The US beverage packaging market is projected to grow at a CAGR of 5.3% during the forecast period. The key factors that drive the market growth include the rising demand for premium products from the young population. The US has the highest population in the North American region with around 327 million in 2018 and more than 81% of the population is above 15 years, as per WHO. The introduction of ready to drink beverages has been catering to the growing number of consumers. Growing concerns regarding obesity and other diseases are further reshaping the overall beverages market with the consumers’ increasing shift towards the diet-based drinks and several protein shakes. Thus, this growth in the beverage business is likely to encourage market growth over the forecast period.

The US 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.

Further, Amcor Plc, Ball Corp., Berry Global, Inc., Crown Holdings Inc., Mondi Group Plc, Smurfit Kappa Group, Sonoco Products Co., and Stora Enso Oyj are some of the prominent players operating in the US beverage packaging market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

Research Methodology

The market study of the US 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. US Beverage Packaging Market Research and Analysis by Material
2. US Beverage Packaging Market Research and Analysis by Product
3. US Beverage Packaging Market Research and Analysis by Beverage

The Report covers:

• Comprehensive research methodology of the US 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 US Beverage Packaging market.
• Insights about market determinants which are stimulating the US Beverage Packaging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.