The global cider packaging market is projected to soar from US$ 3.04 billion in 2023 to an impressive US$ 5.1 billion by 2033, registering a consistent CAGR of 5.3% throughout the period.
In the cider sector, innovative packaging solutions are witnessing a surge in demand, with the growth of hard cider predominantly spearheaded by the millennial demographic. Additionally, the global market is experiencing a push due to rising preferences for secure packaging options. Factors such as the adoption of Western lifestyles and increasing urbanization further bolster market expansion during the forecast years.
Sustainability is rapidly emerging as a priority for numerous consumers when considering long-term strategies. As health consciousness grows among consumers, there’s a discernible tilt towards beverages with lower alcohol content. This inclination is enhancing the demand for cider and, consequently, its packaging market.
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Start-Up Ecosystem in the Global Market
Start-ups are surfacing in the global market and are coming up with emerging trends.
Conceived by the collaborative efforts of two visionary brothers, Gab and Rado, Opre is a natural dry cider that originated in Slovakia back in 2014. In those early days, the local cider culture was rather nascent, offering an intriguing challenge.
Driven by their passion for cider-making and inspired by the unique flavors they had savored from cider-producing regions across the globe, the brothers embarked on a quest to create something equally extraordinary. Their solid foundation in chemistry and their knack for craftsmanship served as invaluable assets in their endeavor.
Opre swiftly gained prominence as a premium cider brand, largely owing to the establishment of their dedicated cidery, which introduced a compelling local alternative to the ubiquitous imported, pasteurized, and sugar-laden beverages.
The visual identity and package designs of Opre were thoughtfully crafted by Eeter, perfectly complementing the brothers’ commitment to quality and authenticity. Their no-nonsense, straightforward communication style, coupled with meticulously hand-drawn illustrations, mirrors their dedication to the art and science of cider-making.
Drivers:
- Rising Cider Consumption: The growing popularity of cider as a beverage choice, often preferred by millennials and health-conscious consumers, is driving the demand for cider packaging.
- Innovation and Differentiation: Cider producers are constantly seeking innovative packaging solutions to differentiate their products in a competitive market. Unique and eye-catching packaging can attract consumers and increase brand visibility.
- Environmentally Friendly Packaging: Increasing consumer awareness about sustainability and environmental concerns is pushing cider producers to adopt eco-friendly packaging materials and practices. This trend can drive innovation and create opportunities in the market.
- Food Safety and Quality: Consumer demand for safe and high-quality food and beverage packaging is on the rise. Cider packaging must meet these standards, driving the need for secure and tamper-evident packaging solutions.
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Restraints:
- Regulatory Compliance: The cider packaging industry is subject to various regulations and standards, which can vary by region or country. Meeting these requirements can be complex and costly, impacting the packaging process.
- Health and Wellness Trends: While cider consumption is increasing, there is a concurrent trend toward lower-alcohol or alcohol-free beverages driven by health-conscious consumers. This trend may affect the sales and packaging of traditional alcoholic ciders.
- Competing Alternatives: The cider market faces competition from other alcoholic and non-alcoholic beverages. Packaging innovations in these segments can affect cider packaging market dynamics.
- Fluctuating Raw Material Costs: Changes in the cost of raw materials, such as packaging materials, can impact the profitability and pricing of cider packaging, potentially posing challenges to market growth.
Key players
- Amcor limited
- Ardagh Group
- Ball Corporation
- Crown Holdings
- Rexam Owens-Illinois
- Plastipak Packaging
- Silgan Holdings
- Consol Glass
- Vetropack
- Allied Glass Containers
- Can-Pack
- MeadWestvaco
- Nampak
Cider Packaging Market by Segmentation
By Material Type:
- Glass
- Plastic
- Metal
By Packaging Type:
- Bottles
- Cans
- Stand-Up Pouches
By End Use:
- Veterinary Pharmacies
- E-commerce
- Veterinary Clinics
- Veterinary Hospitals
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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