The global Cider Packaging Market is set to expand significantly, with a projected growth from USD 3.04 billion in 2023 to USD 5.1 billion by 2033. This represents a compound annual growth rate (CAGR) of 5.3% during the forecast period. The increasing demand for innovative and sustainable packaging solutions in the cider industry, fueled by changing consumer preferences and market trends, is expected to drive this growth.
Hard cider has gained immense popularity, particularly among the millennial generation, which is helping to drive the demand for cider packaging. As consumers increasingly look for beverages with lower alcohol content, cider has emerged as a preferred choice, contributing to the growth of the cider packaging market.
The global market is also benefiting from the growing emphasis on safe packaging. As the demand for packaged beverages continues to rise, consumers are seeking more reliable and environmentally responsible packaging solutions. This has opened up a substantial opportunity for innovation within the cider packaging sector, as both strategic and financial investors are exploring various avenues in response to the market’s expanding potential.
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Sustainability is becoming a key focus for consumers, and many are now prioritizing eco-friendly packaging that aligns with their values. This shift is expected to further boost the global cider packaging market, especially as brands seek to meet these evolving demands.
Premium Cider Packaging Market: Key Insights and Trends
The cider packaging industry is witnessing transformative dynamics driven by evolving consumer preferences and technological advancements. One notable trend is the reduction in unit cider packaging sizes, which caters to growing consumer demand for convenience and creates new opportunities for increased consumption.
The presence of high-end brands like Woodchuck, Kopparberg, and Angry Orchard has elevated the market demand for premium-quality cider packaging. Consumers are increasingly associating premium packaging with better taste and quality. Additionally, factors such as rising disposable incomes, alcohol consumption as a status symbol, and the allure of luxury branding are pushing the demand for premium packaging solutions over economically priced alternatives.
The global cider packaging market is also benefitting from technological innovations, such as the adoption of water-based coating technologies. These coatings are gaining popularity as they are eco-friendly, odorless, tasteless, and help reduce the reliance on sprig powder.
Prominent Drivers of the Cider Packaging Market
- Growing Cider Consumption: Increasing global demand for cider as a preferred alcoholic beverage, driven by health-conscious consumers opting for low-alcohol content drinks, fuels the need for innovative and sustainable packaging solutions.
- Sustainable Packaging Trends: Rising consumer and regulatory focus on eco-friendly packaging has spurred the adoption of recyclable and biodegradable materials in cider packaging, enhancing its market appeal.
- Premiumization of Cider Products: The shift toward premium and craft ciders necessitates high-quality and aesthetically appealing packaging designs to attract discerning consumers and differentiate brands.
- E-commerce Expansion: The growth of online beverage retailing demands durable and visually appealing packaging that ensures safe transportation and enhances shelf presence in digital storefronts.
- Innovative Packaging Formats: The introduction of new formats such as cans, pouches, and customized glass bottles caters to convenience, portability, and evolving consumer preferences, boosting market growth.
Competition Landscape in the Global Market
The worldwide market is very competitive, prompting competitors to create novel items and fresh packaging tactics. Cider packaging vendors offer bottles with high barrier coating technology to extend shelf life and reduce saturation risks.
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
Recent development:
- To grow its operations in the Americas, USA-based packaging business Berlin Packaging has acquired Canadian glass bottle and closure distributor United Bottles & Packaging.
- Including packaging for spirits, wine, beer, and cider, United Bottles & Packaging provides bottles and closures for food and alcoholic and non-alcoholic beverages.
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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