How big is the beverage packaging market | Growth & Forecast

Q: How big is the beverage packaging market size?

The beverage packaging market is projected to reach USD 193.4 billion by 2031.

Q: What is the CAGR of the beverage packaging market?

The beverage packaging market is expected to grow at a CAGR of 6.30% during the forecast period.

Q: Which packaging types are most widely used in the beverage industry?

PET bottles, glass bottles, cartons, and aluminum cans are the most commonly used types.

Q: What are the key challenges in the beverage packaging market?

Material costs, environmental regulations, and supply chain disruptions are major challenges.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5930

Publication Date: Jul 2025

How big is the beverage packaging market?

According to 6Wresearch internal database and industry insights, Global beverage packaging market was valued at approximatelyUSD 135.7 billion in 2024 and is projected to reachUSD 193.4 billion by 2031, growing at aCAGR of 6.30% during the forecast period.

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This growth is driven by rising worldwide beverage consumption, innovations in lightweight and recyclable packaging, and growing demand for convenient, on-the-go solutions. Increasing focus on sustainability, branding through packaging, and the rise of functional drinks are further fueling market expansion.

Key Growth Factors of the Beverage Packaging Market

Rising consumption of bottled water, energy drinks, and ready-to-drink beverages
Demand for eco-friendly, biodegradable, and recyclable packaging materials
Branding and shelf appeal driving packaging design innovation
Expansion of cold chain logistics and improved beverage shelf-life needs
Growth in single-serve and portion-control formats for urban consumers
Increasing demand for PET bottles, cartons, and metal cans in emerging markets

Beverage Packaging Market Trends

The market is experiencing a shift toward sustainable packaging solutions such as bio-based plastics, aluminum cans, and paper-based cartons. Smart packaging with QR codes and freshness indicators is gaining traction. Personalization in packaging, like custom labeling and limited-edition designs, is being used for marketing and consumer engagement. Lightweighting to reduce material use and transport costs is also on the rise.

Emerging Developments in the Beverage Packaging Market

Manufacturers are investing in digital printing and intelligent packaging technologies to enhance consumer interaction and traceability. Circular economy initiatives, including refillable packaging systems and closed-loop recycling, are gaining momentum. Companies are partnering with material science innovators to reduce carbon footprints and meet regulatory compliance. Flexible packaging formats are also becoming more popular due to convenience and cost-effectiveness.