DUBLIN, February 5, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/8zmjgm/beverage) has announced the addition of the "Concise Analysis of the International Beverage Packaging Market - Forecasts to 2018" report to their offering.
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The global beverage market has made few strides in terms of value to regain the volumes lost during the economic slowdown. However, the global beverage packaging market has grown considerably in the last few years and is expected to grow at a faster pace. Factors such as growing consumer preferences towards consuming convenient packaged beverages and increasing innovations in the beverage packaging industry that help drive the costs down are the main drivers, which drive the market for beverage packaging.
The global beverage packaging market revenue was $97.2 billion in 2012 and is expected to grow at a reasonable CAGR in the future. The beverage sector driven by population growth and rising disposable incomes drives the beverage packaging market. The market was dominated by the non-alcoholic drinks segment that comprised of packaged water and carbonated soft drinks packaging both in terms of value and volume. Plastic was the dominant raw material used to package beverages in all segments. Glass, though declining, still holds a strong share in packaging high-end alcoholic beverages.
Though the global beverage packaging market is largely driven by bottle usage, consumers' push for convenient packaging would result in the growth of the pouch and carton market. These novel pack types with varying sizes and innovative closures are expected to gain momentum in the near future. Non-alcoholic beverages have been dominant in the case of beverage sector scope. However, demand for dairy beverage packaging is set to exhibit a strong growth as the consumption of liquid dairy products is increasing.
The beverage packaging market consists of various stake holders, such as packaging manufacturers, beverage manufacturers, and raw material suppliers. The companies that enjoy substantial market share are Ball Corporation (U.S.), Crown Holdings Inc. (U.S.), Rexam Plc (U.K.), and Tetra Laval International S.A. (Switzerland). Key industry players increase their business and consolidate their presence by pursuing mergers and acquisitions in attractive markets The key players held one- fourth share that depicts participation of a large number of players in this market. This fragmented industry structure is primarily due to the availability of a number of pack types and raw materials used to package beverages.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Non-Alcoholic Beverage Packaging Market
5 Alcoholic Beverage Packaging Market
6 Dairy Beverage Packaging
7 Competitive Landscape
8 Company Profiles
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/8zmjgm/beverage
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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