Alcoholic beverage packaging market size to grow by 7.16% Y-O-Y from 2022 to 2023: Rising consumption of alcohol will drive growth - Technavio - Yahoo Finance

NEW YORK, Dec. 7, 2022 /PRNewswire/ --

Technavio has announced its latest market research report titled Global Alcoholic Beverage Packaging Market 2023-2027

Alcoholic beverage packaging market insights -

Vendors: 15+, Including Amcor Plc, Ardagh Group SA, Ball Corp., Beatson Clark Ltd., Berry Global Group Inc., Brick Packaging, Compagnie de Saint Gobain SA, 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 S.A., Vetreria Etrusca Spa, Vidrala SA, among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Material, application, and region

To understand more about the alcoholic beverage packaging market, request a sample report

The alcoholic beverage packaging market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

Add credibility to strategies
Analyze competitor's offerings
Get a holistic view of the market

Grow your profit margins with Technavio - Buy the report

In 2017, the alcoholic beverage packaging market was valued at USD 48.81 billion. From a regional perspective, Europe held the largest market share, valued at USD 20.19 billion. The alcoholic beverage packaging market size is estimated to grow by USD 31.74 billion from 2022 to 2027 at a CAGR of 8.41%, according to Technavio.

Alcoholic beverage packaging market - Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
For highlights on customer landscape analysis, download a sample!

Alcoholic beverage packaging market - Vendor insights

The global alcoholic beverage packaging market is fragmented, with the presence of many international players. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including -

Amcor Plc – The company offers alcoholic beverage packaging such as Stelvin closure system designed for wines.
Ardagh Group SA - The company offers alcoholic beverage packaging such as glass and metal packaging.
Ball Corp. – The company offers alcoholic beverage packaging such as standard can, sleek can, slim can, and crowler can.

Alcoholic beverage packaging market - Market dynamics

Major drivers:

Rising consumption of alcohol
Growing demand for metal cans from the craft beer industry
Increasing use of PET packaging in the alcoholic beverage industry

Key challenges:

Rising cost of raw materials and energy
Decline in drinking habit
Growing concerns over the use of plastic bottles

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this alcoholic beverage packaging market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the alcoholic beverage packaging market between 2023 and 2027
Precise estimation of the size of the alcoholic beverage packaging market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the alcoholic beverage packaging market across APAC, North America, Europe, Middle East and Africa, and South America
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of alcoholic beverage packaging market vendors

Related reports:

The beverage packaging market size is estimated to grow by USD 101.59 billion with a CAGR of 7.03% during the forecast period 2022 and 2027. The market is segmented by material (rigid plastics, glass, metal, and others), product (alcoholic beverages, non-alcoholic beverages, and dairy beverages), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The beverage packaging market size in Europe market is estimated to grow by USD 10.10 billion with a CAGR of 5.67% during the forecast period 2021 to 2026. The market is segmented by material (plastic, glass, and metal) and location (Western Europe and Eastern Europe).

Get lifetime access to Technavio Insights! Subscribe to our "Basic Plan" billed annually at USD 5000.

Alcoholic Beverage Packaging Market Scope
Report Coverage	Details
Page number	170
Base year	2022
Historical year	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 8.41%
Market growth 2023-2027	USD 31.74 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	7.16
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	Europe at 34%
Key countries	US, China, India, Germany, and France
Competitive landscape	Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Amcor Plc, Ardagh Group SA, Ball Corp., Beatson Clark Ltd., Berry Global Group Inc., Brick Packaging, Compagnie de Saint Gobain SA, 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 S.A., Vetreria Etrusca Spa, and Vidrala SA
Market dynamics	Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's Materials Market Reports

Table of Content

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.3 Market size 2022

4 Historic Market Size

5 Five Forces Analysis

5.1 Five forces summary

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Material

6.1 Market segments

7 Market Segmentation by Application

7.1 Market segments

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.3 Amcor Plc

12.4 Ardagh Group SA

12.5 Ball Corp.

12.6 Beatson Clark Ltd.

12.8 Brick Packaging

12.9 Crown Holdings Inc.

12.10 DS Smith Plc

12.11 Gerresheimer AG

12.12 Mondi plc

12.13 O I Glass Inc.

12.15 Tetra Laval S.A.

12.17 Vidrala SA

13 Appendix

13.1 Scope of the report

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/