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the global beverage packaging market was valued at USD 125.3 Billion in 2019 and expected to reach USD 195.68 Billion by the year 2026, at a CAGR of 6.6%.
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Beverage Packaging Market To Reach USD 195.68 Billion By 2026
Market Summary According to the current analysis of Reports and Data, the global beverage packaging market was valued at USD 125.3 Billion in 2019 and expected to reach USD 195.68 Billion by the year 2026, at a CAGR of 6.6%. Beverage manufacturers are focusing on offering a superior product with the packing that is eco-friendly, easy-to-handle, and keeps the product new for a long time. Packaging innovations is becoming a norm for beverage companies with smaller package sizes, situational package types, and multi-packs. Different types of products reliant upon the drinks packed using various materials. New trends in drinks packaging are concentrating on the structure modification of materials and the development of new active and intelligent systems, which can interact with the product or its environment, refining the conservation of drinks, such as wine, juice or beer, customer acceptability, and food security. Read More : https://www.reportsanddata.com/report-detail/beverage-packaging-market
Market Summary Key participants include Crown Holdings, Inc., Ball Corporation, Tetra Laval International S.A., Bemis Company, Inc., Sonoco Products Company, Saint-Gobain S.A., Mondi PLC., Amcor Ltd., Reynolds Group Holdings Limited, Stora Enso. Material (Revenue, USD Million; 2016–2026) Glass, Plastic, Metal, Paper, Others Product Type (Revenue, USD Million; 2016–2026) Cans, Bottles, Pouches, Jars, Cartons, Others Application (Revenue, USD Million; 2016–2026) Alcoholic, Non-Alcoholic
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