The RTD packaging market is expected to reach USD 7.3 billion by 2034, fueled by growing consumer demand for convenient, on-the-go beverages. The rise of health and wellness trends further bolsters this growth, with consumers seeking nutritious RTD options.
However, the industry faces challenges regarding environmental sustainability. Consumers and regulations are pushing for reduced plastic use, creating a need for cost-effective sustainable packaging solutions. Advancements in eco-friendly materials, smart packaging features, and e-commerce solutions offer promising opportunities for the RTD packaging market to navigate these hurdles and achieve sustainable growth.
NEWARK, Del. , June 19, 2024 /PRNewswire/ -- According to Future Market Insights, Inc., the ready-to-drink (RTD) packaging market is estimated to secure USD 5.
6 billion in 2024 . By 2034, this market is expected to exceed USD 7.3 billion , reflecting a CAGR of 2.
2% over the decade. The industry is driven by the increasing consumer demand for convenience and time-saving products. As lifestyles become busier, particularly in urban areas, consumers are seeking out beverages that are easy to consume on the go.
This demand is further bolstered by the growing health and wellness trend, with more consumers opting for nutritious RTD beverages such as smoothies, protein shakes, and cold-pressed juices. Additionally, advancements in packaging technologies that extend shelf life without compromising taste or quality are pro.