Press release
Alcohol Packaging Market Trends, Industry Size, Top Companies and Forecast to 2025
The global alcohol packaging market is anticipated to grow at a significant CAGR during the forecast period. Alcohol packaging includes primary and secondary packaging solutions used to package different alcohols. As alcohol consumption is increasing, the demand for alcohol packaging is expected to witness a steady rise. Additionally, rising per capita income has resulted in more consumers of alcohol. Packaging can have a substantial impact on customers’ buying decisions. Alcohol packaging plays a vital role in brand promotion leading to increased brand visibility. Presently, alcohol brands are keen on offering top packaging standards for their products to attract more consumers to try their brand over another. Consumers generally prefer alcohol brands that offer convenient and easy to open packaging solutions. Leading manufacturers in the alcohol industry are following attractive packaging formats, which include whiskey pouches, glass bottles, bag-in-tube, and bag-in-boxes, among many more.Although the implementation of stringent regulations on packaging materials used for alcoholic beverages could hinder the growth of the global alcohol packaging market. For example, the container shall be free from mold marks, chipping, stones, and blisters.
Browse the full report on Alcohol Packaging Market at https://www.omrglobal.com/industry-reports/alcohol-packaging-market/
In terms of packaging material, glass packaging is expected to lead the market share during the forecast period. The rising consumption of alcoholic drinks such as beer is anticipated to power the demand for glass packaging in the future years. Increasing disposable income globally is one of the key influencing factors that are leading to the growth of alcohol consumption, which is consequently fueling the growth of the global alcoholic packaging market. Over the years, growing awareness among the brand manufacturers about differentiating their alcoholic products based on the packaging is significantly contributing to the growth of the alcohol packaging market. In addition, increasing consumer demands for convenient packaging format such as easy-to-open, pull-cap, and more, for alcohol is also expected to drive the growth of the alcohol packaging market.
The global alcohol packaging market is highly fragmented with several market players operating and providing alcohol packaging products across the globe. Key alcohol packaging solution providers include Owens Illinois Inc., Beatson Clark Ltd., Crown Holdings, Inc., BA Glass Germany GmbH, Smurfit Kappa Group, Berry Global, Inc., and Ball Corporation, among many more.
Current Market Trends Covered in the market report:
• North America to Dominate the Market Share
• Asia-Pacific to Emerge as a Fastest-Growing Alcohol Packaging Market
• Glass Packaging Expected to Propel Due to Increasing Beer Consumption
• Targeting the Millennials Could Provide Lucrative Opportunity
The Report Alcohol Packaging Market Segmentation
By Packaging Type
• Bottles
• Cans
• Others (Pouch, Carton)
By Material
• Plastic
• Metal
• Glass
• Others
By Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
To know more about this study, request a free report sample at https://www.omrglobal.com/request-sample/?id=20086
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com, support@omrglobal.com
India: +91-780-304-0404, +91-917-982-8694
Global:+1-646-755-7667
Indore-India-452010
Web: www.omrglobal.com
Orion Market Research (OMR) is a market research company that endeavors to provide exclusive blend of qualitative and quantitative market research reports to global clients. Our organization helps both multinational and domestic enterprises bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of markets providing insights and market outlook to global clients.
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