July 28, 2022
According to the research report titled ‘Global Growlers Market Size study, by Material (Plastic Growlers, Glass Growlers, Metal Growlers, Ceramic Growlers) by Application (Non-alcoholic, Alcoholic) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global growlers market was valued at USD 541 million in 2021 and is anticipated to reach USD 651.92 million by 2028, witnessing over 2.7% CAGR during the forecast timeline.
The rapid expansion of the beverage sector and increasing demand for fresh beer among youth are some of the main factors driving the expansion of global growlers market.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/5065406/
For those unaware, growlers are glass kegs that can store 32 or 64 ounces of beer, which resemble the small kegs that breweries often fill. Rising household consumption of alcoholic drinks and the increasing demand for growlers as a sustainable solution is likely to add traction to global growlers market size in the ensuing years.
However, strict regulatory outlook and durability issues with the growlers is expected to hinder the overall market growth in the subsequent years.
Based on the material landscape, the market is divided into ceramic, metal, glass, and plastic growlers. Moving on to the application spectrum, global growlers market industry is segmented into alcoholic and non-alcoholic segments.
Geographically, North America market is expected to record substantial growth during the study period, owing to the mounting consumption of alcoholic products.
Meanwhile, Asia-Pacific growlers market is projected to expand at a modest CAGR over the forecast period 2022-2028, primarily attributable to increasing per capita consumption of alcoholic beverages, rising disposable income, and growing in-house party trends.
DrinkTanks Corporation, Boelter Companies Inc., Berlin Packaging LLC, Orange Vessel Co., Global Glass Solutions, GrowlerWerks Inc., William Croxsons & Sons Limited, Alpha Packaging, Ardagh Group S.A., and Zenan Glass are the prominent market contenders influencing global growlers industry trends.