Soft drinks account for about 74% of all beverage packaging volume.
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Soft drinks are the dominating subcategory for food and beverage packaging, but other subcategories, like confectionery packaging, are showing promise for upcoming volume gains.
That’s according to PMMI Business Intelligence’s 2022 report, “Future of Packaging and Sustainability.” Beverages took up over 47% of the overall packaging market, with around 237 billion units in 2021. Soft drinks accounted for almost 74% of that, with a projected combined annual growth rate (CAGR) of 1.5% by 2025.
