Packaging / Alcoholic Beverage Glass Packaging Market Global Alcoholic Beverage Glass Packaging Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - Crown Holdings, Inc., United Bottles & Packaging
Alcoholic Beverage Glass Packaging Market Global Alcoholic Beverage Glass Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Crown Holdings, Inc., United Bottles & Packaging
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Alcoholic Beverage Glass Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.9% during the review period (2022 to 2027).
Global Alcoholic Beverage Glass Packaging Market overview
The packaging of alcoholic beverages plays a significant role in the brand promotion of alcohol. The alcoholic beverage industry highlights the innovations, including enhanced branding and unconventional packaging formats, such as paper wine bottles, whiskey pouches, etc. It was observed that the global consumption of alcoholic beverages has been increasing significantly, over the decades. According to the study conducted by Lancet, alcohol per-capita consumption increased from 5·9 liters in 1990 to 6·5 liters in 2017, globally. The rising alcoholic beverage consumption is one of the key factors driving market growth.
Rising demand for packaged beverage items for recreational activities is driving the growth in the alcoholic beverage packaging market value. Attractive packaging formats offered by the packing and manufacturing industry to beverages industry and growth and expansion of the food and beverages industry will further induce growth in the alcoholic beverage packaging market value.
Industry News and Updates:
O-I Announces the Completion of Acquisition of Glass Packaging Facility in Mexico;
(July 1, 2019) : Owens-Illinois, Inc. has announced it has completed the acquisition of Nueva Fábrica Nacional de Vidrio, S. de R.L. de C.V. (“Nueva Fanal”) from Grupo Modelo, a wholly owned affiliate of Anheuser-Busch InBev SA/NV (Euronext: ABI) in a transaction valued at approximately US$188 million.
March 18, 2021: Encore, a leading global event production company, announced the expansion of its hybrid meeting program to best serve customers integrating remote and in-person audiences.
What are the major Applications, Types and Regions for Global Alcoholic Beverage Glass Packaging Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Plastic
Paper & Paperboard
Glass
Metal
By Application, it is segmented into
Beer
Wine
Spirits
Others
Global Alcoholic Beverage Glass Packaging Market Regional Analysis
North America and Europe jointly held a share of more than 50% of the global market in 2018. These regions are expected to witness growth in the future as well owing to increased consumption of premium alcoholic beverages including spirits and wines. For instance, the U.S. has been witnessing a growing demand for vodka. Europe has been witnessing high demand for flavored beer as one of the premium drinks.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Alcoholic Beverage Glass Packaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Alcoholic Beverage Glass Packaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Alcoholic Beverage Glass Packaging Market scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 4.9% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Alcoholic Beverage Glass Packaging Market Report
Evaluate Alcoholic Beverage Glass Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Alcoholic Beverage Glass Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Alcoholic Beverage Glass Packaging Market is studied from 2022-2027.
Who are the prime players in the Global Alcoholic Beverage Glass Packaging Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.