Report

Alcohol Packaging Market By Material (Glass, Metal, Plastic, Paper, Others); By Alcohol (Beer, Wine, Spirits, Others); By Packaging (Primary, Secondary) Global Opportunity Analysis and Industry Forecast To 2030

  • Publish Date: Jul,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global alcohol packaging market size was US$ 61,983 million in 2021. The global alcohol packaging market size is forecast to reach US$ 78,205 million by 2030, growing at a compound annual growth rate (CAGR) of 2.7% during the forecast period from 2022 to 2030.

The process of securing, improving brand visibility, and enhancing brand marketing are all included in the definition of alcohol packaging. Customers like brands that offer simple-to-open packaging alternatives. The alcohol can package in a variety of ways, including a bag in a tube, a bag in a box, whiskey pouches, ceramic glass bottles, and others. Numerous alcohol brands have identifiable packaging. The Tax and Trade Bureau (TTB) is in charge of upholding rules governing bottle size and related fill standards for wine products supplied in the United States, according to (Federal Register Gov.).

Factors Influencing Market Growth
Among the factors driving the global market include the rising consumption of alcoholic beverages.
Increasing public awareness of sustainable packaging and the growing popularity of metal cans boost the global market growth.
Raw material cost changes and implementing rigorous packaging material regulations may slow down the overall market growth.
The growing packaging innovation in wine and spirits, particularly for premium products, is forecast to offer lucrative opportunities for the global market during the forecast period.

Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Since governments worldwide imposed restrictions on alcohol selling, led to the closure of various wine shops and bars. Closing wineries and retail outlets selling alcohol had a negative impact on the economy as well as the alcohol sector. People modified their drinking habits and moved their alcohol intake from bars to homes throughout the pandemic. The government-imposed lockdown has caused supply chains to break down, raw material prices to rise, and economies to suffer severe repercussions.

Regional Analysis
The Asia Pacific region is forecast to have lucrative growth during the forecast period. As a result of the changing manufacturing crazes for sustainable packaging. In addition, the presence of densely colonized nations like China and India, growing spending power, and increasing alcohol consumption. Additionally, the entrance of new competing firms into this industry and new brands improve product attraction. Furthermore, extending population, rising income levels, and rapid urbanization in countries such as China, Japan, and Thailand. Thus, these factors boost the market growth in the region.

Leading Competitors
The leading prominent companies profiled in the global alcohol packaging market are:
Amcol Plc
Beatson Clark
Ball Corporation
Berry Global Incorporated
Mondi Group
Crown Holdings, Incorporated
Brick Packaging, LLC
Gerresheimer AG
Tetra Pak International SA
Smurfit Kappa
Owens Illinois Incorporated
VetreriaEtrusca SPA
Other Prominent Players

Scope of the Report
The global alcohol packaging market segmentation focuses on Material, Alcohol, Packaging, and Region.
Segmentation based on Material
Glass
Metal
Plastic
Paper
Others
Segmentation based on Alcohol
Beer
Wine
Spirits
Others
Segmentation based on Packaging
Primary
Secondary
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Meta Title: Alcohol Packaging Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Alcohol Packaging Market is projected to reach US$ 78,205 million by the end of 2030 from US$ 61,983 million in 2021, at a CAGR of 2.7%
Meta Keywords: alcohol packaging market Size, alcohol packaging market share, alcohol packaging market trend, alcohol packaging market Forecast, alcohol packaging market insight