The non-alcoholic beverage packaging market is expected to grow from USD 202.51 billion in 2025 to USD 334.99 billion by 2034, at a strong CAGR of 5.9%. The market includes materials such as plastic, glass, paperboard, and metal, with plastic especially PET bottles holding the largest share. The bottled water segment is projected to grow at 5.24% annually. Based on distribution, the market is divided into retail and food service, with retail showing the fastest growth. Regionally, Asia-Pacific leads the market due to rapid urbanization and shifting consumer habits, followed by North America, where demand for healthy and eco-friendly packaging continues to rise.
Key Players in the Non-Alcoholic Beverage Packaging Market
Recent Developments in the Non-Alcoholic Beverage Packaging Market: Innovations and Industry Trends
- In June 2022, Keurig Dr.Pepper Inc. signed a final agreement to buy Station Agro-Biotech. This Quebec-based business specializes in producing and distributing alcoholic and non-alcoholic beverages, the worldwide rights to the non-alcoholic, ready-to-drink cocktail brand Atypique.
- In August 2023, TricorBraun, the global packaging leader, announced the acquisition of CanSource, a leading producer of can packaging and related services. The acquisition broadens TricorBrauns beverage packaging capabilities and solidifies its North American beverage packaging market position.
- In August 2023, A beverage can and end production facility located in Saarlouis, Germany, owned by Helvetia Packaging AG, was acquired by Crown Holdings, Inc.
- In December 2023, The Beverage Company, established in Africa, was acquired by PepsiCo India bottler Varun Beverages (Bevco).
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