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Beverage Packaging Market (Alcoholic and Non Alcoholic Beverages Packaging, Dairy Beverages Packaging) Worth $125.7 Billion by 2018 - New Report by MarketsandMarkets
Date:9/21/2013

Carton Packages are Bound to Grow in the Non-Alcoholic Beverage Packaging Market

In the global beverage packaging market, the major types are bottle, can, pouch and cartons, in which beverages are served. Consumer preferences, product characteristics, and material compatibility are essential to determine the type of packaging for a beverage. The alcohol segment, although dominated by bottles and cans, are bound to grow in the case of alternative materials for bottling. Similarly, non-alcoholic beverage packages are witnessing a gradual increase in preference for cartons and cans. On the other hand, dairy beverages are mostly served in pouches; however, flavored and drinkable yoghurt creates a demand for other forms of packages.

Asia-Pacific: Major Market Share Holder and Driver

Asia-Pacific has the highest market share and is witnessed to be the fastest growing market the period under review. Europe’s is growth is driven mainly by the East European markets. ROW is also expecting to experience growth in the beverage packaging market in future. The three most potential nations for beverage packaging i.e., India, China, and Brazil are a part of Asia-Pacific and ROW; hence both the regions are set to experience growth.

Alcoholic beverages: Biggest Market by Applications; Dairy Beverage Packaging Shows a Promising Growth

In the market, dairy beverage packaging is the fastest growing market, Growing health concerns and knowledge about the nutrition value drives the dairy products. Following it, non-alcoholic packaging is estimated to be the second fastest growing market in 2013, due to a rise in the consumption of non-alcoholic beverages. Alcoholic packaging has the highest share, but the market has reached a maturity level and has a low growth rate as compared to the other two (non-alcoholic and dairy) segments.

The report also touches on various other important aspects of the market. It includes Porter’s analysis, the comp
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Source: PRWeb
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