How big is the Beverage Packaging Market?

The Beverage Packaging Market size is expected to reach USD 148.96 billion in 2024 and grow at a CAGR of 4.15% to reach USD 182.53 billion by 2029. Read More

What is the current Beverage Packaging Market size?

In 2024, the Beverage Packaging Market size is expected to reach USD 148.96 billion. Read More

Who are the key players in Beverage Packaging Market?

O-I Glass Inc., Tetra Laval International SA, Ball Corporation, Ardagh Group and Amcor PLC are the major companies operating in the Beverage Packaging Market. Read More

Which is the fastest growing region in Beverage Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Beverage Packaging Market?

In 2024, the Asia Pacific accounts for the largest market share in Beverage Packaging Market. Read More

What years does this Beverage Packaging Market cover, and what was the market size in 2023?

In 2023, the Beverage Packaging Market size was estimated at USD 142.78 billion. The report covers the Beverage Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Beverage Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Beverage Packaging Market - Size, Share & Industry Trends

Beverage Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Beverage Packaging Companies, and It is Segmented by Material Type (Plastic, Metal, Glass, and Paperboard), Product Type (Bottles, Cans, Pouches, Cartons, and Beer Kegs), Application (Carbonated Drinks, Alcoholic Beverages, Bottled Water, Milk, Fruit and Vegetable Juices, Energy Drinks, Plant-Based Drinks, and Other Applications), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Beverage Packaging Industry Overview

The beverage packaging market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Players in the market are adopting strategies such as partnerships, mergers, acquisitions, product innovations, and investments to enhance their product offerings and gain sustainable competitive advantage.

June 2024: Coca-Cola India initially introduced a one-liter bottle crafted entirely from 100% recycled PET (rPET) for its renowned Kinley brand. Building on this success, the company furthered its commitment to sustainability by launching Coca-Cola in rPET pack sizes of 250 ml and 750 ml variants. These eco-friendly bottles are being produced in collaboration with Coca-Cola's bottling partners, Moon Beverages Ltd and SLMG Beverages Ltd.
April 2024: Amcor PLC, a global provider of packaging solutions, launched a one-liter polyethylene terephthalate (PET) bottle for carbonated soft drink use that is made from 100% post-consumer recycled (PCR) content. This first-of-its-kind stock option will support customers as they strive to meet sustainability commitments and requirements. This new one-liter stock option made from 100% PCR helps a brand to benefit from increased speed to market while addressing the increased consumer demand and legislative requirements for post-consumer recycled content.
March 2024: Varun Beverages Ltd, PepsiCo’s franchise bottler, acquired South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. BevCo holds franchise rights from PepsiCo in South Africa, Lesotho and Eswatini. It also has distribution rights for Namibia and Botswana.