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Beer Packaging Market Size

Report ID: GMI6756
Published Date: Sep 2023
Report Format: PDF

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Beer packaging Market Size

Beer Packaging Market was valued at USD 24.9 billion in 2023 and is anticipated to grow at a CAGR of 3.7% from 2024 and 2032. Beer manufacturers use packaging as a tool to differentiate their brands. Unique and eye-catching packaging designs can attract consumers and help a brand stand out on store shelves, contributing to increased demand for custom packaging solutions.

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Consumer preferences play a significant role in shaping the demand for beer packaging. Different demographics and regions may prefer various packaging formats, such as bottles, cans, or kegs. Craft beer enthusiasts, for example, often prefer bottles for their aesthetic appeal, while cans are popular for their portability and recyclability.

Beer Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Beer Packaging Market Size in 2023:	USD 24.9 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	3.7%
2032 Value Projection:	USD 34.6 Billion
Historical Data for:	2018 to 2032
No. of Pages:	150
Tables, Charts & Figures:	191
Segments covered:	Type, Material, Beer Type, Region
Growth Drivers:	Growing alcoholic beverages market Growing adult population Growing food service sector
Pitfalls & Challenges:	Regulatory Compliance Environmental Sustainability Highly competitive market

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The beer industry is subject to strict regulations and labeling requirements that can vary by region and change over time. Transitioning to more sustainable packaging materials and practices can be expensive, and there can be resistance to change within the industry. The beer market is highly competitive, with a wide range of breweries vying for consumer attention.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for beer packaging was worth USD 24.9 billion in 2023 and is estimated to reach USD 34.6 billion by 203,2 due to the rising preference for various packaging formats, such as bottles, cans, and kegs.

The glass material segment held 50% share of the beer packaging industry in 2022 owing to advantages, such as classic and premium appearance.

Demand for beer packaging in the U.S. reached USD 6.1 billion in 2022 and will expand at significant pace from 2023-2032 driven by the rising preference for craft breweries.

Some of the key beer packaging business players include Amcor plc, Ball Corporation, Crown Holdings, Inc., Ardagh Group, Owens-Illinois, Inc. (OI), WestRock Company, Graphic Packaging International, LLC, Multi Packaging Solutions (MPS), Berlin Packaging, and CCL Industries Inc.