Ready-To-Drink (RTD) Packaging Market to Reach USD 7.3 Billion by 2034, Driven by Convenience and Sustainability Concerns [Yahoo! Finance]
Ball Corporation (BALL)
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Source: Yahoo! Finance
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
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BALL
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- 8/1/24 - Beat
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- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 4
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