Global Spirits Packaging Market, By Product (Bottles, Stand-Up Pouches, Cans, Others) By Application

Published Date: | Report Code : PK1958364

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Global Spirits Packaging Market, By Product (Bottles, Stand-Up Pouches, Cans, Others) By Application (Wine Manufacturer, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2025)

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Domain : Packaging

Report Code : PK1958364

Status : Upcoming

The Spirits Packaging Market growth is expected to gain high momentum during the forecast period due to the increasing consumption of alcohol. Spirits can be defined as distilled alcoholic beverages. It is generally manufactured through the distillation process. Spirits packaging plays a vital role in driving spirits purchases as the packaging itself assists in building brand equity and protects the products from outside elements.

Segment Analysis

The global spirits packaging market is segmented into product type and application

On the basis of product type, it is segmented into bottles, stand-up pouches, cans, and others. There has been significant growth in the usage of these bottles, stand up pouches, cans, etc due to their lightweight advantages, reduced carbon footprint, sustainability, reduced shipping, and transportation costs. Also, the increasing demand for innovative & safe packaging and rising disposable income have also positively impacted the market.

By application, it is segregated into wine manufacture and others. Spirit packaging is most widely used to manufacture wines. The changing lifestyle and increasing disposable income of people are the major factors influencing the growth of this segment.Stringent government regulations and the ban on alcohol advertising may limit the spirits market growth, which in turn will restrict the demand for containers utilized in its packaging. However, the growing demand for specialty spirits from emerging & developed economies and technological advancements in packaging techniques to attract consumers will provide growth opportunities for the spirits packaging market expansion.

Key Factors Impacting Market Growth:
    • Increasing consumption of alcohol
    • It assists in building brand equity and protects the products from outside elements.

Regional Analysis:

The spirits packaging market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for spirits packaging market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of spirits packaging market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for spirits packaging market in this region. 

Major industry applications in these regions are food & agriculture, consumer durable, home & personal care, pharmaceuticals, retails, and others. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for spirits packaging market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered:  AstraPouch, Big Sky Packaging, Hartness International Inc., Hunter Sourcing, LiDestri Spirits, Neenah Paper Inc.,Saxco International, LLC, Saxon Packaging Ltd., Stranger & Stranger, United Bottles & Packaging.

Market Segmentation:
By Product Type:
    • Bottles
    • Stand-Up Pouches
    • Cans
    • Others

By Application:
    • Wine Manufacturer
    • Others

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Application
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Application
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Application
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
        ◦ By Type
        ◦ By Application
    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Type
        ◦ By Application

Reasons to Buy This Report:
    • Market size estimation of the Global Spirits Packaging 
 on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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