Beverage Crates Market Growth Propelled by Surging Demand for Non-Alcoholic Beverages: Future Market Insights
Market players are focusing on utilizing materials such as recyclable plastics, wood, and others to develop eco-friendly and reusable beverage crates.
DUBAI, UAE / ACCESSWIRE / January 12, 2021 / Future Market Insights: As per FMI the global beverage crates market will grow at a robust CAGR of 6.3% over the forecast period, 2020-2030. The market is primarily driven by growing demand for convenient methods of transporting and storing bottles and cans of drinks. Moreover, surging demand for non-alcoholic and alcoholic drinks is fueling demand for beverage crates.
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The beverage crates market will foresee a rise in demand after a temporary period of letup owing to COVID-19 outbreak. Growth trends are likely to stay positive as both high potential and developed markets recover all over the world. For instance, in China reopening of the food service sector will drive the East Asia market. Similarly, steadily increasing demand from the U.S. food sector is likely to assist overall growth of the market