The North America Beverage Packaging Market was worth USD 23.35 billion in 2021 and is estimated to be growing at a CAGR of 4.31%, to reach USD 28.84 billion by 2026. The market contains evident potential in the mentioned forecasting period.
Beverage packaging is done to safeguard the ingredients in a container whether it is of glass, metal, plastic, or paperboard. Their use in day-to-day life drives opportunities in the North America beverage packaging market.
Beverage packaging comes in different packaging materials, they could either be glass, metal, plastic or paperboard. Every material has its different economies of scale and ease of access which drives the production. Packaging is an effective way to communicate with the customers as they are the face of companies and packaging differentiates a particular product from its competitors.
The market is driven by the changing lifestyles in the North America region. In the recent times, the on-the-go consumption has increased in the US and Canada. This is a main reason for the growth of the Beverage packaging market in this region. United States and Canada have high disposable income thus making North America a profitable market for the beverage packaging industry. Many technological advancements are made in the field of beverage packaging which aids in the development of innovative, cost-effective and environment friendly products.
The North America market for Beverage Packaging is broadly categorized into Type (Bottle, Can, Pouch, Carton), Material (Glass, Plastic, Metal, Paperboard), and Application (Alcoholic, Non-Alcoholic, Dairy). Plastic packaging accounted for the largest share of the Beverage Packaging industry and is projected to witness tremendous growth rate during the forecast period.
Geographically the North America Beverage Packaging Market is segmented into US, Canada and Rest of North America. The beverage packaging market was dominated by USA, with the largest share in the region. USA was followed by Canada. Canada is predicted to grow at a rapid pace in the coming few years.
Key Players in this Market:
Major Key Players in the North America 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
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
6.1.4 Market Attractiveness 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
6.1.5 Market Share 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
6.2 United States
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