Market Research Report

Secondary Packaging For Beverages Market

Secondary Packaging For Beverages Market Research Report: Size, Share, Trend Analysis By Product Type (Folding Cartons, Shrinks Wraps and Films, Beverage plastic rings), By Material Type (Plastic, Cardboards) and By Region (North America, Europe, Asia Pacific, Africa, South America) - Growth Outlook & Industry Forecast To 2030

Vertical: PCMBase Year: 202112 Sections

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Executive Summary

Secondary Packaging For Beverages Market — Snapshot

  • Market Size (2021)

    $7.80B

  • Projected (2030)

    $11.74B

  • CAGR (2018–2030)

    3.9%

  • Key Players

    10+

The global secondary packaging for beverages market is rapidly growing due to increasing consumption of beverage in emerging economies and rising demand for sustainable packaging for food and beverages. Furthermore, rising adoption of biodegradable and renewable raw materials are likely to present a growth opportunity for the players in the global market.

The global secondary packaging for beverages market is projected to grow at 4.7% CAGR during the forecast period, 2022–2030. In 2021, the secondary packaging for beverages market was dominated by North America with a 35.6% share, followed by Asia-Pacific, Europe, Africa, and Latin America with shares of 28.9%, 24.5%, 6.1%, and 4.9% respectively.

The global secondary packaging for beverages market has been segmented based on product type, material type, and region. Based on product type, the global secondary packaging for beverages market has been segmented into folding cartons, shrinks wraps and films, beverage plastic rings.

The folding cartons segment is expected to grow at 5.1% CAGR during the forecast period. In 2021, the folding cartons segment held 44.7% of the global secondary packaging for beverages market.

Based on material type, the global secondary packaging for beverages market has been segmented into plastic, and cardboard. The plastic segment is expected to grow at 4.1% CAGR during the forecast period. In 2021, the plastic segment held a 55.8% share of the global secondary packaging for beverages market.

Key Insight

The Secondary Packaging For Beverages Market market is projected to grow at a CAGR of 3.9% from 2018 to 2030.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: North America, Europe, Asia Pacific, Africa, South America.
  • Market Segmentation: The market is analyzed across 3 segments: Folding Cartons, Shrinks Wraps and Films, Beverage plastic rings. Forecasts are provided for each segment from 2018 to 2030.
  • Competitive Landscape: 10 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Secondary Packaging For Beverages Market

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