Global Alcoholic Beverage Packaging Market 2024-2028

Global Alcoholic Beverage Packaging Market 2024-2028

Global Alcoholic Beverage Packaging Market 2024-2028

The alcoholic beverage packaging market is forecasted to grow by USD 37.5 bn during 2023-2028, accelerating at a CAGR of 9.14% during the forecast period. The report on the alcoholic beverage packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising consumption of alcohol, growing demand for metal cans from craft beer industry, and increasing use of pet packaging in alcoholic beverage industry.

Technavio's alcoholic beverage packaging market is segmented as below:

• By Material
• Glass
• Metal
• Others
• By Application
• Beer
• Wine
• Spirits
• By Geographical Landscape
• Europe
• APAC
• North America
• South America
• Middle East and Africa

This study identifies the rising popularity of metal packaging for alcoholic beverages other than beer as one of the prime reasons driving the alcoholic beverage packaging market growth during the next few years. Also, growing popularity of standup pouches and bag-in-box packaging and shift toward bio-degradable packaging solutions will lead to sizable demand in the market.

The report on the alcoholic beverage packaging market covers the following areas:

• Alcoholic beverage packaging market sizing
• Alcoholic beverage packaging market forecast
• Alcoholic beverage packaging market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alcoholic beverage packaging market vendors that include Amcor Plc, Ardagh Group SA, Ball Corp., Beatson Clark, Berry Global Inc., Brick Packaging, Compagnie de Saint Gobain, 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 SA, Vetreria Etrusca Spa, and Vidrala SA. Also, the alcoholic beverage packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.