Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Stainless Steel Commercial Beverage Kegs Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027).
The increasing number of individuals consuming alcoholic beverages is estimated to propel the demand for kegs as kegs preserve the flavor & property of the content. Moreover, the growing penetration of retail has resulted in ease of access to the beverage which has increased in the demands of the kegs. The kegs are the small barrels that are used to store alcoholic beverages, non-alcoholic beverages, cooking oil, chemicals, and others. Kegs are generally preferred as it maintains the original properties and flavor of the product for a longer period.The study covers plastic kegs, tin kegs, and stainless steel kegs. Kegs helps in saving major packaging costs as a single keg can hold nearly 25-30 bottles of content. The increasing consumption of alcoholic beverages across various regions is the major factor augmenting the sales of kegs. Also, the steady growth of the beverage retail sector is anticipated to create growth opportunities for the kegs market. Overall, the future outlook for the Stainless Steel Commercial Beverage Kegs market is estimated to expand at a faster pace during the forecastable period.
THIELMANN SET TO OPEN THEIR SECOND UK KEG SERVICING HUB IN NEWARK IN OCTOBER 2020
14 SEPTEMBER 2020: THIELMANN will be opening a second keg servicing UK hub in Newark, Nottinghamshire, with plans for opening by mid-October 2020. The purpose of this new base is to facilitate better access in servicing breweries located in Central and Southern parts of the UK.
AMERICAN KEG AND BLEFA ANNOUNCE INVESTMENT BY BLEFA IN AMERICAN KEG
January 15, 2020: American Keg, LLC of Pottstown, PA and Blefa Kegs, Inc. of La Vergne, TN announced today that they are joining forces in producing beer kegs "made in the USA". This agreement ensures accelerated growth in production and employment for American Keg.Blefa Kegs, Inc. (Blefa) has acquired a major stake in American Keg, LLC (American Keg). With this strategic move, American Keg will be elevated to the next level by accelerating the company’s future growth and the creation of new jobs.
Stainless Steel Commercial Beverage Kegs Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
During the projection period, China's packaging industry is predicted to grow at a very high rate. The Chinese packaging sector is heavily influenced by variables such as rising per capita income, changing social atmosphere, and demography. As a result of this shift, new packaging materials, processes, and forms are required. According to the World Health Organization (WHO), the per capita alcohol consumption was around 6.08 litres in China in previous years. The increasing consumption of alcoholic beverages in China is anticipated to propel the demand for kegs in China.
The Stainless Steel Commercial Beverage Kegs 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 Stainless Steel Commercial Beverage Kegs Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Stainless Steel Commercial Beverage Kegs Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: THIELMANN, Blefa GmbH (Artemis Group), Zhejiang Ningbo Major Draft Beer Equipment Co., Ltd |
Forecast Period 2022 to 2028 CAGR | CAGR of 4.7% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Schoeller Allibert, Ac Buckhorn, Finncont, Bulk Handling, A. R. Arena, TranPa, Brambles Limited(ASX: BXB.AX), ORBIS, Dalian CIMC, TPS Rental, Loscam and others |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 106 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Stainless Steel Commercial Beverage Kegs Market is studied from 2017 - 2027.
What is the growth rate of Stainless Steel Commercial Beverage Kegs Market?
The Stainless Steel Commercial Beverage Kegs Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the key players in Stainless Steel Commercial Beverage Kegs Market?
THIELMANN, Blefa GmbH (Artemis Group), Zhejiang Ningbo Major Draft Beer Equipment Co., Ltd, SCHÄFER Container Systems, NDL Keg, Ningbo BestFriends Beverage Containers, American Keg Company, INOXCVA (Inox), WorldKeg, Cubic Container Systems, Shinhan Industrial Co., Ltd.
What regions regions does this Stainless Steel Commercial Beverage Kegs Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Stainless Steel Commercial Beverage Kegs Market?
≤ 20L, 21~50L, > 50L
What are the major end-use applications of Stainless Steel Commercial Beverage Kegs Market?
Alcoholic Products, Non-Alcoholic Products
What drives the demand for Stainless Steel Commercial Beverage Kegs across the globe?
The growing sales of alcoholic and non-alcoholic beverages due to the rising consumption of beverages among consumers is anticipated to be the major factor driving the demand for kegs across the globe.
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.
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