The value of the alcoholic beverage packaging market was USD 2984 billion in 2020, and by 2026 the market value is expected to reach USD 3887 billion, growing at a CAGR of 5% over the forecast period (2021-2027). Globally, increased disposable income and increased spending on recreational activities are the major contributors leading to increased alcohol consumption as a whole, which drives the growth of the alcoholic beverage packaging market during the forecast period.
Leading manufacturing companies in the liquor industry follow attractive packaging formats such as ceramic glass bottles, whiskey pouches, bag-in-box, and bag-in-tube. Changes in consumer preferences are having a major impact on market research.
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A full report of Global Alcoholic Beverage Packaging Market is available at: https://www.orionmarketreports.com/alcoholic-beverage-packaging-market/7463/
The following Segmentation are covered in this report:
By Material
- Plastic
- Paper
- Metal
- Glass
- Other Materials
By Package Type
- Bottles
- Metal Cans
- Cartons
- Jars
- Pouches
- Other Package Types
By Product
- Beer
- Spirit
- Wine
- Other Products
Key Market Players
- Crown Holdings, Inc.
- United Bottles & Packaging
- Vetreria Etrusca S.p.A.
- Owens-Illinois (O-I), Inc.
- Orora Packaging Australia Pty. Ltd.
- Encore Glass
- Creative Glass
- Ball Corp.
- Tetra Pak International S.A.
- Brick Packaging, LLC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Alcoholic Beverage Packaging Market.
- The market share of the global Alcoholic Beverage Packaging Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Alcoholic Beverage Packaging Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Alcoholic Beverage Packaging Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)