Global Beverage Packaging Market Is Expected To Reach Around USD 138.7 Billion in 2021

Sarasota, FL -- (SBWire) -- 07/25/2018 --Zion Market Research has published a new report titled "Beverage Packaging Market (Bottle, Can, Pouch, and Carton), By Material (Glass, Plastic, Metal, and Paperboard), for Alcoholic, Non-Alcoholic, and Dairy Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021". According to the report, global beverage packaging market was valued at USD 108.4 billion in 2015, is expected to reach USD 138.7 billion in 2021 and is anticipated to grow at a CAGR of 4.2% between 2016 and 2021.

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Packaging plays an important role in the beverage industry. Proficient packaging solutions offer advantages such as disposability, ease of use and improved user experience. These advantages have to lead to an increase in demand for beverage packaging solutions. The main purpose of packaging is to preserve, protect, and promote the product.

The report covers forecast and analysis for the beverage packaging market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Billion). The study includes drivers and restraints for the beverage packaging along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the beverage packaging market on a global level.

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In order to give the users of this report a comprehensive view on the beverage packaging market, we have included a detailed segmentation of beverage packaging. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the beverage packaging market has also been included. The study encompasses a market attractiveness analysis, wherein type segments and material segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view on the beverage packaging market by segmenting the market based on type into the bottle, can, pouch, and carton. All the type segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. The beverage packaging application segment includes alcoholic, non-alcoholic, and dairy applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific and Rest of the world. This segmentation includes demand for beverage packaging based on individual applications in all the regions.

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The report also includes detailed profiles of end players such Ball Corporation, Rexam PLC, Amcor Limited, Reynolds Group Holdings Limited, Saint-Gobain S.A., Tetra Laval International S.A. and Owens-Illinois, Inc.