The global for beer kegs market had a total worth of USD 2.1 Billion in 2022 and is projected to attain USD 6.7 Billion by the year 2032. During the forecast period, it is anticipated to experience a compound annual growth rate (CAGR) of 5.1% in terms of revenue. The primary driver behind this revenue growth is the increasing worldwide demand for beer, particularly in emerging economies.
Among the various containers used in the commercial sector, beer kegs are the most commonly used, and their demand is on the rise as beer continues to gain popularity as an alcoholic beverage among consumers. Furthermore, the growth in revenue of the beer keg market can be attributed to changing consumer preferences, which are shifting towards premium and craft beer varieties.
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Top Companies:
· GrainCorp Beverages
· Thielmann US LLC
· Blefa GmbH
· Zhejiang Ningbo Long-Term Food Co., Ltd.
· Metal Container Corporation
· Schaefer Container Systems
· J. Gaston
· Cornelius Inc.
· Slimline Manufacturing Ltd.
· SCHÄFER Werke GmbH
Drivers of Beer Keg Market
· Craft Beer Boom: The craft beer industry has experienced significant growth in recent years, with many small and independent breweries producing unique and innovative beer flavors. This trend has driven demand for kegs as craft breweries package their products in kegs for distribution to bars, restaurants, and events.
· Draught Beer Popularity: Many consumers prefer the taste of draught beer over bottled or canned beer. This preference has led to an increased demand for kegs in bars, pubs, and restaurants, as well as for home kegerators.
· Environmental Considerations: Kegs are more environmentally friendly than single-use containers like bottles or cans. This sustainability factor has driven breweries and consumers to choose kegs as a more eco-conscious packaging option.
· Innovation in Keg Design: Manufacturers have been developing innovative keg designs, such as lightweight and stackable kegs, to improve logistics, reduce costs, and make kegs more user-friendly for customers.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
This report analyzes the Beer Keg market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Beer Keg market is provided to gain a deeper understanding of its growth and progress.
The global Beer Keg market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook:
- Stainless Steel
- Plastic
- Glass
- Others
Size Outlook:
- 20L & Below
- 20-50L
- Above 50L
End-Use Outlook:
- Bars & Pubs
- Hotels & Restaurants
- Household
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