Scope of the Study
The global Kegs market is expected to grow in the forecasted period due to growing demand for alcoholic beverages across the world. The keg is the small barrel that is used for storing various beverages. Kegs help in maintaining the authentic quality and flavor of alcoholic beverages over long durations. Sustainability is a crucial factor that companies have been focusing on in the overall packaging industry, resulting in the growing usage of recyclable and environment-friendly materials. The growing demand for RTD beverages also helps to boost the global Kegs market.
The market study is being classified, by Application (Alcoholic Beverages [Beer, Wine, Spirits, Cider], Non- Alcoholic Beverages [Soft Drinks, RTD Beverages, Juices, Others], Cooking Oil, Chemicals and Others) and major geographies with country level break-up.
American Keg Company, LLC (United States), NDL Keg Inc (United States), Shinhan Industrial Co, Ltd (Korea), Ningbo BestFriends Beverage Containers Co. Ltd (China), Blefa GmbH (Germany), Schaefer Container Systems (United States), Petainer UK Holdings Ltd (England), Ardagh Group S.A (Ireland), Julius Kleemann GmbH & Co KG (Germany) and The Metal Drum Company (England) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kegster (United Kingdom) and Schafer Container Systems (United States).
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Kegs market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Kegs market by Type, Application and Region. On the basis of Type, Alcoholic Beverages are dominating the market in the year 2018
On the basis of geography, the market of Kegs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Consumption of Beer Among Young Consumers
- High Demand due to Changing Consumption Patterns and Lifestyle
- Growing Living and Expenditure Standards
- Increasing Demand for Cooking Oil from Developing Countries
- Rising Concern Regarding Damage or Improper Handling of Kegs
- Growing Popularity Of Alcoholic Beverages across the World
- The Huge Demand for various Protine Beverages
- Declining Profitability Margins coupled due to Availability of Alternatives
Key Target AudienceKegs Manufactures, Kegs Distributors, Kegs Suppliers, Government & Industry Associations, Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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