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.
Browse the full report description North America Beverage Packaging Market Size, Share & Trends Analysis Report by Material (Glass, Plastic, Paper, Metal), By Product (Bottles & Jars, Cans, Pouches, Cartons, Others), and by Beverage (Non-Alcoholic and Alcoholic), and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/north-america-beverage-packaging-market
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
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
North America Beverage Packaging Market – Segmentation
By Material
By Product
By Beverage
North American Beverage Packaging Market – Countries Covered
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