Alcohol Packaging Market Size, Application Potential, By Product, 2018-2025

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Alcohol Packaging Market to Witness A Phenomenal
Growth over 2018 to 2025
Alcohol Packaging Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany,
UK, France, Spain, Italy, Japan, India, China,
Australia, Brazil, Mexico, Saudi Arabia, South
Africa), Application Development Potential, Price
Trends, Competitive Market Share Forecast, 2018
2025
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• Alcohol Packaging Market size is forecast to
  witness a high growth rate by 2025 owing to the
  increasing consumption of liquor beverages around
  the globe.
• Increasing urbanization coupled with rising
  per-capita income of the consumer in developing
  nations including India is likely to increase the
  alcohol production which further made a
  significant contribution to soaring profit of the
  alcohol packaging market.
• The liquor industry is one of the most gainful
  market around the globe. It generated a revenue
  of about USD 1.4 trillion in 2015 and will grow
  at a substantial rate during the forecast time
  spell.
• This industry will also witnesses shifting of
  sales from western countries to emerging market
  including Africa and Asia Pacific. For instance,
  in 2015, the alcohol consumption per capita in
  Australia and U.S. was around 12.6 and 9 liters
  respectively.
• High volume of liquor beverages along with
  shifting consumption patterns towards developing
  nation will drive the liquor beverage demand.
  This will further create a positive influence on
  alcohol packaging market in next seven years down
  the line.
• The constant launch of different flavored
  alcoholic beverages will increase the liquor
  consumption which will foster the alcohol
  packaging demand by the end of 2025.

Global Market Scenario of Alcohol Packaging
Market
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• Product Analysis-
• Based on packing material, the alcohol packaging
  market can be segmented as glass, metal, plastic,
  paper paperboard. The glass segment will lead
  the product market owing to 100 recyclability
  and maintain the product quality. In 2016, The
  Wine Institute of America produce more than 4.7
  billion wine bottles in the U.S. Moreover,
  growing beer industry in Europe will foster the
  glass packaging segment. Metal packing segment
  will also hold the substantial market share owing
  to its light weight with high mechanical strength
  which act as a barrier against air and water
  hence, preserve the beverage quality.
• Regional Trends-
• Asia Pacific emerge as the fastest growing region
  which is majorly driven by the rising population
  and growing living standards in India, and China,
  which will favor the growth of alcoholic
  beverages consumption. Europe may hold a major
  chunk in the product segment, because the liquor
  market in this region valued approximately USD
  480 billion in 2015. This will further increase
  the demand of alcohol packaging in next seven
  years.

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• Competitive Trends
• The major players of the alcohol packaging market
  are Ball Corporation, Amcor limited, Smurfit
  Kappa Group, Owens Illinois Inc., Ardagh Group
  S.A., DS Smith Plc, WestRock LLC, Vidrala S.A.,
  Mondi PLC, Crown Holding Incorporation, Bemis
  Company Inc., Krones AG, Tetra Laval,
  Gerresheimer AG, and Stora Enso Ojy.

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