Packaging innovations are helping to drive growth in the beverage market, according to the “Beverage Packaging and Innovation Trends” report published by PMMI, The Association for Packaging and Processing Technologies. The average annual growth rate for the beverage market is projected at 4.5 percent through 2028, going from $30.1 billion to $45.5 billion. While plastic bottles are projected to take over the beverage market, the most excitement in packaging innovation centers on aluminum cans and bottles.
Aluminum container designs can be made in a broader set of sizes and shapes than plastic or glass—for example, sizes ranging from 7.5 oz. to 32 oz., from bottles to cans and from fat to thin. In addition, as sustainability and convenience continue to gain importance to consumers, aluminum innovations are catching up with plastic regarding lighter weight and resealability options for both cans and bottles. Aluminum cans with resealable closures provide more portability and safety over glass.