Research and Markets: Beverage Packaging Market in Europe 2015-2019: Crown Holdings, Owens-Illinois and Evergreen Packaging Among Top Vendors
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/xgl2fr/beverage) has announced the addition of the “Beverage Packaging Market in Europe 2015-2019” report to their offering.
The analysts forecast the Beverage Packaging market in Europe to grow at a CAGR of 3.64 percent over the period 2014-2019.
– Crown Holdings
Other Prominent Vendors
– Allied Glass Containers
– CCL Industries
– CKS Packaging
– DS Smith
– International Paper
– Mondi Group
– Plastipak Packaging
– Sealed Air
– Silgan Holdings
– Sonoco Products
– Stora Enso
Commenting on the report, an analyst from the team said: One of the key trends emerging in the market is the development of innovative packaging solutions. R&D efforts are directed toward the development of new features with enhanced size and shape, and specifically toward lightweight packaging materials.
According to the report, one of the main factors driving the growth of the market is the change in beverage consumption patterns and increase in preference for RTD beverages. The popularity of packaging is also the result of urban lifestyles and increased penetration of organized retail stores. These stores often prefer branded packaged goods, thereby driving demand for packaging solutions.
Further, the report states that one of the key challenges hindering the growth of the market is the constraints in expanding production capacity. There is a need to have high-volume production plants to facilitate customer demand. The big players are aggressively investing in expanding their production through direct investments or through acquiring small firms.
For more information visit http://www.researchandmarkets.com/research/xgl2fr/beverage
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Sector: Beverage, Packaging, Beverage Packaging