China Soft Drinks Packaging Market - Market Trends and Forecasts (2016 - 2021)
In China, energy drinks and bottled water saw the largest year-over-year increase, while carbonates and juice lagged due to growing consumer concerns about sugar content, price and artificial flavoring. With the rapid increase in the living standard of the Chinese people and consumption capability, rapid growth is estimated in the soft drink packaging industry. Among the available soft drinks, carbonated soft drink packaging takes up the largest proportion of the China's soft drink packaging market. Among the packaging type, metal soft drink packaging recorded highest growth rate in China in 2014 due to strong growth in RTD and energy drinks. Also, more PET bottles are being used in soft drinks categories such as carbonates and bottled water. Compared to other pack types, the PET bottle has the advantages of transparency and having no foul odor, which is preferred by consumers. To manufacturers, the price decline in PET material and the thinner PET bottle enables cost savings on raw materials and transportation.
China soft drink packaging market is estimated to grow at a CAGR of 3.8% in terms of the volume sales over the forecast period 2016 - 2021. The majority of carbonated soft drinks are sold in aluminum cans and PET bottles. They are also sold in bulk in the foodservice industry through soda fountains. Only a very small portion of CSDs are still packaged in glass bottles, and these are usually packaged in smaller sizes, due to changing consumer preferences and lifestyles as well as increased costs associated with transporting heavy, low-volume glass containers versus high volume-to-packaging ratio PET bottles and aluminum cans.
China soft drink packaging market is segmented on the basis of material (plastic, paper, metal, and glass), soft drink product (juices, bottled water, energy drinks, ready-to-drink (RTD), and carbonates) and products (beverage cans, PET bottles, cartons and boxes. This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
The report also considers key trends that will impact the industry and profiles of leading suppliers of China Soft Drink Packaging Market. Some of the top companies mentioned in the report are Pactiv, Amcor, Genpak, Graham Packaging, Ball Corporation, SIG, Tetra Pak International, Placon, Toyo Seikan, Rock Tenn, Nuconic Packaging, The Scoular Company, Owens-Illinois, Crown Holdings, Rexam, Alcoa and others.
What the report offers
Market definition for the China soft drink packaging market, along with identification of key drivers and restraints. Market analysis for the China soft drink packaging market, with region-specific assessments and competition analysis on a regional scale. Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a regional scale. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share. Identification and analysis of the macro and micro factors that affect the China soft drink packaging market on a regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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