The Beer Packaging Global Market Report 2023, provides comprehensive information on the beer packaging market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/beer-packaging-global-market-report
The global beer packaging market size is expected to grow from $9.32 billion in 2022 to $9.75 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global beer packaging market size is expected to reach $11.21 billion in 2027 at a CAGR of 3.5%.
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Product innovation is a key trend gaining popularity in the beer packaging market. Major market players are concentrating their efforts on creating innovative products such as smart packaging, biodegradable packaging, oxygen scavengers, digital printing, and tamper-evident seals to strengthen their position in the market. Biodegradable packaging refers to a type of packaging that naturally dissolves and disintegrates. It is made from materials like paper, corn-starch, and bioplastics and is becoming more popular in beer packaging. For instance, in March 2021, Corona, a Belgium-based company, launched biodegradable packaging made from barley by-products. Corona rolled out biodegradable six-pack holders made from barley waste created in the beer-making process, which is sustainable packaging and environmentally friendly.
The beer packaging market is segmented:
1) By Packaging Type: Bottle, Keg, Can
2) By Packaging Material: Glass, Metal, Polyethylene Terephthalate (PET)
3) By Form: 12-PACK, 4-PACK, 6-PACK
North America was the largest region in the beer packaging market in 2022.
The table of contents in TBRC’s beer packaging market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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