Every day consumers drink various beverages from coffee to milk, water, beer and soda. We use everything from cartons, PET bottles, aluminum cans and pouches for our drinks. The beverage industry is growing, offering more variety in terms of product line-ups and packaging formats to suit just about any consumer.
According to a new market research report from MarketsandMarkets (marketsandmarkets.com) the beverage packaging market will grow from an estimated $97.2 billion in 2012 to $125.7 billion by 2018, at a compound annual growth rate (CAGR) of 4.3% from 2013 to 2018.