The Asia-Pacific beverage packaging market is projected to grow at a CAGR of 8.1% during the forecast period. The key factors that drive the market growth include the rising disposable income, increased demand, and consumption of several beverages along with a high preference for alcohol consumption in the region. Significant growth of the beverage industry is encouraging the beverage packaging market in the region. The changing social norms and the growing acceptability of several beverages have led to high consumption among people in the region. Besides, the American and European markets are saturated; hence, the manufacturing companies are looking towards Asia-Pacific and other emerging economies to expand their sales as well as to set up production facilities across the region.

The Asia-Pacific beverage packaging market is segmented on the basis of material, product, and beverage. Based on the material, the market is sectioned into glass, plastic, paper, and metal. Plastic is estimated to exhibit significant growth during the forecast period. Based on the product, the market is segmented into bottles & jars, cans, pouches, cartons, and others. The bottles & jars segment is estimated to contribute a prominent share in the market. Based on the beverage, the market is segmented into non-alcoholic beverages (such as water, juices, energy drinks, carbonated drinks, and dairy beverages) and alcoholic beverages. Non-alcoholic beverage tends to contribute a significant share in the market.

Based on the country-level analysis, the Asia-Pacific beverage packaging market is segmented into India, China, Japan, and the Rest of Asia-Pacific. Further, Amcor Plc, Ball Corp., Berry Global, Inc., Crown Holdings Inc., Gerresheimer AG, and Mondi Group Plc are some of the prominent players functioning in the Asia-Pacific beverage packaging market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market. For instance, in January 2020, Gerresheimer AG announced to expand production output in Asia-Pacific. The company has over 35 sites in Europe, the Americas, and Asia making specialty packaging from glass and plastic. 

Research Methodology

The market study of the Asia-Pacific beverage packaging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for beverage packaging companies, beverage manufacturing companies, raw material suppliers, third-party distributors, research institutes, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Asia-Pacific Beverage Packaging Market Research and Analysis by Material
2. Asia-Pacific Beverage Packaging Market Research and Analysis by Product
3. Asia-Pacific Beverage Packaging Market Research and Analysis by Beverage

The Report covers:

• Comprehensive research methodology of the Asia-Pacific Beverage Packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific Beverage Packaging market.
• Insights about market determinants which are stimulating the Asia-Pacific Beverage Packaging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.