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    Beverage Container Market Report

    Beverage Container Market Report
    Report code - SR1063 Delivery - 2 Weeks
    Beverage Container Market Size, Share, Trend, Forecast, & Industry Analysis – 20 See more...

    Market Insights

    The global beverage container market size was estimatd at USD 101.72 billion in 2022 and is likely to grow at a CAGR of 4.59% duing 2023-2028 to reach USD 133.55 billion by 2028. Growing awareness regarding vehicular pollution, increase in financial incentive and spending for supporting infrastructure, growing requirement for clean mobility & transportation solutions, and government initiatives to decrease dependency on crude oil are some of the major factors driving the market growth during the forecast period.

    Global Beverage Container Market - Snapshot

    Growth

    4.59% for the next five years

    Major Material Type

    Glass

    Major Application Type

    Alcoholic Beverages

    Region with the highest demand

    Asia-Pacific

    Key Players

    Amcor Limited., Anchor Glass Container Corporation, Ardagh Group, Ball Corporation, CLARCOR, Magna International Inc., Owens-Illinoin, Rexam, Silgan Holdings, Toyo Seikan Group Holdings

     

    Restraining Factors

    The global reduction of single-use plastics has led to the industry seeking sustainable alternatives, which often come with higher production costs. Fluctuations in raw material prices, particularly for aluminum and glass, can affect the cost structure of beverage containers. Regulatory hurdles, such as varying recycling systems and deposit schemes, pose challenges for manufacturers. Consumer perceptions of taste and safety, such as the potential leaching of chemicals from plastics, and the economic impact of the COVID-19 pandemic have disrupted supply chains and created market uncertainties.

    Segments' Analysis

    Beverage-Container-Market-Dominant-Segments

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    Beverage Container Market Share: By Material Type

    Based on the material type, the market is segmented as plastic, metal, glass, and paperboard. Glass is expected to register maximum growth during the forecast period. The growth of the segment is owing to the ability of glass, such as it helps retain the strength, aroma, and flavors of beverages in businesses such alcohol. Also, as the material is 100% recyclable, it is an environmentally-friendly packaging solution. Six tons of recycled glass saves six tons of virgin materials and reduces CO2 emissions by one ton. The substance has no odor, is chemically inert, and resists gases and vapors.

    Beverage container Market Share: By Container Type

    Based on the container type, the market is segmented as Bottles & Jars, Cartons, Cans, Bag-In-Boxes, Pouches, and Others [Cups, Tubs, and Bowls]. In 2022, the bottles and jars segment held the largest market share, accounting for over 40% of revenue. This segment's popularity is attributed to its versatility and wide-ranging applications, serving as the preferred packaging for various beverage categories like water, carbonated drinks, juices, and alcoholic beverages. Its ability to preserve freshness, prevent contamination, and ensure convenient consumption is a key factor in its dominance. The segment's adaptability and ubiquity make it the most essential component of the beverage container market.

    Beverage Container Market Share: By Application Type

    Based on the application type, the market is segmented as alcoholic beverages and non-alcoholic beverages. Alcoholic beverages dominated the market in 2022, and are expected to maintain their incontestable leads during the forecast period as well. The segment's growth is driven by two key factors: increased global consumption of alcoholic beverages and a focus on recycling. Containers are being developed by major industry players with the goal of preserving alcohol qualities for a longer period of time, consequentially increasing the need for sustainable materials, thus propelling the growth of the market for beverage containers, globally.

    Beverage Container Market Share: By Region

    In terms of regions, Asia-Pacific commanded the market for beverage containers in 2022, and is estimated to lead the market during the forecast period as well. The region’s market is bolstered by changing consumer tastes and significant growth in the emerging economies such as India, China, Indonesia, and Malaysia. Furthermore, significant demand for glass bottles from the alcoholic beverage industry, is likely to generate a massive thrust to the growth of the market. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.

    Beverage-Container-Market-By-Region

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    Market Scope & Segmentation

    Beverage Containers are made of an assortment of materials, such as aluminum, tin, steel, plastic, glass, paper, and their combinations. They are used to store and preserve both alcoholic and non-alcoholic beverages.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Beverage Container Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The beverage container market is segmented into the following categories:

    Beverage Container Market Size, Share, & Forecast, by Material Type:

    • Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Glass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Paperboard (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Beverage Container Market Size, Share, & Forecast, by Container Type:

    • Bottles & Jars (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cartons (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cans (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bag-In-Boxes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pouches (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Cups, Tubs, and Bowls

    Beverage Container Market Size, Share, & Forecast, by Application Type:

    • Alcoholic Beverages
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Beer, Wine, and Spirit
    • Non-Alcoholic Beverages
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Carbonated Soft Drinks, Bottled Water, Dairy, Juices and Sports Drinks, Enhanced Water, and Others

    Beverage Container Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Beverage-Container-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Beverage Container Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the container types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The beverage container market is expected to witness an impressive growth of 4.59% CAGR in the foreseeable future.

    Amcor Limited., Anchor Glass Container Corporation, Ardagh Group, Ball Corporation, CLARCOR, Magna International Inc., Owens-Illinoin, Rexam, Silgan Holdings, Toyo Seikan Group Holdings are among the key players in the market.

    Asia-pacific is expected to lead the market during the forecast period.

    Glass is expected to register maximum growth in the market during the next five years.

    Alcoholic beverages dominated the market in 2022, and are expected to maintain their incontestable leads.

    Growing awareness regarding vehicular pollution, increase in financial incentive and spending for supporting infrastructure, growing requirement for clean mobility & transportation solutions, and government initiatives to decrease dependency on crude oil are the factors driving the growth of arket.