The report forecasts the global beer packaging market to grow at a CAGR of 4.45% during the period 2016-2020. It 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.
The global beer packaging market shows some growth potential because of the emergence of certain trends. One such trend is the introduction of pet beer bottles. Beer packaged in PET have a shelf life of 5-6 months. Nevertheless, to minimize the risk of spoilage, monolayer bottles are used to incorporate an O2 scavenger to increase the shelf life.
According to the report, one of the main factors that impact the market affirmatively is recycling benefits of steel and glass. Unlike plastic and other packaging materials, glass is 100% recyclable. Glass is made from natural minerals such as silica in the form of sand, soda ash, and limestone. This renewable resource does not contain chemicals that can leach into the material inside the containers and is easily recycled.
Further, the report states that particular challenges restrict the growth of the global beer packaging market. One such barrier is fluctuation in energy cost. Glass packaging operations require a continuous supply of energy, primarily natural gas, fuel oil, and electrical power.
- Graphic Packaging
- Smurfit Kappa
- Tetra Laval
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market opportunity assessment for different types of beer packaging materials
PART 07: Market segmentation by material
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
For more information about this report visit http://www.researchandmarkets.com/research/lqnhtt/global_beer
Related Topics: Beverage Packaging
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-beer-packaging-market-to-grow-445-by-2020---recycling-benefits-of-steel--glass-driving-growth---research-and-markets-300313472.html
SOURCE Research and Markets