Beverage Packaging Market

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Beverage Packaging Market To Reach USD 195.68
Billion By 2026
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Market Summary
Market Size USD 125.3 Billion in 2019, Market
Growth - CAGR of 6.6, Market Trends Increasing
demand in preserving the content quality, growing
demand for protein-based beverage, and herbal
drinks.
According to the current analysis of Reports and
Data, the global beverage packaging market was
valued at USD 125.3 Billion in 2019 and expected
to reach USD 195.68 Billion by the year 2026, at
a CAGR of 6.6. Beverage manufacturers are
focusing on offering a superior product with the
packing that is eco-friendly, easy-to-handle, and
keeps the product new for a long time.

• Further key findings from the report suggest
• The plastic beverage packaging market has a major
  share of 44 in 2019 and expected to come down
  during the forecasted period due to various
  regulations implemented by different countries. A
  new report from the UN Environment and WRI found
  that at least 127 countries (of 192 reviewed)
  have implemented some form of legislation to
  regulate plastic bottles as of July 2018.
• EU strategy on plastics aimed at safeguarding all
  plastic packaging is reusable or recyclable by
  2030 the single-use ban does not cover universal
  plastic bags or bottles. The bloc, however, says
  it will focus on plastic bottles separately, and
  aims to be collecting and recycling 90 of them
  within the next decade.

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Market Summary
Key Players
Crown Holdings, Inc., Ball Corporation, Tetra
Laval International S.A., Bemis Company, Inc.,
Sonoco Products Company, Saint-Gobain S.A., Mondi
PLC., Amcor Ltd., Reynolds Group Holdings
Limited, Stora Enso
Segmentation

• Material (Revenue, USD Million 20162026)
• Glass
• Plastic
• Metal
• Paper
• Others
• Application (Revenue, USD Million 20162026)
• Alcoholic
• Non-Alcoholic

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Market Summary

• Product Type (Revenue, USD Million 20162026)
• Cans
• Bottles
• Pouches
• Jars
• Cartons
• Others

Regional Outlook for Beverage Packaging Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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