Home > Food & Beverages > Beverages > Alcoholic Beverages > Canned Wine Market
Canned Wine Market size was valued at USD 1.1 billion in 2022 and it is estimated to register a CAGR of over 13.1% between 2023 and 2032. The market offers a convenient and portable packaging option. It's easy to transport, open, and dispose of, making it a popular choice for outdoor activities like picnics, festivals, camping, and sporting events.
Cans are also more lightweight and less fragile than glass bottles, which further adds to their appeal. In addition, single-serving portions, which can be a more convenient option for those who want to enjoy wine without committing to a full bottle.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Canned Wine Market Size in 2022: | USD 1.1 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 13.1% |
2032 Value Projection: | USD 3.7 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 273 |
Segments covered: | Product, Alcoholic Content, Distribution Channel |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The primary challenge is the perception that canned wine may be of lower quality compared to traditional bottled wine. Overcoming this prejudice and convincing consumers that quality wine can be found in a can is an ongoing challenge for the industry. Additionally, canned wine is often associated with single-serving portions, which can limit its appeal to consumers looking for larger quantities or those who prefer to buy in bulk.