Alcoholic Beverage Packaging Market Trends, Demand, Opportunity and Forecast

Summary

Technavio Announces the Publication of its Research Report – Global Alcoholic Beverage Packaging Market 2016-2020

Technavio recognizes the following companies as the key players in the global alcoholic beverage packaging market: Amcor, Ball, Owens-Illinois, Rexam, and Tetra Laval.

Other Prominent Vendors in the market are: Ardagh, Allied Glass Containers, Can-Pack, Crown Holdings, WestRock, Nampak, Plastipak Packaging, and Consol Glass.

Commenting on the report, an analyst from Technavio’s team said: “Increased adoption of pouch packaging will be a key trend leading to market growth. Pouch packaging is currently gaining traction in the global alcoholic beverage packaging market. Gin, vodka, and tequila are available in pouch packaging. Pouches are made of multi-level laminates that maintain the quality of alcoholic beverage products. Many alcoholic beverage packaging companies have started the use of stand-up pouch packaging. Sustainable stand-up pouches are eco-friendly as they are non-toxic and biodegradable. These pouches are also efficient in protecting the quality and essence of the product inside. The global stand-up pouch market was valued at $6.03 billion in 2014. The increased use of pouch packaging is expected to propel the growth of global alcoholic beverage packaging market during the forecast period.”

Browse full report with TOC@ https://marketreportscenter.com/reports/344153/global-alcoholic-beverage-packaging-market-2016-2020

According to the report, increased use of sustainable packaging will be a key driver for market growth. Manufacturers in the alcoholic beverage packaging industry not only develop products to preserve packed alcoholic beverages, but also aim to protect their quality for longer periods. There is also an increase in demand for packaging material that is eco-efficient. Sustainable packaging offers several advantages to alcoholic beverage packaging manufacturers such as reduced weight of packaging products and...