Report: Economic Slowdown Fosters Innovation in Drinks Packaging

The global beverage packaging market is projected to reach $118.8 billion by the year 2017, with beverage consumption trends and environmental issues influencing the demand scenario. In addition, the advent of innovative and convenient packaging formats using minimal resources is likely to foster consumption of various beverage packaging material and formats. Beverage packaging is available in several formats including plastic bottles, metal cans, paperboard, cartons and pouches for use in a wide variety of beverages ranging from carbonated soft drinks to beer and milk. Consumption trends related to various commercial beverages and consumer preferences are critical driving factors for