Demand for beverage
containers in China is projected to rise 9.6% per year through 2015 to 469.5
billion units. In value terms, demand for beverage containers
is expected to reach 314 billion yuan in 2015 on annual growth of 13.3%, which
is faster than unit growth due to rising prices. Gains in the beverage container market will
be driven by rapid growth in packaged beverage consumption, supported by an
increase in personal income and expenditure levels. In the nonalcoholic beverage market, milk
containers are forecast to be the largest segment, with a 2015 market share of
24% in unit terms. Fruit beverage
containers will be the second largest segment, followed closely by water
containers. These
and other trends are presented inBeverage Containers in China,a new
study from the Beijing office ofThe Freedonia Group, Inc.(www.freedoniagroup.com), a Cleveland-based industry research firm.
Plastic beverage
containers will continue to account for the largest share of total sales, reaching nearly 223 billion units in
2015 and reflecting their widespread use in the Chinese beverage industry. Demand will benefit from plastic containers’
low cost and expanding usage in almost every beverage market, as well as from
technological improvements. Advances
will also be driven by their advantages over other materials, including shatter
resistance, light weight, ability to be produced in diverse sizes and shapes,
and resealability. Moreover,
single-serving plastic containers will continue to make inroads into the
market, leading to increases in unit growth, as well as further declines in the
average plastic container size.
Demand for glass
bottles, the second largest container type, will increase 7% per year through
2015. Gains will continue to benefit from favorable
trends in beer consumption and the expanding use of nonreturnable beer
bottles. Opportunities will also be
found where glass is valued for its premium image, quality and ability to
differentiate new products. Healthy
growth of glass bottle sales is also expected in the fruit beverage
market.
Fast growth is expected
for paperboard containers, as unit demand increases 11.1% annually through 2015.
Opportunities for paperboard containers are expected in the packaging of
milk, fruit beverages, and other nonalcoholic beverages. In particular, aseptic cartons will post strong
growth, benefiting from their ability to provide lengthy shelf life at room
temperature. Gains for metal cans will
be close to the overall average growth for beverage containers.
Demand for beverage containers in China to exceed 469 billion units in 2015
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