US Alcoholic Beverages Co Packaging Market Size By Product(Bottles, Cans), By Materials(Glass, metal, plastic), By Application(Beers, Wines, Sprites), By Geographic Scope And Forecast

US Alcoholic Beverages Co Packaging Market Size And Forecast

US Alcoholic Beverages Co Packaging Market size was valued at USD 14.57 Million in 2020 and is projected to reach USD 19 Million by 2028, growing at a CAGR of 3.43% from 2021 to 2028.

Driver propelling the growth of alcoholic beverage packaging market are rising demand for low-alcohol-content beverages, adoption of PET beer bottles, and increased use of sustainable packaging. The US Alcoholic Beverages Co Packaging Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Alcoholic Beverages Co Packaging?

Think about how alcohol packaging does so much! It's not just about keeping the drinks safe, but also about making the brand stand out and grabbing the customer's attention. That impact on the consumer’s decision is huge! People often go for what's easy to open, right? When it comes to options, you've got everything from bag-in-a-tube to bag-in-box, whiskey pouches, and those fancy ceramic glass bottles. Some brands are even known for their unique packaging! And speaking of convenience, metal packaging is becoming super popular because it's so durable. Whether it's aluminum or steel, the key is making sure the alcohol and packaging get along chemically to keep the drink tasting great. Plus, you see metal cans all over for beer these days. Can packaging is on the rise because it's better at blocking light and air than glass, so your beer stays fresher, longer. Ultimately, metal cans and bottles are a favorite way to serve up drinks.

The rise in the number of single-person households has led to increased demand for single serve packs in alcoholic beverage packaging products. This preference for single serve packs fuels opportunities for brand switching, as consumers are not committed to consuming large volumes at a time but rather buy products regularly. Other major driver propelling the growth of alcoholic beverage packaging market are rising demand for low-alcohol-content beverages, adoption of PET beer bottles, and increased use of sustainable packaging. However, certain challenges restrict the growth of the U.S. alcoholic beverage packaging market.

US Alcoholic Beverages Co Packaging Market Overview

One thing really helping the market? People wanting those single-serve and multi-packs! With more and more people living alone, the demand for single-serve alcoholic drinks is way up. And get this – because people aren't buying huge amounts at once, they're more likely to try new brands, which is a big opportunity! But that's not allthe market's also growing because folks are loving low-alcohol drinks, PET beer bottles are getting popular, and everyone's trying to go green with sustainable packaging. In the U.S., we're seeing a cool trend with pouch packaging. It keeps drinks fresh, safe, and it's super convenient because it's small and light. Expect to see more and more of that! Plus, as people get more concerned about the environment and start buying eco-friendly stuff, it's a huge chance for those who make beverage packaging.

However, certain challenges restrict the growth of the U.S. alcoholic beverage packaging market. One such barrier is the fluctuation in energy costs. Other significant challenges restricting the growth of the market are variation in raw material costs and potential vertical integration of manufacturers.

US Alcoholic Beverages Co Packaging MarketSegmentation Analysis

The US Alcoholic Beverages Co Packaging Market is segmented on the basis of Product, Materials And Application.

US Alcoholic Beverages Co Packaging Market by Product

• Bottles
• Cans
• Others

Based on the Product, the US Alcoholic Beverages Co Packaging Market has been segmented into Bottles, Cans and Others. Bottles accounted for the largest market share of in 2020. Glass does not react with the chemicals found in drinks; therefore, it keeps the aroma, strength, and flavour of these beverages, making it a popular packaging option. As a result, glass bottles are used to transport the bulk of the beer volume, and this trend is expected to continue throughout the study period. These factors are projected to foster the demand of bottle packaging in the market.

US Alcoholic Beverages Co Packaging Market by Application

• Beers
• Wines
• Sprites
• Others

To Get Summarized Market Report By Application-

On the basis of Application, the US Alcoholic Beverages Co Packaging Market has been segmented into Beers, Wines, Sprites, and others. Beers accounted for the largest market share in 2020, with a market value of USD 5.90 Billion and is projected to grow during the forecast period. Beer packaging has gained substantial popularity in the last decade as a result of shifting lifestyle habits and growing beer affordability throughout the US.

US Alcoholic Beverages Co Packaging Market by Material

• Glass
• Metal
• Plastic
• Others

To Get Summarized Market Report By Material-

When we look at the materials used for packaging in the US alcoholic beverage market, we see it's broken down into glass, metal, plastic, and "others." In 2020, glass was the clear winner, holding a whopping 42.42% of the market, which translates to a value of USD 6.18 Billion! And it's expected to keep growing. Why is glass so popular? Well, shape retention is key for brands that want to stand out and get creative with their designs. Glass is super adaptable and holds its shape really well. Plus, with the demand for wine packaging on the rise in the US, glass is getting an extra boost. Importantly, glass doesn't react with its contents, preventing spoilage, making it a safe and reliable choice.

Key Players

The “US Alcoholic Beverages Co Packaging Market” study report will provide a valuable insight with an emphasis on the US market including some of the major players such as Big Brands, LLC, US Beverage Manufacturing, Stapleton-Spence Copackers, Proper Beverage Co, Tropical Bottling Corp, The California Spirits Company and others.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players

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Reasons to Purchase this Report

We dig deep into the market using both qualitative and quantitative analysis, segmenting it by everything from economics to social trends. You'll get clear market value data (in USD Billion) for every segment and sub-segment, plus we'll point out the region and segment poised for the most explosive growth – and who's likely to be on top. We break down each geographic area, looking at product/service consumption and the factors influencing the market in each place. Our competitive landscape section ranks the major players and highlights their key moves over the last five yearsnew service/product launches, partnerships, business expansions, and acquisitions. We also offer extensive company profiles, giving you a company overview, key insights, product benchmarking, and a SWOT analysis for the big players. Get a clear picture of the industry's present and future, including recent developments, growth opportunities, drivers, and the challenges facing both emerging and developed regions. We offer an in-depth analysis of the market through Porter’s five forces, along with valuable insights into the market's value chain. Finally, we present a market dynamics scenario, outlining growth opportunities for the years ahead, and we back it all up with 6 months of post-sales analyst support.

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