Sanitary food and Beverage Packaging is valued approximately 148.1billion in 2021 and is anticipated to grow with a healthy growth rate of more than6% over the forecasts period of 2021-2027.Sanitary food and beverage packaging is undergoing significant change, with a greater emphasis on incorporating sustainable development initiatives. This is resulting in an increase in the use of environmentally friendly packaging materials. Globally, there is a greater emphasis on maintaining hygiene.Regulatory bodies from around the world are revising food safety guidelines in order to ensure the product's safety.With the growing demand for packaged food and beverages, both manufacturers and consumers have been encouraged to choose clean and hygienic food products. Packaging innovation and packaging material are also undergoing several changes, which are driving growth in the global sanitary food and beverage packaging market.t.The growing global population and rising disposable income in developing economies are opening up new opportunities for packaged beverages. he growing urban population, combined with changing lifestyles, has resulted in an increase in total packaged beverage consumption in emerging economies like India. According to World Bank data, approximately 30.58 percent of India's total population lived in urban areas in 2009, which increased to 34.47 percent in 2019.Increased health awareness among youths has boosted demand for packaged juices, energy drinks, and health drinks, providing manufacturers with numerous opportunities to boost sales.Packaging waste has a destructive impact on the environment because it takes decades to decompose. Ongoing trend of consuming packaged food and ready to eat food has boosted growth in the global sanitary food and beverages packaging market. Manufacturers operating in this market are making consistent efforts by developing advanced technologies and using better material that helps in preserving shelf life of the food .
In the global sanitary food and beverage packaging industry, North America and APEJ are two of the most lucrative areas. The APEJ market is characterised by a high volume demand for sanitary food and beverage packaging, while the North American market is characterised by a focus on advanced technology.
Major Market Players Included in this Report are :
Chuo Kagaku Co., Ltd.
Karatzis S.A.
Crown Holdings, Inc.
Ball Corporation
Silgan Containers, LLC
Kaira Can Company Limited
Canfab Packaging
Berlin Packaging L.L.C
FP Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging
Paperboard
Rigid Plastic
Glass
Flexible Plastic
Metal
Other
By Product
Milk And Other Beverage Carton
Cups and Liquid Tight Container
Folding Food Container
Boards and Trays Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2018, 2019
Base year 2020
Forecast period 2021 to 2027
Target Audience of the Global Sanitary food and Beverage Packaging in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors