Alcoholic Beverages Packaging Market

Growth in disposable income across the globe coupled with further spending on recreational activities is some of the key influencing factors that collectively lead to a growth of the alcohol consumption, which sequentially fuels the growth of the global alcoholic beverages packaging market over the forecast period. Over the years, growing awareness amongst the brand manufacturers about differentiating their alcoholic products based on packaging also contributing to the growth of the alcoholic beverages packaging market. Besides, rising consumer demands for easy to open, convenient packaging format for alcoholic beverages also drives the growth in the alcoholic beverages packaging market. However, the implementation of stringent regulations on packaging materials used for alcoholic beverages could hinder the growth of the global alcoholic beverages packaging market over the forecast period. Also, growing awareness amongst the younger generations about the adverse effect of alcohol consumption could ultimately hamper the growth of alcohol beverages packaging market.

Global Alcoholic Beverages Packaging Market – Segmentation:

The alcoholic beverages packaging market is segmented as follows

Global Alcoholic Beverages Packaging Market - Regional Overview:

Geographically, alcoholic beverages packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

North America as well as Europe cherishes a higher standard of living due to high disposable income and also are largely inclined towards consumption of premium alcoholic beverages, therefore, North America and Europe particularly the Western Europe are expected to maintain its dominance during the forecast period thus leading to the growth of alcoholic beverages packaging market. Asia Pacific region is likely to witness growth in opportunities in the alcoholic beverages packaging market owing to growth in consumption alcoholic beverages particularly India, China and ASEAN countries and is are anticipated to grow at a significant rate over the forecast period. On the other hand, prohibition in some of the Middle-East and African countries consumption of alcohol resulting a moderate growth in the alcoholic beverages packaging market.

Overall, global alcoholic beverages packaging market is projected to register a healthy rate of growth over the forecast period. 

Global Alcoholic Beverages Packaging Market - Key Players:

Few of the key players that currently operate in the alcoholic beverages packaging market are United Bottles & Packaging., Vetreria Etrusca Srl., O-I Packaging Solutions, Encore Glass, Orora Packaging Australia Pty Ltd., Tetra Pak., Creative Glass UK., Brick Packaging, LLC, BALL CORPORATION and many more.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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