The global beverage packaging industry size is projected to reach USD 177.04 Billion by 2026 on account of the rising adoption of inexpensive and lightweight packaging materials in the food and beverage industry. As per the report, the market value was USD 123.39 billion in 2018 and will rise at a CAGR of 4.5% between 2019 and 2026. Beverage packaging can be utilized for a variety of products such as water, beer, soft drinks, spirits, coffee, wine, sports drinks, energy drinks, dairy products, juice, hard drinks, and others.
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