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Europe Beverage Packaging Market estimated to grow 4.20% CAGR during 2016 to 2021

(EuropeNewsWire.Net, November 11, 2017 ) The Europe Beverage Packaging Market was worth USD 27.12 billion in 2016 and estimated to be growing at a CAGR of 4.20%, to reach USD 33.31 billion by 2021. The market shows steady growth in the mentioned forecasting period. Beverages are a part of our everyday life. Beverages serve many purposes whether it is a hot coffee on Monday morning or a chilled beer on Friday night. Europe comes second in terms of percentage share of the overall market and is a healthy market for beverage packaging.

Browse Europe Beverage Packaging Market Research Report Details @

Market Conditions:
Beverage packaging is an easy and important way of protecting the beverages from external materials which would otherwise make it unfit to drink and will subsequently decrease the quality of the product. Beverage packaging is the way the brand communicates with its consumers as they can touch and feel the product through packaging. Protecting the beverage and keeping its taste requires packaging and these product features help build trust and loyalty among its consumers.

The market is driven by the rapid growth of the beverage packaging industries in the region. In the recent times, UK, Spain, Italy, Germany and France are observing an increased demand in the consumption of alcoholic beverages, majorly due to the growing disposable income, aging population, and increasing living standards. This is stimulating the growth of the beverages packaging market in this region. The factors which negatively affect the beverage packaging industry are the growing concerns over the use of plastic. Some environmentalists consider it as a major threat for health and point out the amount of CO2 emissions associated with it. These are some of the factors which hinders the growth of the market.

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Europe Beverage Packaging Market Segmentation:
By Type: Introduction, Bottle, Can, Pouch and Carton
By Material: Introduction, Glass, Plastic, Metal and Paperboard
By Application: Introduction, Alcoholic, Non-Alcoholic and Dairy
By Geography: Introduction, UK, Spain, Germany, Italy and France

Some of the key players in Europe Beverage Packaging Equipment Market:
Saint-Gobain S.A.
Amcor Limited
Tetra Laval International S.A.
Rexam PLC
Owens-Illinois, Inc.
Crown Holdings, Inc.
Mondi PLC
Ball Corporation
Reynolds Group Holdings Limited
Alcoa Inc
Stora Enso Oyj

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