The kegs market is estimated to generate market revenue of US$ 939 million in 2023 and is projected to reach US$ 1.5 billion in 2033, at a CAGR of 4.5% from 2023 to 2033.
Kegs Market refers to the business of buying, selling, and trading kegs, which are large containers used for storing and transporting beverages such as beer, wine, and spirits. The market for kegs is diverse and encompasses a range of different types of kegs, from small one-gallon kegs to larger half-barrel kegs, as well as different materials, including stainless steel, aluminum, and plastic.
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One of the primary drivers of the kegs market is the growth of the global beverage industry, which has seen an increase in demand for both alcoholic and non-alcoholic beverages. This growth has led to an increase in demand for kegs, as they provide a convenient and efficient way to store and transport beverages. In addition, the rise of microbreweries and craft beer has fueled demand for smaller kegs, which are often used by these businesses to distribute their products.
The kegs market is also influenced by changing consumer preferences and trends. For example, the rise of eco-conscious consumers has led to an increased demand for reusable and environmentally-friendly kegs, such as those made from stainless steel. At the same time, advances in keg technology, such as the development of smart kegs that can track the volume and quality of beverages, are driving growth in the market.
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In terms of geography, the kegs market is highly fragmented, with a presence in several regions around the world, including Europe, North America, Asia-Pacific, and South America. The largest market for kegs is in North America, followed by Europe and Asia-Pacific. The market in
Key Players:
- Ardagh Group S.A
- Petainer UK Holdings Ltd.
- Blefa GmbH
- Schaefer Container Systems
- The Metal Drum Company
- Julius Kleemann GmbH & Co KG
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Given Below are the Kegs Market Segments
Capacity:
- Upto 20 L
- 20 L to 40 L
- 40 L to 60 L
- Above 60 L
Material:
- Plastic
- Tin
- Stainless Steel
End Use:
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Soft-Drinks
- RTD Beverages
- Juices
- Others
- Cooking Oil
- Chemicals
- Others
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