Beverage Packaging Market in Europe to Grow at a CAGR of 3.64 Percent

Strategic Insights -

The Beverage Packaging market in Europe is a rapidly growing industry that provides product support, external environment protection, and tampering resistance for a variety of beverages. The market is segmented into four main categories: plastic, metal, glass, and other packaging materials. TechNavio's report, the Beverage Packaging Market in Europe 2015-2019, forecasts the market to grow at a Compound Annual Growth Rate (CAGR) of 3.64 percent over the period 2014-2019. This growth is driven by the increasing demand for Ready-to-Drink (RTD) beverages, which require specialized packaging.

Key Takeaways:

  • The Beverage Packaging market in Europe is forecast to grow at a CAGR of 3.64 percent from 2014 to 2019, driven by the increasing demand for RTD beverages.
  • The market is segmented into plastic, metal, glass, and other packaging materials, with plastic being the leading category.
  • Key vendors in the market include Amcor, Ball, Crown Holdings, Owens-Illinois, and Rexam, among others.
  • The market driver is the growing preference for RTD beverages, which requires specialized packaging.
  • The key challenges to market growth include the need for expansion of production capacity and the need for product innovation and focus on lightweighting.
  • The key questions answered in this report include the market size, growth rate, key market trends, driving factors, challenges, key vendors, market opportunities, and threats.

Statistics:

  • The Beverage Packaging market in Europe is forecast to grow at a CAGR of 3.64 percent from 2014 to 2019.
  • The market is segmented into plastic, metal, glass, and other packaging materials, with plastic accounting for 55.7 percent of the market in 2014.
  • The leading manufacturing countries in the market include Germany, France, the UK, and Poland.
  • The key vendors in the market include Amcor, Ball, Crown Holdings, Owens-Illinois, and Rexam, among others.

Sources:

  • "Beverage Packaging Market in Europe 2015-2019" Report by TechNavio
  • "About Reportlinker" (ReportLinker website, no date)
  • "Beverage Packaging Market in Europe 2015-2019" (TechNavio website, no date)
  • Press release: "Beverage Packaging Market in Europe 2015-2019" (PR Newswire, April 6, 2015)