Growlers Market 2025 Trends: Expected to Grow at a CAGR of 5.4% from 2021-2031, Claims AMR

According to the report published by Allied Market Research, the global growlers market garnered $ $456.8 million in 2021, and is estimated to generate $791.1 million by 2031, manifesting a CAGR of 5.4% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

Download Sample Copy of Report @ https://www.alliedmarketresearch.com/request-sample/17324

The past few years have witnessed an increase in number of alcohol consumers, especially in the millennial population residing in developing countries. This increase in alcohol consumption, such as wine and whiskey, which is becoming a symbol of status drives demand for growlers. It leads to increase in use of growlers for storing and displaying drinks, which fuels demand for growlers substantially.

Growlers nowadays are being used very frequently in households and commercial establishments such as bars, pubs, and restaurants to create an impressive display of alcohol. Consumers of drinks are willing to spend exorbitant amount of money on growler that are uniquely designed, which increases aesthetics of their displays; thus, resulting in engaged stakeholders to create new, innovative designs that are completely different from traditional growlers and add a sense of novelty to the decanter. Designs such as globes, diamonds, animals, and growler with taps are likely to witness surge in both residential and commercial segments.

With alcoholic drinks being associated with wealth and status, there has been a shift in the consumer behavior, which has led to change in strategies adopted by the engaged stakeholders. Plastic is being used to make growlers, which makes them cheaper than a lot of glass growlers to facilitate the adoption with lower strata of the society. Furthermore, plastic is easy to mold, has good surface finish, and is unbreakable, as a result, growler made up of plastic are witnessing significant demand from consumers.

The research provides detailed segmentation of the global growlers market based on material, application, capacity, end user, sales channel, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

Based on material, the glass growlers segment held the highest share in 2021, accounting for nearly two-fifths of the global growlers market, and is expected to continue its leadership status during the forecast period. However, the ceramic growlers segment is expected to register the highest CAGR of 6.9% from 2022 to 2031.

Buy Now- https://www.alliedmarketresearch.com/checkout-final/ef9699ab54ac1feb2b2bd65b9ebc1236

Based on application, the alcoholic segment accounted for the highest share in 2021, contributing to nearly three-fourths of the global growlers market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the non-alcoholic segment is expected to manifest the highest CAGR of 6.3% from 2022 to 2031.

Based on sales channel, the offline segment accounted for the highest share in 2021, holding more than four-fifths of the global growlers market, and is expected to continue its leadership status during the forecast period. However, the online segment is estimated to grow at the highest CAGR of 6.7% during the forecast period.

Based on region, Europe held the largest share in 2021, contributing to around one-third of the total growlers market share.. In addition, the LAMEA region is expected to manifest the fastest CAGR of 7.1% during the forecast period. The research also analyzes regions including North America and Asia-Pacific.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business: https://www.alliedmarketresearch.com/purchase-enquiry/17324

Leading market players of the global growlers market analyzed in the research 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.

Know More- https://www.alliedmarketresearch.com/press-release/growlers-market.html

Trending Reports:

Waterless Cosmetic Market: https://www.alliedmarketresearch.com/waterless-cosmetic-market-A16860

Bamboo Toothbrush Market: https://www.alliedmarketresearch.com/bamboo-toothbrush-market-A11176

Contact:
Davin 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
Follow Us on | Facebook | LinkedIn | YouTube |

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.

This release was published on openPR.