Press release
Alcoholic Drinks Packaging Market Emerging Business Trends and Investment Research Report 2021-2026
The Alcoholic Drinks Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Alcoholic Drinks Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Alcoholic Drinks Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Alcoholic Drinks Packaging market.The alcoholic drinks packaging market was valued at USD 29.84 billion in 2020, and it is expected to reach a market value of USD 38.87 billion by 2026, registering a CAGR of 5.06% during the forecast period (2021-2026).
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Top Leading Companies of Alcoholic Drinks Packaging Market are - Amcor Plc, Mondi Group, Ball Corporation (Rexam PLC), Saint Gobain SA, Tetra Laval(tetra Pack), Crown Holdings Incorporated, Krones AG, Sidel Inc. and others.
Industry News and Updates:
- November 2018 - Krones revised its modufill HE, which is used to fill beer. For example, numerous new technological features and design enhancements ensure that the filling system offers several features, in terms of safety, operator-friendliness, space savings, and hygiene.
- February 2018 - Amcor Flexibles Kreuzlingen AG filed a patent application for flexible multilayer packaging film with ultra-high barrier properties. The approval of the product may expand the product portfolio, especially for the food and beverage sector.
Key Market Trends:
Glass Packing Accounts for the Largest Share in the Market
- In this industry, glass is mostly preferred, as it does not react with the alcohol, keeping the chemical composition of the contents intact. This factor is given much importance in the alcoholic beverage industry, which operates on little product differentiation and is heavily dependent on the integrity of chemical composition to ensure that the stored liquid maintains its strength, aroma, and flavor.
- In addition to this, packaging innovation in wines and spirits, especially toward the premium products, is expected to show continuous growth during the forecast period, resulting in the growth of the overall glass bottles and containers market.
Major Types Covered:
Bottle Packaging
Tin Packaging
Others
Major Applications Covered:
Vodka Based Drinks
Wine Based Premixes
Ciders
Others
Regional Analysis:
China Accounts for a Significant Share
- Globally, China is one of the most significant consumer of alcoholic drinks. Though the sale of the Chinese rice liquor Baijiu is still very prevalent, the demand from the local customers for wine, imported beer, and spirits has been increasing over the past decade.
- Drinking alcohol has been traditionally accepted in the country during social events, such as the spring festival and wedding ceremonies. Furthermore, alcoholic beverages are now commonly consumed to relieve stress, facilitate social interaction, and foster good relations between supervisors and employees.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Alcoholic Drinks Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Alcoholic Drinks Packaging Market (%),2016 - 2026
- Alcoholic Drinks Packaging Market Share, By Brand
- Alcoholic Drinks Packaging Market Share, By Company
- Alcoholic Drinks Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Alcoholic Drinks Packaging Market Value Analysis & Forecast
- Promising Alcoholic Drinks Packaging Development by Major Companies
- Detailed Alcoholic Drinks Packaging Portfolio of the Major Companies
- Major Deals in the Alcoholic Drinks Packaging Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082591941/alcoholic-drinks-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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