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Global soft drinks packaging market growing

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Orbis Research reports soft drinks packaging market growth of 4.6 CAGR in sales volume

The global soft drink packaging market is estimated to grow at a CAGR of 4.6% in terms of the volume sales over the forecast period 2017 to 2022. Glass is the conventional method for packaging soft drinks, fruit juices, and waters. The advantage of glass packaging is that it is chemically inert and will not affect quality, odor or taste of the product. It is strong, rigid and 100% recyclable. PET is a popular choice for packaging because it is recyclable, lightweight and flexible. It can be used for both still and carbonated products. Aluminum and steel cans are mainly used for carbonated drinks. They are lightweight and 100% recyclable. Using recycled aluminum to make a new can save 95% of the energy that would be needed to make a can from virgin materials. Cartons are another major packaging format for still drinks and fruit juices. They protect the freshness, flavors and nutritional qualities of both fresh and long-life drink products, enabling distribution at ambient temperatures or under refrigerated conditions.
The global soft drink packaging market is segmented on the basis of material (plastic, paper, metal, glass), soft drink product (juices, bottled water, energy drinks, ready-to-drink (RTD), carbonates, products (beverage cans, PET bottles, cartons and boxes), region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa).
The Orbis Research report describes a detailed study of the Porter’s five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.
The report also considers key trends that will impact the industry and profiles of leading suppliers of the soft drink packaging market. Some of the top companies mentioned in the report are Pactiv, Amcor, Genpak, Graham Packaging, Ball Corporation, SIG, Tetra Pak International, Placon, Toyo Seikan, Rock Tenn, Nuconic Packaging, The Scoular Company, Owens-Illinois, Crown Holdings, Rexam, Alcoa and others.

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