The global demand for Beverage Carton Packaging Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Beverage cartons are made of paperboard, aluminum, and polymer. In carton package, paperboard acts as a renewable material, polymers function to prevent leakage, and aluminum protects drinks from light and oxygen. This packaging type is a widely used form of packaging to protect fresh drink and food products, enabling distribution either at ambient temperatures or under refrigerated conditions and safeguard the freshness, flavors, and nutritional qualities of the product during transportation.
Rising concerns over polymer waste and its harmful impacts on the environment, coupled with increasing demand for beverages is driving the beverage carton packaging market. Moreover, the growing trend to improve the conventional containers to extend their shelf-life of the products and provide higher consumer convenience is propelling the preference for beverages carton packaging. Changing lifestyles, coupled with an increasing focus on convenience is likely fuelling the demand for beverage carton packaging. However, the availability of alternative technology offers the threat of substitution and hamper the market’s growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of beverage carton packaging.
The entire beverage carton packaging market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Alcoholic Beverages
- Soft Drinks
- Dairy Beverages
This section covers regional segmentation which accentuates on current and future demand for beverage carton packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Beverage Carton Packaging Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the beverage carton packaging market include Tetra Pak, Victory Packaging, BevSource, Westrock, Temple Packaging. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.