Global Alcoholic Drinks Packaging Market - Expected to Reach USD 34.14 billion by 2022
DUBLIN, September 15, 2017 /PRNewswire/ --
The "Global Alcoholic Drinks Packaging Market - By Material , Products, Geography, Trends, Forecast - 2017 - 2022" report has been added to Research and Markets' offering.
Alcoholic drinks consumption is witnessing high growth and is directly influencing the alcoholic drinks packaging market. Alcoholic drinks packaging market continues to witness high growth with Increase in consumer spending towards recreational activities and rising social acceptance of alcoholic drinks leading to a sustained increase in the demand for alcoholic drink product. The drinking culture and special activities like Octoberfest has further spurred up the demand for alcoholic drinks.
The alcoholic drinks packaging market is expected to reach USD 34.14 billion by 2022 at a CAGR of 4.9% from an estimate of USD 26.30 billion in 2017. Packaging has played an important role, with a wide range of offerings by alcoholic drink manufacturers contributing to the market growth. Even though, glass is the major material used for packaging, plastic packaging for alcoholic beverages is also available in some of the developing countries. Apart from these, metal cans and PET bottles are also being used for alcoholic drinks packaging.
The social class differences like the ones between the upper-middle class, middle class and the rural population and the difference between their consumption patterns are driving the demand for packaging solutions. The demand for packaging solutions for different alcoholic drinks like wine, whiskey, beer, vodka and others will continue to witness growth in the near future. The robust retail market and improving economic activity in some of the major developing countries and North America will drive the consumption of alcoholic drinks.
Companies Mentioned:
- Amcor Ltd.
- Mondi PLC
- Ball Corporation
- Rexam PLC
- Saint Gobain S.A.
- Tetra Laval
- Crown Holdings Incorporated
- Sidel
- Krones AG
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Overview
6. Global Alchoholic drinks Packaging market- Segmentation by Primary Material
7. Global Alchoholic drinks Packaging market- Segmentation by Alchoholic products
8. Global Alchoholic drinks Packaging market- Segmentation by Product type
9. Competitive Analysis
10. Investment Analysis
11. Future of Global Alchoholic drinks Packaging market
For more information about this report visit https://www.researchandmarkets.com/research/lxwxv3/global_alcoholic
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Share this article