Market Overview:
The global food and beverage packaging materials 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 packaged food and beverages, rising disposable income, and growing urbanization. In terms of type, the plastic packaging segment is expected to dominate the market during the forecast period. This can be attributed to its properties such as durability, lightweight, and recyclability. In terms of application, meat packing is expected to be one of the fastest-growing segments during the forecast period owing to an increase in consumption of meat products across regions.
Product Definition:
Food and beverage packaging materials are the materials used to package food and beverages. The most common food packaging materials are plastics, paper, cardboard, aluminum foil, and glass. Food packaging is important because it protects the food from contamination and spoilage while also providing a means of marketing the product.
Plastic Packaging:
Plastic packaging is a protective packaging material that is used for packing and storing various products such as food, beverages, pharmaceuticals, personal care products among others. The global plastic packaging market size was estimated at USD 265 billion in 2016. It is expected to register a CAGR of XX% over the forecast period. Increasing demand from end-use industries coupled with rising focus on sustainable solutions will drive the growth of this industry during the forecast period.
Metal Packaging:
Metal packaging and it's usage in food & beverage packaging materials market is driven by the increasing demand for metal cans. Metal cans are widely used to store various types of beverages such as milk, juices, carbonated drinks, alcoholic drinks and soft drinks among others. The growing population coupled with rapid urbanization has led to an increase in the consumption of these products which is expected to have a positive impact on metal packaging industry over the forecast period.
Application Insights:
Meat packing application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing meat consumption, which has resulted in growing demand for packaging solutions.
The dairy industry also contributes significantly to overall industry growth owing to rising demand from various countries such as India, China and Brazil for dairy products. Moreover, beverages are expected to witness significant growth over the forecast period due to changing consumer lifestyle along with increasing consumption of functional drinks & juices among other beverages. Paper packaging is one of the most used types in milk pouches followed by plastic and metal among others such as glass or aluminum cans that are used for carbonated soft drinks production globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017, accounting for a share of over 35.0% owing to increasing demand from various application industries in this region. The growth is attributed to the rising population and changing lifestyle which demands packaged food products such as ready-to-eat meals, snacks, and confectionery items on daily basis.
The growing middle-class population coupled with rising disposable income has led to an increase in spending on household essentials such as home delivery of milk and eggs along with other grocery products that were earlier purchased at local stores by individuals themselves. This trend is anticipated to drive the demand for packaging materials used for delivering these grocery products at doorstep thereby driving industry growth over the forecast period.
Europe was estimated as second largest regional market followed by North America owing to high consumption of dairy foods coupled with meat processing industry presence mainly in Germany, France, Italy and U.K.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the food and beverage packaging materials market. Convenience foods are those that can be easily prepared and consumed, without any major preparation time or hassle. This type of food is becoming increasingly popular among consumers, as it allows them to save time and effort. Thus, the increasing demand for convenience foods is expected to drive the growth of the food and beverage packaging materials market in the coming years.
- Rising disposable income levels: Another key factor driving growth in this market is rising disposable income levels across regions worldwide. With more money at their disposal, consumers are increasingly spending on premium products that come in attractive packaging formats. This is providing a boost to the sales of food and beverage packaging materials manufacturers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food and Beverage Packaging Materials Market Research Report
By Type
Plastic Packaging, Metal Packaging, Glass Packaging, Paper Packaging, Other Packaging
By Application
Meat Packing, Dairy Packaging, Beverage Packaging, Grease Packaging, Other Packaging
By Companies
Tetra Pak, Klabin, WestRock, Trombini, Crown, Ball, ValGroup, Videplast, CSN, Owens-Illinois, Verallia, SIG Combibloc, Bemis
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Food and Beverage Packaging Materials Market Report Segments:
The global Food and Beverage Packaging Materials market is segmented on the basis of:
Types
Plastic Packaging, Metal Packaging, Glass Packaging, Paper Packaging, Other Packaging
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
Meat Packing, Dairy Packaging, Beverage Packaging, Grease Packaging, Other Packaging
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:
- Tetra Pak
- Klabin
- WestRock
- Trombini
- Crown
- Ball
- ValGroup
- Videplast
- CSN
- Owens-Illinois
- Verallia
- SIG Combibloc
- Bemis
Highlights of The Food and Beverage Packaging Materials 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:
- Plastic Packaging
- Metal Packaging
- Glass Packaging
- Paper Packaging
- Other Packaging
- By Application:
- Meat Packing
- Dairy Packaging
- Beverage Packaging
- Grease Packaging
- Other Packaging
- 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 Food and Beverage Packaging Materials 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Food and beverage packaging materials are the containers, boxes, bags, lids and other components used to package food or beverages for sale.
Some of the major players in the food and beverage packaging materials market are Tetra Pak, Klabin, WestRock, Trombini, Crown, Ball, ValGroup, Videplast, CSN, Owens-Illinois, Verallia, SIG Combibloc, Bemis.
The food and beverage packaging materials 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 Food and Beverage Packaging Materials 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 Food and Beverage Packaging Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food and Beverage Packaging Materials 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 Food and Beverage Packaging Materials 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 Food and Beverage Packaging Materials Market Size & Forecast, 2020-2028
4.5.1 Food and Beverage Packaging Materials Market Size and Y-o-Y Growth
4.5.2 Food and Beverage Packaging Materials Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Plastic Packaging
5.2.2 Metal Packaging
5.2.3 Glass Packaging
5.2.4 Paper Packaging
5.2.5 Other Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Meat Packing
6.2.2 Dairy Packaging
6.2.3 Beverage Packaging
6.2.4 Grease Packaging
6.2.5 Other Packaging
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food and Beverage Packaging Materials 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 Food and Beverage Packaging Materials 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Plastic Packaging
9.6.2 Metal Packaging
9.6.3 Glass Packaging
9.6.4 Paper Packaging
9.6.5 Other Packaging
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 Market Size Forecast by Applications
9.10.1 Meat Packing
9.10.2 Dairy Packaging
9.10.3 Beverage Packaging
9.10.4 Grease Packaging
9.10.5 Other Packaging
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Plastic Packaging
10.6.2 Metal Packaging
10.6.3 Glass Packaging
10.6.4 Paper Packaging
10.6.5 Other Packaging
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 Market Size Forecast by Applications
10.10.1 Meat Packing
10.10.2 Dairy Packaging
10.10.3 Beverage Packaging
10.10.4 Grease Packaging
10.10.5 Other Packaging
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Plastic Packaging
11.6.2 Metal Packaging
11.6.3 Glass Packaging
11.6.4 Paper Packaging
11.6.5 Other Packaging
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 Market Size Forecast by Applications
11.10.1 Meat Packing
11.10.2 Dairy Packaging
11.10.3 Beverage Packaging
11.10.4 Grease Packaging
11.10.5 Other Packaging
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Plastic Packaging
12.6.2 Metal Packaging
12.6.3 Glass Packaging
12.6.4 Paper Packaging
12.6.5 Other Packaging
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 Market Size Forecast by Applications
12.10.1 Meat Packing
12.10.2 Dairy Packaging
12.10.3 Beverage Packaging
12.10.4 Grease Packaging
12.10.5 Other Packaging
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Plastic Packaging
13.6.2 Metal Packaging
13.6.3 Glass Packaging
13.6.4 Paper Packaging
13.6.5 Other Packaging
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) Market Size Forecast by Applications
13.10.1 Meat Packing
13.10.2 Dairy Packaging
13.10.3 Beverage Packaging
13.10.4 Grease Packaging
13.10.5 Other Packaging
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 Food and Beverage Packaging Materials Market: Competitive Dashboard
14.2 Global Food and Beverage Packaging Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tetra Pak
14.3.2 Klabin
14.3.3 WestRock
14.3.4 Trombini
14.3.5 Crown
14.3.6 Ball
14.3.7 ValGroup
14.3.8 Videplast
14.3.9 CSN
14.3.10 Owens-Illinois
14.3.11 Verallia
14.3.12 SIG Combibloc
14.3.13 Bemis
