Opportunities in the Global Non-alcoholic Beverages Packaging Industry 2024

Opportunities in the Global Non-alcoholic Beverages Packaging Industry 2024

Summary

The global non-alcoholic beverages packaging industry volumes stood at 1.2 trillion units in 2023, and will reach 1.3 trillion units in 2028, registering a CAGR of 3.1% during 2023-28. Asia-Pacific was the largest market globally, accounting for a 50.3% share of packaging consumption of non-alcoholic beverages in 2023. The region will also record the fastest CAGR, at 4.6%, in the global non-alcoholic beverages packaging industry during 2023-28.

Volumes in the global non-alcoholic beverages packaging industry grew from one trillion units in 2018 to 1.2 trillion units in 2023, registering a CAGR of 2.7% during 2018-23. These are set to reach 1.3 trillion units in 2028, at a CAGR of 3.1% during 2023-28.

In 2023, rigid plastics was the most used pack material globally, with a 58.1% share of total volumes. Rigid plastics will continue to dominate through 2028 as the most used pack material in non-alcoholic beverages.

Scope

This report brings together multiple data sources to provide a comprehensive overview of packaging in the global non-alcoholic beverages industry. It includes analysis on the following -

• Global overview: Provides an overview of the packaging industry at the global level. The analysis also provides an overview across five regions-Asia-Pacific, Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting key sectors and growth drivers.
• Country deep dive: Provides an overview of the pack materials across sectors in the non-alcoholic beverages industry in select countries in each region.
• Market overview: Provides an overview of the usage of different pack materials across the non-alcoholic beverages industry in terms of the number of units, packaging share, and growth rates during 2018-28, in addition to key packaging innovations for the pack materials analyzed. The report also provides an overview of the shift in utilization of various pack materials across sectors during 2023-28.
• Key pack materials: Includes data and analysis-number of units (millions) and growth rates-for five key pack materials, namely rigid plastics, rigid metal, glass, paper & board, and flexible packaging, during 2018-28. It also includes data and analysis for pack materials other than the previously mentioned five. Additionally, the section covers:
• Pack sub-type: Includes aerosol - metal, box - rigid plastic, carton - carton board, box - liquid packaging board, box - other material, foil - aluminum, pod - paper, flexible plastic, tray - aluminum, tube - flexible plastic, other flexible packaging pack types - all sub-types, HDPE, PET, etc.
• Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton-folding, carton-liquid, clamshell, etc.
• Closure material: Includes metal, plastic, glass, natural cork, synthetic cork, and others.
• Closure type: Includes cap, crown, dispenser, film, flip/snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, and twist off.
• Primary outer material: Includes flexible packaging, board, rigid plastic, and others.
• Primary outer type: Includes bag, blister pack, carton-folding, shrink wrap, sleeve, and others.

Reasons to Buy

• Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail.
• This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the industry globally.
• The report provides a detailed analysis of the countries in specific regions, covering the key challenges, and future growth opportunities that can help companies gain insight into the country/region specific nuances.
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion.