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Europe Soft Drinks Packaging Market Size (2024 - 2029)

The Europe Soft Drinks Packaging Market is experiencing growth influenced by factors such as GDP growth and consumer purchasing power, despite challenges posed by the Covid-19 pandemic. The market's expansion is closely linked to the demand for ready-to-drink teas and bottled waters, as health and wellness trends impact carbonated soft drink consumption. Packaging plays a crucial role in the market, with innovations enhancing user experience and brand visibility. While consumption patterns vary across countries, the market is expected to recover to pre-COVID levels, driven by rising disposable incomes and population growth.

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Market Size of Europe Soft Drinks Packaging Industry

Europe Soft Drinks Packaging Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.80 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

Europe Soft Drinks Packaging Market Analysis

Europe Soft Drinks Baby Food Packaging Market is expected to grow at a CAGR of 4.8% over the forecast period (2021 - 2026). The Covid-19 pandemic had a negative effect on the soft drinks packaging market. The pandemic situation leads to disruptions in the supply chain and shrinks the disposable income of the customers, which leads to less consumption. Sharp recessionary effect and wellness and health priorities in the post-pandemic era will have a negative effect on the industry.

  • The growth of soft drinks in Europe will remain tied to GDP growth and increasing consumer purchasing power. RTD teas and bottled waters will be key opportunity areas as soft drinks consumption in Latin America have been the global bright spot for soft drinks brand owners and bottlers over the recent review period.
  • Although Carbonated Soft Drinks (CSD) consumption is high in European regions, consumer-led health and wellness trends could take their toll on continued growth. Stevia and alternative sweeteners offer a natural way for consumers to enjoy indulgent soft drinks, with RTD tea a possible alternative.
  • Soft drinks are the second most-consumed drink after water, with plastic being the most used material for soft drinks packaging. The increasing population and rising disposable income have 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.
  • A new Kearney study finds that soft drink consumption in Europe is expected to return to pre-COVID levels despite declining consumption due to restrictions. However, consumer preferences vary from country to country. For example, per capita consumption in Germany may decline slightly, while consumers in the UK are likely to consume more soft drinks in the future.

Europe Soft Drinks Packaging Industry Segmentation

Soft Drinks packaging products are specially designed for packaging material for young adults, athletes, and soft-drink lovers. The European soft drink packaging market is segmented on the basis of materials like plastic, paper, metal, glass. Soft drink products like juices, bottled water, energy drinks, ready-to-drink (RTD), carbonates, and types of products like beverage cans, PET Bottles, cartons, and boxes.

The scope of the study is currently focused on Europe. The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry. The study also tracks the impact of COVID-19 on the overall European Soft Drink Packaging Market and its performance. Detailed estimates for the next five years are included, along with the study of the major players and their strategies.

By Material
Plastic
Metal
Glass
Paper and Paperboard
By Product Type
Bottle
Can
Boxes
Cartons
By Geography
Europe
United Kingdom
Sweden
Germany
France
Rest of Europe
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Europe Soft Drinks Packaging Market Size Summary

The Europe soft drinks packaging market is poised for growth, driven by increasing consumer demand for soft drinks and the rising importance of efficient packaging solutions. The market's expansion is closely linked to economic factors such as GDP growth and consumer purchasing power. Despite the challenges posed by the Covid-19 pandemic, which disrupted supply chains and affected consumer spending, the market is expected to recover and return to pre-pandemic consumption levels. Key opportunity areas include ready-to-drink teas and bottled waters, which are gaining popularity as consumers shift towards healthier options. The use of plastic packaging, particularly HDPE, is prevalent due to its energy efficiency, lightweight nature, and recyclability, making it a preferred choice for packaging soft drinks, juices, and energy drinks.

The United Kingdom is expected to see significant market growth, fueled by an increasing population and demand for premium drinks. The carbonated drinks segment has traditionally dominated the UK market, although consumer preferences are evolving towards clean-label, gluten-free, and low-calorie products. The market is highly competitive and fragmented, with numerous domestic and international players vying for market share through innovation and product differentiation. Major companies like Amcor, Sealed Air Corporation, and Tetra Pak International are investing in new technologies and sustainable practices to meet the growing demand for packaging solutions. These developments, along with the robust retail market and improving economic conditions, are set to drive the growth of the soft drinks packaging market in Europe.

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Europe Soft Drinks Packaging Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Increasing Disposable Income and Growing Economies

      2. 1.3.2 Growing Demand for Ready-to-use Drinks

    4. 1.4 Market Restraints

      1. 1.4.1 Stringent Government Regulations Against Non-biodegradable Products

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Plastic

      2. 2.1.2 Metal

      3. 2.1.3 Glass

      4. 2.1.4 Paper and Paperboard

    2. 2.2 By Product Type

      1. 2.2.1 Bottle

      2. 2.2.2 Can

      3. 2.2.3 Boxes

      4. 2.2.4 Cartons

    3. 2.3 By Geography

      1. 2.3.1 Europe

        1. 2.3.1.1 United Kingdom

        2. 2.3.1.2 Sweden

        3. 2.3.1.3 Germany

        4. 2.3.1.4 France

        5. 2.3.1.5 Rest of Europe

Europe Soft Drinks Packaging Market Size FAQs

The Europe Soft Drinks Packaging Market is projected to register a CAGR of 4.80% during the forecast period (2024-2029)

Amcor Ltd, Sealed Air Corporation, Crown Holdings Incorporated, Tetra Pak International and Graham Packaging Company are the major companies operating in the Europe Soft Drinks Packaging Market.

Europe Soft Drinks Packaging Market Report Snapshots

Europe Soft Drinks Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)