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Monday, December 12, 2022

Beverage Container Market is anticipated to grow at a CAGR of 4% to 6% during 2023-2028

The global beverage container market is projected to reach $XX billion by 2028, at a CAGR of 4% to 6% during 2023-2028. The growth of beverage container market is driven by rising demand for effective packaging, increasing global population, and growing consumption for bottled beverages.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the beverage container market by material (plastic, glass, metal, paperboard and others), product (bottles, liquid cartons, cans, bag-in-boxes, pouch, jars and others), application (carbonated soft drinks, bottled water, milk, fruit beverages, sports beverages, ready-to-drink tea, enhanced water, beer, wine, distilled spirit and others), end use (alcoholic beverage, non-alcoholic beverage and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the beverage container market?

Q.4 What are some changing demands of customers in the beverage container market?

Q.5 What are the new developments in the beverage container market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this beverage container area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this beverage container market? 

Emerging trends, which have a direct impact on the dynamics of the industry, include rapid modernization and urbanization and increasing dependence on the consumption of beverages.

Download Brochure of this report by clicking on
https://www.lucintel.com/beverage-container-market.aspx.

Market Segmentation:

Based on material, the beverage container market is segmented into plastic, glass, metal, paperboard and others. The plastic segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the recyclability, growing consumer preference for a recyclable plastic bottle and its ability to be molded into different shapes.

APAC will remain the largest region due to the rise of the packaging market for beverages, increase in personal disposable income and developing manufacturing plants in the region.

Key Players in the beverage container market are Liqui-Box Corporation, Amcor Limited, Ampac Packaging LLC, Crown Holdings Incorporated, Ardagh Group SA, Ball Corporation, Berry Plastics Corporation.

Request Sample Pages by clicking on https://www.lucintel.com/beverage-container-market.aspx.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/beverage-container-market.aspx.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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