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Wine Barrel Market: Influential Factors Determining the Trajectory of the Market

12-20-2017 11:22 AM CET | Energy & Environment

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Wine Barrel Market: Influential Factors Determining

The global wine barrel market is expected to project a fairly positive outlook over the forecast period, with emerging economies such as South Africa, China, Brazil, India, etc. registering comprehensive growth over the forecast period. The Western Europe region accounts for nearly 1/3th of the global wine barrel market. A new report published by Future Market Insights titled “Wine Barrel Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” tracks the performance of the global wine barrel market during the projected period of 10-years between 2017 and 2027.

The global wine barrel market was valued at US$ 3,197.8 Mn in 2016, and is forecast to be valued at US$ 5,268.1 Mn by the end of 2027, expanding at a CAGR of 4.7% over the forecast period. Highest production of American Oak and French Oak is a key factor boosting market revenue growth. Countries such as Argentina, Chile, Australia and China are most favorable in the global wine barrel market and are expected to drive global sales of wine barrels.

Obtain Report Details @
https://www.futuremarketinsights.com/reports/wine-barrel-market

Global Wine Barrel Market: Forecast by Oak Type

On the basis of oak type, the global wine barrel market is segmented into French Oak, American Oak and Eastern European Oak. The French Oak segment is expected to gain 160 basis points over the forecast period. This segment is likely to emerge as the most attractive oak type over the forecast period. The French Oak segment is anticipated to create an incremental opportunity of US$ 1,114.4 Mn during the forecast period, accounting for an estimated value share of 49.8% of the global wine barrel market in 2017.

Global Wine Barrel Market: Forecast by Toast Level Type

Segmentation by toast level type includes light toast, medium toast, medium plus toast and heavy toast. Medium toast level type is a popular segment and is expected to hold more than 40% revenue share in the global wine barrel market throughout the forecast period. The medium toast segment is expected to create an incremental opportunity of US$ 910.1 Mn during the forecast period. Medium plus toast is the second largest segment anticipated to account for 26.1% of the global wine barrel market share in 2017.

Obtain Sample Of Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2206

Global Wine Barrel Market: Forecast by Capacity

By capacity the global market is classified into barrique, hogshead, puncheon and others. The barrique segment (i.e. 225 litres) is expected to generate an incremental opportunity of 1,156.9 Mn over the forecast period.

Global Wine Barrel Market: Forecast by Region

The seven key regions of North America, Latin America, Eastern Europe, Western Europe, APAC, Japan and MEA are analysed in this report. Western Europe is estimated to be the leading market for wine barrels with a market share of 37.1% in 2017 in terms of value and is expected to expand at a CAGR of 4.4% during the forecast period.

Global Wine Barrel Market: Key Manufacturers

Seguin Moreau Napa Cooperage, StaVin Inc., Tonnellerie de l'Adour, Damy Cooperage, Premier Wine Cask, Inc., The Barrel Mill, Billon Cooperage, Tonnellerie Radoux , The Oak Cooperage, East Coast Wood Barrels Corp, POZVEK d.o.o., Canton Cooperage, Nadalié USA, World Cooperage and A.P. John Cooperage are some of the top manufacturers of wine barrels.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email:sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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