Monday 4 January 2021

Beer Kegs Market 2025 Report by Key Growth Drivers, Challenges, Leading Key Players Review

Beer Kegs Market size is projected to touch USD 62.1 billion by 2025, according to a new report by Million Insights. It is projected to grow at a CAGR of 4.6% through the forecast period of 2019 to 2025. The upsurge in consumption of beer by youngsters is driving the market growth. Consumers preferring flavored alcoholic beverages is most likely to benefit the market. Further, increasing demand for draught and craft beers along with rising per capita income of consumers is boosting the growth of the market. Soaring on-premise sales is anticipated to propel the market growth. Draught beers are usually served using kegs to maintain its pressure, thereby, witnessing huge demand from on-trade sales.

 

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Market Synopsis of Beer Kegs Market:

 

Steel kegs dominated the market with 84.7% of market share due to its extensive production, great longevity and easy recycling properties. Steel kegs block the ultraviolet rays and gases to preserve the flavor and quality of beer. Hence, they are used for transportation and storage purposes.

 

Asia Pacific is projected to grow at the fastest CAGR of 5.1% in the forecast period because of high production and consumption of beer in countries like Singapore, India and China. Further, increasing number of breweries providing draught and craft beer are contributing in boosting the product demand. Another factor boosting the market growth is increasing number of companies spending on eco-friendly kegs and sustainable packaging solutions. For example, Petainer introduced a unique variant of DLC kegs in Japan that are considered to be the most environment friendly variant.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-beer-kegs-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Beer Kegs: Market Variables, Trends & Scope              

Chapter 4 Beer Kegs: Product Estimates & Trend Analysis

Chapter 5 Beer Kegs: Application Estimates & Trend Analysis

Chapter 6 Beer Kegs: End-use Estimates & Trend Analysis

Chapter 7 Beer Kegs: Industrial End-use Estimates & Trend Analysis

Chapter 8 Beer Kegs: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Beer Kegs: Manufacturers Company Profiles

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