Global Beverage Packaging by Plastic Market Growth 2023-2029

Global Beverage Packaging by Plastic Market Growth 2023-2029

Plastic bottles are becoming more ubiquitous by the day owing to their advantages over glass bottles. Choosing plastic over glass is an easy decision for manufacturers looking to reduce weight, speed up transportation, and reduce packaging costs.

LPI (LP Information)' newest research report, the “Beverage Packaging by Plastic Industry Forecast” looks at past sales and reviews total world Beverage Packaging by Plastic sales in 2022, providing a comprehensive analysis by region and market sector of projected Beverage Packaging by Plastic sales for 2023 through 2029. With Beverage Packaging by Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beverage Packaging by Plastic industry.

This Insight Report provides a comprehensive analysis of the global Beverage Packaging by Plastic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Beverage Packaging by Plastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Beverage Packaging by Plastic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beverage Packaging by Plastic and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Beverage Packaging by Plastic.

The global Beverage Packaging by Plastic market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The rising adoption of convenient packaging will be one of the major factors that will have a positive impact on the growth of this market. Plastic is the most chosen material by manufacturers for the packaging of various raw materials in the beverage packaging industry. One of the latest trends that will gain traction in the beverage packaging market by plastic is the introduction of sensor systems. Two major technologies that are widely adopted in the intelligent packaging of beverages are sensors and indicators. The market in APAC is growing because of the surging demand for various retail products and the growth of emerging economies, such as India and China. China was the largest market in the region, with a share of 49% in 2016, followed by Japan with a share of 29%. India is expected to have the highest growth rate during the forecast period. The share of the beverage packaging market by plastic in EMEA is expected to witness a slight decline during the forecast period. The share of the Americas in the global beverage packaging market by plastic is expected to witness a marginal decline of around 1% by 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of Beverage Packaging by Plastic market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Plastic
Others

Segmentation by application
Non-Alcoholic Products
Dairy Products
Alcoholic Products

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amcor
Reynolds
Sonoco Products Company
Berry Global

Key Questions Addressed in this Report

What is the 10-year outlook for the global Beverage Packaging by Plastic market?

What factors are driving Beverage Packaging by Plastic market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Beverage Packaging by Plastic market opportunities vary by end market size?

How does Beverage Packaging by Plastic break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.