The global glass growlers market is expected to be valued at US$ 9.4 Billion in 2032 and US$ 6.2 Billion in 2022. As per Future Market Insights (FMI), the market is projected to exhibit steady growth at a CAGR of 3.2% in the forecast period from 2022 to 2032.As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Glass Growlers market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Glass Growlers in the coming 10-years.
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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Glass Growlers
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Glass Growlers market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
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Key Glass Growlers Market Takeaways and Projections
Report Benefits & Key Questions Answered
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Glass Growlers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
Some of the renowned companies present in the global glass growlers market include Berlin Packaging, LLC, Ardagh Group, Owens-Illinois, Inc., Drink Tanks Corporation, Alpha Packaging, Portland Growlers Company, William Croxsons & Sons Limited, Global Glass Solutions, Orange Vessel Co., GrowlerWerks, Inc., and Boelter Companies, Inc. among others.
Key Segments Profiled in the Glass Growlers Industry Survey
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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