PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587756
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1587756
Beverage Packaging Market Forecasts to 2030 - Global Analysis by Product (Can, Bottle & Jar, Pouch, Carton and Other Products), Material, Application and By Geography
According to Stratistics MRC, the Global Beverage Packaging Market is accounted for $149.6 billion in 2024 and is expected to reach $202.9 billion by 2030 growing at a CAGR of 5.2% during the forecast period. Beverage packaging encompasses the materials and procedures used to encapsulate and protect liquid items for storage, delivery, and consumption. It includes a broad variety of containers, such as bottles, cans, cartons, pouches, and kegs, that are made to maintain the safety and quality of liquids including water, juices, soft drinks, alcoholic beverages, and dairy products. Product integrity is guaranteed by efficient beverage packaging, which also improves marketing appeal through branding and design.
According to the World Economic Forum, the total bottle recycling rate for 2020 was 27.2%, down from 28.7% in 2019, and 2.5 million plastic bottles are thrown away in the U.S. every hour, increasing landfill waste.
Market Dynamics:
Driver:
Sustainability and Eco-Friendly Packaging
Sustainability and eco-friendly packaging are revolutionizing the beverage packaging industry by encouraging the use of recyclable, biodegradable, and lightweight materials. Alternatives including paper-based cartons, bio-plastics, and reusable packaging are being used by brands more frequently in order to comply with legal requirements and win over customers who care about the environment. These eco-friendly methods save carbon emissions, increase brand loyalty, and support international trash reduction initiatives.
Restraint:
High Production Costs of Sustainable Materials
High production costs of sustainable materials pose challenges for the beverage packaging market. Biodegradable plastics, recycled materials, and plant-based alternatives often have higher manufacturing expenses than traditional options, driving up packaging costs. This impacts profit margins and can lead to higher prices for consumers. Small and mid-sized companies may struggle to adopt sustainable packaging, thus it limiting market penetration.
Opportunity:
E-commerce and Home Delivery Growth
The emergence of e-commerce and home delivery has led to tremendous expansion in the beverage packaging business. In order to save shipping costs and guarantee safe delivery, there is a growing demand for packaging that is lightweight, robust, and environmentally friendly. Eco-friendly materials, tamper-evident seals, and reduced portion packaging are examples of innovations that are becoming more popular. In order to increase the attraction of their products online, marketers are now concentrating on aesthetically pleasing packaging, thus it drives the growth of the market.
Threat:
Environmental Concerns over Plastic Waste
Environmental concerns over plastic waste are creating challenges for the beverage packaging market. Companies face increased costs in shifting to sustainable materials, which are often more expensive and less readily available. Regulatory pressures, such as bans on single-use plastics, can disrupt supply chains and require costly retooling of production processes. Additionally, consumer demand for eco-friendly packaging puts smaller businesses at a disadvantage, as they may struggle to afford sustainable innovations.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the beverage packaging market by shifting consumer preferences towards packaged and home-delivery beverages. Increased demand for bottled water, juices, and ready-to-drink products led to a surge in packaging requirements. Simultaneously, the rise of e-commerce heightened the need for durable and tamper-proof packaging.
The plastic segment is expected to be the largest during the forecast period
The plastic segment is expected to be the largest during the forecast period as its flexibility supports innovative designs, such as reseal able bottles and multi-layered packaging, which enhance product convenience and shelf life. Additionally, plastic's compatibility with various beverages, including carbonated drinks, makes it a preferred material. Efforts to increase recycling rates and develop bio-based plastics are further improving the sustainability of plastic packaging in the beverage industry.
The carton segment is expected to have the highest CAGR during the forecast period
The carton segment is expected to have the highest CAGR during the forecast period because cartons reduce reliance on plastic and align with sustainability trends. Their excellent barrier properties protect beverages, preserving freshness and extending shelf life. Cartons are easy to recycle and produce a lower carbon footprint, appealing to environmentally conscious consumers. Additionally, they are ideal for packaging milk, juices, and plant-based drinks, driving their adoption across the beverage industry.
Region with largest share:
North America is projected to hold the largest market share during the forecast period as Innovations in packaging materials, such as lightweight and recyclable options, are enhancing product appeal and reducing environmental impact. The rise of e-commerce and home delivery services has further accelerated the demand for durable packaging solutions that ensure product integrity during transport. Additionally, health-conscious trends are promoting the use of eco-friendly and safe packaging materials, positioning the market for continued expansion.
Region with highest CAGR:
Asia Pacific is projected to witness the highest CAGR over the forecast period owing to demand for convenient and ready-to-drink beverages is leading manufacturers to adopt advanced packaging technologies, enhancing product shelf life and consumer appeal. Eco-friendly packaging options are gaining traction, aligning with environmental regulations and consumer preferences. Additionally, the rise of e-commerce is further boosting demand for efficient and durable packaging solutions.
Key players in the market
Some of the key players in Beverage Packaging Market include Amcor Plc, Ardagh Group S.A., Ball Corporation, Berry Global, Inc., Can-Pack SA, CPMC Holdings Ltd, Crown Holdings, Inc., Gerresheimer AG, Kian Joo Can Factory Berhad, Nampak Ltd., Owens-Illinois, Inc., Saverglass SAS, SIG Combibloc Group Ltd., Silgan Containers LLC, Stoelzle Glass Group, Tetra Pak, Toyo Seikan Group Holdings, Ltd., Verallia, Vidrala S.A. and Vitro, S.A.B. de C.V.
Key Developments:
In May 2024, Gerresheimer, global partner for the pharma, is significantly expanded its production capacities for medical systems such as inhalers and auto injectors in the United States.
In May 2024, Gerresheimer has signed a purchase agreement with funds advised by Triton for the acquisition of Blitz LuxCo Sarl, the holding company of the Bormioli Pharma Group to strengthen its European footprint with additional production sites, especially in Southern Europe.
In April 2024, Vitro, announced that it is kicking off its partnership with the Pittsburgh Steelers, to engage with Steelers Nation to share its robust portfolio of innovative solutions focused on reaching the full potential of glass to shape the way people move, build.
Products Covered:
- Can
- Bottle & Jar
- Pouch
- Carton
- Other Products
Materials Covered:
- Plastic
- Glass
- Metal
- Other Materials
Applications Covered:
- Non-Alcoholic Drinks
- Alcoholic Drinks
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Beverage Packaging Market, By Product
- 5.1 Introduction
- 5.2 Can
- 5.3 Bottle & Jar
- 5.4 Pouch
- 5.5 Carton
- 5.6 Other Products
6 Global Beverage Packaging Market, By Material
- 6.1 Introduction
- 6.2 Plastic
- 6.3 Glass
- 6.4 Metal
- 6.5 Other Materials
7 Global Beverage Packaging Market, By Application
- 7.1 Introduction
- 7.2 Non-Alcoholic Drinks
- 7.3 Alcoholic Drinks
8 Global Beverage Packaging Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.8 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Amcor Plc
- 10.2 Ardagh Group S.A.
- 10.3 Ball Corporation
- 10.4 Berry Global, Inc.
- 10.5 Can-Pack SA
- 10.6 CPMC Holdings Ltd
- 10.7 Crown Holdings, Inc.
- 10.8 Gerresheimer AG
- 10.9 Kian Joo Can Factory Berhad
- 10.10 Nampak Ltd.
- 10.11 Owens-Illinois, Inc.
- 10.12 Saverglass SAS
- 10.13 SIG Combibloc Group Ltd.
- 10.14 Silgan Containers LLC
- 10.15 Stoelzle Glass Group
- 10.16 Tetra Pak
- 10.17 Toyo Seikan Group Holdings, Ltd.
- 10.18 Verallia
- 10.19 Vidrala S.A.
- 10.20 Vitro, S.A.B. de C.V.
List of Tables
- Table 1 Global Beverage Packaging Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Beverage Packaging Market Outlook, By Product (2022-2030) ($MN)
- Table 3 Global Beverage Packaging Market Outlook, By Can (2022-2030) ($MN)
- Table 4 Global Beverage Packaging Market Outlook, By Bottle & Jar (2022-2030) ($MN)
- Table 5 Global Beverage Packaging Market Outlook, By Pouch (2022-2030) ($MN)
- Table 6 Global Beverage Packaging Market Outlook, By Carton (2022-2030) ($MN)
- Table 7 Global Beverage Packaging Market Outlook, By Other Products (2022-2030) ($MN)
- Table 8 Global Beverage Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 9 Global Beverage Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 10 Global Beverage Packaging Market Outlook, By Glass (2022-2030) ($MN)
- Table 11 Global Beverage Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 12 Global Beverage Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 13 Global Beverage Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 14 Global Beverage Packaging Market Outlook, By Non-Alcoholic Drinks (2022-2030) ($MN)
- Table 15 Global Beverage Packaging Market Outlook, By Alcoholic Drinks (2022-2030) ($MN)
- Table 16 North America Beverage Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 17 North America Beverage Packaging Market Outlook, By Product (2022-2030) ($MN)
- Table 18 North America Beverage Packaging Market Outlook, By Can (2022-2030) ($MN)
- Table 19 North America Beverage Packaging Market Outlook, By Bottle & Jar (2022-2030) ($MN)
- Table 20 North America Beverage Packaging Market Outlook, By Pouch (2022-2030) ($MN)
- Table 21 North America Beverage Packaging Market Outlook, By Carton (2022-2030) ($MN)
- Table 22 North America Beverage Packaging Market Outlook, By Other Products (2022-2030) ($MN)
- Table 23 North America Beverage Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 24 North America Beverage Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 25 North America Beverage Packaging Market Outlook, By Glass (2022-2030) ($MN)
- Table 26 North America Beverage Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 27 North America Beverage Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 28 North America Beverage Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 29 North America Beverage Packaging Market Outlook, By Non-Alcoholic Drinks (2022-2030) ($MN)
- Table 30 North America Beverage Packaging Market Outlook, By Alcoholic Drinks (2022-2030) ($MN)
- Table 31 Europe Beverage Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 32 Europe Beverage Packaging Market Outlook, By Product (2022-2030) ($MN)
- Table 33 Europe Beverage Packaging Market Outlook, By Can (2022-2030) ($MN)
- Table 34 Europe Beverage Packaging Market Outlook, By Bottle & Jar (2022-2030) ($MN)
- Table 35 Europe Beverage Packaging Market Outlook, By Pouch (2022-2030) ($MN)
- Table 36 Europe Beverage Packaging Market Outlook, By Carton (2022-2030) ($MN)
- Table 37 Europe Beverage Packaging Market Outlook, By Other Products (2022-2030) ($MN)
- Table 38 Europe Beverage Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 39 Europe Beverage Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 40 Europe Beverage Packaging Market Outlook, By Glass (2022-2030) ($MN)
- Table 41 Europe Beverage Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 42 Europe Beverage Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 43 Europe Beverage Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 44 Europe Beverage Packaging Market Outlook, By Non-Alcoholic Drinks (2022-2030) ($MN)
- Table 45 Europe Beverage Packaging Market Outlook, By Alcoholic Drinks (2022-2030) ($MN)
- Table 46 Asia Pacific Beverage Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 47 Asia Pacific Beverage Packaging Market Outlook, By Product (2022-2030) ($MN)
- Table 48 Asia Pacific Beverage Packaging Market Outlook, By Can (2022-2030) ($MN)
- Table 49 Asia Pacific Beverage Packaging Market Outlook, By Bottle & Jar (2022-2030) ($MN)
- Table 50 Asia Pacific Beverage Packaging Market Outlook, By Pouch (2022-2030) ($MN)
- Table 51 Asia Pacific Beverage Packaging Market Outlook, By Carton (2022-2030) ($MN)
- Table 52 Asia Pacific Beverage Packaging Market Outlook, By Other Products (2022-2030) ($MN)
- Table 53 Asia Pacific Beverage Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 54 Asia Pacific Beverage Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 55 Asia Pacific Beverage Packaging Market Outlook, By Glass (2022-2030) ($MN)
- Table 56 Asia Pacific Beverage Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 57 Asia Pacific Beverage Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 58 Asia Pacific Beverage Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 59 Asia Pacific Beverage Packaging Market Outlook, By Non-Alcoholic Drinks (2022-2030) ($MN)
- Table 60 Asia Pacific Beverage Packaging Market Outlook, By Alcoholic Drinks (2022-2030) ($MN)
- Table 61 South America Beverage Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 62 South America Beverage Packaging Market Outlook, By Product (2022-2030) ($MN)
- Table 63 South America Beverage Packaging Market Outlook, By Can (2022-2030) ($MN)
- Table 64 South America Beverage Packaging Market Outlook, By Bottle & Jar (2022-2030) ($MN)
- Table 65 South America Beverage Packaging Market Outlook, By Pouch (2022-2030) ($MN)
- Table 66 South America Beverage Packaging Market Outlook, By Carton (2022-2030) ($MN)
- Table 67 South America Beverage Packaging Market Outlook, By Other Products (2022-2030) ($MN)
- Table 68 South America Beverage Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 69 South America Beverage Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 70 South America Beverage Packaging Market Outlook, By Glass (2022-2030) ($MN)
- Table 71 South America Beverage Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 72 South America Beverage Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 73 South America Beverage Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 74 South America Beverage Packaging Market Outlook, By Non-Alcoholic Drinks (2022-2030) ($MN)
- Table 75 South America Beverage Packaging Market Outlook, By Alcoholic Drinks (2022-2030) ($MN)
- Table 76 Middle East & Africa Beverage Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 77 Middle East & Africa Beverage Packaging Market Outlook, By Product (2022-2030) ($MN)
- Table 78 Middle East & Africa Beverage Packaging Market Outlook, By Can (2022-2030) ($MN)
- Table 79 Middle East & Africa Beverage Packaging Market Outlook, By Bottle & Jar (2022-2030) ($MN)
- Table 80 Middle East & Africa Beverage Packaging Market Outlook, By Pouch (2022-2030) ($MN)
- Table 81 Middle East & Africa Beverage Packaging Market Outlook, By Carton (2022-2030) ($MN)
- Table 82 Middle East & Africa Beverage Packaging Market Outlook, By Other Products (2022-2030) ($MN)
- Table 83 Middle East & Africa Beverage Packaging Market Outlook, By Material (2022-2030) ($MN)
- Table 84 Middle East & Africa Beverage Packaging Market Outlook, By Plastic (2022-2030) ($MN)
- Table 85 Middle East & Africa Beverage Packaging Market Outlook, By Glass (2022-2030) ($MN)
- Table 86 Middle East & Africa Beverage Packaging Market Outlook, By Metal (2022-2030) ($MN)
- Table 87 Middle East & Africa Beverage Packaging Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 88 Middle East & Africa Beverage Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 89 Middle East & Africa Beverage Packaging Market Outlook, By Non-Alcoholic Drinks (2022-2030) ($MN)
- Table 90 Middle East & Africa Beverage Packaging Market Outlook, By Alcoholic Drinks (2022-2030) ($MN)
