Beverage Packaging Market
The rise in non-alcoholic and dairy beverage consumption is expected to be one of the primary drivers of the global beverage packaging market’s growth. In the global beverage packaging market, there have been significant advancements and developments in packaging designs and packaging technologies during the previous five years. The growing demand for items created from biodegradable and renewable raw materials offers profitable potential for market participants. The growth of the market is being aided by the rise in consumption in emerging economies.
There are five key packaging types in the beverage packaging market: bottle, can, pouch, carton, and others. Bulk and draught containers for huge volumes of packaging are included in the others sector. Packages are utilised in accordance with the beverages offered. Non-alcoholic drinks are typically served in bottles, whereas alcoholic beverages are served in bottles. In 2020, the bottle category led the worldwide beverage packaging market. Manufacturers favour PET and HDPE bottles because they are more cost-effective. When stored at refrigerated or ambient temperatures, these bottles can compete with cartons in terms of product shelf life.
Metal, plastic, glass, paper & paperboard, and others are the many types of materials used in the market. Containers for beverages can be rigid or flexible. Glass and plastic bottles, metal cans, wood boxes, and drums are examples of rigid containers. They shield the product within from physical harm. Plastic films and sheets, for example, are examples of flexible packaging materials. Manufacturers of beverage packaging mix two or more distinct types of packaging materials to provide a multi-featured packaging solution that is convenient, safe, cost-effective, and recyclable. With the biggest market share, the metal sector dominated the market.
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