Report ID: SQMIR30B2042
Report ID:
SQMIR30B2042 |
Region:
Regional |
Published Date: February, 2024
Pages:
198
|
Tables:
105 |
Figures:
74
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 growth of the market is substantially influenced by the surge in beer consumption. Beer, among the prominent alcoholic beverages, relies on packaging via glass bottles and metal cans. Dark-colored glass bottles serve as the primary packaging choice, attributed to their ability to shield the contents from UV light, which can otherwise compromise the beverage's quality.
This packaging strategy is crucial in preserving beer, safeguarding it against spoilage and maintaining its flavor integrity. Moreover, the versatility in beer sizes and the convenience of one-time consumption contribute significantly to its popularity among consumers. These varied preferences drive innovation within the beverage container industry, catering to diverse consumer demands and ultimately fueling its growth trajectory.
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Report ID: SQMIR30B2042