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Global PET Plastic Kegs Market to Surge at 5.5% CAGR from 2022 to 2030 Driven by Rising Demand in Beverage Industry

05-28-2024 03:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The latest research from Dataintelo has revealed that the global PET Plastic Kegs market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 5.5% from the years between 2022 to 2030. This projected growth is being attributed primarily to the increasing demand for PET plastic kegs within the beverage industry, specifically in the regions like North America and Europe.

The report further highlights that in terms of volume, the segment for the 20L PET plastic kegs is expected to dominate the global market during this forecast period. However, the 30L segment, on the other hand, will be showcasing a higher rate of growth in terms of market value compared to other segments within the same deadline.

PET plastic kegs are increasingly becoming popular in the beverage industry due to their advantages such as recyclability, light weight, and safety. They are extensively used to preserve and distribute beer, cider, wine, and other beverages. The increasing consumer demand for these attributes along with the industry's sustainability goals are some of the many factors propelling the market growth.

This global PET plastic kegs market study by Dataintelo provides a detailed insight into the market trajectories followed by crucial segments and regions. It also outlines the growth potential, key trends, market opportunities, and challenges that are likely to affect the business scenario in the upcoming years.

The advantages of PET plastic kegs over traditional stainless-steel kegs are anticipated to influence the market positively. Factors like better logistical parameters and lower washing and maintenance costs are likely to contribute to its growth.

Specifically in North America and Europe, the beverage industry's expansion and the increasing involvement of breweries in craft beer production are expected to stimulate the market. This report presents valuable insights that will help stakeholders understand the market scenario and make informed business decisions.

Dataintelo is a premier market research and business consultancy firm, committed to providing data-driven insights to clients globally. With a specific focus on the PET plastic Kegs market, Dataintelo strives to provide the most accurate and comprehensive research study to assist businesses in their growth journey

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/240994

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The pet plastic kegs market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— 20L
โ— 30L
โ— Others

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Beer
โ— Cider
โ— Soft Drinks
โ— Wine
โ— Chemicals
โ— Pharmaceuticals

๐„๐ง๐ ๐”๐ฌ๐ž๐ซ
โ— Breweries
โ— Wineries
โ— Distilleries
โ— Beverage Companies
โ— Food & Beverage Industry
โ— Chemical Industry
โ— Pharmaceutical Industry

๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
โ— Direct Sales
โ— Distributors
โ— Online Sales

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Lightweight Containers BV
โ— Petainer
โ— Dispack Projects NV
โ— Rehrig Pacific Company
โ— PolyKeg S.r.l.
โ— SCHร„FER Container Systems
โ— KEG Exchange Group Sp. z o.o
โ— Lightweight Containers BV



Segment Analysis:

The market for PET plastic kegs has been divided into multiple categories based on type, application, end user, and distribution channel. In terms of type, the market is segmented into 20L and 30L, among others. Similarly, the end use of these kegs has been categorized under breweries, wineries, distilleries, beverage companies, and different industries like food & beverage, chemical, and pharmaceutical industry. The various applications for these kegs include beer, cider, soft drinks, wine, chemicals, and pharmaceuticals. The distribution channel essentially dictates the route of product from manufacturer to the end user and it can be further split as direct sales, distributors, and online sales.

Regional Analysis:

On a geographic level, the PET plastic kegs market has been mapped across regions like Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The overall market growth factors, size, shares, and potential opportunities in these regions vary due to different factors like economic conditions, customer preference, regulatory framework, and advancements in technology. North America and Europe are traditionally strong markets due to established breweries and wineries, while Asia Pacific and Latin America are expected to witness significant growth due to increasing consumer preference for beverages packaged in PET plastic kegs. The Middle East & Africa region is also expected to contribute to the market growth over the forecast period, driven by growing demand from chemical and pharmaceutical applications

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/240994

Market Drivers for PET Plastic Kegs:

1. Environmental Concerns and Sustainability: PET plastic kegs are recyclable which makes them an environmentally-friendly solution. They significantly reduce carbon footprint in comparison to traditional stainless steel kegs. This is a growing concern among consumers thereby driving the market for PET kegs.

2. Lower Cost: PET plastic kegs are relatively cheaper compared to the traditional metal/steel kegs. This cost-effectiveness boosts their demand, especially among small and medium breweries.

3. Lightweight and Easy to Handle: Compared to the metal kegs, PET kegs are lighter in weight, which makes handling and transportation easier. It reduces handling risks and transportation costs as well.

4. One-way Use and No Return Logistics: PET kegs are often for one-way use and do not require return logistics. This eliminates the need for cleaning, maintenance, and tracking of the keg, thereby making it a more convenient option.

Opportunities for PET Plastic Kegs:

1. Growing Craft Beer Industry: The booming craft beer industry around the globe presents an excellent opportunity for this market. Small and medium breweries are often more likely to adopt PET kegs to save on costs and handling issues.

2. Developing Markets: Emerging economies and developing markets present significant growth opportunities due to their growing beverage industries and growing environmental concerns.

3. Innovation: Continuous innovation and advancement in PET kegs regarding durability and design can attract more users.

4. Regulatory Push for Sustainable Packaging: With governments and international bodies pushing for sustainable packaging across industries, the PET plastic kegs market is poised to benefit from these regulatory changes

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/240994

This report would be beneficial for business executives, managers, consultants, analysts, venture capitalists, researchers, educators, and anyone else involved in strategic decision making and market analysis. Additionally, companies across various industries such as technology, healthcare, finance, retail, and manufacturing could also greatly benefit from it.

Dataintelo is a leading market research and consulting firm known for its comprehensive market reports. Here are some positive points about Dataintelo:

1. Expert Insight: Dataintelo's market reports are compiled by industry experts who have a deep understanding of the markets they cover.

2. Data Reliability: The data and insights presented in the reports are reliable and thoroughly validated.

3. Industry-Wide Coverage: Dataintelo's research covers all major industries segments and markets globally.

4. Custom Research: Dataintelo offers customized research for specific business requirements.

5. Timely Reports: Dataintelo provides timely and up-to-date reports.

6. Customer Support: Dataintelo offers excellent post-purchase customer support, ensuring buyers get the maximum value from their purchases.

7. Global and regional analysis: Dataintelo's reports include detailed global, regional, and country level market insights.

These features make Dataintelo a trusted choice for market research and consulting

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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