The global glass growlers market is expected to be valued at US$ 9.4 Billion in 2032 and US$ 6.2 Billion in 2022. As per Future Market Insights (FMI), the market is projected to exhibit steady growth at a CAGR of 3.2% in the forecast period from 2022 to 2032.As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Glass Growlers market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Glass Growlers in the coming 10-years.
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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Glass Growlers
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Glass Growlers market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
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Key Glass Growlers Market Takeaways and Projections
- The U.S. is expected to lead the North America Glass Growlers market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.
- On the basis of (segment type), (Segment name) is projected to hold the maximum share in the market, expanding at a remarkable CAGR during the coming decade.
Report Benefits & Key Questions Answered
- Glass Growlers Historical Market Analysis: The detailed survey by FMI, examines key factors in the Glass Growlers market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Glass Growlers market for the forecast period 2022-2032.
- Glass Growlers Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments including (segment 1), (segment 2), and (segment 3). It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
- Glass Growlers Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Glass Growlers for the assessment period. As per the study, the demand for Glass Growlers will grow at a robust CAGR between 2022 and 2032.
- Glass Growlers Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Glass Growlers It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
- Glass Growlers Market Trend Analysis: The latest study by FMI on the Glass Growlers market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Glass Growlers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
Some of the renowned companies present in the global glass growlers market include 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.
Key Segments Profiled in the Glass Growlers Industry Survey
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
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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