The commercial beer tap system market size is anticipated to expand at a CAGR of 4.8% during the forecast period (2023 to 2033), reaching around USD 2,153.0 Million in 2023. Overall sales of commercial beer tap systems are projected to total a market valuation of USD 11,347.2 Million by 2033. Rising consumption of draught beer along with increasing number of bars are some of the key factors driving demand for commercial beer tap systems globally.
Commercial beer tap systems have been around for centuries. The earliest known system was used in England in the 1560s. This system consisted of a wooden keg with a spigot, which was used to dispense beer. The keg was placed on a table and the spigot was used to dispense the beer into glasses. This system was eventually replaced by metal kegs and taps, which were more durable and could be cleaned more easily.
Modern commercial beer tap systems have become crucial beer dispensing solutions across end use sectors such as bars, restaurants, brewpubs, and cafeterias. These systems help end users in maintaining the quality of beer, minimizing wastage, and reducing the time taken to serve a pint of beer to the customers. They also provide an efficient cooling environment for the beer.
Thus, rapid growth of pubs, bars, restaurants, and cafeterias and consequent adoption of commercial beer tap systems across these sectors will boost the market during the forecast period.
Similarly, demand for commercial beer tap systems will be driven by growing popularity of draught beer and the need for efficient serving solutions across various industries. Draught beer is a type of beer that is served from a cask or keg rather than being bottled or canned. This type of beer is being preferred over other beer types due to its freshness as it does not require extra time for canning or bottling.
The substantial growth of food & beverages industry is another factor that is creating growth prospects for commercial beer tap system market. The food and beverage industry has been playing a role in promoting draught beer and helping to grow the market for commercial beer tap systems.
There are mainly two types of commercial beer tap systems i.e., countertop and floor-mounted available in the market, each with its unique features and benefits. Among these, demand remains particularly high for countertop commercial beer tap systems due to increasing adoption across various industries.
| Attribute | Key Insights |
|---|---|
| Commercial Beer Tap System Market Estimated Value (2023) | USD 2,153.0 Million |
| Projected Market Value (2033) | USD 11,347.2 Million |
| Value-based CAGR (2023 to 2033) | 4.8% |
| Share of Germany in the Global Market | 22.2% |
Regionally, North America and Europe collectively account for the largest share of the global commercial beer tap system industry and the trend is expected to continue over the next ten years. This can be ascribed to the rising consumption of draught beer, the increasing number of pubs and bars, and presence of leading commercial beer tap system manufacturers.
According to Future Market Insights, the global market for commercial beer tap systems grew at 3.5% CAGR during the historical period from 2018 to 2022 and reached a valuation of USD 1,285.5 million at the end of 2022.
However, with the rising popularity of craft beer worldwide, the overall sales of commercial beer tap systems are projected to rise at a steady CAGR of 4.8% between 2023 and 2033.
Commercial beer tap systems are expected to continue to grow in popularity in the coming years. This growth is being driven by the increasing popularity of craft beer and the desire of consumers for fresh, locally-brewed beer. Tap systems offer breweries a way to dispense their product directly to consumers, without having to bottle or can it.
End users like bars, restaurants, and cafeterias are increasingly installing commercial beer tap systems in their facilities to easily provide fresh high-quality beer to their customers. Thus, the growth of these end-use sectors will eventually boost sales of commercial beer tap systems during the forthcoming decade.
A number of influential factors have been identified that are expected to spur growth in the global market for commercial beer tap systems during the projection period (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can somehow influence commercial beer tap system sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Increasing Consumption of Craft Beer Driving Demand in the USA
As per FMI, demand for commercial beer tap systems will continue to grow at a strong pace across the USA during the forecast period owing to the rising popularity of draught beer and an increasing number of bars and pubs.
Similarly, the increasing number of craft breweries in the country and the willingness of consumers to spend more on quality beer is positively influencing the sales of commercial beer tap systems in the USA.
As per the Brewers Association Annual Growth Report (2019), there were around 8,275 craft breweries operating in 2019 and this number is expected to further surge during the next few decades amid an increasing number of beer lovers in the country. This will indirectly boost the commercial beer taps system industry in the USA.
Moreover, the presence of a large number of commercial beer tap system manufacturers and suppliers in the country will aid in the expansion of the USA market over the next ten years.
Rising Demand for Energy-efficient Systems Boosting Market in the UK
The UK market for commercial beer tap systems is growing rapidly. This is due to several factors, including the increasing popularity of draft beer and the growing demand for energy-efficient systems.
Commercial beer tap systems are becoming increasingly popular in the country due to their energy efficiency and ability to dispense a variety of different beers. These systems are also becoming more popular because they allow businesses to save money on their energy bills.
Similarly, increasing consumption of craft beer is driving up demand for commercial beer tap systems. As consumers become more knowledgeable about the different types of beer available, they are more likely to purchase products that offer a wider range of options.
Bars to Generate Lucrative Opportunities for Commercial Beer Tap System Manufacturers
Based on application, the global market for commercial beer tap systems is segmented into bars, restaurants, and cafeterias. Among these, the bar segment will experience the highest growth rate, followed by restaurants and cafeterias. This can be attributed to the rising number of bars worldwide that are continuously installing commercial beer tap systems.
In recent years there has been an increase in the popularity of craft beer and the willingness of consumers to spend more on quality beer. As a result, many bars are investing in commercial beer tap systems to offer a wider variety of beers to their customers. This is expected to create lucrative opportunities for commercial beer tap system manufacturers during the forecast period.
As the market for commercial beer tap systems continues to grow, so does the competition. Key manufacturers of commercial beer tap systems are adopting various organic and inorganic strategies such as new product launches, mergers, acquisitions, collaborations, and facility expansions to increase their revenues and gain a competitive edge in the market. for instance,
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 2,153.0 Million |
| Projected Market Size (2033) | USD 11,347.2 Million |
| Anticipated Growth Rate (2023 to 2033) | 4.8% CAGR |
| Forecast period | 2023 to 2033 |
| Historical data available for | 2018 to 2022 |
| Market analysis | USD million in value |
| Key regions covered | North America; Eastern Europe; Western Europe; Japan; South America; Asian Pacific; Middle East and Africa (MEA) |
| Key countries covered | USA, Germany, France, Italy, Canada, The UK, Spain, China, India, Australia |
| Key Segments Covered | Type, Type of Taps, Product Type, Application, Region |
| Key Companies Profiled | Krones AG; ZIEMANN International GmbH; Koruntec International GmbH; 3M Europe; Criveller; JBT Corporation; Alfa Laval AB; Robert Bosch GmbH; Parker Hannifin |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics, Challenges, and Strategic Growth Initiatives |
The global commercial beer tap system market size is assessed to be USD 11,347.2 Million in 2023.
Between 2023 and 2033, demand for commercial beer tap systems is expected to rise at a CAGR of 4.8%.
The global commercial beer tap system industry is forecast to surpass a valuation of USD 2,153.0 Million by the end of 2033.
The US, China, Canada, Germany, China, India, the UK, and Australia are the major countries driving demand for commercial beer tap systems.
China’s commercial beer tap system industry is projected to grow at a CAGR of around 6.3% over the next ten years.
Germany holds around 22.2% market share of the global commercial beer tap system industry.
Krones AG, ZIEMANN International GmbH, Koruntec International GmbH, 3M Europe, Criveller, JBT Corporation, Alfa Laval AB, Robert Bosch GmbH, and Parker Hannifin are the top players operating in this market space.
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Commercial Beer Tap System Market
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