Press release
Growlers Market Size, Outlook, Trends, Segmentation Analysis, Share, and Forecast 2031
The global growler market revenue was around US$ 456.9 million in 2021 and is estimated to reach US$ 791.9 million by 2031, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2022 to 2031.Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17891
Growlers are a group of bottles with a hinged or screw-on gasket. These growlers are made of ceramic, glass, or plastic and can be used to store and transport beverages such as non-carbonated and carbonated drinks, cider, beers, and more. In addition, growlers with valves are used at wineries to carry and store large amounts of wine.
Factors Influencing Market Growth
-Increased acceptability of spirits usage among foreign visitors who like to consume their alcoholic beverages in upscale settings drives the market expansion.
-Tourism, which encourages visitors to indulge in and explore local libations and their distilleries. Thus, it is anticipated to fuel the market growth.
-Growler sales through online platforms have increased over the past few years. Thus, the rise in sales through Internet channels will keep growing creating lucrative opportunities for the key players in the market.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on the market. Due to the lockdown enacted by the government, supply chains, a lack of raw materials, and a decline in the demand for alcoholic beverages. However, as regulations are relaxed and the hospitality sector gradually resumes operations, demand is expected to soar in the years to come.
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Regional Insights
Europe dominated the market in terms of the largest share. This is due to a lifestyle change brought on by a significant increase in disposable income, which has increased demand for growlers of variety and high quality in the region. Companies are acquiring large and local players to broaden their growler product line in the region to meet the rising client demand.
Leading Competitors
The leading competitors in the global growlers market are:
-Drink Tanks Corporation
-Saxco International
-Orange Vessel Co
-Novio Packaging B.V
-Portland Growlers Company
-Global Glass Solutions
-Alpha Packaging
-GrowlerWerks
-Zenan Glass
-Hydro Flask
-Ardagh Group S.A
-Berlin Packaging LLC
-William Croxsons & Sons Limited
-Boelter Companies
-MJS Packaging Inc
-Others
Segmentation Analysis
The global growlers market segmentation focuses Material, Application, Capacity, End User, Sales Channel and Region.
Segmentation based on Material
-Stainless Steel
-Glass Growlers
-Ceramic Growlers
-PET Plastic Growlers
Segmentation based on Application
-Alcoholic
o Beer
o Wines
o Spirits
-Non-Alcoholic
Segmentation based on Capacity
-128 ounces
-64 ounces
-32 ounces
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Segmentation based on End User
-Commercial
-Residential
Segmentation based on Sales Channel
-Online
-Offline
Segmentation based on Region
-North America
-The U.S.
-Canada
-Mexico
-Europe
-Western Europe
-The UK
-Germany
-France
-Italy
-Spain
-Rest of Western Europe
-Eastern Europe
-Poland
-Russia
-Rest of Europe
-Asia Pacific
-China
-India
-Japan
-Australia & New Zealand
-ASEAN
-Rest of Asia Pacific
-Middle East & Africa (MEA)
-UAE
-Saudi Arabia
-South Africa
-Rest of MEA
-South America
-Brazil
-Argentina
-Rest of South America
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Table of Content
Chapter 1: Global Growlers Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Growlers market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Growlers Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Growlers market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Growlers market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Growlers market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Growlers market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Growlers business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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