Press release
Smurfit Kappa, O-I, DS Smith, Ardagh Group driving Alcohol Packaging Industry by 2018-2025 With - Ball Corporation, Amcor, WestRock Company, Vidrala, Mondi Group, Bemis Company, Inc. Krones AG, Tetra Laval International, Gerresheimer, Stora Enso
Alcohol Packaging Market size is forecast to witness a high growth rate by 2025 owing to the increasing consumption of liquor beverages around the globe.Increasing urbanization coupled with rising per-capita income of the consumer in developing nations including India is likely to increase the alcohol production which further made a significant contribution to soaring profit of the alcohol packaging market. The liquor industry is one of the most gainful market around the globe. It generated a revenue of about USD 1.4 trillion in 2015 and will grow at a substantial rate during the forecast time spell. This industry will also witnesses shifting of sales from western countries to emerging market including Africa and Asia Pacific.
Request for report TOC@ https://www.gminsights.com/request-toc/upcoming/2796
The major players of the alcohol packaging market are
Ball Corporation
Amcor
Smurfit Kappa
Owens Illinois Inc.
Ardagh Group
DS Smith
WestRock Company
Vidrala
Mondi Group
Crown Holding
Bemis Company Inc.
Krones AG
Tetra Laval International
Gerresheimer
Stora Enso
The constant launch of different flavored alcoholic beverages will increase the liquor consumption which will foster the alcohol packaging demand by the end of 2025. Moreover, millennials are adopting alcoholic beverages at the faster rate than other generation. They have variation in brand loyalty and keen to explore distinct taste beverages from different regions, in different packing. For instance, in 2014, U.S. has approximately 60% of the liquor consumption population aged between 18 to 30 years. This factor will drive the liquor consumption and will bolster the alcohol packaging market.
The implementation of stringent regulation regarding packaging will hinder the product market. For instance, The Federal Alcohol Administration Act (FAAA) provides the regulation for beer, wine, and distilled spirits packaging. It regulates the structure or form of the package raises problems with respect to the bureau carrying out its statutory duties and innovative package composition contemplated for a specific liquor is an approved type of packaging. Moreover, the Internal Revenue Code of 1986 authorizes regulations on the size and kind of containers for distilled spirits. The rising raw material and energy cost to produce product will also hamper alcohol packaging market growth.
Make an inquiry before purchase of this report@ https://www.gminsights.com/inquiry-before-buying/2796
Analysis based on Packing Material:
Alcohol packaging market can be segmented as glass, metal, plastic, paper & paperboard. The glass segment will lead the product market owing to 100% recyclability and maintain the product quality. In 2016, The Wine Institute of America produce more than 4.7 billion wine bottles in the U.S. Moreover, growing beer industry in Europe will foster the glass packaging segment. Metal packing segment will also hold the substantial market share owing to its light weight with high mechanical strength which act as a barrier against air and water hence, preserve the beverage quality.
Analysis based on Packing Type:
On the basis of packing type, the alcohol packaging market is fragmented into bottles, metal cans, cartons, and pouches. The other niche packing type include bag in box, growlers, etc. The bottle segment will cover the major chunks of the product market owing to various packing innovation created with bottles regarding size and shape. Pouches and metal cans will also grow at significant rate during the forecast spell.
Application Analysis:
Based on application, the product industry is classified as beer, wine, spirit and others. Spirit and beer are the most consumable alcoholic drinks around the world. In 2018, around 50% of the total liquor consumed is in the form of spirit, followed by beer, accounting for nearly 35%. The increasing trend in consumption of liquor beverage will spur the alcohol packaging market by the end of 2025.
Regional Analysis:
Asia Pacific emerge as the fastest growing region which is majorly driven by the rising population and growing living standards in India, and China, which will favor the growth of alcoholic beverages consumption. Europe may hold a major chunk in the product segment, because the liquor market in this region valued approximately USD 480 billion in 2015. This will further increase the demand of alcohol packaging in next seven years.
Source: https://www.gminsights.com/industry-analysis/alcohol-packaging-market
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smurfit Kappa, O-I, DS Smith, Ardagh Group driving Alcohol Packaging Industry by 2018-2025 With - Ball Corporation, Amcor, WestRock Company, Vidrala, Mondi Group, Bemis Company, Inc. Krones AG, Tetra Laval International, Gerresheimer, Stora Enso here
News-ID: 1519708 • Views: …
More Releases from Global Market Insights

Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…

How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…

Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…

Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Alcohol
Digital Breath Alcohol Testers Market Reliable and Accurate Solutions for Alcoho …
Global Digital Breath Alcohol Testers Market Overview:
The Digital Breath Alcohol Testers market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Digital Breath Alcohol Testers market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Alcohol Screening Breathalyzer and Alcohol Screening Device Manufacturer | ALCOF …
ALCOFIND, a DA Tech brand, is a trustworthy and flawless maker of alcohol screening breathalyzer. It includes both an advanced alcohol tester and an alcohol screening device.Â
DA Tech has dedicated itself to the research and development of sensor-related application solutions since its foundation in 2002, firmly establishing itself as a specialized breathalyser company and emerging as a global leader.
ALCOFIND breathalyser has quality certifications for the world's major breathalyser markets, including…
Impact of COVID-19 on Alcohol Disinfectants Market by Products (Propyl Alcohol, …
The global Alcohol Disinfectants market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Alcohol Disinfectants market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. 3M Company, BODE Chemie Gmbh,…
Alcohol Sensor Market By Drägerwerk AG & Co. KGaA, Abbott, Alcohol Countermeasur …
Global alcohol sensor market is expected to reach USD 4.33 billion by 2026 from USD 1.55 billion in 2018 and is projected to grow at a CAGR of 13.7% in the forecast period of 2019 to 2026.
Global Alcohol Sensor market research report provides a detailed synopsis on the study for market and how it is impacting the Semiconductors and Electronics industry. The key research methodology used here by DBMR team…
PRESS- Premium Alcohol Seltzer
MEDIA RELEASE CONTACT: FRANK SINGLETON
frank@franksingletoncommunications.com
678.316.4237
PRESS launches premium alcohol seltzer in key US markets
Regional distribution includes Chicago, Boston, Atlanta, New York, Salt Lake
Milwaukee, WI—Major metropolitan locations across the country are part of a multi- region, multi-city national launch of new light-alcohol beverage brand PRESS, a fruit and spice infused alcohol seltzer being distributed in cities known as trend-forward cuisine and beverage marketplaces. Locations were selected based on market demographics including active…
Alcohol Testing Market - Increasing usage of alcohol testing devices, which are …
Alcohol testers are used to scrutinize whether an individual is under the effect of alcohol. Alcohol testing looks for traces of alcohol in a human body using samples of urine, hair, saliva, blood, breath, or sweat. Alcohol testing is an expanding market, due to the high consumption of alcohol and growth in the aging population that shows indications of increase in use of alcohol and prescription drugs. Alcohol tester is…