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Beverage Packaging Market Set To Rise in the Period from 2016-2022
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Global Beverage Packaging Market Information by Packaging Type (Flexible, Rigid & Semi-Rigid), by Materials (Metal, Plastic, Paper and Glass), by Products (Bottles, Cans, Pouch and Others), and by Region - Forecast to 2022
The beverage industry has seen massive investments for expansion and technological upgradation. The packaging of beverages both carbonated and non-carbonated, has gained lot of popularity in the packaging industry. The beverage packaging is primarily driven by the increase in the consumption of beverages. Additionally, advancement in packaging technology also fuel the growth of this market. However, stringent government regulations may hamper the growth of beverage packaging market. Beverage packaging market is expected to grow at CAGR of approximately 4% by 2022.
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Regional Analysis of Global Beverage packaging Market
North America region dominates the beverage packaging market. Adoption of advanced packaging technology & consumer awareness as well as rising beer consumption are the factors driving the growth of this market in this region. This region is expected to grow at a good pace during the forecasted period.
The key players of global beverage packaging Market report include- Saint-Gobain S.A., Tetra Laval International S.A., Owens-Illinois Inc., Crown Holdings Inc., Rexam PLC, Ball Corporation, Mondi PLC, Amcor Limited, Reynolds Group Holdings Limited, and Alcoa Inc.
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The report for Global Beverage Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions
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