Nordic Beverage Packaging Market Competitive Landscape, Opportunity and Industry Challenges 2018-2025

[Dec, 2018] The Nordic beverage packaging market size is projected to reach USD 2.16 billion by 2025, registering a 3.34% CAGR during the forecast period. Increasing demand for non-alcoholic beverages is one of the key factors driving the regional market.

Rapid recycling rate of end-of-life beverage packaging products in Nordic countries has been contributing to lower costs of raw material. The Nordic region recycles approximately 51.0% of its waste every year. This has been solely driven by governments in numerous countries aiming for ban on landfills. These countries follow a general deposit-based system, which involves a surcharge on any beverage product that is refunded at the time of bottle/can deposit. This has resulted in high return rate of end-of-life products that can be recycled.

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Beverage bottles, made of both glass and polyethylene terephthalate (PET), are preferred principally for their elegance on shelves and for their ability to hold greater product quantities compared to other beverage packaging solutions such as cans and pouches. PET bottles have been extensively used in Nordic countries for bottling beverages in order to increase the shelf appeal of beverages.

Sweden was the largest market for beverage packaging in 2017, and this trend is expected to continue over the forecast period. The market in this country is expected to witness stable growth over the forecast period owing to rising number of microbreweries in the region. In addition, the government of Sweden has recognized potential sustainability gains associated with plastic recycling. This development is expected to lead to growth of the bioplastic segment over the forecast period.

Further key findings from the report suggest:

• By product, the revenue bottles & jars segment is anticipated to reach USD 762.7 million by 2025

• In terms of material, the plastic segment is expected to witness steady growth over the forecast period owing to increasing demand for non-alcoholic beverages in the region

• On the basis of application, the non-alcoholic beverage packaging segment is anticipated to reach a market size of USD 1.15 billion by 2025, owing to increasing demand for packing of end products such as smoothies, mocktails, and juices

• Some of the key companies present in the market are Amcor Limited; Mondi Plc; COVERIS; Bemis Company, Inc.; Ball Corporation, Tetra Laval International S.A, Stora Enso; and Crown Holdings, Inc.

• Product innovation and technological advancements are two key areas of investment for major companies to sustain in the industry.

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Table of Contents:

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List to Data Sources
1.4 List of Abbreviations

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends, and Scope
3.1 Market Segmentation
3.2 Value chain analysis
3.2.1 Raw Material Trends
3.2.1.1 Plastic
3.2.1.2 Bioplastics
3.2.1.3 Wood pulp
3.2.1.4 Metal
Continued...

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