Alcohol packaging is a packaging of different types of alcohols using primary and secondary packaging. The demand for alcohol packaging is increasing due to rise in consumption of alcohol. Likewise, the increase in capital income of population has also resulted in an increase in number of alcohol consumers globally.
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The growth of the global alcohol packaging market is driven by its increasing demand from end-use industries, such as alcohol industry. In addition, emergence of new local players in this market and innovative packaging that increases the product appeal is expected to drive the growth of the global market.
Price fluctuation of raw materials required for manufacturing of plastic and stringent regulation toward the alcohol industry is expected to restrain the growth of the global alcohol packaging market. However, increase in growth of PET (Poly Ethylene Terephthalate) as packaging material and untapped emerging markets are anticipated to provide lucrative opportunities for the growth of the global market.
The alcohol packaging market is segmented based on material, packaging type, application, and region. On the basis of material, is the market is divided into metal, paper & paperboard, and glass & plastic. By packaging type, the market is segmented into primary packaging and secondary packaging. The primary packaging segment is further sub-segmented into cans, bag-in-box, liquid brick carton, growlers, pouches, and bottles. Likewise, the secondary packaging segment is classified into folding cartons, multipacks, and tubes & boxes. On the basis of application, the market is segmented into beer, spirits, ciders, wine, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key players operating in the market include Gerresheimer AG, Ball Corporation, Crown Holdings Inc., Smurfit Kappa Group, BA Glass Germany GmbH, Stora Enso Oyj, Berry Global Inc., WestRock LLC, Beatson Clark Ltd., and Amcor Limited. The other players in the value chain analysis (and not included in the report) include Nampak Ltd., Vidrala S.A., IntraPac International Corporation, and Beatson Clark Ltd.
Key Benefits for Alcohol Packaging Market:
- Porters five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
- The report outlines the current trends and future scenario of the alcohol packaging market from 2017 to 2025 to understand the prevailing opportunities and potential investment pockets.
- An in-depth analysis of the current R&D within the market is provided along with the key dynamic factors.
- The key drivers, restrains, and opportunities and their detailed impact analysis are elucidated in the study.
- The profiles of the key players along with their key strategic developments are enlisted in the report.
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