Alcohol Packaging Market Share| COVID-19 Impact

[sagar]

Further, increasing standard of living is another factor detrimental to the ascension noted in the global Alcohol Packaging Market Share. Packaging of alcohol also offers strong brand visibility and increased brand promotion for manufacturers.

Segmentation

The global Alcohol Packaging Market Share is analyzed for various segments in the MRFR report. Such segmentation is carried out on the basis of material, packaging, application, and region. Based on material, the global Alcohol Packaging Market Share is segmented into metal, glass, plastic, and paper & paperboard. The glass segment is expected to hold the largest share of the global Alcohol Packaging Market Share over the forecast period. Glass is water-resistant, flexible in the shape, and has a chemical inertness. All these features of glass make it a more attractive packaging option, over other materials. Also, alcohol packed in glass lasts for a longer duration.

Based on packaging, the global Alcohol Packaging Market Share is segmented into primary packaging and secondary packaging. The primary packaging segment is further segmented into cans, bottles, bag-in-box, growlers, liquid brick cartons, and pouches. 

Based on application, the global Alcohol Packaging Market Share is segmented into wine, beer, wine, and spirits. Among these segments, the beer packaging segment spearheaded the global Alcohol Packaging Market Share at the beginning of the forecast period.

Regional Analysis

The global Alcohol Packaging Market Share is studied for the geographical segments of Europe, North America, Asia Pacific, and the Rest of the World. Among these regions, North America dictated the global Alcohol Packaging Market Share at the beginning of the forecast period. This can be accredited to the high standard of living of consumers and high consumption of premium alcohol-based beverages in the region. North America is followed by Europe, which is expected to hold the second-largest share of the global Alcohol Packaging Market Share, with Asia Pacific trailing right behind. Increasing levels of alcohol consumption, along with a high purchasing power of consumers is fostering the growth of the Alcohol Packaging Market Share in Europe. The US and Canada are expected to spearhead the country-specific Alcohol Packaging Market Share in North America during the forecast period.

Key Players

Some of the distinguished players in the global Alcohol Packaging Market Share, as mentioned in the MRFR analysis, include Ball Corporation (US), Crown Holdings, Inc. (US), Ardagh