Chapter 6. Global Nordic Beverage Packaging Market Size & Forecasts by Beverage Type 2022-2032

6.1. Segment Dashboard
6.2. Global Nordic Beverage Packaging Market: Beverage Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Alcoholic Beverages
- 6.2.2. Non-Alcoholic Beverages

Chapter 7. Global Nordic Beverage Packaging Market Size & Forecasts by Closure Type 2022-2032

7.1. Segment Dashboard
7.2. Global Nordic Beverage Packaging Market: Closure Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Screw Caps
- 7.2.2. Crown Caps
- 7.2.3. Corks
- 7.2.4. Sing-On Closures

Chapter 8. Global Nordic Beverage Packaging Market Size & Forecasts by Capacity 2022-2032

8.1. Segment Dashboard
8.2. Global Nordic Beverage Packaging Market: Capacity Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Less than 100ml
- 8.2.2. 100ml-500ml
- 8.2.3. 500ml-1L
- 8.2.4. More than 1L

Chapter 9. Global Nordic Beverage Packaging Market Size & Forecasts by Region 2022-2032

9.1. North Europe Beverage Packaging Market
- 9.1.1. Denmark Beverage Packaging Market
  - 9.1.1.1. Material Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.2. Beverage Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.3. Closure Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.4. Capacity Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Finland Beverage Packaging Market
  - 9.1.2.1. Material Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.2.2. Beverage Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.2.3. Closure Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.2.4. Capacity Breakdown Size & Forecasts, 2022-2032
- 9.1.3. Sweden Beverage Packaging Market
  - 9.1.3.1. Material Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.3.2. Beverage Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.3.3. Closure Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.3.4. Capacity Breakdown Size & Forecasts, 2022-2032
- 9.1.4. Norway Beverage Packaging Market
  - 9.1.4.1. Material Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.4.2. Beverage Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.4.3. Closure Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.4.4. Capacity Breakdown Size & Forecasts, 2022-2032
- 9.1.5. Iceland Beverage Packaging Market
  - 9.1.5.1. Material Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.5.2. Beverage Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.5.3. Closure Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.5.4. Capacity Breakdown Size & Forecasts, 2022-2032
9.2. Europe Beverage Packaging Market
- 9.2.1. Denmark Beverage Packaging Market
- 9.2.2. Finland Beverage Packaging Market
- 9.2.3. Sweden Beverage Packaging Market
- 9.2.4. Norway Beverage Packaging Market
- 9.2.5. Iceland Beverage Packaging Market
- 9.2.6. Rest of Europe Beverage Packaging Market
9.3. Asia-Pacific Beverage Packaging Market
- 9.3.1. China Beverage Packaging Market
- 9.3.2. India Beverage Packaging Market
- 9.3.3. Japan Beverage Packaging Market
- 9.3.4. Australia Beverage Packaging Market
- 9.3.5. South Korea Beverage Packaging Market
- 9.3.6. Rest of Asia Pacific Beverage Packaging Market
9.4. Latin America Beverage Packaging Market
- 9.4.1. Brazil Beverage Packaging Market
- 9.4.2. Mexico Beverage Packaging Market
- 9.4.3. Rest of Latin America Beverage Packaging Market
9.5. Middle East & Africa Beverage Packaging Market
- 9.5.1. Saudi Arabia Beverage Packaging Market
- 9.5.2. South Africa Beverage Packaging Market
- 9.5.3. Rest of Middle East & Africa Beverage Packaging Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Tetra Pak International S.A.
- 10.1.2. Stora Enso Oyj
- 10.1.3. Ardagh Group S.A.
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Tetra Pak International S.A.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Stora Enso Oyj
- 10.3.3. Ardagh Group S.A.
- 10.3.4. Amcor plc
- 10.3.5. Ball Corporation
- 10.3.6. Crown Holdings, Inc.
- 10.3.7. Owens-Illinois, Inc.
- 10.3.8. Mondi Group
- 10.3.9. Smurfit Kappa Group
- 10.3.10. Huhtamaki Oyj
- 10.3.11. DS Smith Plc
- 10.3.12. WestRock Company
- 10.3.13. Verallia
- 10.3.14. UPM-Kymmene Corporation
- 10.3.15. AptarGroup, Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes