The global glass growlers market is anticipated to reach a valuation of US$ 6.4 billion in 2023, driven by rising craft beer culture. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 3.2% between 2023 and 2033, and reaching a total valuation of approximately US$ 8.7 billion by 2033.
In recent times, the craft beer sector has experienced a surge in both prominence and consumer interest, emerging as a vibrant subset within the larger alcoholic beverage market. Craft beer distinguishes itself through its production by small, independent breweries, prioritizing excellence in taste, flavor, and adherence to traditional brewing methods.
This trend owes its momentum to a growing consumer preference for distinct and flavorful brews, alongside a desire to champion local enterprises and eco-conscious practices. Consequently, craft beer has evolved into a dynamic force, captivating enthusiasts worldwide with its diverse offerings and commitment to artisanal craftsmanship.
Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-9313
Key Takeaways from the Market Study
- Global glass growlers market was valued at US$ 58.0 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 2.4%.
- North America is expected to hold a dominant CAGR of 3.1% during the forecast period.
- By sealing type, swing top segment is expected to constitute a CAGR of 3.1% in 2033.
- On the basis of sales channel, online sales segment is expected to dominate the market with a CAGR of 3.1% in 2033.
- From 2023 to 2033, glass growlers market is expected to flourish at a CAGR of 3.2%.
- By 2033, the market value of glass growlers is expected to reach US$ 8.7 billion.
Personalization and branding opportunities, across the globe, is a major factor that is expected to propel the growth of the glass growlers market in the near future, remarks an FMI analyst.
Competitive Landscape
Prominent players in the glass growlers market are Berlin Packaging, LLC, Ardagh Group, Owens-Illinois, Inc., Drink Tanks Corporation, Alpha Packaging, Portland Growlers Company, William Croxsons & Sons Limited, Global Glass Solutions, Orange Vessel Co., GrowlerWerks, Inc., and Boelter Companies, Inc., among others.
Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/9313
Recent Developments:
- In 2022, GrowlerWerks, Inc. announced the launch of its new GrowlerWerks G4 Growler. The G4 Growler is a stainless-steel growler that features a vacuum insulation system that helps to keep beer fresh for up to two weeks.
- In 2023, Global Glass Solutions announced the launch of its new line of glass growlers. The new line includes growlers in a variety of sizes and styles, including a growler with a built-in tap.
- In the same year, Portland Growlers Company announced the launch of its new online store. The store sells a variety of growlers, growler filling stations, and other beer-related products.
- In 2023, Boelter Companies, Inc. announced the launch of its new growler filling station. The growler filling station allows consumers to fill their growlers with fresh, cold beer from a variety of local breweries.
- In the same year, Drink Tanks Corporation announced the launch of its new line of stainless-steel growlers. The new line includes growlers in a variety of sizes and styles, including a growler with a built-in handle.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global glass growlers market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the glass growlers market, the market is segmented on the basis of sealing type (swing top, screw on, and others (gasket cap)), by product type (clear glass growlers, amber glass growlers, and green glass growlers), capacity (32 oz, 64 oz, 128 oz, others), and by sales channel (online sales, supermarket/hypermarket, independent stores, and breweries), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
Key Segments Profiled In The Global Glass Growlers Market
By Sealing Type:
- Swing Top
- Screw On
- Others (Gasket Cap)
By Product Type:
- Clear Glass Growlers
- Amber Glass Growlers
- Green Glass Growlers
By Capacity:
- 32 Oz
- 64 Oz
- 128 Oz
- Others
By Sales Channel:
- Online sales
- Supermarket/Hypermarket
- Independent Stores
- Breweries
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa (MEA)
About Future Market Insights Inc. (FMI)
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
