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APAC Alcoholic Drinks Packaging Market Size (2024 - 2029)

The Asia Pacific alcoholic drinks packaging market is poised for significant growth, driven by increasing demand for convenient packaging solutions such as bottles and cans. This growth is fueled by rising alcoholic beverage consumption, which has led to a greater need for effective packaging to support market expansion. Glass and metal cans are particularly prominent due to their recyclability and practicality, respectively. Additionally, cultural shifts, urbanization, and the emergence of new alcoholic drink categories are contributing to the market's expansion, highlighting the importance of packaging in accommodating diverse consumer preferences and enhancing product distribution.

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Market Size of APAC Alcoholic Drinks Packaging Industry

APAC Alcoholic Drinks Packaging Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 17.38 Billion
Market Size (2029) USD 23.06 Billion
CAGR (2024 - 2029) 6.30 %
Market Concentration Medium

Major Players

APAC Alcoholic Drinks Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Alcoholic Drinks Packaging Market Analysis

The APAC Alcoholic Drinks Packaging Market size is estimated at USD 17.38 billion in 2024, and is expected to reach USD 23.06 billion by 2029, growing at a CAGR of 6.30% during the forecast period (2024-2029).

鈥� The demand for bottles and cans in beverage packaging is expected to grow as alcoholic beverage consumption rises in the region. Bottles and cans are more convenient to transport and store, making them popular among customers. Due to these factors, the demand for bottles in the Asia-Pacific alcoholic drinks packaging market is expected to increase.

鈥� Packaging has been essential in market expansion, with alcoholic beverage makers offering diverse products. Consumer expenditure on recreational activities has increased, as has societal acceptability, resulting in a steady increase in demand for alcoholic drink goods, impacting the packaging industry.

鈥� Glass has emerged as one of the fastest-growing alcohol packaging materials due to its recyclability, reusability, and neutral reactivity. Also, the rising popularity of metal cans drives the alcohol packaging market. Metal cans are packaging containers for storing and distributing alcoholic beverages. Its strength and stiffness make filling cans faster and easier without losing alcohol.

鈥� Furthermore, various factors influence the alcohol market in the region, including festivities, urbanization, women's empowerment, rising numbers of young people who tend to socialize, etc, push the market growth. Moreover, a lot of growth from new alcoholic drinks categories like light beer, wines, light alcoholic beverages, liqueurs, and single malts also pushed the packaging market in the region over the forecast period.

APAC Alcoholic Drinks Packaging Industry Segmentation

Alcoholic drink packaging plays a significant role in the marketing, protecting, and transporting of alcoholic beverages. The packaging of alcoholic drinks can vary greatly depending on the type of beverage, brand, and market.

The Asia-Pacific Alcoholic Drinks Packaging Market is Segmented by Material Type (plastic, paperboard, metal, and glass), by product type (bottles, cans, pouches, cartons, and other product types), and by country (China, India, Japan, Singapore, Australia, and New Zealand, and Rest of Asia Pacific). The market sizes and forecasts are provided in terms of value in (USD) for all the above segments.

By Material
Plastic
Paper
Metal
Glass
By Product Type
Bottles
Cans
Pouches
Carton
By Country***
China
India
Japan
Singapore
Australia and New Zealand
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APAC Alcoholic Drinks Packaging Market Size Summary

The Asia-Pacific alcoholic drinks packaging market is experiencing significant growth, driven by increasing consumption of alcoholic beverages and the rising demand for convenient packaging solutions like bottles and cans. These packaging types are favored for their transportability and storage ease, contributing to their popularity among consumers. The market is further bolstered by the expanding variety of alcoholic products offered by manufacturers, supported by greater consumer spending on leisure activities and broader societal acceptance of alcohol consumption. Glass and metal cans are particularly notable in this market, with glass being favored for its recyclability and metal cans gaining traction due to their ability to preserve beverage quality and freshness. The shift towards these materials aligns with the region's sustainability goals, as companies invest in eco-friendly packaging solutions to meet growing environmental concerns.

The market landscape is characterized by the presence of major players such as Amcor Group GmbH, Crown Holdings, Inc., and Ball Corporation, who are actively expanding their operations and product offerings. The segmentation of the market includes various materials like plastic, paper, glass, and metal, with products ranging from bottles and cans to pouches and cartons. The market's growth is influenced by factors such as urbanization, festivities, and the empowerment of women, which drive the demand for new alcoholic beverage categories. Additionally, the increasing popularity of gluten-free beers and innovative packaging solutions, such as canned nitro stouts, reflects the dynamic nature of the market. Strategic initiatives by key players, including acquisitions and the introduction of sustainable packaging options, further underscore the market's potential for expansion in the coming years.

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APAC Alcoholic Drinks Packaging Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Plastic

      2. 2.1.2 Paper

      3. 2.1.3 Metal

      4. 2.1.4 Glass

    2. 2.2 By Product Type

      1. 2.2.1 Bottles

      2. 2.2.2 Cans

      3. 2.2.3 Pouches

      4. 2.2.4 Carton

    3. 2.3 By Country***

      1. 2.3.1 China

      2. 2.3.2 India

      3. 2.3.3 Japan

      4. 2.3.4 Singapore

      5. 2.3.5 Australia and New Zealand

APAC Alcoholic Drinks Packaging Market Size FAQs

The APAC Alcoholic Drinks Packaging Market size is expected to reach USD 17.38 billion in 2024 and grow at a CAGR of 6.30% to reach USD 23.06 billion by 2029.

In 2024, the APAC Alcoholic Drinks Packaging Market size is expected to reach USD 17.38 billion.

APAC Alcoholic Drinks Packaging Market Report Snapshots

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