Beverage Containers Market Scope
Beverage Containers refers to an individual bottle used to store liquid and may be sealed. This may be constructed from metal, glass, plastic or other material or any combination of these materials. Containers also assist in reducing the post-production damage which drives the market for Beverage container. The demand for a beverage container is expected to rise in the forecasted period with changing consumer preference in the utility of packaging material and growing demand for premium products.
According to AMA, the Global Beverage Containers market is expected to see growth rate of 3.58% and may see market size of USD64.83 Million by 2026.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Beverage Containers market throughout the predicted period.
Saint-Gobain S.A. (France), Alcoa Inc. (United States), Anchor Glass Container Corporation (United States), Amcor Limited (Australia), Ardagh Group SA (Ireland), Anheuser Busch Companies, LLc (United States), Ball Corporation (United States), CCL Industries Incorporated (Canada), CKS Packaging Incorporated (United States), Consolidated Container Company LLC (United States), Coca-Cola Company Incorporated (United States), Crown Holding Incorporated (United States), Dean Foods Company (United States), Evergreen Packaging (United States), E&J Gallo Winery (United States), Exal Group (Brazil) and Graham Packaging (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Hinadalco Industries Limited (India), Tetra Laval International S.A. (Switzerland), Stora Enso Oyj (Finland) and Reynolds Group Holdings Ltd. (New Zealand).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Beverage Containers market , by Application (Dairy beverages [White milk, Flavored milk and Other liquid dairy products], Alcoholic beverages [Rum, Beer & Cider, Whiskey, Wines, Vodka, Spirits and Others] and Non-alcoholic beverages [Carbonated Soft Drinks, Bottled Water, Milk, Fruit Beverages, Sports Beverages and Ready-To-Drink Tea and Others]) and Region with country level break-up.
On the basis of geography, the market of Beverage Containers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
According to the National Conference of State Legislation “Beverage container deposit laws, or bottle bills, are designed to reduce litter and capture bottles, cans, and other containers for recycling.”
Market Trend
- Demand For Light Weight Beverage Containers
Market Drivers
- Increasing Demand for Single Serving Containers by Consumer
- Minimal Post Production Damage to Beverages Due To These Containers Is Thriving the Global Beverage Container Market
- Growing Demand for Non-Carbonated Soft Drinks and Alcoholic Drinks
Opportunities
- High Demand for Single-Serve PET Water Bottles
- Increasing Consumption of Beverages
Restraints
- Stringent Environmental Rules and Regulations Related To Packaging
Challenges
- Stagnant Growth in Soft Drink Market
- Dropping Sales of CSD and Alcoholic Drinks
Key Target Audience
Beverage Container Manufacturer, Suppliers, Distributors and Retailers, Beverage Producer, Supplier, Distributor and Retailer and Regulatory Organizations