Beverage packaging industry to reach US$26.3 billion in 2015, said PMMI

The beverage packaging industry in North America is expected to reach US$26.3 billion in 2015, with plastic bottles leading the way in popularity, according to the report, "Beverage Packaging - An Industry Assessment" of PMMI, the Association for Packaging and Processing Technologies.

The study notes plastic continues to be the most widely used bottling material, accounting for over 40% of the market, and bottles, with approximately 55% of the market, are the most popular packaging format for beverages.

Although they suffered from a drop in soft drink sales, aluminum cans are picking up steam as other beverage categories - such as energy drinks and microbrews - are more than making up for the lost volume.

Flexible pouches have experienced the slowest growth, but many respondents still anticipate increased adoption of flexible beverage packaging down the road. Key to that, the report says, would be products geared to consumers accustomed to beverages, such as juice, in pouches.

Regardless of format, nearly all the interviews conducted for the study identified packaging as the primary means for communicating brand values to consumers.

Scheduled for release next month by PMMI, the study also addresses key trends such as packaging size and dimension ratios, openings that offer a finer drinking experience, resealability for portion control, different pack sizes to meet specific market demands, and colors and graphics to cut through the clutter on store shelves.