World Beverage Packaging Market Grow at 5.15% CAGR to 2021

ReportsnReports.com adds Global Beverage Packaging Market 2017-2021 latest research report; The analysts forecast global beverage packaging market to grow at a CAGR of 5.15% during the period 2017-2021.

March 8, 2017 /MarketersMedia/ —

The global beverage packaging market analyst says one of the major trends in the global food and beverage packaging industry is the emphasis on lightweight packages. Lightweight packaging materials allow vendors to reduce the cost of transportation. In 2014, Sidel launched pasteurizable lightweight PET bottles for beer with a non-petaloid base.

Complete report on beverage packaging market spread across 86 pages, analyzing 4 major companies and providing 46 data exhibits are now available at http://www.reportsnreports.com/reports/857506-global-beverage-packaging-market-2017-2021.html

In 2013, Ball Corporation introduced lightweight cans in Europe. These new beer cans contain 25% recycled aluminum and are 10% lighter than their previous versions. The company also introduced the ultralight can that is 5% lighter than the standard beverage can. With the introduction of lightweight cans, the company estimates that there will be a reduction of 19,000 metric tons of aluminum each year.

The following companies as the key players in the global beverage packaging market: Amcor, Ball, Crown Holdings, and Owens-Illinois. Other Prominent Vendors in the market are: Allied Glass Containers, Aptar, Ardagh, Bemis, CAN-PACK, CCL Industries, CKS Packaging, DS Smith, Evergreen Packaging, Genpak, International Paper, Westrock, Mondi, Parksons Packaging, Plastipak Packaging, Saint-Gobain, Silgan Holdings, and Tetra Pak. Order a copy of Global Beverage Packaging Market 2017-2021 report at http://www.reportsnreports.com/purchase.aspx?name=857506

According to the beverage packaging market report, the global beer packaging market will grow moderately during the forecast period. The major contributors to the beer packaging market are China, Germany, and the US. There will be a robust increase in beer consumption in countries in South America and Asia, especially in Brazil, China, and India. One of the major reasons for the growth of the market is the introduction of lightweight beer bottles, which are cost-effective and environment-friendly.

In-depth analysis of the global beverage packaging market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions. The increase in the demand for sustainable and environment-friendly packaging increases the pressure on rigid plastic manufacturers to introduce recyclable options.

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Global glass beverage packaging market: Weight and handling are the biggest challenges for the glass packaging industry. The alcoholic beverage sector is the primary end-user of glass beverage packaging. Global plastic beverage packaging market: Plastic is preferred over glass bottles, jars, and metal containers as it is lightweight, comparatively cheaper than other packaging materials, and is available in different designs. Global beverage packaging market by metal: durability and environmental resistance are the key features driving the adoption of metal packaging in the beverage industry. Based on the raw material used, the metal beverage packaging market can be segmented into aluminum, steel, and tinplate packaging.

Further, the beverage packaging market report states that government regulations on environmental protection and emphasis on reducing energy costs compel the manufacturers to develop machinery as per the new standards and regulations. Companies focus on reducing the emission of greenhouse gases and differentiating their products from those of their competitors. Food manufacturers emphasize on sustainable packaging to reduce the consumption of packaging material and increase the shelf life of the packaged products.

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Release ID: 176060