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Global Non-alcoholic Beverage Packaging Market: Snapshot

Surge in popularity of adult soft drinks across the globe is expected to boost expansion opportunities for companies operating in the global non-alcoholic beverage packaging market during the forecast period of 2021 to 2031.

An upcoming research report by Transparency Market Research (TMR) gives thorough assessment of major factors influencing the development curve of the global non-alcoholic beverage packaging market. Thus, the report delivers comprehensive analysis of prime elements such as drivers, historical and present trends, growth restraints, R&D activities, challenges, and growth avenues in the market. Furthermore, the document offers trustworthy data on production, sales, shares, volume, and revenues of the market for non-alcoholic beverage packaging. Thus, this study works as a helpful document to gain thorough insights on the market.

The research analysts have demonstrated all information and analysis of the non-alcoholic beverage packaging market in the form of varied segments, which are decided on many crucial parameters such as packaging material and region. In terms of packaging material, the market is classified into three parts, namely, plastic, glass, and metal.

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Key Drivers of Non-alcoholic Beverage Packaging Market Growth

In recent years, there is significant growth in the popularity of adult soft drinks among traditional soft drink consumers as well as alcohol drinkers. These drinks have no alcohol percentage and are considered as a good alternative to alcohol. As non-alcoholic beverages are considered classy and a best alternative to regular soft drinks, there is notable growth in the demand for premium soft drinks in pubs and bars. This factor is resulting into increased sales opportunities for companies operating in the global non-alcoholic beverage packaging market.

Several government bodies across the globe have made amendments that may help in lowering alcohol consumption and boost the demand for adult soft drinks in the forthcoming years. This factor is estimated to drive the expansion opportunities for companies operating in the global non-alcoholic beverage packaging market.

Competition Landscape of Non-alcoholic Beverage Packaging Market

The non-alcoholic beverage packaging market is moderately fragmented in nature with existence of several well-established players. The competition levels in the market for non-alcoholic beverage packaging are highly intense. Thus, players are executing organic and inorganic strategies in order to stand out from the crowd.

Major companies in the global non-alcoholic beverage packaging market are increasing focus on the development of innovative products. Thus, they are increasing investments in R&D activities. Moreover, mergers, acquisitions, new product launches, partnerships, collaborations, and joint ventures are some of the prominent strategies used by market enterprises.

Some of key players in the global non-alcoholic beverage packaging market are:

  • Ball Corporation
  • Amcor
  • Crown Holdings
  • AptarGroup
  • Allied Glass
  • CCL
  • Can Pack Group
  • Evergreen Packaging
  • Ardagh Group
  • CKS Packaging

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Regional Outlook of Non-alcoholic Beverage Packaging Market

In terms of region, the global non-alcoholic beverage packaging market shows existence in many regions including APAC, EMEA, and Americas. Among all, APAC is one of the prominent regions of the market for non-alcoholic beverage packaging.

The APAC non-alcoholic beverage packaging market is expected to expand in the upcoming years on the back of improved disposable incomes and surge in inclination among regional population toward use of canned and bottled water instead of tap water. In addition, surge in demand for adult soft drinks in many emerging economies is expected to help in the regional market growth.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Non Alcoholic Beverage Packaging Market