Alcoholic beverage packaging market size to grow by 7.16% Y-O-Y from 2022 to 2023: Rising consumption of alcohol will drive growth - Technavio
NEW YORK, Dec. 7, 2022 /PRNewswire/ --
Alcoholic beverage packaging market insights -
Vendors: 15+, Including Amcor Plc, Ardagh Group SA, Ball Corp., Beatson Clark Ltd., Berry Global Group Inc., Brick Packaging, Compagnie de Saint Gobain SA, Crown Holdings Inc., Diageo Plc, DS Smith Plc, Gerresheimer AG, KRONES AG, Mondi plc, O I Glass Inc., Orora Ltd., Smurfit Kappa Group, Tetra Laval S.A., Vetreria Etrusca Spa, Vidrala SA, among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Material, application, and region
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The alcoholic beverage packaging market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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In 2017, the alcoholic beverage packaging market was valued at USD 48.81 billion. From a regional perspective, Europe held the largest market share, valued at USD 20.19 billion. The alcoholic beverage packaging market size is estimated to grow by USD 31.74 billion from 2022 to 2027 at a CAGR of 8.41%, according to Technavio.
Alcoholic beverage packaging market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –
Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
For highlights on customer landscape analysis, download a sample!
Alcoholic beverage packaging market - Vendor insights
The global alcoholic beverage packaging market is fragmented, with the presence of many international players. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including -
Amcor Plc – The company offers alcoholic beverage packaging such as Stelvin closure system designed for wines.
Ardagh Group SA - The company offers alcoholic beverage packaging such as glass and metal packaging.
Ball Corp. – The company offers alcoholic beverage packaging such as standard can, sleek can, slim can, and crowler can.
Alcoholic beverage packaging market - Market dynamics
Major drivers:
Rising consumption of alcohol
Growing demand for metal cans from the craft beer industry
Increasing use of PET packaging in the alcoholic beverage industry
Key challenges:
Rising cost of raw materials and energy
Decline in drinking habit
Growing concerns over the use of plastic bottles
Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
What are the key data covered in this alcoholic beverage packaging market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the alcoholic beverage packaging market between 2023 and 2027
Precise estimation of the size of the alcoholic beverage packaging market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the alcoholic beverage packaging market across APAC, North America, Europe, Middle East and Africa, and South America
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of alcoholic beverage packaging market vendors
Related reports:
The beverage packaging market size is estimated to grow by USD 101.59 billion with a CAGR of 7.03% during the forecast period 2022 and 2027. The market is segmented by material (rigid plastics, glass, metal, and others), product (alcoholic beverages, non-alcoholic beverages, and dairy beverages), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The beverage packaging market size in Europe market is estimated to grow by USD 10.10 billion with a CAGR of 5.67% during the forecast period 2021 to 2026. The market is segmented by material (plastic, glass, and metal) and location (Western Europe and Eastern Europe).
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Alcoholic Beverage Packaging Market Scope | |
Report Coverage | Details |
Page number | 170 |
Base year | 2022 |
Historical year | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 8.41% |
Market growth 2023-2027 | USD 31.74 billion |
Market structure | Fragmented |
YoY growth 2022-2023 (%) | 7.16 |
Regional analysis | APAC, North America, Europe, South America, and the Middle East and Africa |
Performing market contribution | Europe at 34% |
Key countries | US, China, India, Germany, and France |
Competitive landscape | Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | Amcor Plc, Ardagh Group SA, Ball Corp., Beatson Clark Ltd., Berry Global Group Inc., Brick Packaging, Compagnie de Saint Gobain SA, Crown Holdings Inc., Diageo Plc, DS Smith Plc, Gerresheimer AG, KRONES AG, Mondi plc, O I Glass Inc., Orora Ltd., Smurfit Kappa Group, Tetra Laval S.A., Vetreria Etrusca Spa, and Vidrala SA |
Market dynamics | Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Content
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global alcoholic beverage packaging market 2017 - 2021
4.2 Material Segment Analysis 2017 - 2021
4.3 Application Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Material
6.1 Market segments
6.2 Comparison by Material
6.3 Glass - Market size and forecast 2022-2027
6.4 Metal - Market size and forecast 2022-2027
6.5 Others - Market size and forecast 2022-2027
6.6 Market opportunity by Material
7 Market Segmentation by Application
7.1 Market segments
7.2 Comparison by Application
7.3 Beer - Market size and forecast 2022-2027
7.4 Wine - Market size and forecast 2022-2027
7.5 Spirits - Market size and forecast 2022-2027
7.6 Market opportunity by Application
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
9.4 APAC - Market size and forecast 2022-2027
9.5 North America - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 China - Market size and forecast 2022-2027
9.10 Germany - Market size and forecast 2022-2027
9.11 France - Market size and forecast 2022-2027
9.12 India - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Amcor Plc
12.4 Ardagh Group SA
12.5 Ball Corp.
12.6 Beatson Clark Ltd.
12.7 Berry Global Group Inc.
12.8 Brick Packaging
12.9 Crown Holdings Inc.
12.10 DS Smith Plc
12.11 Gerresheimer AG
12.12 Mondi plc
12.13 O I Glass Inc.
12.14 Smurfit Kappa Group
12.15 Tetra Laval S.A.
12.16 Vetreria Etrusca Spa
12.17 Vidrala SA
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
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