Albany, NY -- (SBWIRE) -- 09/07/2016 -- About Consumption of Cider

The worldwide consumption of cider is expected to grow at a rate of 5% per year and will reach 3 billion liters by 2020. The market will see a slowdown in its largest market in Europe which accounts for more than 40%. However, it is expected to witness strong growth in the markets of the US, Australia, and South Africa. 70% of the consumption is expected to come from these countries.

Technavios analysts forecast the global cider packaging market to grow at a CAGR of 4.98% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global cider packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by packaging product manufacturers from the different geographical regions.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Cider Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amcor
Ardagh Packaging
Ball
Crown Holdings
Owens-Illinois
Rexam

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Other prominent vendors
Allied Glass Containers
Can-Pack
MeadWestvaco
Nampak
Plastipak Packaging
Silgan Holdings
Consol Glass
Vetropack Holding
Vidrala

Market driver
Reducing pack unit size creating more consumption opportunities
For a full, detailed list, view our report

Market challenge
Latent vertical integration of manufacturers
For a full, detailed list, view our report

Market trend
Adoption of retort and aseptic pouch packaging
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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