Market Research Reports has announced the addition of “Global Soft Drinks Packaging Market 2016 – 2020” research report to their offering.
The report forecasts the global soft drinks packaging market to grow at a CAGR of 3.86% during the period 2016-2020.
Soft drinks are non-alcoholic drinks that include the following segments: CSDs, juices and concentrates, ready-to-drink (RTD) tea and coffee, and functional drinks. Soft drink packaging provides product support, external environment protection, and tamper resistance. It aids in the reliable distribution of soft drinks among the value chain and reduces post-production damage. The different types of materials used in packaging of soft drinks are glass, plastic, metal, and paperboard. The application of these packaging materials is for hot beverages, packaged water, CSD, and sports and energy drinks.
The report covers the present scenario and the growth prospects of the global soft drinks packaging market for the period 2016-2020. To calculate the market size, in terms of revenue the report considers the sales of soft drinks packaging products for different end-user application.
According to the report, increased consumption of soft drinks, especially functional drinks, leads to market growth in developing nations. The popularity of packaging is also because of changing consumer tastes and lifestyles and increase in organized retail stores in these regions. Organized retail stores prefer branded packaged goods.
Further, the report states that intense competition and stringent regulations have restricted the growth of the market.
Global Soft Drinks Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the Global Soft Drinks Packaging Market: Amcor, Ball Corporation, Crown Holding, Graham Packaging Company, Rexam, and Tetra Laval International.
Other Prominent Vendors in the market are: Allied Glass Containers, Aptargroup, Ardagh, Bemis, Can-Pack, CCL Industries, CKS Packaging, DS Smith, Evergreen Packaging, Genpak, Mondi Group, Owens-Illinois (O-I), Silgan Holdings, Sonoco Products, and Stora Enso.
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