The Alcohol Packaging Market size was USD 75.37 billion in 2023 and is expected to Reach USD 108.01 billion by 2031 and grow at a CAGR of 4.6 % over the forecast period of 2024-2031.
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.
Get More Information on Alcohol Packaging Market - Request Sample Report
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.
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.
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.
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.
By Raw Material
Glass
Paper
Plastic
Metal
Paperboard
By Packaging
Primary
Secondary
By End Use
Beer
Wine
Spirits
Others
Get Customized Report as per your Business Requirement - Request For Customized Report
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.
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
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.
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 $413 million. In the municipality of Palmar de Varela, in Colombia's northern region, Bavaria, AB InBev's brewer, will build a new brewery.
| Report Attributes | Details |
| Market Size in 2023 | US$ 75.37 Bn |
| Market Size by 2031 | US$ 108.01 Bn |
| CAGR | CAGR of 4.6% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2021 |
| 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 |
Ans: The Alcohol Packaging Market is expected to grow at a CAGR of 4.6 % over the forecast period of 2023-2030.
Ans: The Alcohol Packaging Market size was USD 72.06 billion in 2022 and is expected to Reach USD 103.27 billion by 2030.
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
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
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.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Tube Packaging Market size was USD 10.86 billion in 2022 and is expected to Reach USD 17.32 billion by 2030 and grow at a CAGR of 6% over the forecast period of 2023-2030.
The Tamper-proof packaging Market is experiencing substantial growth on a global scale, driven by heightened consumer awareness regarding product safety, stringent regulations mandating tamper-evident features, and its expanding use across diverse industr
The Flexible Plastic Packaging Market size was USD 204.50 billion in 2023 and is expected to reach USD 536.01 billion by 2031 and grow at a CAGR of 12.8 % over the forecast period of 2024-2031.
The Sachet Packaging Market size was USD 8.65 billion in 2023 and is expected to Reach USD 13.27 billion by 2031 and grow at a CAGR of 5.5% over the forecast period of 2024-2031.
Metalized Flexible Packaging Market size was USD 4.5 billion in 2022 and is expected to Reach USD 6.62 billion by 2030 and grow at a CAGR of 4.85 % over the forecast period of 2023-2030.
The Aluminum Foil Packaging Market size was USD 31.20 billion in 2022 and is expected to Reach USD 43.69 billion by 2030 and grow at a CAGR of 4.3 % over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
