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/ --

Technavio has announced its latest market research report titled Global Alcoholic Beverage Packaging Market 2023-2027
Technavio has announced its latest market research report titled Global Alcoholic Beverage Packaging Market 2023-2027

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

To understand more about the alcoholic beverage packaging market, request a sample report

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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  • Analyze competitor's offerings

  • Get a holistic view of the market

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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.

Browse for Technavio's Materials Market Reports

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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Alcoholic Beverage Packaging Market 2023-2027
Global Alcoholic Beverage Packaging Market 2023-2027
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