Market Highlights
Increase in alcohol consumption, demand for convenient packaging, and high quality of life are a few factors detrimental to the growth of the market. Alcohol packaging includes primary and second packaging. Various types of materials like glass, metal, plastic and paper & paperboard are used for alcohol packaging. High demand for packaging which offers ease of handling and convenience of consumption is expected to generate growth opportunities for the market. However, stringent rules on alcohol packaging and awareness about adverse affects of alcohol consumption may restrict the growth of the market.
Market Research Analysis
For the purpose of this study, the global alcohol packaging market has been divided into three segments: by material, packaging, and application. On the basis of material, the market has been segmented into glass, metal, plastic, paper & paperboard. By material, glass segment accounts for the largest market share. Glass packaging is chemically sterile and helps in restoring the volatility and potency of its contents for a longer duration. Moreover, it can be reused and recycled.
On the basis of packaging, the market has been segmented as primary packaging and secondary packaging. Primary packaging is subdivided into bottles, cans, bag-in-box, liquid brick carton, growlers, and pouches. Secondary packaging is subdivided into boxes, folding cartons, and others. Primary packaging dominates the type segment of the market and is expected to grow at the highest CAGR during the forecast period. Increasing demand for packaging that offers ease of consumption and handling are the factors driving the segment. . Moreover, introduction of various packaging designs to offer ease of handling and convenience of consumption are the factors driving the segment. Secondary packaging is expected to grow at a significant CAGR during the forecast period.
On the basis of application, the market has been segmented as beer, wine and spirits, and others. Beer dominates the application segment of the market and is expected to grow at the highest CAGR during the forecast period. Increase in the consumption of beer and its increasing popularity among the masses, especially younger age groups are driving the growth of this segment.
Key Players
The prominent players in the alcohol packaging market include Ball Corporation (US), Crown Holdings, Inc. (US), Ardagh Group S.A. (Republic of Ireland), Fiberon, LLC (USA), Owens Illinois Inc. (US), Berry Global, Inc. (US), Gerresheimer AG (Germany), Nampak Ltd (South Africa), Stora Enso Oyj (Finland), Vidrala S.A. (Spain) and among others.
Scope of the Report
This study provides an overview of the global alcohol packaging market trends, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global alcohol packaging market by its type, by end user and region.
By Material
Glass
Metal
Plastic
Paper & Paperboard
By Packaging
Primary Packaging
Bottles
Cans
Bag-in-box
Liquid brick carton
Growlers
Poches
Secondary packaging
Boxes
Folding cartons
Others
By Application
Beer
Wine
Spirits
Others
By Region
North America
Asia-Pacific
Europe
Rest of the World
Access Report Details @ https://www.marketresearchfuture.com/reports/alcohol-packaging-market-6612
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
Contact Us:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Comments