Market Size of APAC Alcoholic Drinks Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 17.38 Billion |
| Market Size (2029) | USD 23.06 Billion |
| CAGR (2024 - 2029) | 6.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Alcoholic Drinks Packaging Market Analysis
The APAC Alcoholic Drinks Packaging Market size is estimated at USD 17.38 billion in 2024, and is expected to reach USD 23.06 billion by 2029, growing at a CAGR of 6.30% during the forecast period (2024-2029).
• The demand for bottles and cans in beverage packaging is expected to grow as alcoholic beverage consumption rises in the region. Bottles and cans are more convenient to transport and store, making them popular among customers. Due to these factors, the demand for bottles in the Asia-Pacific alcoholic drinks packaging market is expected to increase.
• Packaging has been essential in market expansion, with alcoholic beverage makers offering diverse products. Consumer expenditure on recreational activities has increased, as has societal acceptability, resulting in a steady increase in demand for alcoholic drink goods, impacting the packaging industry.
• Glass has emerged as one of the fastest-growing alcohol packaging materials due to its recyclability, reusability, and neutral reactivity. Also, the rising popularity of metal cans drives the alcohol packaging market. Metal cans are packaging containers for storing and distributing alcoholic beverages. Its strength and stiffness make filling cans faster and easier without losing alcohol.
• Furthermore, various factors influence the alcohol market in the region, including festivities, urbanization, women's empowerment, rising numbers of young people who tend to socialize, etc, push the market growth. Moreover, a lot of growth from new alcoholic drinks categories like light beer, wines, light alcoholic beverages, liqueurs, and single malts also pushed the packaging market in the region over the forecast period.
APAC Alcoholic Drinks Packaging Industry Segmentation
Alcoholic drink packaging plays a significant role in the marketing, protecting, and transporting of alcoholic beverages. The packaging of alcoholic drinks can vary greatly depending on the type of beverage, brand, and market.
The Asia-Pacific Alcoholic Drinks Packaging Market is Segmented by Material Type (plastic, paperboard, metal, and glass), by product type (bottles, cans, pouches, cartons, and other product types), and by country (China, India, Japan, Singapore, Australia, and New Zealand, and Rest of Asia Pacific). The market sizes and forecasts are provided in terms of value in (USD) for all the above segments.
| By Material | |
| Plastic | |
| Paper | |
| Metal | |
| Glass |
| By Product Type | |
| Bottles | |
| Cans | |
| Pouches | |
| Carton |
| By Country*** | |
| China | |
| India | |
| Japan | |
| Singapore | |
| Australia and New Zealand |
APAC Alcoholic Drinks Packaging Market Size Summary
The Asia-Pacific alcoholic drinks packaging market is experiencing significant growth, driven by increasing consumption of alcoholic beverages and the rising demand for convenient packaging solutions like bottles and cans. These packaging types are favored for their transportability and storage ease, contributing to their popularity among consumers. The market is further bolstered by the expanding variety of alcoholic products offered by manufacturers, supported by greater consumer spending on leisure activities and broader societal acceptance of alcohol consumption. Glass and metal cans are particularly notable in this market, with glass being favored for its recyclability and metal cans gaining traction due to their ability to preserve beverage quality and freshness. The shift towards these materials aligns with the region's sustainability goals, as companies invest in eco-friendly packaging solutions to meet growing environmental concerns.
The market landscape is characterized by the presence of major players such as Amcor Group GmbH, Crown Holdings, Inc., and Ball Corporation, who are actively expanding their operations and product offerings. The segmentation of the market includes various materials like plastic, paper, glass, and metal, with products ranging from bottles and cans to pouches and cartons. The market's growth is influenced by factors such as urbanization, festivities, and the empowerment of women, which drive the demand for new alcoholic beverage categories. Additionally, the increasing popularity of gluten-free beers and innovative packaging solutions, such as canned nitro stouts, reflects the dynamic nature of the market. Strategic initiatives by key players, including acquisitions and the introduction of sustainable packaging options, further underscore the market's potential for expansion in the coming years.
APAC Alcoholic Drinks Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Force Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Plastic
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2.1.2 Paper
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2.1.3 Metal
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2.1.4 Glass
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2.2 By Product Type
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2.2.1 Bottles
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2.2.2 Cans
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2.2.3 Pouches
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2.2.4 Carton
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2.3 By Country***
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2.3.1 China
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2.3.2 India
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2.3.3 Japan
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2.3.4 Singapore
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2.3.5 Australia and New Zealand
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APAC Alcoholic Drinks Packaging Market Size FAQs
How big is the APAC Alcoholic Drinks Packaging Market?
The APAC Alcoholic Drinks Packaging Market size is expected to reach USD 17.38 billion in 2024 and grow at a CAGR of 6.30% to reach USD 23.06 billion by 2029.
What is the current APAC Alcoholic Drinks Packaging Market size?
In 2024, the APAC Alcoholic Drinks Packaging Market size is expected to reach USD 17.38 billion.
