With the growth of beverage consumption, the market value of global beverage Packaging in 2017 is expected to reach US$118.8 billion. At present, the United States, Europe and the Asia-Pacific region still account for the largest share of the global beverage packaging market. With rising income levels and changes in consumer lifestyles, the demand for beverage packaging will grow rapidly. The Asia-Pacific region, especially China and India, will continue to increase beverage consumption, which will provide beverage packaging manufacturers with greater market growth opportunities.
At present, the consumption of beverages in China continues to rise, providing beverage packaging manufacturers with significant room for growth. It is predicted that the market value of global beverage packaging in 2017 will reach 118.8 billion U.S. dollars. The largest packaging market is still occupied by the United States, Europe and the Asia Pacific region.
With the improvement of consumer living standards, the demand for beverage packaging will grow rapidly. In particular, the rapid increase in functional beverages, non-metallic packaging cans provide more opportunities. In the past 10 years, functional beverages have maintained a high growth rate of about 30%. In 2012, the functional beverage market in China will have a size of about 12 billion yuan, and the output will reach 2.8 million tons. In 2016, the output will be expected to exceed 4 million tons, and the compound growth rate will be as high as 35.12%.
Metal Packaging cans have the characteristics of corrosion resistance and strong durability. At the same time, metal cans have strong printing and adhesion, and the color fastness and lightness have stronger advantages than other packaging materials. Therefore, metal Packaging Can better support the high-end image of functional beverages and is expected to remain the preferred choice for functional beverage packaging for a longer period of time in the future. Therefore, the rapid increase in sales of functional beverages will also boost the overall revenue growth of metal packaging can manufacturers.
