US Soft Drinks Packaging Market - By Packaging Material (Glass, Paper, Paper, Plastic), Products (Cans, Bottles, Pouches, Boxes), Type of Beverage (Carbonated Drinks, Milk, Water, Juices, Energy Drinks, Alcoholic Drinks), Trends, Forecast - (2017 - 2022)
Driven by consumer desire for a healthier lifestyle, bottled water will overtake carbonated soft drinks as the leading packaged beverage of choice among the U.S. consumers. With trends toward healthier beverages threatening the growth of carbonated soft drinks, finding new and innovative ways to get consumers to buy through packaging stimuli will be a key focus for packaging manufacturers and brand owners. However, the cost will still be the key ingredient to any new packaging feasibility. The US soft drink packaging market is estimated to grow at a CAGR of XX% in terms of the volume sales over the forecast period 2016 - 2021. While other beverages struggle to gain or maintain market share, bottled water is expected to have a significant increase in 2016 that equates to 10.9 billion gallons. Every segment of the bottled water industry is growing and bottled water is considered to be the most successful mass market beverage category in the U.S. In fact, single-serve PET plastic bottled water outperformed all other beverage categories, posting another significant rise. Bottled water already outsells retail soft drinks in 17 major cities, including New York, Boston, Los Angeles, San Francisco, Las Vegas, Houston, Miami and Washington D.C. As overall, soft drink consumption continues to decline, it is projected that more cities will join the list. The majority of carbonated soft drinks are sold in aluminum cans and PET bottles. They are also sold in bulk in the foodservice industry through soda fountains. Only a very small portion of CSDs are still packaged in glass bottles and these are usually packaged in smaller sizes, due to changing consumer preferences and lifestyles as well as increased costs associated with transporting heavy, low-volume glass containers versus high volume-to-packaging ratio PET bottles and aluminum cans. Soft drinks are the second most consumed drink after water, with plastic being the most used material for soft drinks packaging. Increasing population and rising disposable income has led to the increasing demand for soft drinks products across the world. Packaging plays an important role in the soft drinks market. Efficient packaging solutions offer benefits like ease of use, disposability and enhanced user experience. These benefits have led to the growth in demand for packaging solutions for the soft drinks segment. The other trend that is augmenting the demand is the new and innovative products, which helps manufacturers enhance their brand visibility while offering product differentiation. The US soft drink packaging market is segmented on the basis of material (plastic, paper, metal, and glass), soft drink product (juices, bottled water, energy drinks, ready-to-drink (RTD), and carbonates), and products (beverage cans, PET bottles, cartons and boxes. This 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 and competition analysis. The report also considers key trends that will impact the industry and profiles of leading suppliers of the US 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. What the report offers Market definition for the US soft drink packaging market, along with identification of key drivers and restraints. Market analysis for the US soft drink packaging market, with region-specific assessments and competition analysis on a regional scale. Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a regional scale. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share. Identification and analysis of the macro and micro factors that affect the US soft drink packaging market on a regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.