Wine Kegs Market size was valued at US$ 890 Mn. in 2021 and the total Wine Kegs revenue is expected to grow at 6.4% from 2022 to 2027, reaching nearly US$ 1290 Mn.
Wine Kegs Market Overview:Kegs allow the beer to be transported and dispensed while preserving its quality and purity. Their design shields the beer from both air and light while allowing for simple and quick dispensing. Most breweries prefer stainless steel containers, but one may also get rubber-coated, aluminum, steel, and, more recently, plastic kegs on the market. When the keg is tapped, the valve allows gas into the headspace, where it delivers the pressure required to drive beer up through the spear or downward tube and out of the container while keeping proper fermentation in the leftover beer. The most frequent reason small breweries desire to keg their beer is to save time and work by not having to clean and sanitize 60 or so bottles each time they produce. Although bottles are traditional and exquisite, they can be difficult to work with on extraction day. The second reason is that having fresh homemade draught beer on tap every evening is convenient. Kegs are filled in a safe way using known industry standards and excellent manufacturing practices. Keg compatibility is evaluated in collaboration with the keg filling system supplier to give the best refilling sequence for preserving keg and beer purity. In this report, the Wine Kegs market's growth reasons, as well as the market's many segments (Type, Capacity, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Wine Kegs market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Wine Kegs market situation. To know about the Research Methodology :- Request Free Sample Report
Wine Kegs Market Dynamics:The market is being influenced by rising alcohol intake among young consumers. A survey of American alcohol consumer habits undertaken by the American Institute of Public Opinion revealed that over 68 percent of males between the ages of 19 and 28 chose beer over other alcoholic drinks. This tendency has been maintained over time and has been a major hindrance in the business. A growing preference for flavored alcoholic drinks is a positive trend for the business. This, coupled with rising demand for premium goods e.g. craft and draught varieties, is being driven by consumers ’ changing lifestyles and rising per capita wealth. Kegs aid in the preservation of the original quality and flavor of alcoholic drinks over lengthy periods. Draught beer is often served in barrels to keep pressure, and as a result, the product sees increased demand from on-trade purchases. Sustainability is a critical element that firms in the packaging sector have been focused on, leading to an increase in the use of reusable and environmentally friendly products. As a result, steel kegs outnumber other product variations. Companies have demonstrated a proclivity to engage in recycling initiatives in response to shifting industry rules and conventions aimed at addressing environmental issues. Coordinating the inward and outward flow of wine kegs is a huge task while carrying the products where they are required necessitates robust systems and a supply chain. Businesses in the keg industry must face the issue of gaining a competitive edge and obtaining efficiencies by simplifying the distribution network mechanism and improving operational efficiency to lower total manufacturing costs. Managing wine keg systems entails more than simply transferring the product. Sanitation and servicing of vessels, as well as stockpiling and administration, are also included. Automation and the usage of robotics have the potential to greatly enhance industrial processes. An interconnected, interdisciplinary, inclusive, and continuous approach to improving the supply chain might result in effective supply chain management.
Wine Kegs Market Segment Analysis:By Type, Steel Keg is expected to grow at the fastest CAGR of 4.2% in the previously mentioned forecast period. As per Blefa GmbH, there are numerous significant advantages to using stainless steel kegs versus plastic drums. Stainless steel kegs are long-lasting, sanitary vessels. They're simple to use and enable automatic cleanup and refilling via the nozzle in a closed environment. Furthermore, stainless steel kegs are stable, easy to handle, and have a cheap cost per mug of draught beer, which justifies their appeal. Stainless steel kegs are used 155 times on average during 31 years (at five turns per year). Stainless steel has become a vital asset for brewers who want to provide the greatest product to their customers – both in terms of quality and price. And the distinction is evident. Wine stored in stainless steel kegs maintained its sensory properties during a six-month test period in a supervised scientific test done by Miguel Hernandez University for international keg maker Thielmann. Wine held in plastic kegs, on the other hand, got gradually transformed over time. The study looked at a variety of different parameters to determine overall performance. Color, foaming, varied flavor retentions, bitterness, fermentation, body, and aftertaste were among them. The study’s findings include: • The kind of keg used has no effect on Carbon dioxide concentration in the keg chamber. • Wine preserved in stainless steel kegs retains its original color for extended periods, but if kept in plastic kegs, it oxidizes rapidly. The chemical and sensory evaluations back up this assertion. • Bitterness is a property that is unaffected by the form of keg utilized. • Sensory investigation demonstrates that beer held in stainless steel kegs retains its original properties. • As a consequence of the experiments conducted, it is possible to prove that alcohol holding in stainless steel kegs results in superior preservation, as the alcohol retains its inherent physical, chemical, and aesthetic attributes for extended periods.
Wine Kegs Market Regional Insights:The volume of international production and distribution is expanding steadily. Europe led the international markets in 2020, accounting for nearly 35 percent of the total. The key driving element in this territory is an increase in alcohol and wine consumption. Additionally, the increasing prevalence of beers and subsequent barrel fermenting has led to a rise in the marketing of steel barrel kegs of various sizes. In addition, the rising appreciation for handmade and localized wine made by small breweries has increased the demand for kegs. These craft breweries make specialty beers including, Hophead, Klausen Burger, and Hop Hooligans, which are well-known in Europe and emphasize quality and taste. The importance of draught beer drives the market in Eastern Europe and Germany. Also, an exclusive partnership' restricted circulation of beer kegs in this region suggests a profitable possibility for distribution companies. The objective of the report is to present a comprehensive analysis of the Wine Kegs market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Wine Kegs market dynamics, and structure by analyzing the market segments and projecting the Wine Kegs market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Wine Kegs market make the report investor’s guide.
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Global Wine Kegs Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: US $ 890 Mn. Forecast Period 2022 to 2027 CAGR: 6.4 % Market Size in 2027: US $ 1290 Mn. Segments Covered: by Type • Plastic • Steel • Other by Capacity • Up to 20 Liters • 20 to 30 Liters • Above 30 Liters
Wine Kegs Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Wine Kegs Market Key Players• Blefa GmbH • G4 kegs • Dolium S.A. • Schaefer Container Systems • Thielmann AG • Free Flow Wines • Lightweight Containers BV • Petainer Innopac Packaging Pvt. Ltd. • Zhejiang Ningbo Major Draft Beer Equipment • SCHAFER Container Systems • Lightweight Containers BV • Petainer • Dolium (Dispack Projects NV) • Ningbo BestFriends Beverage Containers • Shinhan Industrial. FAQs: 1. Which is the potential market for the Wine Kegs in terms of the region? Ans. Europe led the international markets in 2020 2. What are the opportunities for new market entrants? Ans. A growing preference for flavored alcoholic drinks is a positive trend for the business 3. What is expected to drive the growth of the Wine Kegs market in the forecast period? Ans. The market is being influenced by rising alcohol intake among young consumers. 4. What is the projected market size & growth rate of the Wine Kegs Market? Ans. Wine Kegs Market size was valued at US$ 890 Mn. in 2021 and the total Wine Kegs revenue is expected to grow at 6.4% from 2022 to 2027, reaching nearly US$ 1290 Mn. 5. What segments are covered in the Wine Kegs Market report? Ans. The segments covered are Type, Capacity, and Region.
About This Report
|Category||Material & Chemical|
|Published Date||May 2021|
|Updated Date||April 2022|