The Asia Pacific Beverage Packaging Market was worth USD 35.64 billion in 2021 and estimated to be growing at a CAGR of 4.5%, to reach USD 44.42 billion by 2026. The market is showcasing enormous potential in the forecasting period.
Beverage packaging is used to prevent deterioration of packaged goods from unwanted foreign matter which would otherwise hamper the quality and taste of the beverages. Recent economic elevation in the emerging nations boosts the Asia-Pacific beverage packaging market.
Packaging can be done in various different materials namely glass, plastic, metal and paperboard. Packaging is an integral part of food & beverages industry. Packaging helps in protecting the goods from deteriorating due to external weather conditions and also helps in creating a communication channel through which a brand communicates with its consumers. Packaging not only increases the shelf life of a product but also decides the mode of transportation and ease of storage.
The market is driven by the changing lifestyles in the Asia Pacific region. In the recent times, India, China, Japan and South Korea are witnessing high demand of on-the-go consumption. This is fuelling the growth of the Beverage packaging market in this region. China and India have a very large population and thus making Asia Pacific a suitable market for the beverage packaging industry. The factors which affect the beverage packaging industry are the per capita disposable income, growing health concerns, ease of access etc.
The Asia-Pacific market for Beverage Packaging is broadly segmented into Type (Bottle, Can, Pouch, Carton), Material (Glass, Plastic, Metal, Paperboard), and Application (Alcoholic, Non-Alcoholic, Dairy). Plastic packaging accounted for the highest revenue of the Beverage Packaging industry and is projected to witness huge growth rate during the forecast period.
Geographically the Asia Pacific Beverage Packaging Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia. The beverage packaging market was dominated by China, with the overall market share of over 33%. China was followed by India and Japan. India is predicted to grow at a steady pace in the coming few years.
Key Players in this Market:
Major Key Players in the APAC Beverage Packaging Market are
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2.6 Y-o-Y Growth Analysis, By Material
5.2.7 Market Attractiveness Analysis, By Material
5.2.8 Market Share Analysis, By Material
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type
22.214.171.124 By Material
126.96.36.199 By Application
6.1.4 Market Attractiveness Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Type
220.127.116.11 By Material
18.104.22.168 By Application
6.1.5 Market Share Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Material
184.108.40.206 By Application
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Saint-Gobain S.A.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Tetra Laval International S.A.
8.3 Stora Enso Oyj
8.4 Owens-Illinois, Inc.
8.5 Crown Holdings, Inc.
8.6 Rexam PLC
8.7 Ball Corporation
8.8 Mondi PLC
8.9 Amcor Limited
8.10 Reynolds Group Holdings Limited
8.11 Alcoa Inc.
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures