Asia Pacific Alcoholic Drinks Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Alcoholic Drinks Packaging Market is segmented By Material Type (Plastic, Paperboard, Metal, Glass, Aluminum), By Product Type (Bottles, Cans, Pouch, Cartons), and Country

APAC Alcoholic Drinks Packaging Market Size

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Asia Pacific Alcoholic Drinks Packaging Market
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.85 %
Market Concentration Medium

Major Players

APAC Alcoholic Drinks Packaging Market

*Disclaimer: Major Players sorted in no particular order

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APAC Alcoholic Drinks Packaging Market Analysis

Asia Pacific Alcoholic Drinks Packaging Market is expected to grow at a CAGR of 3.85% during the forecast period 2021-2026. Packages are utilized in accordance with the beverages offered. Non-alcoholic drinks are typically offered in bottles, whereas alcoholic beverages are primarily served in cans. As a result, the demand for bottles and cans in beverage packaging is expected to grow as alcoholic beverage consumption rises. Bottles and cans are more convenient to transport and store, making them a popular choice among customers. The demand for bottles and can be packaging in the Asia Pacific Alcoholic Drinks Packaging market is expected to increase as a result of these factors.

  • Packaging has played an essential part in market expansion, with alcoholic beverage makers offering a diverse range of products. Consumer expenditure on recreational activities has increased, as has societal acceptability, resulting in a steady increase in demand for alcoholic drink goods, which has impacted the packaging industry.
  • As a result, can packaging for beer is becoming more popular, as it offers advantages over the glass in terms of preventing light and oxidation damage, as well as keeping beer fresh for longer periods of time. Customers are frequently provided beverages in metal cans and bottles.
  • There is a growing awareness of how plastic packaging is harming marine life, contaminating rivers and seas, and ending up in landfills as non-degradable mounds of rubbish." As a result, more Indians are buying products that are socially responsible, inclusive, and have a low environmental effect.
  • To meet rising demand, the firm is diversifying its packaging portfolio to include wine and alcoholic beverages such as rum, whiskey, and vodka, particularly in Asian nations such as India, China, and Japan.
  • Hygiene has become more significant in the Asia Pacific as a result of Covid-19. There is a clear movement away from bottles and toward aluminum cans. As a result, aluminum cans are more recyclable and environmentally friendly. " Furthermore, can provide security for government officials while also addressing income leakage. Excise laws in states like Rajasthan and Uttar Pradesh have been changed to allow aluminum cans to be used for packaging spirits."

APAC Alcoholic Drinks Packaging Market Trends

This section covers the major market trends shaping the APAC Alcoholic Drinks Packaging Market according to our research experts:

Significant Growth in Aluminum Packaging Business in India

  • The market for alcoholic beverages packaging researches market segmentation based on several materials such as plastic, paper, glass, aluminum, and metal. It also covers product kinds such as bottles, cans, pouches, cartons, and similar containers. Furthermore, the market analysis considers several factors, including sustainability, beverage product production rates, supply and demand, and the influence of COVID-19 on the market. Furthermore, the market's reach is broad and restricted to Asia-Pacific.
  • Ball Corporation, Tetra Pak, Amcor Plc, and other companies foresee a significant increase in their aluminum packaging business in India. New categories like whiskey, wine, and hard spirits move to aluminum cans because of their sustainable nature. Other drinks that can be packed in aluminum cans are being considered by regulatory authorities BIS and FSSAI.
  • Furthermore, businesses are investing in the future of aluminum packaging because they understand the significant impact of choosing endlessly recyclable beverage packaging on communities and the environment. Companies are actively pursuing expanded categories in India, encompassing a considerably broader range of alcoholic beverages. The companies are also looking at the regulatory developments closely and hope to see a more favorable environment for cans. This augurs well for a country looking to bring down the use of plastics.
Asia Pacific Alcoholic Drinks Packaging Market

Beer is expected to take a significant share of the market.

  • Beer consumption has risen at an exponential rate in recent years. With more than 20 million people reaching the legal drinking age each year, India remains one of the world's major beer markets. United Breweries, India's largest beer manufacturer and maker of the well-known Kingfisher brand, has recently announced the release of their latest Kingfisher Instant Beer. The product is packaged in a box with two sachets.
  • The glass bottle with a crown closure is the traditional beer packaging material in the region. Because glass is widely utilized in alcohol packaging, demand is likely to rise throughout the projection period. Furthermore, glass prices substantially influence the margin profile of alcohol industries, which swings in response to crude oil price fluctuations.
  • Manufacturers are rapidly adopting various packaging materials into their manufacturing processes due to the unpredictable margins. PET bottles for both alcoholic and non-alcoholic beer packaging are a new development. Non-tunnel pasteurized, one-way tunnel pasteurized, and returnable/refillable PET beer bottles were utilized. Compared to PET used in carbonated soft drinks, beer requires a high CO2 and O2 barrier performance (CSD). The needed amount is determined by the type of beer, container size, distribution methods, and weather conditions (storage time, temperature, and humidity levels).
  • Furthermore, gluten-free beers are becoming increasingly popular in this region. Beer consumption is also increasing at over 6% per year in China, India, and Vietnam. As a result, rising innovation in tastes and preparations is anticipated to stimulate demand for beer, resulting in the growth of beer cans.
Asia Pacific Alcoholic Drinks Packaging Market

APAC Alcoholic Drinks Packaging Industry Overview

Asia Pacific Alcoholic Drinks Packaging Market is partially fragmented. Some of the major players in the market are Amcor Plc, Crown Holdings, Inc., Ball Corporation, Uflex Ltd., Tetra Pak, and others. Some recent strategic initiatives are made in this sector are:

  • In August 2021, Ball Corporation is leading the way in packaging innovation to achieve sustainability by lowering reliance on plastic and glass. It is working hard to make aluminum a safer alternative to plastic to solve the growing problem of single-use plastic in industries such as drinks, aircraft, household items, food, and others.
  • In February 2020, ShapeArt recyclable closures were launched by Amcor Plc, which can be customized with specific designs for both wine and alcohol brands. ShapeArt closures are constructed of recyclable aluminum and may be customized to use Amcor's Stelvin closure technology.

APAC Alcoholic Drinks Packaging Market Leaders

  1. Amcor plc

  2. Crown Holdings, Inc.

  3. Ball Corporation

  4. Uflex Ltd

  5. Tetra Pak

*Disclaimer: Major Players sorted in no particular order

Asia Pacific Alcoholic Drinks Packaging Market
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APAC Alcoholic Drinks Packaging Market News

  • In September 2020, Tetra Pak was leading the way in developing optimal packaging made from renewable or recycled materials to promote a low-carbon circular economy in a variety of industries, including drinks, homecare, and so on. This recycling program entails scrutinizing each layer of the pack, as well as the caps and straws connected.
  • In March 2020, Radico Khaitan, India's largest IMFL (Indian produced foreign liquor) producer, has debuted its whisky brand Triple Eight in a box using UFlex-foil Asepto's stamping function. The launch of Triple Eight whisky aseptic packs in Karnataka is the result of a packaging collaboration between the two organizations to raise packaging standards for IMFL category items and adorn them to make them aesthetically superior, utilizing unique design mixes for brand identification.

APAC Alcoholic Drinks Packaging Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Value Chain / Supply Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Assessment of COVID-19 Impact on the Industry

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Increasing Demand for Sustainable Packaging

      2. 5.1.2 Increasing Consumption of Alcoholic Drinks in Asia

    2. 5.2 Market Restraints

      1. 5.2.1 Government Regulation for Plastic Usage

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Material

      1. 6.1.1 Plastic

      2. 6.1.2 Paper

      3. 6.1.3 Metal

      4. 6.1.4 Glass

      5. 6.1.5 Aluminum

    2. 6.2 By Products Type

      1. 6.2.1 Bottles

      2. 6.2.2 Cans

      3. 6.2.3 Pouch

      4. 6.2.4 Carton

      5. 6.2.5 Others

    3. 6.3 By Country

      1. 6.3.1 China

      2. 6.3.2 India

      3. 6.3.3 Japan

      4. 6.3.4 Singapore

      5. 6.3.5 Rest of Asia Pacific

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Amcor plc

      2. 7.1.2 Mondi Group

      3. 7.1.3 Crown Holdings, Inc.

      4. 7.1.4 The International Paper Company

      5. 7.1.5 Uflex Ltd

      6. 7.1.6 Parekhplast India Limited

      7. 7.1.7 Ball Corporation

      8. 7.1.8 Rexam plc

      9. 7.1.9 DS Smith PLC

      10. 7.1.10 Tetra Pak

    2. *List Not Exhaustive
  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OF THE MARKET

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APAC Alcoholic Drinks Packaging Industry Segmentation

The market for alcoholic beverages packaging researches market segmentation based on several materials such as plastic, paper, glass, aluminum, and metal. It also covers product kinds such as bottles, cans, pouches, cartons, and other similar containers. Furthermore, the market analysis considers a number of factors, including sustainability, beverage product production rates, supply and demand, and the influence of COVID-19 on the market. Furthermore, the market's reach is broad and restricted to Asia-Pacific.

By Material
Plastic
Paper
Metal
Glass
Aluminum
By Products Type
Bottles
Cans
Pouch
Carton
Others
By Country
China
India
Japan
Singapore
Rest of Asia Pacific
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APAC Alcoholic Drinks Packaging Market Research FAQs

The APAC Alcoholic Drinks Packaging Market is projected to register a CAGR of 3.85% during the forecast period (2024-2029)

Amcor plc, Crown Holdings, Inc., Ball Corporation, Uflex Ltd and Tetra Pak are the major companies operating in the APAC Alcoholic Drinks Packaging Market.

The report covers the APAC Alcoholic Drinks Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the APAC Alcoholic Drinks Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

APAC Alcoholic Drinks Packaging Industry Report

Statistics for the 2024 APAC Alcoholic Drinks Packaging market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. APAC Alcoholic Drinks Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Asia Pacific Alcoholic Drinks Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)