North America Beverage Packaging Market Size | COVID-19 Impact Analysis | Forecast to 2026
North America's beverage packaging market is projected to showcase a moderate CAGR of 5.7% during the forecast period (2020-2026). The key factors that drive the growth of the North American beverage packaging industry include the increased adoption of beverages, for instance, coffee and sports drinks. Caffeine is consumed in a significant amount in their daily intake among the population in the region. Whereas sports drinks are also being popular and consumed especially among the millennials. Besides, low-calorie energy and sugar-free drinks are also in the trends in the region, as there are a lot of people suffering from diabetes. Thus, this is likely to drive the North American beverage packaging market growth in the region.
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Further, the robust manufacturing base in the
region is also driving the growth of the market in the region; and the beverage
manufacturing brands operating in the region including The Coca – Cola Co., Red
Bull, Monster, Rockstar, Amp among others are continuously introducing new
flavors and health-boosting ingredients in order to attract consumers. Besides,
these companies have also shifted from packing their products in sustainable
packaging products to contain environmental harm. Thus, this led the beverage packaging
manufacturing players to introduce innovative and advanced products, thereby
contributes to the growth of the North American beverage packaging industry
growth.
Market Coverage
·
The market number available for – 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Material Type, By Product Type,
By Beverage Type
·
Competitive Landscape- Amcor Plc, Ball Corp., Berry
Global, Inc., Crown Holdings Inc., Mondi Plc, Smurfit Kappa Group, and Sonoco
Products Co.
Key questions addressed by the report
·
What is the market growth rate?
·
Which segment dominates the market in the base
year?
·
Which segment will project the fastest growth in
the market?
·
How COVID-19 impacted the market?
·
Recovery Timeline
·
Deviation from the pre-COVID-19 forecast
·
Most affected segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
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North America Beverage Packaging Market – Segmentation
By Material
·
Glass
·
Plastic
·
Paper
·
Metal
By Product
·
Bottles & Jars
·
Cans
·
Pouches
·
Cartons
·
Others
By Beverage
·
Non-Alcoholic Beverages
·
Alcoholic Beverages
North American Beverage Packaging Market –
Countries Covered
·
United States
·
Canada
Company Profiles
·
Amcor
Plc
·
Overview
·
Amcor
Plc in Beverage Packaging Landscape
·
Recent
Developments
·
Ardagh
Group SA
·
Ball
Corp.
·
Berry
Global, Inc.
·
Crown
Holdings Inc.
·
IntraPac
International LLC
·
Mondi
Plc
·
Owens-Illinois,
Inc.
·
Silgan
Containers LLC
·
Smurfit
Kappa Group
·
Sonoco
Products Co.
·
WestRock
Co
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3.
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