Global Beer Kegs Market expected to hit USD 73.89 Bn by 2030 from USD 55.4 Bn in 2023 at a CAGR of 4.2% during the forecast periodBeer Kegs Market Overview
Beer kegs are large containers specially designed for storing and dispensing beer, which are made up of stainless steel, plastic and aluminum. The increasing focus on sustainability of major Beer Kegs Manufacturers and government regulations and initiatives has been driving the adoption of stainless steel material in Beer Kegs Production. The increased consumption of beer across the world is expected to boost the Beer Kegs Market. Key players are holding the majority of the share in the Beer Kegs Market such as American Keg Company, LLC, The Metal Drum Company, Blefa GmbH and Ardagh Group S.A. The growing inflation and uncertainties in the raw material prices and geopolitical disputes are expected to impede the growth of the Beer Kegs Industry.To know about the Research Methodology :- Request Free Sample Report Beer Kegs Market Competitive Landscape The Metal Drum Company, Blefa GmbH, Ardagh Group S.A. and Shinhan Industrial Co, Ltd are some of the Beer Kegs Key Companies. The report includes the recent developments, mergers and acquisitions by the Beer Kegs Key Players for the benchmarking to assist new market entrants in the Beer Kegs Market. Recently, on May 04, 2023, Ardagh Glass Packaging partnered with Sprecher Brewing Company to supply locally-made glass beer and beverage bottles. The high-quality glass bottles provide premium shelf appeal and a vessel for locking in freshness to protect the taste and flavor of the beverage. These products are endlessly recyclable, and they are expected to go from the recycling bin to the store shelf in as little as 30 days. Glass beverage bottles preserve the true taste of the beer and deliver great shelf appeal and brand differentiation in a premium, sustainable package. These factors are expected to propel the growth of the Beer Kegs Market.
Beer Kegs Market Dynamics
Cost Efficiency, Sustainability and Flexibility Expected to Propel the Growth of Beer Kegs Market Beer kegs provide cost advantages for both breweries and consumers. For breweries, kegs offer a more cost-effective packaging solution compared to single-use bottles or cans, especially for larger production volumes. It is possible to reuse kegs several times which reduces packaging costs of Beer Kegs Manufacturers and waste. These Kegs provide an airtight and protected environment for the beer, preventing exposure to oxygen, light, and contaminants that are expected to degrade the flavor and aroma. The absence of light- and oxygen-induced spoilage allows breweries to deliver a consistently high-quality product to consumers, leading to a positive consumer experience and loyalty. These factors are expected to boost the Beer Kegs Market. Beer kegs offer dispensing flexibility, enabling establishments to serve a wide range of beer styles on tap. With kegs, bars and restaurants easily rotate their beer offerings, introducing new and seasonal brews to their customers. Also, the large customer base for beer is expected to drive the Beer Kegs Market. The rapid growth of the craft beer industry is expected to influence the Beer Keg Market. Craft breweries often prioritize draught beer sales and invest in kegging equipment to supply local bars and restaurants. The penetration of local bars and wine shop is higher across the world in every region. These are driving the demand for kegs that simultaneously drive the Beer Kegs Market. The Beer Kegs Key Manufacturers are focusing on the sustainable process of developing kegs to promote themselves due to the growing emphasis on sustainability worldwide. As the craft beer sector continues to expand globally, the demand for kegs is expected to rise, majorly driven by the unique and diverse beer offerings from these breweries. Consumers are seeking out unique and immersive experiences and this emerged as tourism, including trying new beers at establishments. This shift toward on-premise consumption drives the demand for beer kegs, as they are the primary dispensing method in such venues.Beer Kegs Market Trends
Increased Focus on Sustainable Practice by Key Manufacturers Rising awareness among consumers regarding the environmental impact of beer production and consumers preferring breweries that prioritize sustainability when crafting their beer. Brewers are started focusing on minimizing energy use, decreasing water consumption and using sustainable ingredients whenever possible. Many breweries are also taking steps to reduce waste by using packaging materials made from recycled materials or offering refillable bottles and kegs to customers. These trends are propelling the growth of the Beer Kegs Market. Expansion and Demand for Non-Alcoholic Beverages A large number of consumers across the world are choosing non-alcoholic beverages. This has been driving the Beer Kegs Manufacturers to expand their segment line for alcoholic and non-alcoholic beer. This is expected to create a lucrative opportunity for new entrants in Beer Kegs Manufacturing. Growing Emphasis on Specialty Flavors in Beers Beers and other alcoholic drinks are mostly known by their making quality and flavor. The beer flavor is also affected by the kegs material on account of it the use of the right equipment to keep the flavor unchanged has become a major focus in Beer Kegs Manufacturing. The major Beer Kegs Key Players adopting alternative materials and metal alloys such as stainless steel that become a popular choice among both homebrewers and commercial brewers. Uncertainties in Prices of Raw Materials at Global Trade and Disruptions Due to Pandemic Expected to Limit the Beer Kegs Market The fluctuations in the prices of raw materials at international trade used in beer kegs manufacturing and the economic downturns and inflation across the world are expected to impede the growth of the Beer Kegs Market. Also, there are several industries still struggling to get over the consequences of the pandemic and the disruptions that happened due to it. This has decreased on-premise beer consumption, which has resulted in decreased demand for kegs and is expected to limit the growth of the Beer Kegs Market. The report provides detailed information regarding drivers and restraints through SWOT analysis and PORTER’s five-force model.Beer Kegs Market Segment Analysis
Based on Material, The steel segment is expected to hold the largest revenue share of the Beer Kegs Market throughout the forecast period (2024-2030). Many Beer keg manufacturers considered stainless steel as environment-friendly. Steel is popular among kegs manufacturers since it requires less energy to make than cans and bottles, which reduces waste in the environment. All these factors are expected to help the steel segment grow in the Beer Kegs Market. There are still some manufacturers that use tin and plastic in Beer keg production. And these manufacturers hold some Beer Kegs Market revenue share in the material segment.Beer Kegs Market Regional Insights
North America held the largest share of the market in 2022 and is expected to grow significantly throughout the forecast period. The presence of major Beer Kegs Key Players in the United States is one of the major drivers of the North America Beer Kegs Market. According to the report, consumers in the U.S. aged 21 and older consumed approximately 26 gallons of beer and hard cider per person. In the United States, the legal drinking age is 21 and this population has been increasing steadily. Also, the technological revolution in the country and its applications in keg manufacturing and logistics make the manufacturing process more efficient and cost-effective. These factors are stimulating investors to invest in kegs manufacturing and drive the growth of the Beer Kegs Market. Asia Pacific is expected to grow in the Market at a significant rate during the forecast period. As per the MMR research, it is observed that China has consumed 9,533,441 gallons of beer, which is indicating a lucrative opportunity for Beer Kegs Key Players to increase their Beer Kegs Market Share by investing in these developing economies. This is expected to propel the growth of the Asia Pacific Beer Kegs Market.Beer Kegs Market Scope: Inquire Before Buying
Global Beer Kegs Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 55.4 Bn. Forecast Period 2024 to 2030 CAGR: 4.2% Market Size in 2030: US $ 73.89 Bn. Segments Covered: by Material Steel Plastic Others Beer Kegs Market, by Region:
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)Beer Kegs Key Players
1. American Keg Company, LLC 2. The Metal Drum Company 3. Blefa GmbH 4. Ardagh Group S.A. 5. Shinhan Industrial Co, Ltd 6. NDL Keg Inc. 7. Schaefer Container Systems 8. Julius Kleemann GmbH & Co KG 9. Ningbo BestFriends Beverage Containers Co. Ltd. 10. Petainer UK Holdings Ltd 11. The Metal Drum Company 12. THIELMANN 13. Supermonte Group 14. Kegco 15. Petainer 16. Sankey 17. Eurokeg 18. Micromatic 19. Beijing Batoo Tech Frequently Asked Questions: 1] What is the growth rate of the Market? Ans. The Market is growing at a CAGR of 4.2% during the forecast period. 2] Which region is expected to dominate the Market? Ans. North America is expected to dominate the Market during the forecast period from 2024 to 2030. 3] What is the expected Market Distribution Channel by 2030? Ans. The Distribution Channel of the Market by 2030 is expected to reach USD 73.89 Bn. 4] Who are the top players in the Market? Ans. The major key players in the Market are American Keg Company, LLC, The Metal Drum Company and Blefa GmbH, Ardagh Group S.A. 5] Which factors contributed to the growth of the Market in 2023? Ans. The Market is expected to grow due to the growing increased consumption and demand for beer.
1. Beer Kegs Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Beer Kegs Market: Dynamics 2.1. Beer Kegs Market Trends by Region 2.1.1. North America Beer Kegs Market Trends 2.1.2. Europe Beer Kegs Market Trends 2.1.3. Asia Pacific Beer Kegs Market Trends 2.1.4. Middle East and Africa Beer Kegs Market Trends 2.1.5. South America Beer Kegs Market Trends 2.2. Beer Kegs Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Beer Kegs Market Drivers 2.2.1.2. North America Beer Kegs Market Restraints 2.2.1.3. North America Beer Kegs Market Opportunities 2.2.1.4. North America Beer Kegs Market Challenges 2.2.2. Europe 2.2.2.1. Europe Beer Kegs Market Drivers 2.2.2.2. Europe Beer Kegs Market Restraints 2.2.2.3. Europe Beer Kegs Market Opportunities 2.2.2.4. Europe Beer Kegs Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Beer Kegs Market Drivers 2.2.3.2. Asia Pacific Beer Kegs Market Restraints 2.2.3.3. Asia Pacific Beer Kegs Market Opportunities 2.2.3.4. Asia Pacific Beer Kegs Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Beer Kegs Market Drivers 2.2.4.2. Middle East and Africa Beer Kegs Market Restraints 2.2.4.3. Middle East and Africa Beer Kegs Market Opportunities 2.2.4.4. Middle East and Africa Beer Kegs Market Challenges 2.2.5. South America 2.2.5.1. South America Beer Kegs Market Drivers 2.2.5.2. South America Beer Kegs Market Restraints 2.2.5.3. South America Beer Kegs Market Opportunities 2.2.5.4. South America Beer Kegs Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Beer Kegs Industry 2.8. Analysis of Government Schemes and Initiatives For Beer Kegs Industry 2.9. Beer Kegs Market Trade Analysis 2.10. The Global Pandemic Impact on Beer Kegs Market 3. Beer Kegs Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Beer Kegs Market Size and Forecast, by Material (2023-2030) 3.1.1. Steel 3.1.2. Plastic 3.1.3. Others Beer Kegs 3.3. Beer Kegs Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Beer Kegs Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Beer Kegs Market Size and Forecast, by Material (2023-2030) 4.1.1. Steel 4.1.2. Plastic 4.1.3. Others Beer Kegs 4.3. North America Beer Kegs Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Beer Kegs Market Size and Forecast, by Material (2023-2030) 4.3.1.1.1. Steel 4.3.1.1.2. Plastic 4.3.1.1.3. Others Beer Kegs 4.3.2. Canada 4.3.2.1. Canada Beer Kegs Market Size and Forecast, by Material (2023-2030) 4.3.2.1.1. Steel 4.3.2.1.2. Plastic 4.3.2.1.3. Others Beer Kegs 4.3.3. Mexico 4.3.3.1. Mexico Beer Kegs Market Size and Forecast, by Material (2023-2030) 4.3.3.1.1. Steel 4.3.3.1.2. Plastic 4.3.3.1.3. Others Beer Kegs 5. Europe Beer Kegs Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3. Europe Beer Kegs Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.2. France 5.3.2.1. France Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.3. Germany 5.3.3.1. Germany Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.4. Italy 5.3.4.1. Italy Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.5. Spain 5.3.5.1. Spain Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.6. Sweden 5.3.6.1. Sweden Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.7. Austria 5.3.7.1. Austria Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6. Asia Pacific Beer Kegs Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3. Asia Pacific Beer Kegs Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.2. S Korea 6.3.2.1. S Korea Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.3. Japan 6.3.3.1. Japan Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.4. India 6.3.4.1. India Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.5. Australia 6.3.5.1. Australia Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.6. Indonesia 6.3.6.1. Indonesia Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.7. Malaysia 6.3.7.1. Malaysia Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.8. Vietnam 6.3.8.1. Vietnam Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.9. Taiwan 6.3.9.1. Taiwan Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 7. Middle East and Africa Beer Kegs Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 7.3. Middle East and Africa Beer Kegs Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 7.3.2. GCC 7.3.2.1. GCC Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 7.3.3. Nigeria 7.3.3.1. Nigeria Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 8. South America Beer Kegs Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 8.3. South America Beer Kegs Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 8.3.2. Argentina 8.3.2.1. Argentina Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Beer Kegs Market Size and Forecast, by Material (2023-2030) Beer Kegs 9. Global Beer Kegs Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Beer Kegs Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. American Keg Company, LLC 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. The Metal Drum Company 10.3. Blefa GmbH 10.4. Ardagh Group S.A. 10.5. Shinhan Industrial Co, Ltd 10.6. NDL Keg Inc. 10.7. Schaefer Container Systems 10.8. Julius Kleemann GmbH & Co KG 10.9. Ningbo BestFriends Beverage Containers Co. Ltd. 10.10. Petainer UK Holdings Ltd 10.11. The Metal Drum Company 10.12. THIELMANN 10.13. Supermonte Group 10.14. Kegco 10.15. Petainer 10.16. Sankey 10.17. Eurokeg 10.18. Micromatic 10.19. Beijing Batoo Tech 11. Key Findings 12. Industry Recommendations 13. Beer Kegs Market: Research Methodology 14. Terms and Glossary