Drinks Packaging Market
By Material;
Glass, Plastics, Metal, Paperboard and OthersBy Packaging Type;
Box, Bottle, Cartons, Cans, Pouch, Jars and OthersBy Application;
Carbonated Drinks, Alcoholic Beverages, Bottled Water, Milk, Fruit & Vegetable Juices, Energy Drinks, Plant-Based Drinks and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Drinks Packaging Market Overview
Drinks Packaging Market (USD Million)
Drinks Packaging Market was valued at USD 169,003.28 million in the year 2024. The size of this market is expected to increase to USD 229,990.11 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.
Drinks Packaging Market
*Market size in USD million
CAGR 4.5 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 4.5 % |
| Market Size (2024) | USD 169,003.28 Million |
| Market Size (2031) | USD 229,990.11 Million |
| Market Concentration | High |
| Report Pages | 301 |
Major Players
- Ball Corporation
- Crown Holdings, Inc.
- Ardagh Group
- Amcor plc
- Tetra Pak International S.A.
- Owens-Illinois, Inc.
- Reynolds Group Holdings Limited
- SIG Combibloc Group AG
- DS Smith Plc
- Huhtamaki Oyj
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Drinks Packaging Market
Fragmented - Highly competitive market without dominant players
The Drinks Packaging Market is expanding rapidly, supported by the growing demand for sustainable and innovative beverage solutions. Around 65% of consumers now prefer eco-friendly packaging, encouraging companies to invest in recyclable and biodegradable formats that enhance both product safety and visual appeal. This sector continues to evolve as it balances sustainability with performance and aesthetics.
Emphasis on Sustainable Packaging
Sustainability has become a defining trend, with more than 70% of beverage brands focusing on eco-conscious packaging practices. Lightweight bottles, compostable materials, and refillable designs are gaining traction as companies align with consumer expectations and regulatory guidelines. This transformation is reinforcing packaging as a critical factor in beverage branding.
Advancements in Design and Technology
Innovation is reshaping the industry, as over 55% of beverage producers now adopt smart packaging elements such as tamper-proof closures, interactive labeling, and digital printing. These advancements not only ensure convenience and safety but also support customization, helping brands stand out in a competitive marketplace.
Rise of Premium Packaging
Premiumization is reshaping consumer preferences, as about 45% of buyers directly link packaging quality to product value. From luxury finishes to transparent bottles and creative dispensing mechanisms, packaging has evolved into a vital tool for enhancing the drinking experience and influencing purchasing behavior.
Drinks Packaging Market Key Takeaways
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Global market size was valued at approximately USD 166.64 billion in 2025 and is projected to reach USD 258.81 billion by 2032, growing at a CAGR of 6.5% during the forecast period.
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Plastic remains the dominant material in beverage packaging, accounting for 39.5% of the market share, due to its versatility and cost-effectiveness.
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Asia Pacific is the leading region in the beverage packaging market, with a significant share in 2024, driven by high beverage consumption and manufacturing capabilities.
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Aluminum cans are gaining popularity, especially in the alcoholic beverage segment, due to their recyclability and lightweight properties.
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Paperboard packaging is experiencing rapid growth, with a projected CAGR of 6.65% through 2030, as brands shift toward renewable and easily recyclable substrates.
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North America is expected to grow at the fastest rate, with a projected CAGR of 6.6% from 2024 to 2030, driven by increasing demand for sustainable packaging solutions.
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Companies are focusing on innovation and sustainability, with initiatives like Coca-Cola's "Recycle Me Again" campaign and SIG's development of recyclable bag-in-box wine packaging in Australia.
Drinks Packaging Market Recent Developments
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In June 2022, SIG, a Swiss aseptic packaging solutions provider, completed the acquisition of Scholle IPN, a leading flexible packaging company. The deal, initially agreed in February 2022, was valued at USD 1.53 billion enterprise and USD 1.2 billion equity. Headquartered in Northlake, Illinois, Scholle IPN specializes in sustainable packaging solutions for industries including food, beverage, retail, institutional, and industrial sectors.
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In March 2021, Ardagh Group S.A. partnered with Bragg Live Food Products to launch a new 16oz glass bottle for Bragg's apple cider vinegar beverages. This collaboration introduced a premium packaging solution that enhances product appeal and visibility, while addressing the growing demand for convenient and sustainable beverage packaging.
Drinks Packaging Market Segment Analysis
In this report, the Drinks Packaging Market has been segmented by Material, Packaging Type, Application and Geography.
Drinks Packaging Market, Segmentation by Material
The market by Material reflects trade-offs between product protection, cost efficiency, and sustainability. Beverage brands align material choices with carbon reduction goals, recyclability mandates, and brand positioning across premium and value tiers. Supply chain strategies emphasize light-weighting, barrier performance, and regional recycling infrastructure to balance shelf life with circularity and consumer preferences.
Glass
Glass remains a staple for premium beverages due to its inertness, clarity, and strong brand equity. Producers leverage returnable bottle schemes and reusable logistics where feasible to offset weight and transport emissions. Innovation focuses on light-weighting, improved cullet utilization, and design cues that enhance perceived quality while supporting closed-loop recycling.
Plastics
Plastics—notably PET—for bottled water and ready-to-drink formats combine low weight with high throughput in filling lines. Strategy centers on rPET content, mono-material designs, and label/closure compatibility to improve recyclability. Brands address regulatory pressure and consumer scrutiny by advancing chemical recycling pilots, tethered caps, and eco-design that reduces resin use without compromising barrier properties.
Metal
Metal—primarily aluminum cans—supports fast chilling, light protection, and strong on-the-go convenience. Growth is reinforced by high recycling value and expanding craft beverage adoption across beer, cocktails, and flavored drinks. Suppliers invest in can coating technologies, decorative finishes, and regional rolling capacity to mitigate supply tightness and stabilize lead times.
Paperboard
Paperboard formats appeal to eco-conscious consumers and retailers prioritizing renewable fibers and lower plastics. Carton systems advance via barrier enhancements, cap/fitment innovation, and recycling stream compatibility. Partnerships between converters and fillers target aseptic performance and shelf-ready design to balance sustainability narratives with food safety and merchandising.
Others
The Others category includes hybrid laminates, bio-based polymers, and emerging compostable substrates. Pilots explore functionality vs. end-of-life trade-offs, where barrier needs and real-world waste management determine scaling. Brand trials focus on differentiated aesthetics and limited editions while tracking LCA metrics to guide broader adoption.
Drinks Packaging Market, Segmentation by Packaging Type
Packaging Type selection aligns with channel dynamics, use occasions, and filling technologies. Brands optimize between single-serve portability, multi-serve value, and shelf-ready merchandising across retail and HoReCa. Investment themes include line flexibility, automation, and smart packaging features that enhance traceability and consumer engagement.
Box
Box formats, including bag-in-box, enable extended freshness with reduced oxidation for juices and wines. Operators benefit from cost-effective logistics, space efficiency, and lower packaging weight per liter. Marketing emphasizes value packs and home consumption trends while improving tap/fitment reliability.
Bottle
Bottle solutions dominate in water and CSDs, combining brandable shapes with closure innovation for convenience and safety. Priorities include light-weighting, higher recycled content, and tethered cap compliance. Premium segments exploit design differentiation and surface treatments to signal quality and support price realization.
Cartons
Cartons leverage aseptic technology to offer ambient distribution and long shelf life for dairy alternatives and juices. Value creation comes from portion control, straw/cap ergonomics, and print real estate for claims. Upgrades target fiber sourcing transparency and recycling access to strengthen sustainability credentials.
Cans
Cans provide light protection, portability, and strong impulse purchase appeal across beer, energy, and RTD cocktails. Supply partnerships aim to secure can body/ends availability and graphic quality. Growth is propelled by multi-pack merchandising and cold-chain friendliness in convenience channels.
Pouch
Pouch formats emphasize material efficiency, spouts, and reclosability for on-the-go consumption. Brands focus on mono-material structures to improve recyclability and digital printing for agility. The format supports value sizing and e-commerce resilience while addressing barrier and stand-up stability requirements.
Jars
Jars serve niche beverages and concentrates where reuse, visibility, and portioning matter. Glass jars communicate craft positioning, while plastic variants support break-resistance and weight reduction. Upgrades include closure integrity and tamper-evidence paired with premium labeling.
Others
Others covers innovative hybrid packs, kegs, and specialty dispensers targeting events and foodservice. Suppliers pilot refill/reuse systems and smart IoT features to monitor freshness and consumption patterns. These formats offer differentiation for brand activations while testing scalable reverse-logistics models.
Drinks Packaging Market, Segmentation by Application
Application drives performance needs such as CO₂ retention, UV/oxygen barriers, and thermal stability. Brand portfolios balance single-serve convenience with family packs, while regulatory and retailer agendas elevate recyclability and responsible claims. Innovation cycles integrate line compatibility, graphics, and sensory protection matched to each beverage profile.
Carbonated Drinks
Carbonated Drinks require robust pressure resistance and gas barrier performance to maintain fizz. PET and cans lead due to mechanical strength and process efficiency. Brands focus on weight-reduced preforms and liner technology to optimize cost while preserving carbonation and flavor stability.
Alcoholic Beverages
Alcoholic Beverages utilize glass for premium cues and cans for RTD expansion. Packaging strategy blends aesthetics with light/oxygen control and closure design. Growth in craft and low-alcohol segments accelerates demand for format diversification and agile decoration.
Bottled Water
Bottled Water prioritizes light-weight PET, high rPET content, and tethered caps for compliance and sustainability. Producers emphasize high-speed filling, stackability, and e-commerce durability. Messaging focuses on purity and lower material usage while expanding bulk and multipack options.
Milk
Milk and dairy require cold-chain compatibility, light protection, and food safety. Cartons and HDPE bottles deliver handling strength and hygiene with fitments that support family usage. Aseptic lines enable ambient distribution for flavored and UHT variants, improving reach into emerging channels.
Fruit & Vegetable Juices
Fruit & Vegetable Juices need oxygen barriers and aseptic integrity to protect nutrients and taste. Cartons and bottles with multi-layer structures balance protection with recyclability improvements. Brands invest in premium graphics and portion packs to serve both on-the-go and family occasions.
Energy Drinks
Energy Drinks leverage cans for branding impact and cold convenience, alongside select PET for reclosability. Packaging differentiates via embossing, matte finishes, and distinct closures. Speed to market and line flexibility are critical as flavors rotate and limited editions proliferate.
Plant-Based Drinks
Plant-Based Drinks favor cartons for ambient stability and clean-label positioning, with bottles supporting barista and on-the-go use. Priorities include foamability, viscosity handling, and recyclability narratives aligned to sustainability. Co-packing partnerships enable regional agility and faster SKU innovation.
Others
Others encompass niche and seasonal beverages where format experimentation and design storytelling are key. Suppliers propose short-run digital prints and alternative barriers to test concepts cost-effectively. Data-driven SKU rationalization ensures operational focus while maintaining brand freshness.
Drinks Packaging Market, Segmentation by Geography
In this report, the Drinks Packaging Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America emphasizes rPET integration, aluminum can capacity, and returnable pilots with retailers. Regulatory frameworks and retailer scorecards elevate recyclability and design for circularity. Premiumization in RTD cocktails and functional drinks sustains format innovation, supported by automation and high-speed filling.
EuropeEurope leads on EPR schemes, deposit return systems, and reuse targets, shaping pack choices across categories. Converters prioritize mono-material structures, fiber sourcing, and low-carbon energy in production. Cross-border brands harmonize tethered cap compliance and label separation to enhance material recovery outcomes.
Asia PacificAsia Pacific combines high-volume hydration demand with rapid growth in energy and functional beverages. Investments expand PET preform and can lines while improving waste management and collection infrastructure. Localized design-to-value and SKU agility help address diverse income tiers and channel mixes across the region.
Middle East & AfricaMiddle East & Africa focuses on ambient-stable formats and heat-resistant packaging suited to climate and logistics realities. Brand owners scale aseptic cartons and PET for affordability while growing cans in modern retail. Policy momentum around collection and producer responsibility underpins longer-term circularity improvements.
Latin AmericaLatin America benefits from resilient retreadable glass pools in beverages and expanding can adoption in mainstream and craft segments. Companies balance value packs with premium SKUs, leaning on local sourcing and cost optimization. Emerging EPR frameworks and partnerships with recyclers support gradual increases in post-consumer content.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drinks Packaging Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints, and Opportunity Analysis
Drivers :
- Consumer Preferences and Trends
- Urbanization and Lifestyle Changes
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Health and Wellness Trends : Increasing awareness about health and wellness is reshaping the beverage industry, with consumers seeking out healthier alternatives to traditional sugary drinks. This shift has led to a growing demand for beverages such as bottled water, natural juices, and functional drinks that are perceived as healthier options. As a result, beverage manufacturers are adjusting their product offerings to cater to this demand, thereby impacting the packaging requirements. Packaging for these health-oriented beverages often emphasizes attributes like freshness, purity, and nutritional value, with materials and designs chosen to convey these qualities to consumers.
The health and wellness trend is not only influencing the choice of beverages but also driving changes in packaging materials and formats. Consumers are increasingly looking for packaging that aligns with their health-conscious lifestyle, leading to a preference for packaging solutions that are eco-friendly, BPA-free, and easily recyclable. As a result, beverage companies are investing in sustainable packaging options such as biodegradable bottles, recycled materials, and minimalist designs that reduce environmental impact. This dual focus on health and sustainability is shaping the future of drinks packaging, with an emphasis on providing products that are not only good for the body but also for the planet.
Restraints :
- Changing Consumer Preferences
- Rising Raw Material Costs
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Economic Uncertainty : Economic uncertainty, encompassing factors such as economic downturns, currency fluctuations, and geopolitical instability, exerts significant pressure on the global drinks packaging market. These uncertainties can disrupt consumer spending patterns and alter market demand for packaged beverages. During periods of economic instability, consumers often prioritize essential purchases over discretionary spending, leading to a potential reduction in sales volumes for packaged drinks. Consequently, this downturn in demand directly impacts the need for packaging solutions, as manufacturers adjust production levels and streamline operations to mitigate financial risks.
Currency fluctuations and geopolitical tensions add another layer of complexity, influencing production costs, pricing strategies, and market dynamics. Fluctuations in exchange rates can impact the cost of raw materials and transportation, affecting the profitability of drinks packaging manufacturers. Geopolitical instability, such as trade disputes or regional conflicts, can disrupt supply chains and market access, further exacerbating uncertainties within the industry. In response, companies must adopt agile business strategies, closely monitor market conditions, and diversify their operations to navigate economic uncertainties effectively.
Opportunities :
- Premiumization
- Functional Packaging
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Smart Packaging : Smart packaging, characterized by the integration of technologies such as RFID tags, NFC chips, or QR codes, offers a transformative solution for the drinks packaging market. These technologies enable businesses to gather valuable data insights throughout the supply chain, enhancing inventory management, reducing instances of loss or theft, and optimizing distribution processes. Moreover, by facilitating real-time tracking and monitoring, smart packaging enhances supply chain visibility, enabling stakeholders to make informed decisions promptly, thereby improving efficiency and reducing operational costs.
Smart packaging enhances consumer engagement by offering interactive experiences. QR codes, for instance, allow consumers to access detailed product information, promotional offers, or even immersive brand experiences directly from their smartphones. This not only empowers consumers with knowledge but also fosters brand loyalty and trust. Additionally, NFC-enabled packaging enables unique, personalized interactions, enriching the overall consumer experience and creating opportunities for targeted marketing initiatives. As the demand for connectivity and convenience continues to rise, smart packaging presents a compelling opportunity for businesses to differentiate their products and stay ahead in the competitive drinks packaging market.
Drinks Packaging Market Competitive Landscape Analysis
Drinks Packaging Market is characterized by intense competition where both multinational groups and regional players are striving for higher shares. The sector demonstrates strong focus on strategies such as collaboration, merger, and partnerships to reinforce their presence. With more than 65% concentration in select segments, competitive positioning remains a central driver of sustainable growth.
Market Structure and Concentration
The market displays a moderately consolidated structure with top brands holding nearly 55%–60% share across packaging formats. Strong expansion initiatives, coupled with niche entrants, keep competition balanced. While dominant companies maintain leadership, emerging firms are gradually pushing through innovation and strategies that diversify regional and product-level concentration patterns.
Brand and Channel Strategies
Brand leaders are leveraging omnichannel strategies, ensuring effective distribution through both retail and e-commerce, which accounts for more than 40% penetration. Emphasis on sustainable branding, combined with strategic collaboration and partnerships, strengthens consumer engagement. These efforts create differentiated positioning, enhancing visibility and long-term growth prospects across beverage categories.
Innovation Drivers and Technological Advancements
Packaging suppliers are investing in advanced materials and smart designs, with nearly 35% of players adopting eco-friendly concepts. Technological advancements in automation and digital labeling are reshaping the sector. Such innovation is supported by merger initiatives between packaging specialists, enabling wider adoption of sustainable technologies and enhancing operational efficiency.
Regional Momentum and Expansion
Regional competition shows that over 45% of expansion efforts are concentrated in fast-growing beverage economies. Local companies gain momentum through partnerships with distributors, while multinationals implement tailored strategies to match regional demand. This balanced mix of scale and customization ensures stronger penetration, particularly in segments driven by rising packaged drinks consumption.
Future Outlook
The future outlook suggests that more than 50% of growth will come from sustainable packaging adoption and channel innovation. Companies will continue pursuing collaboration, merger, and partnerships to accelerate market reach. Continuous technological advancements will redefine packaging performance, ensuring robust expansion trajectories and long-term competitiveness within the drinks sector.
Key players in Drinks Packaging Market include :
- Ball Corporation
- Amcor
- Crown Holdings
- Tetra Pak (Tetra Laval)
- Owens-Illinois
- Reynolds Group
- SIG (SIG Combibloc)
- Mondi
- Berry Global
- WestRock
- Stora Enso
- Graham Packaging
- Bemis
- Scholle IPN
- Amber Packaging
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material
- Market Snapshot, By Packaging Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Drinks Packaging Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Consumer Preferences and Trends
- Urbanization and Lifestyle Changes
- Health and Wellness Trends
- Restraints
- Changing Consumer Preferences
- Rising Raw Material Costs
- Economic Uncertainty
- Opportunities
- Premiumization
- Functional Packaging
- Smart Packaging
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Drinks Packaging Market, By Material, 2021 - 2031 (USD Million)
- Glass
- Plastics
- Metal
- Paperboard
- Others
- Drinks Packaging Market, By Packaging Type, 2021 - 2031 (USD Million)
- Box
- Bottle
- Cartons
- Cans
- Pouch
- Jars
- Others
- Drinks Packaging Market, By Application, 2021 - 2031 (USD Million)
- Carbonated Drinks
- Alcoholic Beverages
- Bottled Water
- Milk
- Fruit & Vegetable Juices
- Energy Drinks
- Plant-Based Drinks
- Others
- Drinks Packaging Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Drinks Packaging Market, By Material, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Ball Corporation
- Amcor
- Crown Holdings
- Tetra Pak (Tetra Laval)
- Owens-Illinois
- Reynolds Group
- SIG (SIG Combibloc)
- Mondi
- Berry
- WestRock
- Stora Enso
- Graham Packaging
- Bemis
- Scholle IPN
- Amber Packaging
- Company Profiles
- Analyst Views
- Future Outlook of the Market

