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Based on type, the beer packaging market is segmented as Bottles, Cans, Keg, Pouches, Carton, Growlers. Bottles held a majority market value of USD 14.5 billion in 2022. Glass bottles are often associated with traditional beer packaging, and some consumers prefer the classic look and feel. Craft beer and premium beer brands often use glass bottles to convey a sense of quality and uniqueness.
Based on material, the beer packaging market is segmented as Glass, Aluminum, Polyethylene Terephthalate, Paperboard, Plastic, Stainless Steel. Glass held a dominant market share of around 50% in 2022 and is expected to grow at a lucrative pace till 2032. Glass is often chosen for its classic and premium appearance, appealing to consumers who associate it with traditional beer packaging.
Based on application, the beer packaging market is segmented as Craft Beer, Mass-produced Beer, Specialty and Premium Beer, Non-Alcoholic and Low-Alcohol Beer. Mass produced held a dominant market share in 2022 and is anticipated to grow at 3.7 % CAGR through 2032. Many craft breweries choose cans for their flexibility in design, portability, and protection of flavor. Craft beer consumers often appreciate the convenience of canned packaging.
U.S. dominated the North American region with majority beer packaging market share and a revenue of USD 6.1 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. The craft beer industry in North America has seen significant growth, and craft breweries often experiment with different packaging formats to showcase their unique products. This drives demand for various packaging options, including cans, bottles, and even specialty packaging for limited releases.