Beverage Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Beverage Packaging Market Report is Segmented by Material Type (Plastic, Metal, Glass, and Paperboard), Product Type (Bottles, Cans, Pouches, Cartons, and Beer Kegs), Packaging Format (Aseptic, Hot-Fill, Cold-Fill/Carbonated, Retortable, and More), Beverage Type (Carbonated Drinks, Alcoholic Beverages, Bottled Water, Milk, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Beverage Packaging Market Size and Share

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Compare market size and growth of Beverage Packaging Market with other markets in Packaging Industry

Beverage Packaging Market Analysis by Mordor Intelligence

The beverage packaging market was valued at USD 163.25 billion in 2025 and is forecast to expand at a 4.12% CAGR, reaching USD 199.81 billion by 2030. Growth is propelled by converging global regulations that standardize recycled-content thresholds, while premium ready-to-drink launches and a wave of aluminum-can capacity additions provide parallel demand engines. Packaging suppliers able to navigate recycled-material mandates, cost inflation for virgin resin, and shifting consumer preferences toward low-impact formats are capturing share. Strategic investments in closed-loop recycling, digital watermarking, and e-commerce-ready multipacks are differentiating leaders from laggards. Consolidation—exemplified by the pending Amcor-Berry Global merger—continues to reshape the competitive baseline, creating scale benefits for firms with multi-format portfolios. 

Key Report Takeaways

  • By material type, plastic maintained 42% revenue share in 2024, while paperboard is projected to post a 6.65% CAGR through 2030.  
  • By product type, bottles led with 38% share in 2024; pouches are forecast to grow at a 7.23% CAGR to 2030.  
  • By packaging format, cold-fill/carbonated solutions contributed 40% of 2024 revenue; aseptic formats are expected to advance at a 7.36% CAGR through 2030.  
  • By beverage type, carbonated drinks held 31% of 2024 revenue, whereas plant-based drinks are on track for an 8.04% CAGR to 2030.  
  • By geography, North America commanded 27% of 2024 revenue; Asia-Pacific is projected to expand at a 5.61% CAGR to 2030.  

Segment Analysis

By Material Type: Transition From Plastics to Renewable Substrates

Plastic retained 42% of 2024 revenue, underlining entrenched supply chains and cost advantages. Yet recycled-content directives and deposit-return expansion are challenging PET’s dominance. The beverage packaging market size for plastic is projected to advance only at the overall 4.12% CAGR, tempering its share despite ongoing lightweighting and chemical-recycling projects. Paperboard’s 6.65% CAGR—highest among materials—and metal’s comeback via aluminum cans illustrate regulatory pull and consumer push toward renewable or infinitely recyclable substrates. Graphic Packaging International’s launch of Boardio paperboard canisters and EnviroClip carriers targets carbonated soft drink multipacks once controlled by shrink-film. Integrated mills leverage domestic fiber supply and 75% recycling rates, cushioning them against virgin-resin volatility.  

The beverage packaging industry is also witnessing glass repositioned as a prestige material notwithstanding higher logistics emissions. O-I Glass committed USD 150 million to modernize its Alloa, UK plant with hybrid furnaces and lightweight bottles, aiming for a 25% CO₂ cut by 2030. Aluminum enjoys a closed-loop rate above 70%, and Novelis’ forthcoming mill signals confidence in long-term demand. Collectively, these shifts suggest a diversified material mix by 2030, with plastics losing points of beverage packaging market share even as absolute tonnage rises in line with population growth.  

Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Product Type: Bottles Hold Court as Pouches Accelerate

Bottles accounted for 38% of 2024 revenue thanks to versatility across carbonates, water, dairy alternates, and alcohol. The beverage packaging market size attributed to bottles is projected to grow modestly at 3.7% to 2030 amid format diversification. Tethered-cap compliance and advanced barrier coatings (e.g., plasma or silicon oxide) are unlocking incremental weight savings. However, pouches are set to capture outsized gains via a 7.23% CAGR, reflecting 60-80% lower material weight per liter and suitability for e-commerce. 

Multipack wine and cocktail pouches withstand drop tests, reduce shipping costs, and utilize mono-material laminates increasingly accepted in curbside programs. Cartons continue to service aseptic dairy, juice, and now plant-based lattes, propelled by Tetra Pak’s UHT filling lines with energy cuts of 25%. Cans sustain relevance through craft beer, energy drinks, and sparkling water, and their rapid chilling characteristics underpin brand loyalty. Beer kegs remain a niche at under 3% of volume, but stainless-steel re-use cycles of 25+ years align with zero-waste narratives.  

By Packaging Format: Cold-Fill Dominance Meets Aseptic Innovation

Cold-fill and carbonated processes delivered 40% of 2024 revenue, benefiting from established PET bottling lines and low thermal stress that preserves flavor compounds. Nonetheless, retailer push for ambient-shelf offerings is steering investment toward aseptic technology projected to expand 7.36% annually. The beverage packaging market size associated with aseptic cartons and PET bottles will reach USD 48 billion by 2030 as developing economies prioritize shelf-stable nutrition solutions in areas with limited cold chains. 

Hot-fill PET endures in acidic juices and teas but faces energy penalties versus aseptic. Retortable pouches win in functional broths and sports gels, though their market remains under 5% of beverage units. Shelf-stable ambient versus chilled distribution decisions increasingly hinge on retailers’ ESG metrics and electricity costs. Medium-term, a hybrid model is likely, with smart sensors monitoring temperature excursions and triggering dynamic inventory routing.  

Beverage Packaging Market: Market Share by Packaging Format
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Beverage Type: From Carbonates to Plant-Based Diversification

Carbonated soft drinks generated 31% of 2024 turnover and anchor high-volume PET and can demand, yet sugar taxes and wellness trends limit growth to below the beverage packaging market average. Reformulation into zero-sugar SKUs and functional additives partly offsets volume flatness in mature economies. 

Plant-based drinks will post an 8.04% CAGR, quadrupling revenue share by 2030. Oat, almond, and pea beverages require oxygen barriers and light protection, driving adoption of multi-layer cartons and amber glass. The beverage packaging industry is adapting by standardizing cap liners for aseptic plant formulations and engineering adhesives compatible with fiber-based spouts. Bottled water remains stable amid microplastic scrutiny, driving opportunities for rPET and aluminum. Alcoholic ready-to-drink cocktails embrace slim cans and embossed glass to capture premium positioning. Energy drinks leverage tall sleek cans with matte finishes and peel-and-seal reclosable tabs, fostering incremental unit pricing.  

Geography Analysis

North America captured 27% of 2024 revenue due to to high per-capita beverage intake and premiumization headroom. Crown Holdings registered 5% North American volume growth in 2024, boosted by new Virginia and Nevada can lines. Yet state-level legislation on tethered caps and expanded-producer-responsibility fees creates compliance complexity that favors diversified multinationals. Canada’s harmonized rPET targets to 2030 incent regional reclamation infrastructure, further bolstering circular-ready suppliers within the beverage packaging market. Competitive pressures arise from Asia-Pacific imports of lightweight bottles, challenging domestic converters on cost.  

Asia-Pacific is forecast to post a 5.61% CAGR through 2030, underpinned by urbanization and rising disposable incomes. China recorded 2.7% output growth in beverages across the first ten months of 2023 while beer production jumped 22%. India’s rPET mandate at 30% from April 2025 introduces both demand for recycled feedstock and punitive taxes for non-compliance. Multinationals with in-house recycling (e.g., Coca-Cola’s PETValue facility in the Philippines) gain a foothold, whereas small converters face input scarcity. Japanese processors focus on “ready-to-eat” and healthy beverages, encouraging aseptic pouch uptake for portable nutrition.  

Europe commands stringent regulatory leadership with the PPWR effective February 2025 mandating all packaging be recyclable by 2028 and 30% rPET in PET bottles by 2030. The beverage packaging market in the bloc therefore pivots toward design-for-recycling protocols such as monomaterial sleeves and water-based inks. Supply-demand imbalances in food-grade rPET keep premiums elevated, encouraging partnerships between fillers and recyclers. Glass capacity rationalization amid ESG constraints tightens supply for regional wine and premium spirits, supporting value retention. Flexible paper-based solutions gain traction as retailers commit to plastic reduction roadmaps across member states.  

Beverage Packaging Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The beverage packaging market exhibits moderate consolidation, with the top ten participants controlling roughly 55% of global revenue. Cross-material players such as Amcor, Ball, Crown, and Tetra Pak leverage scale, technology breadth, and long-standing relationships with brand owners. Material specialists including O-I Glass and Novelis defend niches via technical process leadership and closed-loop service models. 

Strategic moves center on acquiring capabilities that accelerate circularity and geographic reach. Amcor’s all-stock merger with Berry Global, cleared in April 2025, unites 400 plants across 140 countries and promises USD 650 million in annual synergies, largely from resin procurement and footprint optimization. Sonoco’s USD 3.9 billion purchase of Eviosys positions the firm as the largest global metal food and aerosol can supplier, creating cross-selling opportunities into beverages. Ball’s 2024 purchase of European can maker Alucan expands its continental footprint amid rising demand for sustainable aluminum formats. 

Innovation pipelines differentiate leaders. PepsiCo’s patent for ingredient-chamber cans points to customizable beverage systems that may displace post-mix fountains in esports arenas. Tetra Pak’s digital-engagement platform connects QR-coded cartons to consumer recycling guides and loyalty apps. Digital watermark pilots in partnership with Digimarc allow brand owners to track individual packs’ end-of-life destination, a credential increasingly valued by investors. Collectively, these moves tighten switching costs for beverage companies and raise the barrier to entry for newcomers lacking integrated material and data capabilities.  

Beverage Packaging Industry Leaders

  1. O-I Glass Inc.

  2. Tetra Laval International SA

  3. Ball Corporation

  4. Ardagh Group S.A.

  5. Amcor plc

  6. *Disclaimer: Major Players sorted in no particular order
Beverage Packaging Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • April 2025: Amcor and Berry Global received European Commission approval for their USD 8.43 billion merger, unlocking scale in flexibles, closures, and specialty cartons and positioning the combined entity to negotiate rPET supply on favorable terms.
  • February 2025: Crown Holdings reported 17% year-on-year growth in global beverage-can income, attributing margin uplift to its new Nevada and Virginia facilities that improve proximity to craft breweries.
  • February 2025: The EU Packaging and Packaging Waste Regulation entered into force, setting a global compliance benchmark and prompting multinational fillers to accelerate design-for-recycling rollouts.
  • January 2025: TricorBraun acquired Euroglas and Glaspack to deepen its presence in the DACH region, enabling localized supply of premium spirits bottles and reducing lead times for craft distillers.

Table of Contents for Beverage Packaging Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Premiumisation in ready-to-drink (RTD) beverages
    • 4.2.2 Surge in aluminium-can capacity expansions
    • 4.2.3 PET lightweighting and tethered-cap regulations
    • 4.2.4 Growth of e-commerce multipacks (mainly alcohol)
    • 4.2.5 Rise of digital watermarks for circularity (under-radar)
    • 4.2.6 Beverage concentrates and “soda-at-home” ecosystems (under-radar)
  • 4.3 Market Restraints
    • 4.3.1 Volatile virgin-resin prices
    • 4.3.2 Supply bottlenecks for recycled PET flakes
    • 4.3.3 Anti-single-use plastics policy acceleration (under-radar)
    • 4.3.4 Investor ESG scrutiny curbing cap-ex in glass (under-radar)
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers/Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Assessment of Macro Economic Trends on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUES)

  • 5.1 By Material Type
    • 5.1.1 Plastic
    • 5.1.2 Metal
    • 5.1.3 Glass
    • 5.1.4 Paperboard
  • 5.2 By Product Type
    • 5.2.1 Bottles
    • 5.2.2 Cans
    • 5.2.3 Pouches
    • 5.2.4 Cartons
    • 5.2.5 Beer Kegs
  • 5.3 By Packaging Format
    • 5.3.1 Aseptic
    • 5.3.2 Hot-Fill
    • 5.3.3 Cold-Fill/Carbonated
    • 5.3.4 Retortable
    • 5.3.5 Shelf-Stable Ambient
    • 5.3.6 Chilled Distribution
  • 5.4 By Beverage Type
    • 5.4.1 Carbonated Drinks
    • 5.4.2 Alcoholic Beverages
    • 5.4.3 Bottled Water
    • 5.4.4 Milk
    • 5.4.5 Fruit and Vegetable Juices
    • 5.4.6 Energy Drinks
    • 5.4.7 Plant-based Drinks
    • 5.4.8 Other Beverage Types
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 Germany
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Austria
    • 5.5.2.7 Poland
    • 5.5.2.8 Russia
    • 5.5.2.9 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 Australia
    • 5.5.3.5 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Turkey
    • 5.5.5.4 Rest of Middle East
    • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Amcor plc
    • 6.4.2 Ball Corporation
    • 6.4.3 Tetra Laval International SA
    • 6.4.4 O-I Glass Inc.
    • 6.4.5 Crown Holdings Inc.
    • 6.4.6 Ardagh Group S.A.
    • 6.4.7 Ardagh Metal Packaging S.A.
    • 6.4.8 Verallia S.A.
    • 6.4.9 Vidrala S.A.
    • 6.4.10 Vetropack Holding Ltd.
    • 6.4.11 Silgan Holdings Inc.
    • 6.4.12 Berry Global Group Inc.
    • 6.4.13 Mondi plc
    • 6.4.14 Sonoco Products Company
    • 6.4.15 CCL Industries Inc.
    • 6.4.16 Smurfit Kappa Group plc
    • 6.4.17 CANPACK S.A.
    • 6.4.18 Huhtamaki Oyj
    • 6.4.19 Toyo Seikan Group Holdings Ltd.
    • 6.4.20 Nampak Ltd.
    • 6.4.21 Krones AG
    • 6.4.22 Guala Closures Group

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Beverage Packaging Market Report Scope

Beverage manufacturers are focusing on offering a better product with easy-to-handle, eco-friendly packaging that keeps the product fresh for a long time. Packaging innovation is becoming a norm for beverage companies with smaller package sizes, situational package types, and multi-packs. Different kinds of products are packed using various materials depending on the beverages.

The beverage packaging market is segmented by material type (plastic, metal, glass, and paperboard), product type (bottles, cans, pouches, cartons, and beer kegs), application (carbonated drinks, alcoholic beverages, bottled water, milk, fruit and vegetable juices, energy drinks, plant-based drinks, and other applications), and geography. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Material Type Plastic
Metal
Glass
Paperboard
By Product Type Bottles
Cans
Pouches
Cartons
Beer Kegs
By Packaging Format Aseptic
Hot-Fill
Cold-Fill/Carbonated
Retortable
Shelf-Stable Ambient
Chilled Distribution
By Beverage Type Carbonated Drinks
Alcoholic Beverages
Bottled Water
Milk
Fruit and Vegetable Juices
Energy Drinks
Plant-based Drinks
Other Beverage Types
By Geography North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Spain
Austria
Poland
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Rest of Africa
By Material Type
Plastic
Metal
Glass
Paperboard
By Product Type
Bottles
Cans
Pouches
Cartons
Beer Kegs
By Packaging Format
Aseptic
Hot-Fill
Cold-Fill/Carbonated
Retortable
Shelf-Stable Ambient
Chilled Distribution
By Beverage Type
Carbonated Drinks
Alcoholic Beverages
Bottled Water
Milk
Fruit and Vegetable Juices
Energy Drinks
Plant-based Drinks
Other Beverage Types
By Geography
North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Spain
Austria
Poland
Russia
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Rest of Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current size of the beverage packaging market?

The beverage packaging market was valued at USD 163.25 billion in 2025 and is projected to reach USD 199.81 billion by 2030.

Which material segment is growing fastest?

Paperboard leads growth with a projected 6.65% CAGR through 2030 as brands shift toward renewable and easily recyclable substrates.

Why are aluminum cans gaining share?

Aluminum offers closed-loop recyclability rates above 70% and benefits from large capacity additions by Ball and Novelis, making it a favored alternative to single-use plastics.

How will EU regulations affect global packaging choices?

The EU PPWR requires all packaging to be recyclable by 2028 and sets rPET content thresholds, influencing global brand specifications and accelerating design-for-recycling adoption.

Which region is expected to deliver the highest growth?

Asia-Pacific is forecast to expand at a 5.61% CAGR to 2030, supported by urbanization, rising incomes, and aggressive sustainability mandates such as India’s 30% rPET requirement.

What strategic moves dominate the competitive landscape?

Mergers like Amcor-Berry and Sonoco-Eviosys, alongside capacity investments in aluminum and glass decarbonization, illustrate a pivot toward scale, circularity, and premiumization.

Page last updated on: July 8, 2025