Beverage Packaging Market Top Companies Profile, Status and Analysis till 2021
The Beverage Packaging Market is subject to witness a substantial growth due to the growing demand for hot and cold beverages and their easy availability coupled with soaring demand for convenient & sustainable packaging solutions. Increasing demand for bioplastics and metal composites of aluminum, steel and plastic grades like polyethylene terephthalate (PET) & polyethylene (PE), glass and paper for convenient & sustainable packaging solutions drive the market growth of beverage packaging industry. Rapid industrialization in BRICS economies such as Brazil, Russia, India, China and South Africa is expected to stimulate the market growth of beverage packaging in the upcoming years. Globally, the market is predicted to grow at a significant CAGR over the forecast period, providing numerous opportunities for market players to invest for research and development in the packaging industry.
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