openPR Logo
Press release

Growlers Market Size Worth USD 791.1 million By 2031 | Growth Rate (CAGR) of 5.4%

05-21-2024 07:21 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Growlers Market Size Worth USD 791.1 million By 2031 | Growth Rate

The Growlers Market Size was valued at $456.8 million in 2021, and is projected to reach $791.1 million by 2031, growing at a CAGR of 5.4% from 2022 to 2031. A growler is a draught beer container made of glass, ceramic, or stainless steel that is mostly used in the United States, Canada, Australia, Brazil, and other nations. Breweries and brewpubs frequently sell them to customers who want to purchase craft beer to go. Growler bottles of beer are rarely used for retail sales.

โžก๏ธ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž & ๐“๐Ž๐‚ : https://www.alliedmarketresearch.com/request-sample/A16946

Growlers are a class of containers with screw-on or a hinged gasket. These growlers, which may be used to store and carry beverages including carbonated and noncarbonated drinks, beers, cider, and more, are constructed of glass, ceramic, or plastic. Additionally, growlers with valves are utilised at wineries for the storing and transportation of huge quantities of wine. The market use of growlers is anticipated to increase due to features like longer storage times and beverage flavour preservation. The global growlers market is anticipated to experience slow revenue growth because to a number of factors, including high initial investment costs and a shortage of experienced labour.

Rise in spirit tourism encourages tourists to indulge and experience local beverages and their distilleries, which directly impact the growth of growlers. Tourism, especially in the western countries, has fuelled the revenue of growler, owing to increase in tourist visits to distilleries, wineries, and breweries. Furthermore, rise in acceptance of spirits consumption by overseas tourists fuels the market growth of growlers as the tourist prefer to enjoy the alcoholic beverages at premium places. Growlers place an important role to enhance the taste of alcoholic beverages especially wines. Furthermore, it provides premium touch to the aesthetics. With growing spirit tourism, especially for wine in Europe, the demand for growlers is likely to gain traction in upcoming years.

There has been a shift in consumer buying behaviour in the past few years. This shift has led to an increase in online purchases of products. Players manufacturing growlers are now adopting omnichannel approach and have ventured to sell their products online. These players are actively engaging on their own company websites as well as other ecommerce platforms such as Amazon, Walmart, and Target. The sale of growlers via online channels has witnessed an upsurge in the recent years. The ease of buying, wide selection of products, doorstep delivery, and ease of payment are attracting more customers toward these channels. The increase in sales via online channels will continue to grow in the near future, and provide lucrative Growlers Market Opportunities for the engaged stakeholders.

โžก๏ธ๐๐ฎ๐ฒ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ๐ž๐ ๐๐ซ๐ข๐œ๐ž @ https://www.alliedmarketresearch.com/checkout-final/8229b8af85b3ca0b1f0e167e5745863b

The global report is studied on the basis of material, end user, and sales channel. By type, it is segregated into spreader bar and conventional hammocks. By material, the market is studied across glass and plastic. By end user, it is segmented into residential and commercial. By sales channel, the Growlers Industry is bifurcated into offline channel and online channel.

The global growlers market is studied across North America, Europe, Asia-Pacific, and LAMEA. Europe leads in terms of Growlers Market Share for 2021; however, Asia-Pacific is forecasted to witness significant growth during the forecast period, owing to surge in large-scale urbanization, rise in disposable income, and expansion of hospitality industry in the region. China along with India and South East Asian countries is likely to witness increased demand of growlers in the coming years.

The growlers market is segmented into material, application, capacity, end user, sales channel and region. On the basis of material, the Growlers Industry is categorized into stainless steel, glass, ceramic and PET plastic growler. On the basis of application, the market is categorized into alcoholic and non-alcoholic. On the basis of capacity, it is fragmented into 128 ounces, 64 ounces, 32 ounces. On the basis of end user the market is bifurcated into commercial and residential. Based on sales channel the market is further divided into online and offline. Region-wise, it is analysed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, Portugal and rest of Europe), Asia-Pacific (China, India, Japan, Australia and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).

โžก๏ธ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A16946

Key findings of study
โ€ข By material, the glass growlers segment was the highest revenue contributor to the market, and is estimated to reach $314.8 million by 2031, with a CAGR of 5.8%. However, the ceramic growlers segment is estimated to be the fastest growing segment with the CAGR of 6.9% during the forecast period.
โ€ข By application, the alcoholic segment dominated the global market, and is estimated to reach $561.9 million by 2031, with a CAGR of 5.1%. However, the non-alcoholic segment is expected to be the fastest growing segment during theGrowlers Market Forecast.
โ€ข Based on capacity, The 64 ounces segment was the highest revenue contributor to the market, and is estimated to reach $322.2 million by 2031, with a CAGR of 6.1%.
โ€ข Based on end user, the commercial segment was the highest revenue contributor to the market, with $358.3 million in 2021, and is estimated to reach $606.4 million by 2031, with a CAGR of 5.2%. However, residential segment is likely to be the fastest growing segment during the forecast period.
โ€ข Based on sales channel, the offline segment was the highest revenue contributor to the market, with $383.3 million in 2021, and is estimated to reach $646.5 million by 2031, with a CAGR of 5.1%.
โ€ข Based on region, Europe was the highest revenue contributor, accounting for $152.6 million in 2021, and is estimated to reach $228.6 million by 2031, with a CAGR of 3.9%.

Growlers Market Report Highlights
By Material
โ€ข Stainless Steel
โ€ข Glass Growlers
โ€ข Ceramic Growlers
โ€ข PET Plastic Growlers

By Application
โ€ข Alcoholic
โ€ข Sub-type
โ€ข Beer
โ€ข Wines
โ€ข Spirits
โ€ข Non-Alcoholic

By Capacity
โ€ข 128 ounces
โ€ข 64 ounces
โ€ข 32 ounces

By End User
โ€ข Commercial
โ€ข Residential

By Sales Channel
โ€ข Online
โ€ข Offline

โžก๏ธ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐–๐ž ๐จ๐Ÿ๐Ÿ๐ž๐ซ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ฆ๐ž๐ง๐ญ: https://www.alliedmarketresearch.com/request-for-customization/A16946

Some of the major players profiled in the Growlers Market Analysis include
Ardagh Group S.A., Alpha Packaging, William Croxsons & Sons Limited, GrowlerWerks, Inc., Global Glass Solutions, Orange Vessel Co, Berlin Packaging LLC, Boelter Companies, Inc, Drink Tanks Corporation, Zenan Glass, Novio Packaging B.V., MJS Packaging Inc, Saxco International, LLC, Hydro Flask, and Portland Growlers Company.

โžก๏ธ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :
โžฃ Kids Furniture Market
https://www.alliedmarketresearch.com/kids-furniture-market-A06492

โžฃ Kid Footwear Market
https://www.alliedmarketresearch.com/kid-footwear-market-A12408

โžฃ U.S. Cleaning Products Market
https://www.alliedmarketresearch.com/us-cleaning-products-market-A14310

โžฃ Home Cleaning Products Market
https://www.alliedmarketresearch.com/home-cleaning-products-market-A06840

โžฃ US Event Services Market
https://www.alliedmarketresearch.com/u-s-event-services-market-A20622

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free:+1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com">https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Growlers Market Size Worth USD 791.1 million By 2031 | Growth Rate (CAGR) of 5.4% here

News-ID: 3504899 • Views: โ€ฆ

More Releases from Allied Market Research

Wet Chemicals Market Navigating Potential Future Market Size as a Compass to Success
Wet Chemicals Market Navigating Potential Future Market Size as a Compass to Suc โ€ฆ
According to the report published by Allied Market Research, the global wet chemicals market was valued at $3.2 billion in 2021 and is projected to reach $5.9 billion by 2031, with a compound annual growth rate (CAGR) of 6.3% from 2022 to 2031. The comprehensive report offers a detailed analysis of key investment opportunities, top strategies for success, market drivers, opportunities, market size and forecasts, competitive landscape, and emerging marketโ€ฆ
Polyaspartic Coatings Market Trend is Growing Worldwide with Future Opportunities Analysis by 2031
Polyaspartic Coatings Market Trend is Growing Worldwide with Future Opportunitie โ€ฆ
According to the report published by Allied Market Research, the global polyaspartic coating market was estimated at $347.6 million in 2021 and is expected to hit $515.1 million by 2031, registering a CAGR of 4.0% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study isโ€ฆ
Aviation Gasoline Market Growth, Competitive Analysis, Prospects, And Top Key Players: Repsol, Shell Plc
Aviation Gasoline Market Growth, Competitive Analysis, Prospects, And Top Key Pl โ€ฆ
The aviation gasoline market is characterized by a delicate balance between technological innovation, regulatory compliance, and market demand. As aircraft manufacturers continue to develop more efficient and environmentally friendly piston engines, the demand for advanced formulations of avgas evolves accordingly. Moreover, stringent safety and quality standards imposed by aviation authorities worldwide shape the production, distribution, and usage of avgas. The global aviation gasoline (avgas) market size was valued at $12.5 billionโ€ฆ
Uninterrupted Power Supply (UPS) System Market Detailed Insights 2020-2027 | Key Players Schneider Electric SE, Legrand
Uninterrupted Power Supply (UPS) System Market Detailed Insights 2020-2027 | Key โ€ฆ
The global uninterrupted power supply market was valued at $7.4 billion in 2019, and is projected to reach $9.4 billion by 2027, growing at a CAGR of 4.3% from 2020 to 2027. UPS provide emergency power protection connected loads during any type of power failure. The uninterrupted power supply (UPS) system provide battery back up whenever there is any interruption in power flow. In addition, it also protects the system fromโ€ฆ

All 5 Releases


More Releases for Growler

Growler Market Value is Expected USD 805.49 million by 2029 ; Says Data Bridge M โ€ฆ
Global Growler Market Development Strategy Before and After COVID19, For Company Analysis of Strategy, Landscape, Type, Application and Major Countries. The report mainly includes Growler market dynamics, current industry development and development status, in addition to funding possibilities, increase rate, and latest emerging technologies utilized in downstream applications. Market Analysis and Size Data Bridge Market Research analyses that the growler market was valued at 621.24 million in 2027 and is expected toโ€ฆ
Global Growler Market Conveying Valuable Data By 2027 Players are Alpha Packagin โ€ฆ
Global Growler Market 2021 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market. The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in theโ€ฆ
Growler Market with Covid-19 Impact Analysis, 2020: Emerging Technologies, Sales โ€ฆ
Global Growler market will reach an estimated valuation of USD 621.24 million by 2027, while registering this growth at a rate of 2.80% for the forecast period of 2020 to 2027. Packaging plays a vital role in beer transport and the associated serving and brewing methods. Growlers have emerged as an effective packaging solution to pack large volumes of freshly craft beer and with the government support regarding the storageโ€ฆ
Growlers Market : Worldwide Industry Analysis and New Market Opportunities Explo โ€ฆ
Introduction: Packaging solutions are necessary in that they protect and preserve a product from any type of harm such as leakage, contamination, damage, etc. during the course of transit, consumption, and storage. Over the last few years, packaging solutions have grown in terms of appearance, features, colors and convenience. A growler is a type of vessel or container that is used to transport beer while also protecting it from degradation. Theseโ€ฆ
Growlers Market to Observe Strong Development by 2027
Packaging solutions are necessary in that they protect and preserve a product from any type of harm such as leakage, contamination, damage, etc. during the course of transit, consumption, and storage. Over the last few years, packaging solutions have grown in terms of appearance, features, colors and convenience. A growler is a type of vessel or container that is used to transport beer while also protecting it from degradation. Theseโ€ฆ
Growlers Market size and forecast, 2017 to 2027
Introduction: Packaging solutions are necessary in that they protect and preserve a product from any type of harm such as leakage, contamination, damage, etc. during the course of transit, consumption, and storage. Over the last few years, packaging solutions have grown in terms of appearance, features, colors and convenience. A growler is a type of vessel or container that is used to transport beer while also protecting it from degradation. Theseโ€ฆ