Liquid refreshment packaging Market provides product protection, tampering protection, helps in food nutrition, reliable and rapid distribution of food among value chain and decreases post-production losses. Different types of packaging materials used in liquid refreshments industries are flexible plastic packaging, rigid plastic packaging, paperboard packaging, wood packaging, vegetable fibers, earthenware packaging, metal packaging, aerosols, beverages can, and glass.
In liquid refreshments industry, these packaging materials are used for dairy products packaging, hot drink packaging, water packaging, and energy and sports drinks packaging.
The global liquid refreshment packaging market report has been segmented on the basis of type, material, application, and region.
On the basis of material, the global liquid refreshment packaging market has been segmented into glass, metal, plastic, paperboard, and others (plastic films and wood). The plastic segment is projected to account for highest share in terms of revenue in the global liquid refreshment packaging market during the forecast period. However, paperboard segment is expected to grow at highest CAGR over the forecast period in terms of revenue, owing to its low production and processing cost compared to other packaging materials.
On the basis of application, the global liquid refreshment packaging market has been segmented into dairy beverages and non-alcoholic beverages. The dairy beverages segment is projected to account for highest share in the global liquid refreshment packaging market in terms of revenue.
On the basis of region, the global liquid refreshment packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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North America market projected to account for major revenue share in the global liquid refreshment packaging market in 2017. Asia Pacific liquid refreshment packaging market is projected to witness extended growth in next seven years, owing to increasing demand for liquid refreshments products from various developing countries such as India and China in this region.
Key players operating in the global market include Alcoa Corporation, Amcor Limited, Ball Corporation, Crown Holdings, Inc., Mondi PLC, Owens-Illinois Inc., Reynolds Group Holdings Limited, Saint-Gobain S.A., STORA ENSO, Tetra Laval, and International S.A.