Beverage Packaging Market Share

Regionally, the global beverage packaging market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America region is projected to hold the largest market share by the end of 2033. The growth of the market can be attributed to the significant change in the perception of people toward social drinking and escalation in the wine consumption. For instance, in 2020, the gross production of wine was projected to reach approximately 690 million gallons in the USA which was further estimated to be about 8% of the wine production across the globe. All these factors are expected to propel the market growth in the region over the forecast period.