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Soft drinks are renowned for being consumables. These are of high quality, thus proper packaging is essential to preserving the product's excellent condition. The expansion of the soft drink packaging market is being driven by evolving lifestyles.
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Soft drinks packaging market trends From $27.93 billion in 2021, the Soft Drinks Packaging Market is projected to grow to up to $49.65 billion by 2026. With a CAGR of 12.19%, growth momentum is anticipated to pick up throughout the projection period. Soft drinks are renowned for being consumables. These are of high quality, thus proper packaging is essential to preserving the product's excellent condition. The expansion of the soft drink packaging market is being driven by evolving lifestyles. It is anticipated that the availability of a range of soft drinks with various flavours, nutrients, and colours would increase soft drink demand, leading to the expansion of the global soft drink packaging sector. Following are some of the packaging industry trends - Sustainable Food and Beverage Packaging
All industries are interested in sustainable packaging, but the food and beverage sector is particularly motivated to go green as we approach 2022. Consumers today want the packaging they get to be environmentally friendly, or at the absolute least to have an as little negative impact as possible, across almost all demographics and the whole globe. This frequently entails using materials that are recyclable, compostable, biodegradable, or sustainable in some other way for food and beverage packaging. The need for corrugated boxes will also increase as meal subscription programs continue to gain popularity. Automation in the Food and Beverage Industry Due to the worldwide COVID-19 epidemic, packaging automation, which was already gaining traction in a number of industries, has grown more common during the past two years. In general, automation has several benefits. When used for packing, it lowers instances of worker strain and injury, boosts throughput, enhances efficiency and accuracy, and reduces material waste. The food and beverage sector has adopted packaging automation due to these advantages, as well as manpower constraints in the United States. Packaging and delivering all kinds of goods to businesses and customers are now a lot simpler and more effective than ever thanks to equipment like flow wrappers, shrink tunnels, and heat shrink machines. Packaging automation will continue to rule the food and beverage sector through 2022 and perhaps beyond. Interactive Packaging for Food and Beverage When first introduced to interactive packaging in the food and beverage sector, some individuals would scoff, yet this feature can elevate your consumer experience. We can anticipate seeing even more interactive packaging elements in the upcoming year since they allow you to effectively communicate your brand narrative or deliver significant messages to customers while taking up very little space. A corrugated box, poly mailer, or other forms of packaging supplies has these interactive features printed, embedded, or attached to it. With a phone or other smart device, the user may scan them to access a plethora of data that the business has given. This implies that your company may use the code, chip, or label to convey information about your sustainability initiatives, the local farm from where your food was sourced, your rewards program, or anything else you may feel is appropriate to discuss. Leading companies which provide soft drinks packaging industry trends are Strategy Here, BIS research, Mordor Intelligence and CSP.