LONDON--(BUSINESS WIRE)--Aug 8, 2018--The global beverage packaging market is expected to post a CAGR of close to 5% during the period 2018-2022, according to the latest market research report by .

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Technavio has published a new market research report on the global beverage packaging market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the rising consumption of bottled water. The total consumption of bottled water in 2016 in the US increased by more than 8% when compared with 2015. The global bottled water market is expected to display similar growth figures during the forecast period. The global bottled water market was valued at USD 207.75 billion in 2017.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the growing adoption of stand-up pouches and bag-in-box packaging for beverages as one of the key emerging trends in the global beverage packaging market:

Global beverage packaging market: Growing adoption of stand-up pouches and bag-in-box packaging for beverages

The vendors are introducing new packaging that is not only appealing to consumers in terms of visuals and handling but also beneficial in terms of supply chain management because of the intense competition in the market. These types of innovative packaging led to the increasing use of stand-up pouches and bag-in-box packaging.

“A stand-up pouch weighs very less when compared with a glass bottle. On an average, a stand-up pouch will weigh very less compared to a glass bottle. The lower weight of standup pouches enhances their functionality of portability. Bag-in-box offers similar advantages such as lower weight and portability when compared with glass,” says a senior analyst at Technavio for research on packaging.

Global beverage packaging market: Segmentation analysis

This market research report segments the global beverage packaging market by packaging material (rigid plastic, glass, and metal) and geography (APAC, EMEA, and the Americas).

APAC led the market in 2017 with almost 37% of the market share, followed by EMEA and the Americas respectively. The market share of APAC is expected to increase by almost 1% by 2022 and this region will dominate the global market throughout the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market sizing Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005524/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING PACKAGING RETAIL FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/08/2018 11:27 AM/DISC: 08/08/2018 11:27 AM

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