Market Overview:
The global beverage flexible packaging market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and sustainable packaging solutions, rising consumer preference for convenience foods, and growing demand for ready-to-drink beverages. Based on type, the global beverage flexible packaging market is segmented into PE, LDPE, PP, PET and PVDC. Of these segments, PE is expected to account for the largest share of the global beverage flexible packaging market in 2018. This can be attributed to its low cost and high durability. Based on application, alcoholic beverages are expected to account for the largest share of the global beverage flexible packaging market in 2018 followed by non-alcoholic beverages.
Product Definition:
Beverage flexible packaging is a type of packaging that is used to store and distribute beverages. This type of packaging is made from flexible materials, such as plastics or paper, which allows it to be easily folded and transported. Beverage flexible packaging is important because it helps preserve the quality of the beverage while also protecting it from damage.
PE:
Polyethylene is a widely used polymer in the flexible packaging market owing to its properties such as high strength, stiffness, and low moisture permeability. It can be recycled from plastic bottles and containers easily. Polyethylene terephthalate or PET is a non-toxic, lightweight & safe thermoplastic that can be recycled over & over without losing its chemical composition.
LDPE:
LDPE (Linear Density Polyethylene) is a low-density polyethylene resin that offers excellent clarity, processability, and high impact strength. It has been widely used in the beverage industry for bottling beverages such as soft drinks and energy drinks. LDPE provides superior barrier properties to carbonation and oxygen which makes it suitable for packaging of non-carbonated soft drinks such as mineral water, flavored waters etc.
Application Insights:
Alcoholic beverages was the largest application segment in 2016 and is projected to maintain its lead over the forecast period. The growth of this application can be attributed to increasing demand for alcoholic beverages, particularly wine, beer and spirits across various regions including North America and Europe.
Non-alcoholic beverage applications are expected to witness significant growth over the forecast period owing to rising consumer preference for packaged drinking water, energy drinks & soft drinks among other non-alcoholic beverages such as juices & smoothies. Rising health awareness has led consumers towards opting for healthier products with less sugar content which in turn is boosting sales of these types of packaged drinking water, juice & smoothies among others.
The food industry uses flexible packaging materials such as PE foils and LDPE liners for packaging a wide range of products including ready meals, snacks (candy), frozen foods (desserts), bakery products along with a large number of bottles used in food processing industries across various regions globally.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from the food and beverage industry. The region accounted for a share of more than 30% in terms of revenue. Increasing consumption of alcoholic beverages is one of the major factors driving growth in this region. In addition, rising consumer preference for bottled water has also contributed to product demand.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing per capita income levels and changing lifestyles among consumers, which have resulted into increased spending on food products including packaged juices and ready-to-drink tea bags & cups throughout China, India, Japan, South Korea & Taiwan). This trend will continue driving growth during forecast years as these are some highly consumed beverages across all these countries (Ref: IBEF; 2018).
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the beverage flexible packaging market. Flexible packaging offers several advantages over traditional rigid packaging, such as reduced weight and volume, and easy handling. This is helping to drive the adoption of flexible packaging in the beverage industry.
- Rising demand from emerging markets: The Asia Pacific region is expected to be a major growth driver for the beverage flexible packaging market in coming years due to rising disposable incomes and changing lifestyles in countries such as China and India. Additionally, increasing awareness about health benefits of packaged beverages is also contributing to the growth of this market.
- Growing popularity of single-serve packs: Single-serve packs are becoming increasingly popular among consumers due to their convenience and portability features. This is benefiting the growth of the beverage flexible packaging market as most single-serve packs are made using flexible materials like plastic films or laminated paperboard sheets..
Scope Of The Report
Report Attributes
Report Details
Report Title
Beverage Flexible Packaging Market Research Report
By Type
PE, LDPE, PP, PET, PVDC
By Application
Alcoholic Beverages, Non-Alcoholic Beverages
By Companies
Alcoa, Amcor Limited, Ball Corporation, Crown Holdings, Mondi PLC, Owens-Illinois, Rexam PLC, Packaging Group Corp, Hood Packaging Corporation, American Packaging Corporation, Alcoa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Beverage Flexible Packaging Market Report Segments:
The global Beverage Flexible Packaging market is segmented on the basis of:
Types
PE, LDPE, PP, PET, PVDC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Alcoholic Beverages, Non-Alcoholic Beverages
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcoa
- Amcor Limited
- Ball Corporation
- Crown Holdings
- Mondi PLC
- Owens-Illinois
- Rexam PLC
- Packaging Group Corp
- Hood Packaging Corporation
- American Packaging Corporation
- Alcoa
Highlights of The Beverage Flexible Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PE
- LDPE
- PP
- PET
- PVDC
- By Application:
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beverage Flexible Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beverage flexible packaging is a type of packaging that allows for the easy and safe transportation and storage of beverages. This type of packaging can be used to package a variety of drinks, including carbonated beverages, energy drinks, sports drinks, juice boxes, water bottles and more.
Some of the major players in the beverage flexible packaging market are Alcoa, Amcor Limited, Ball Corporation, Crown Holdings, Mondi PLC, Owens-Illinois, Rexam PLC, Packaging Group Corp, Hood Packaging Corporation, American Packaging Corporation, Alcoa.
The beverage flexible packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beverage Flexible Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beverage Flexible Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beverage Flexible Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beverage Flexible Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beverage Flexible Packaging Market Size & Forecast, 2018-2028
4.5.1 Beverage Flexible Packaging Market Size and Y-o-Y Growth
4.5.2 Beverage Flexible Packaging Market Absolute $ Opportunity
Chapter 5 Global Beverage Flexible Packaging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Beverage Flexible Packaging Market Size Forecast by Type
5.2.1 PE
5.2.2 LDPE
5.2.3 PP
5.2.4 PET
5.2.5 PVDC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Beverage Flexible Packaging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Beverage Flexible Packaging Market Size Forecast by Applications
6.2.1 Alcoholic Beverages
6.2.2 Non-Alcoholic Beverages
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beverage Flexible Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beverage Flexible Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Beverage Flexible Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Beverage Flexible Packaging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Beverage Flexible Packaging Market Size Forecast by Type
9.6.1 PE
9.6.2 LDPE
9.6.3 PP
9.6.4 PET
9.6.5 PVDC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Beverage Flexible Packaging Market Size Forecast by Applications
9.10.1 Alcoholic Beverages
9.10.2 Non-Alcoholic Beverages
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Beverage Flexible Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Beverage Flexible Packaging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Beverage Flexible Packaging Market Size Forecast by Type
10.6.1 PE
10.6.2 LDPE
10.6.3 PP
10.6.4 PET
10.6.5 PVDC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Beverage Flexible Packaging Market Size Forecast by Applications
10.10.1 Alcoholic Beverages
10.10.2 Non-Alcoholic Beverages
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Beverage Flexible Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Beverage Flexible Packaging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Beverage Flexible Packaging Market Size Forecast by Type
11.6.1 PE
11.6.2 LDPE
11.6.3 PP
11.6.4 PET
11.6.5 PVDC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Beverage Flexible Packaging Market Size Forecast by Applications
11.10.1 Alcoholic Beverages
11.10.2 Non-Alcoholic Beverages
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Beverage Flexible Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Beverage Flexible Packaging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Beverage Flexible Packaging Market Size Forecast by Type
12.6.1 PE
12.6.2 LDPE
12.6.3 PP
12.6.4 PET
12.6.5 PVDC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Beverage Flexible Packaging Market Size Forecast by Applications
12.10.1 Alcoholic Beverages
12.10.2 Non-Alcoholic Beverages
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Beverage Flexible Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Beverage Flexible Packaging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Beverage Flexible Packaging Market Size Forecast by Type
13.6.1 PE
13.6.2 LDPE
13.6.3 PP
13.6.4 PET
13.6.5 PVDC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Beverage Flexible Packaging Market Size Forecast by Applications
13.10.1 Alcoholic Beverages
13.10.2 Non-Alcoholic Beverages
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beverage Flexible Packaging Market: Competitive Dashboard
14.2 Global Beverage Flexible Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcoa
14.3.2 Amcor Limited
14.3.3 Ball Corporation
14.3.4 Crown Holdings
14.3.5 Mondi PLC
14.3.6 Owens-Illinois
14.3.7 Rexam PLC
14.3.8 Packaging Group Corp
14.3.9 Hood Packaging Corporation
14.3.10 American Packaging Corporation
14.3.11 Alcoa
