Europe Beverage Container Market

Europe Beverage Container Market Size, Share, Growth Analysis, By Material(Plastic, Metal, Glass, Paperboard), By Type(Bottles & jar, Cartons, Cans, Bag-In-Boxes), By Application(Alcoholic Beverages, Beer, Wine, Spirits), By Region - Industry Forecast 2024-2031

Report ID: SQMIR30B2042 | Region: Regional | Published Date: February, 2024
Pages: 198 | Tables: 105 | Figures: 74

Europe Beverage Container Market News

  • Ardagh Glass Packaging revealed its ambitious project in September 2023, unveiling plans to construct an environmentally conscious furnace at its Obernkirchen facility. This initiative aims to significantly curb greenhouse gas emissions. Dubbed the NextGen furnace, it is projected to commence commercial glass container production by the year's end. This innovative furnace boasts the impressive capacity to manufacture up to 350 tonnes of glass bottles daily, marking a significant stride in Ardagh's commitment to reducing its environmental footprint while maintaining production efficiency.
  • July 2023 marked a noteworthy milestone in the beverage industry as glass packaging innovation surged with the introduction of the Drinktainer—a wide-mouthed product designed to elevate the drinking experience for consumers. This breakthrough was the result of a collaborative effort between FX Matt Beverage Co. and O-I Glass, highlighting a successful partnership between the two companies. The Drinktainer's introduction represents an innovative outcome stemming from this newly forged alliance, promising enhanced consumer engagement and product appeal within the glass packaging landscape.
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Europe Beverage Container Market size was valued at USD 4.90 billion in 2021 and is poised to grow from USD 5.17 billion in 2022 to USD 7.93 billion by 2030, growing at a CAGR of 5.5% in the forecast period (2023-2030).

The competitive environment of the Europe Beverage Container Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Ampac Packaging LLC', 'Amcor Limited Alcoholic', 'Anchor Glass Container Corporation', 'Ardagh Group SA', 'Anheuser Busch Inbev', 'Ball Corporation', 'Berry Plastics Corporation', 'CCL Industries Incorporated', 'CKS Packaging', 'Altium Packaging', 'Crown Holdings Incorporated', 'Evergreen Packaging LLC', 'Exal Group', 'Graham Packaging', 'Liqui – Box Corporation', 'PepsiCo Incorporated', 'Reynolds Group Holding Limited', 'The Coca-Cola Company'

The beverage container market is currently on a robust growth trajectory, propelled by a convergence of factors that resonate with changing consumer behaviors, environmental consciousness, and advancements within the industry. The trend towards healthier living has significantly augmented the demand for convenient, portable beverage solutions, spurring the rise of single-serving containers like PET bottles and aluminum cans. This shift underscores the preference for on-the-go options that align with busy lifestyles. Moreover, the surge in popularity of functional and energy drinks has brought forth a heightened need for specialized packaging capable of meeting distinct storage demands while preserving product freshness. These evolving preferences and the demand for diverse beverage choices are driving innovation in packaging solutions, reshaping the beverage container market to cater to dynamic consumer needs and preferences.

The Europe beverage container market is experiencing a boost driven by the rising demand for transparent cans and bottles, particularly in beverages such as fruit juices, enhanced water, dairy products, and sports and energy drinks. This trend towards see-through packaging is primarily aimed at enhancing the visual appeal of these beverages. Technological innovations geared towards enhancing the durability of such packaging, improving heat and acid resistance, and extending product shelf life are key factors fueling the growing preference for transparent containers. Manufacturers are actively collaborating with beverage processors to offer customized designs that cater to specific requirements, empowering processors and enhancing their negotiating leverage in the market.

Germany plays a pivotal role in the European beverage container market, boasting a robust segment that significantly influences industry trends and standards. Renowned for its technological advancements and stringent quality measures, Germany's segment sets high benchmarks for container manufacturing, packaging innovation, and sustainability practices. It serves as a cornerstone for the industry's evolution, often pioneering eco-friendly materials, efficient production techniques, and recyclability initiatives.

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Europe Beverage Container Market

Report ID: SQMIR30B2042

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