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Alcohol Packaging Market Report Scope & Overview:

Alcohol Packaging Market,Revenue Analysis

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The Alcohol Packaging Market size was USD 75.37 billion in 2023 and is expected to Reach USD 112.97 billion by 2032 and grow at a CAGR of 4.6 % over the forecast period of 2024-2032.

Alcohol packaging is the use of primary and secondary packaging to package various types of alcohol. The rise in alcohol consumption has increased the demand for alcohol packaging. Global alcohol consumption has increased in tandem with rising levels of capital income among the populace.

Increased demand from end-user industries, including the alcohol industry, is what is fuelling the growth of the global market for alcohol packaging. Additionally, the entry of fresh local competitors into this market and creative packaging that enhances product appeal is anticipated to fuel market expansion internationally.

Global alcohol packaging market growth is anticipated to be constrained by price fluctuations for the raw materials used to make plastic and strict regulations aimed at the alcohol industry.

Recent research studies have shown that consuming good-quality alcohol in moderation may reduce the risk of kidney stones and other health problems. For instance, beer is a low-calorie, carbohydrate, that also contains several vitamins, proteins, and natural antioxidants. These nutritional benefits support muscle recovery and the prevention of cardiovascular diseases (CVDs).

Additionally, it raises levels of HDL and lowers cholesterol. Increased consumption of premium alcoholic beverages is therefore anticipated as a result of growing awareness of these benefits, which will accelerate market expansion. Additionally, it is anticipated that corporate culture will have an impact on consumer demand for these drinks, driving the market.

The introduction of innovative and appealing packaging options for alcoholic beverages, such as ceramic glass bottles, and whiskey pouches, will also support market growth. Additionally, extensive R&D to introduce green packaging materials in response to growing environmental concerns will help in market growth.

MARKET DYNAMICS

KEY DRIVERS:

  • Rising consumption of alcoholic beverages is expanding the packaging market.

The rising development in emerging economies such as India and China and also due to an increase in disposable income is leading to the growth of the alcohol packaging market.

  • Rising demand for craft beer will create more demand for the alcohol packaging market.

RESTRAIN:

  • Fluctuating prices of raw materials

The increase in the cost of raw materials used in packaging is restraining the growth of the market. This is affecting the production cost.

  • Use of hazardous and non-biodegradable substitutes for sustainable packaging material.

OPPORTUNITY:

  • Advancements in packaging materials

The use of new packaging solutions such as ceramic glass bottles, and whiskey pouches, will help in the growth of the market. More Research & Development on packaging material which can be sustainable and environment friendly.

  • Rise of e-commerce businesses in emerging economies will give a boost to the packaging market.

CHALLENGES:

  • Increasing Consumer awareness of the side effects of alcohol consumption

Consumers are getting aware of the side effects of alcohol consumption. The government is also supporting the campaigns against alcohol consumption. This will affect the growth of the alcohol packaging market.

  • Use of non-biodegradable products for packaging.

IMPACT OF RUSSIAN UKRAINE WAR

Consumer spending in Russia, which made up 48% of its GDP in 2022, fell precipitously. Consumers are being compelled to modify their buying habits and switch to less expensive options as a result of declining incomes. Increased emigration is a result of freedom restrictions, rising inflation, declining disposable incomes, and rising unemployment.

Leading international corporations, who previously saw Russia as a target market for further expansion, are now curtailing or terminating their presence in the nation. Russian industries are suffering greatly from spillover effects, in addition to assortment restrictions brought on by import and production suspensions by significant international players. Significant price increases for imported beverages were met by exploding local substitutes. Permanent price reductions are stopped as a practice. This circumstance has also hampered foreign market participants who chose to remain in Russia and rely on imported resources.

Logistics challenges and issues with international payments have caused delays and stockouts, which have raised prices. Production and distribution locally are also being hampered by shortages of imported equipment, packaging materials, and ingredients. Metal screw closures are predicted to replace corks in the wine industry. The government, businesses, and retailers have tried to create new schemes for import possibilities, but logistical challenges have caused prices to rise even more. Retailers and producers are burdened by state-mandated price controls for necessities because they have tried to maintain margins by lowering packaging size or quality.

IMPACT OF ONGOING RECESSION

Alcoholic beverage consumption in the U.S. has demonstrated little correlation with economic expansion. Volumes appear to be more significantly influenced by the general trend in alcoholic beverage consumption per capita than by the state of the economy. However, during a recession, consumers are more likely to switch to less expensive goods and drinks at home because it is less expensive than doing so out at a bar or restaurant.

For advanced economies such as the U.S., the amount of money spent on alcoholic beverages has decreased as households' incomes have increased. Looking at food spending is similar to the decline in the percentage of expenditures on alcohol. In the U.S., beer and alcoholic beverages are regarded as affordable luxuries or even necessities.

However, demand in emerging markets is more variable and is influenced by economic expansion. Furthermore, the affordability of imported alcoholic beverages may be impacted by a weak local currency.

KEY MARKET SEGMENTS

By Raw Material

  • Glass

  • Paper

  • Plastic

  • Metal

  • Paperboard

By Packaging

  • Primary

  • Secondary

By End Use

  • Beer

  • Wine

  • Spirits

  • Others

REGIONAL ANALYSIS

The North American region holds the largest market share in the global market due to the presence of nations like the US, Canada, and Mexico, which have high standards of living and growing disposable income, which increases demand in this region.

The European region holds the second-largest market share as a result of its well-established, technologically advanced infrastructure, which necessitates the need for more advanced packaging and, consequently, expands its growth prospects.

Because of the presence of highly populous nations like China, India, and Japan, along with other countries like the United States, this region holds the third largest market share in the global market. Another element driving market demand is rising commercial and residential development.

Latin America and the Middle East and Africa have the smallest market shares because of their underdeveloped infrastructure. Another factor that is limiting market growth is the low per capita income.

Alcohol-Packaging-Market-Regional-Share

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REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe

Asia-Pacific

  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of the Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin American

Key Players:

Some of the major players in the Alcohol Packaging Market are Brick Packaging LLC, Encore Glass, United Bottles & Packaging, Tetra Pak International S.A, Crown Holdings Inc, Ball Corp, Orora Packaging Australia Pty Ltd, Vetreria Etrusca S.p.A, Creative Glass, Owens-Illinois (O-I) Inc, and other players.

RECENT DEVELOPMENT

  • Carlsberg, Brewery expansion is funded by Carlsberg at Falkenberg in Sweden. According to Carlsberg, the plant will receive investments to boost capacity and efficiency.

  • Waitrose, a UK retailer, has begun selling wine bottles without plastic sleeves and foil neck bands to reduce the amount of packaging.  

  • AB InBev, in a new brewery in Colombia, AB InBev commits $413 million. In the municipality of Palmar de Varela, in Colombia's northern region, Bavaria, AB InBev's brewer, will build a new brewery.

Alcohol Packaging Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 75.37 Bn
Market Size by 2032  US$ 112.97 Bn
CAGR   CAGR of 4.6% From 2024 to 2032
Base Year  2023
Forecast Period  2024-2032
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Raw Material (Glass, Paper, Plastic, Metal, Paperboard)
• By Packaging (Primary, Secondary)
• By End Use (Beer, Wine, Spirits, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Brick Packaging LLC, Encore Glass, United Bottles & Packaging, Tetra Pak International S.A, Crown Holdings Inc, Ball Corp, Orora Packaging Australia Pty Ltd, Vetreria Etrusca S.p.A, Creative Glass, Owens-Illinois (O-I) Inc
Key Drivers • Rising consumption of alcoholic beverages is expanding the packaging market.
Market Opportunities • Advancements in packaging materials

 

Frequently Asked Questions

Ans: The Alcohol Packaging Market is expected to grow at a CAGR of 4.6 % over the forecast period of 2024-2032.

Ans: The Alcohol Packaging Market size was USD 75.37 billion in 2023 and is expected to Reach USD 112.97 billion by 2032.

Ans: Rising consumption of alcoholic beverages is expanding the packaging market.

Ans: Fluctuating prices of raw materials and the use of hazardous and non-biodegradable substitutes for sustainable packaging material are restraining the growth of the alcohol packaging market.

Ans: The North American region holds the largest market share in the global market.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Global Alcohol Packaging Market Segmentation, By Raw Material
8.1 Glass
8.2 Paper
8.3 Plastic
8.4 Metal
8.5 Paperboard

9. Global Alcohol Packaging Market Segmentation, By Packaging
9.1 Primary
9.2 Secondary

10. Global Alcohol Packaging Market Segmentation, By End Use
10.1 Beer
10.2 Wine
10.3 Spirits
10.4 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Alcohol Packaging Market by Country
11.2.2North America Alcohol Packaging Market by Raw Material
11.2.3 North America Alcohol Packaging Market by Packaging
11.2.4 North America Alcohol Packaging Market by End Use
11.2.6 USA
11.2.6.1 USA Alcohol Packaging Market by Raw Material
11.2.6.2 USA Alcohol Packaging Market by Packaging
11.2.6.3 USA Alcohol Packaging Market by End Use
11.2.7 Canada
11.2.7.1 Canada Alcohol Packaging Market by Raw Material
11.2.7.2 Canada Alcohol Packaging Market by Packaging
11.2.7.3 Canada Alcohol Packaging Market by End Use
11.2.8 Mexico
11.2.8.1 Mexico Alcohol Packaging Market by Raw Material
11.2.8.2 Mexico Alcohol Packaging Market by Packaging
11.2.8.3 Mexico Alcohol Packaging Market by End Use
11.3 Europe
11.3.1 Europe Alcohol Packaging Market by Country
11.3.2 Europe Alcohol Packaging Market by Raw Material
11.3.3 Europe Alcohol Packaging Market by Packaging
11.3.4 Europe Alcohol Packaging Market by End Use
11.3.6 Germany
11.3.6.1 Germany Alcohol Packaging Market by Raw Material
11.3.6.2 Germany Alcohol Packaging Market by Packaging
11.3.6.3 Germany Alcohol Packaging Market by End Use
11.3.7 UK
11.3.7.1 UK Alcohol Packaging Market by Raw Material
11.3.7.2 UK Alcohol Packaging Market by Packaging
11.3.7.3 UK Alcohol Packaging Market by End Use
11.3.8 France
11.3.8.1 France Alcohol Packaging Market by Raw Material
11.3.8.2 France Alcohol Packaging Market by Packaging
11.3.8.3 France Alcohol Packaging Market by End Use
11.3.9 Italy
11.3.9.1 Italy Alcohol Packaging Market by Raw Material
11.3.9.2 Italy Alcohol Packaging Market by Packaging
11.3.9.3 Italy Alcohol Packaging Market by End Use
11.3.10 Spain
11.3.10.1 Spain Alcohol Packaging Market by Raw Material
11.3.10.2 Spain Alcohol Packaging Market by Packaging
11.3.10.3 Spain Alcohol Packaging Market by End Use
11.3.11 The Netherlands
11.3.11.1 Netherlands Alcohol Packaging Market by Raw Material
11.3.11.2 Netherlands Alcohol Packaging Market by Packaging
11.3.11.3 Netherlands Alcohol Packaging Market by End Use
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Alcohol Packaging Market by Raw Material
11.3.11.2 Rest of Europe Alcohol Packaging Market by Packaging
11.3.11.3 Rest of Europe Alcohol Packaging Market by End Use
11.4 Asia-Pacific
11.4.1 Asia Pacific Alcohol Packaging Market by Country
11.4.2 Asia Pacific Alcohol Packaging Market by Raw Material
11.4.3 Asia Pacific Alcohol Packaging Market by Packaging
11.4.4Asia Pacific Alcohol Packaging Market by End Use
11.4.6 Japan
11.4.6.1 Japan Alcohol Packaging Market by Raw Material
11.4.6.2 Japan Alcohol Packaging Market by Packaging
11.4.6.3 Japan Alcohol Packaging Market by End Use
11.4.7 South Korea
11.4.7.1 South Korea Alcohol Packaging Market by Raw Material
11.4.7.2 South Korea Alcohol Packaging Market by Packaging
11.4.7.3 South Korea Alcohol Packaging Market by End Use
11.4.8 China
11.4.8.1 China Alcohol Packaging Market by Raw Material
11.4.8.2 China Alcohol Packaging Market by Packaging
11.4.8.3 China Alcohol Packaging Market by End Use
11.4.9 India
11.4.9.1 India Alcohol Packaging Market by Raw Material
11.4.9.2 India Alcohol Packaging Market by Packaging
11.4.9.3 India Alcohol Packaging Market by End Use
11.4.10 Australia
11.4.10.1 Australia Alcohol Packaging Market by Raw Material
11.4.10.2 Australia Alcohol Packaging Market by Packaging
11.4.10.3 Australia Alcohol Packaging Market by End Use
11.4.11 Rest of Asia-Pacific
11.4.11.1 APAC Alcohol Packaging Market by Raw Material
11.4.11.2 APAC Alcohol Packaging Market by Packaging
11.4.11.3 APAC Alcohol Packaging Market by End Use
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Alcohol Packaging Market by Country
11.5.2 The Middle East & Africa Alcohol Packaging Market by Raw Material
11.5.3 The Middle East & Africa Alcohol Packaging Market by Packaging
11.5.4The Middle East & Africa Alcohol Packaging Market by End Use
11.5.6 Israel
11.5.6.1 Israel Alcohol Packaging Market by Raw Material
11.5.6.2 Israel Alcohol Packaging Market by Packaging
11.5.6.3 Israel Alcohol Packaging Market by End Use
11.5.7 UAE
11.5.7.1 UAE Alcohol Packaging Market by Raw Material
11.5.7.2 UAE Alcohol Packaging Market by Packaging
11.5.7.3 UAE Alcohol Packaging Market by End Use
11.5.8 South Africa
11.5.8.1 South Africa Alcohol Packaging Market by Raw Material
11.5.8.2 South Africa Alcohol Packaging Market by Packaging
11.5.8.3 South Africa Alcohol Packaging Market by End Use
11.5.9 Rest of Middle East & Africa
11.5.9.1 Rest of Middle East & Asia Alcohol Packaging Market by Raw Material
11.5.9.2 Rest of Middle East & Asia Alcohol Packaging Market by Packaging
11.5.9.3 Rest of Middle East & Asia Alcohol Packaging Market by End Use
11.6 Latin America
11.6.1 Latin America Alcohol Packaging Market by Country
11.6.2 Latin America Alcohol Packaging Market by Raw Material
11.6.3 Latin America Alcohol Packaging Market by Packaging
11.6.4 Latin America Alcohol Packaging Market by End Use
11.6.6 Brazil
11.6.6.1 Brazil Alcohol Packaging Market by Raw Material
11.6.6.2 Brazil Africa Alcohol Packaging Market by Packaging
11.6.6.3 Brazil Alcohol Packaging Market by End Use
11.6.7 Argentina
11.6.7.1 Argentina Alcohol Packaging Market by Raw Material
11.6.7.2 Argentina Alcohol Packaging Market by Packaging
11.6.7.3 Argentina Alcohol Packaging Market by End Use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Alcohol Packaging Market by Raw Material
11.6.8.2 Rest of Latin America Alcohol Packaging Market by Packaging
11.6.8.3 Rest of Latin America Alcohol Packaging Market by End Use

12 Company Profile
12.1 Brick Packaging LLC
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Encore Glass
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 United Bottles & Packaging
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Tetra Pak International S.A
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Crown Holdings Inc
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Ball Corp
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Arora Packaging Australia Pty Ltd
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Vetreria Etrusca S.p.A
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Creative Glass
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Owens-Illinois (O-I) Inc
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments

14. USE Cases and Best Practices

15. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

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Primary Research

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Data Bank Validation

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