Global market for beverage packaging 2015-2022

01 February 2016

According to a new report by Stratistics MRC, the global beverage packaging market is estimated at $155.3 million in 2015 and is poised to reach $218.6 million by 2022, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period. Rising beverage consumption in emerging economies is one of the key drivers of the market. Stringent environmental legislations and sluggish demand for beverages are the factors restraining market growth. The opportunity lies in elevated growth of PET as packaging raw material, forward integration and transforming unpackaged into packaged. Feel and dimension of packaging products and rising trend towards aseptic are also fueling market growth.
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