Europe Beverage Container Market Size
The market for beverage containers in Europe was worth more than $44 billion in 2019, and it is expected to increase at a rate of more than 5.5% per year from 2020 to 2026. The industry's growth throughout the study period is being driven by the rising need for aseptic packaging to extend the shelf life of products.
The Europe beverage container market is rising because the beverage industry has a good outlook and European alcoholic and non-alcoholic drinks are becoming more popular to export. The food and drink industry makes up over 15% of Europe's manufacturing industry because of rising local demand and trade rules that are good for business. Exports between EU countries make up about 25% of the region's food and beverage industry sales. Intra-EU beverage exports are almost the same as exports to other nations.
| Report Attribute | Details |
|---|---|
| Base Year | 2019 |
| Europe Beverage Container Market Size in 2019 | 44.7 Billion (USD) |
| Forecast Period | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR | 5.5% |
| 2026 Value Projection | 54.5 Billion (USD) |
| Historical Data for | 2015 to 2018 |
| No. of Pages | 340 |
| Tables, Charts & Figures | 298 |
| Segments covered | Material, Type, Application, Country |
| Growth Drivers |
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| Pitfalls & Challenges |
|
The beverage sector is becoming more competitive because of new products in categories including dairy alternatives, organic drinks, and kombucha. Consumers are also choosing innovative and healthy drinks, which will create new growth potential. The COVID-19 outbreak is expected to change what people buy, making them more likely to buy foods that are high in fiber, vitamins, and minerals to improve their health.
The European beverage container market has grown even during COVID-19 because of a positive economic outlook, a wide selection of drinks available, and the growth of e-commerce distribution networks.
The Europe beverage container market will rise because there is more demand for clear cans and bottles that make fruit juices, improved water, dairy goods, and sports and energy drinks look better. Over the next few years, demand for see-through packaging will rise because of technological advances that make items more resistant to heat, acid, and longer shelf life. Manufacturers are working closely with beverage processors to make sure that the design is exactly what they need, which gives them more influence in negotiations.
The government has set up programs to help recycle more raw materials, including glass, plastic, and aluminum. This has transformed the way the industry works. The European Union's deposit-return system (DRS), which charges a fee when a product is bought and a reimbursement when it is returned, is an example of a government program that has helped the European beverage container industry.
Manufacturers have been able to lower the prices of processing raw materials and get an edge over their competitors. But in 2020, the profits of large-scale producers of both alcoholic and non-alcoholic drinks are predicted to go down because of less exports and problems with the supply chain.
Europe Beverage Container Market Analysis
Glass segment is anticipated to witness CAGR of 4.8% between 2020 to 2026. Glass is odorless, chemically inert, and provides resistance to gases and vapors. Glass is considered as an eco-friendly material where the EU glass recycling rates have increased considerably to nearly 73%. Glass containers need no chemical liners and plastic and are alleged as best for taste and for creating premium and special experiences. The capability of glass to preserve strength, aroma, and flavors of beverages and provide a rich aesthetic appeal makes it the most preferred option for the alcoholic beverages industry.
In 2019, cartons made up a large part of the European beverage container market. Cartons make it possible to safely store and move drinks, and they can also be made to fit the marketing needs of the maker. Also, things like a long shelf life, little waste, ease of use, and a cheaper cost make people want to use the product every day in cheap, non-alcoholic drinks like fruit juices and dairy products. The European government's encouragement for using container materials with a low carbon impact will also greatly increase the need for beverage cartons.
Pouches segment is anticipated to witness a CAGR of 5.5% in terms of revenue from 2020 to 2026. The increasing popularity of pouches due to its flexibility and easy to handle nature will support segment growth. Expansion in the flexible packaging industry owing to improved barrier properties along with innovations in high-speed filling equipment will drive the Europe beverage container market share. Moreover, aspects such as appropriate sealing and heat insulation, capability to act as a barrier against moisture will provide potential growth prospects.
Alcoholic beverages account for a considerable share in the beverage containers production. Europe is the leading wine producing region in the world and holds nearly 27.3% of the global beer production in 2017. Countries including Germany, the UK, Netherlands, and Spain contribute approx. 38% of the regional beer production, whereas, France, Italy, and Spain account for more than 50% of the global wine production. Positive outlook for beverage exports owing to rise in alcoholic beverages demand across developing economies of Asia Pacific will support the Europe beverage container market segment growth.
Europe beverage containers industry share is highly fragmented with several regional and international players including Tetra Pak, Crown Holdings Incorporated, Amcor, Ardagh Group SA, Ball Corporation, Vidrala, CCL Industries Incorporated, Reynolds Group Holdings Limited, Berry Plastics Corporation, and Mondi Group. The top five manufacturers in the global beverage containers business contributed to around 24% of market share in 2019.
Europe Beverage Container Market Share
Companies are engaged in mergers, acquisition and production capacity expansion for capturing higher market share. For instance, in June 2019, Amcor acquired Bemis Company Inc., a key packaging manufacturer to enhance their production capabilities and geographical footprint.
Some of the players in Europe Beverage Container Market are
- Ampac Packaging LLC
- Amcor Limited Alcoholic
- Anchor Glass Container Cooperation
- Ardagh Group SA
- Anheuser Busch Inbev
- Ball Corporation
- Berry Plastics Corporation
- CCL Industries Incorporated
- CKS Packaging
- Altium Packaging
- Crown Holdings Incorporated
- Evergreen Packaging LLC
- Exal Group
- Graham Packaging
- Liqui – Box Corporation
- PepsiCo Incorporated
- Reynolds Group Holding Limited
- The Coca-Cola Company
The Europe beverage container market report includes in-depth coverage of the industry trends, with estimates & forecast in terms of volume (Billion Units) and (Billion Liters), and revenue (USD Billion) from 2015 to 2026, for the following segments
By Material
- Plastic
- Metal
- Glass
- Paperboard
By Type
- Bottles & jar
- Cartons
- Cans
- Bag-In-Boxes
- Pouches
- Others (Cups, Tubs, Bowls etc.)
By Application
- Alcoholic Beverages
- Beer
- Wine
- Spirits
- Non-Alcoholic Beverages
- Carbonated Soft Drinks
- Bottled Water
- Dairy
- Juices
- Sports Drinks
- Enhanced Water
- Others
The above information has been provided for the following countries
By Country
- Germany
- UK
- France
- Italy
- Spain
- Belgium
- Sweden
- Norway
- Denmark
- Finland
- Iceland
- Switzerland
- Netherlands
- Austria
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