Market Size of Beer Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Beer Packaging Market Analysis
The beer packaging market is expected to register a CAGR of 3.6% during the forecast period, 2021-2026. Over the last few years, the beer packaging industry has been riding a wave of popularity for innovative packaging solutions, a trend that is expected to impact the market significantly.
- The beer packaging industry has a direct relation with the beer manufacturing industry. During the past decade, due to the changing lifestyle trends and increasing affordability of beer across the globe, beer packaging has gained significant traction.
- The demand for various sizes of beer and its benefits, like one-time consumption, have made beer a preferred option for a wide range of consumers, thereby, driving the growth of the beer industry that drives the packaging market as well.
- With the growing consumption of craft beer across various regions, the beer packaging market is also witnessing a positive growth. Consumers are increasingly preferring craft beer brewed by both small and big breweries.
- On the contrary, consumer preference for wine might act as a challenge to the market. Owing to the increasing affordability of wine and liquor products, this shift is expected to continue, making more consumers shift toward these beverages.
Beer Packaging Industry Segmentation
Beer packaging is an extremely important process in the production, transport, and sale of this beverage. The bottling of beverages can be performed into glass bottles, PET bottles, and in cans.
By Packaging Material | |
Glass | |
Metal | |
PET |
By Packaging Type | |
Bottle | |
Keg | |
Can |
By Geography | ||||||
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Beer Packaging Market Size Summary
The beer packaging market is experiencing a steady growth trajectory, driven by the increasing demand for innovative packaging solutions and the rising consumption of craft beer. This growth is closely tied to the beer manufacturing industry, which has seen a surge in popularity due to changing lifestyle trends and the growing affordability of beer worldwide. The market benefits from the versatility of beer packaging, catering to a diverse consumer base that prefers various sizes and types of beer. However, the market faces challenges from shifting consumer preferences towards wine and other liquor products, which could impact its growth. Despite these challenges, the demand for beer packaging continues to rise, supported by the expanding craft beer segment and the need for effective packaging solutions that preserve the quality and freshness of the product.
Glass packaging is expected to dominate the beer packaging market due to its numerous advantages, such as reusability and superior protection against spoilage and UV rays. The Asia-Pacific region is a significant driver of market growth, fueled by cultural shifts, urbanization, and the increasing popularity of beer among younger consumers. The region's expanding population and rising disposable incomes are contributing to the adoption of premium beers, further boosting the packaging market. The competitive landscape of the beer packaging market is characterized by the presence of both international and domestic manufacturers, with key players like Amcor Limited, Ardagh Group SA, and Ball Corporation leading the charge. Recent industry developments, such as Crown Holdings' acquisition of Signode Industrial Group and Carlsberg's launch of the Snap Pack, highlight the ongoing innovation and strategic moves within the market.
Beer Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.3.1 Changing Consumer Preferences
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1.3.2 Innovative Packaging and Attractive Marketing
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1.4 Market Restraints
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1.4.1 Consumer Preference of Wine and Liquor Over Beer in a Few Regions
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1.5 Industry Value Chain Analysis
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1.6 Industry Attractiveness - Porter's Five Forces Analysis
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1.6.1 Threat of New Entrants
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1.6.2 Bargaining Power of Buyers/Consumers
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1.6.3 Bargaining Power of Suppliers
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1.6.4 Threat of Substitute Products
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1.6.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Packaging Material
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2.1.1 Glass
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2.1.2 Metal
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2.1.3 PET
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2.2 By Packaging Type
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2.2.1 Bottle
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2.2.2 Keg
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2.2.3 Can
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 Rest of Asia-Pacific
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2.3.4 Latin America
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2.3.4.1 Brazil
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2.3.4.2 Mexico
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2.3.4.3 Rest of Latin America
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2.3.5 Middle East & Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 United Arab Emirates
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2.3.5.3 South Africa
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2.3.5.4 Rest of Middle East & Africa
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Beer Packaging Market Size FAQs
What is the current Beer Packaging Market size?
The Beer Packaging Market is projected to register a CAGR of 3.60% during the forecast period (2024-2029)
Who are the key players in Beer Packaging Market?
Amcor Limited, Ardagh Group SA, Crown Holdings Incorporated, Ball Corporation and WestRock Company are the major companies operating in the Beer Packaging Market.