Global Beverage Packaging Market Set to Reach USD 221.5 Billion by 2032

The global beverage packaging market is on track for strong growth over the next decade, with new research from Meticulous Research forecasting the market to reach USD 221.5 billion by 2032, expanding at a compound annual growth rate (CAGR) of 4.9 percent from 2025 to 2032.

The study, titled “Beverage Packaging Market by Material Type, Packaging Type, Beverage Formulation, and Geography – Global Forecast to 2032,” highlights how the market’s expansion is being fuelled by evolving consumer preferences and rapid innovation in sustainable packaging technologies.

According to the report, growth is being driven by the rising global consumption of ready-to-drink (RTD) beverages, including both alcoholic and non-alcoholic options. Increasingly fast-paced lifestyles are creating demand for convenient, portable, and single-serve packaging formats such as PET bottles, cans, tetra packs, and pouches.

Beyond consumption trends, the expansion of diverse retail channels, the popularity of health-oriented beverages, and advancements in fill-finish processes are contributing to a shift toward more customised and efficient packaging solutions.

Sustainability continues to be a defining force in market transformation. Beverage producers are increasingly adopting biodegradable, recyclable, and refillable packaging options, supported by growing investment in monomaterials and circular design systems. The move towards recycled plastics, aluminium, and paper-based materials reflects a broader industry effort to reduce waste and lower the carbon footprint of beverage production.

Regionally, Asia-Pacific is expected to remain the leading market, accounting for more than 39 percent of global share by 2025. The region’s growth is attributed to urbanisation, population expansion, and changing consumer behaviour that favours convenience and premium beverage formats. North America and Europe are also projected to maintain strong positions, supported by advanced retail infrastructure and stringent sustainability regulations.

The coming years will see beverage packaging evolve beyond functionality to become an integral part of sustainability strategy and consumer experience. As innovation continues to reshape materials, design, and production efficiency, packaging will remain a key driver of growth and differentiation across the global beverage landscape.

Source: www.meticulousresearch.com

Europe’s Recycling Industry Nears a Breaking Point

The European plastics recycling industry is entering one of its most difficult phases in recent years. According to industry association Plastics Recyclers Europe (PRE), the sector is facing what it calls an “imminent collapse” driven by a surge in low-cost imports, declining demand for EU-made recyclates, increasing operational costs, and complex regulations that have slowed down recovery efforts.

PRE’s latest findings suggest that by the end of 2025, Europe could lose nearly one million tonnes of recycling capacity compared with 2023. Between January and July 2025 alone, capacity losses have already equalled those of the entire previous year, marking one of the sharpest declines in recent memory. Markets in Germany, the Netherlands, and the United Kingdom have experienced some of the most significant setbacks.

The organisation warns that this downturn is a clear reflection of the economic slowdown’s impact on the recycling sector. For the first time in several years, Europe’s recycling growth forecasts have flatlined, signalling a potential halt in the continent’s progress toward a circular economy.

In response, PRE is calling on policymakers to act swiftly. The group recommends the introduction of effective trade and market defence measures to protect EU recyclers from underpriced imports. It also urges consistent enforcement of Extended Producer Responsibility (EPR) frameworks across member states, simpler permitting procedures, and improved access to clean, affordable energy. Additionally, PRE emphasises the need for stronger customs controls and targeted investment incentives to help restore market stability.

The association cautions that if these challenges remain unaddressed, Europe risks undoing more than a decade of environmental progress. The collapse of the recycling sector, it says, could compromise both the EU’s climate goals and its leadership in sustainable innovation.

The coming months will be crucial for European policymakers and recyclers alike. Decisions made now will determine whether Europe strengthens its commitment to circularity or faces a setback that could reshape its environmental and industrial landscape for years to come.

Source: www.plasticsrecyclers.eu