PET Keg Market Segmentation By Capacity (10L-20L, 20L-30L and Others); By Application (Beer, Cider, Soft Drinks and Others) and By Distribution Channel (Online and Offline) – Global Industry Demand Analysis and Opportunity Assessment 2018-2027
Buy NowGlobal PET Keg Market
1. Introduction
1.1. Market Definition
1.2. Product Overview
1.3. Market Segmentation
2. Assumptions and Abbreviations
3. Research Methodology
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Market Size Estimation
4. Executive Summary - Global PET Keg Market
5. Regulatory Landscape
6. Pricing Analysis, By Region
7. Evaluation of Major End-use Consumers, By Region
8. Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. PET Keg Market - Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global PET Keg Market Outlook
10.1. Market Size and Forecast, 2018-2027F
10.1.1. By Value (USD Million)
10.1.2. By Volume (Units)
10.1.3. By Capacity
10.1.3.1. 10L-20lL, 20L-30L, and Others
10.1.4. By Application
10.1.4.1. Beer, Cider, Soft Drinks, and Others
10.1.5. By Distribution Channel
10.1.5.1. Online, Offline
10.1.6. By Region
10.1.6.1. North America, Europe, Asia, Rest of the World (RoW)
11. North America PET Keg Market Outlook
11.1. Macro-Economic Indicators impacting the North America PET Keg Market
11.2. Market Size (USD Million)
11.3. Market Size (Units)
11.3.1. By Capacity
11.3.1.1. 10L-20lL, 20L-30L, and Others
11.3.2. By Application
11.3.2.1. Beer, Cider, Soft Drinks, and Others
11.3.3. By Distribution Channel
11.3.3.1. Online, Offline
11.3.4. By Country
Ø US
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø Canada
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
12. Europe PET Keg Market Outlook
12.1. Macro-Economic Indicators impacting the Europe PET Keg Market
12.2. Market Size (USD Million)
12.3. Market Size (Units)
12.3.1. By Capacity
12.3.1.1. 10L-20lL, 20L-30L, and Others
12.3.2. By Application
12.3.2.1. Beer, Cider, Soft Drinks, and Others
12.3.3. By Distribution Channel
12.3.3.1. Online, Offline
12.3.4. By Country
Ø Germany
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø UK
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø France
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø Italy
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø Spain
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø Russia
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø RoE
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
13. Asia PET Keg Market Outlook
13.1. Macro-Economic Indicators impacting the Asia PET Keg Market
13.2. Market Size (USD Million)
13.3. Market Size (Units)
13.3.1. By Capacity
13.3.1.1. 10L-20lL, 20L-30L, and Others
13.3.2. By Application
13.3.2.1. Beer, Cider, Soft Drinks, and Others
13.3.3. By Distribution Channel
13.3.3.1. Online, Offline
13.3.4. By Country
Ø China
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø India
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø Japan
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø Indonesia
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø South Korea
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
Ø RoAsia
· By Capacity
o 10L-20lL, 20L-30L, and Others
· By Application
o Beer, Cider, Soft Drinks, and Others
· By Distribution Channel
o Online, Offline
14. RoW PET Keg Market Outlook
14.1. Market Size (USD Million)
14.2. Market Size (Units)
14.2.1. By Capacity
14.2.1.1. 10L-20lL, 20L-30L, and Others
14.2.2. By Application
14.2.2.1. Beer, Cider, Soft Drinks, and Others
14.2.3. By Distribution Channel
14.2.3.1. Online, Offline
15. Company Profiles
· Petainer
· OneCircle
· Polykeg s.r.l.
· Rehrig Pacific Company
· Keg Exchange GmBH
· MCT Company
· Dolium
· Petkos
· Oxebar
· Techpac India
16. Analyst’s Review
By Capacity
The global PET keg market has been segmented on the basis of capacity into 10L-20L, 20L-30L and others. The 20L-30L segment with 50.50% share in the year 2018, occupies the largest market share of PET kegs across the globe. Additionally, the 20L-30L segment is anticipated to cross USD 106.68 million by the end of 2027 and is anticipated to flourish at a CAGR of 10.8% over the forecast period. Utilizing the 20L-30L kegs by beverage manufacturers helps in the overall logistic supply chain process and helps to lower the transportation cost. Moreover, these kegs are also manufactured by several key players.
The global PET keg market is segmented by regions into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Among these regions, the market of Europe PET keg is driven by the increasing adoption for storage and transportation of variety of alcoholic and non-alcoholic beverages, along with the growing consumption of alcoholic beverages in the region. Moreover, the region is also famous for several non-alcoholic beverages such as kombucha and coffee amongst others, which is also considered as a key factor promoting towards the growth of the market in the region. According to the statistics by the International Coffee Organization, the consumption of coffee in Europe increased by 1.2% in the year 2019, accounting to a total consumption of 54.54 million bags. The region captured a market share of 44.52% in the year 2018 and is anticipated to grow at a modest CAGR over the forecast period. Further, the market in Asia Pacific is anticipated to grow at the highest CAGR of 12.6% during the forecast period.
The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Growth Indicators
PET kegs are increasingly used for the packaging of alcoholic beverages which is considered to be a major factor impacting the growth of the global PET keg market. PET kegs are used for the storage and transportation of beer, wine and ciders, which are among the most prominent alcoholic beverages. Also, rising production and consumption of beer, coupled with the rising consumer preference towards kegged wine are some of the factors which is raising the demand for PET kegs from alcoholic beverage packaging sector. Additionally, it has also been observed in the recent years that recycled PET are used for the manufacturing of PET kegs and has significantly decreased the production of waste as well as the cost associated with the production of PET kegs from virgin PET. The increasing sustainability and recyclability associated with PET kegs is also another key factor anticipated to drive the growth of the global PET kegs market in the coming years.
Barriers
Kegs are also made from stainless steel and wood, and are also the most widely used materials for storage and transportation of wide array of alcoholic and non-alcoholic beverages across the globe, which is considered to be the prime factor limiting the growth of the global PET keg market.
Some of the affluent industry leaders in the global PET keg market are Petainer, OneCircle, PolyKeg S.r.l., Rehrig Pacific Company, Keg Exchange GmbH, MCT Company, Dolium, Petkos, Oxebarand Techpac India.
June 2019: Petainer announced its partnership with European beverage producer Royal Unibrew in order to develop lightweight and sustainable PET bottles with 50% post-consumer recycled PET.
March 2020: OneCircle announced that a distributor of brewing equipment and kegs from Barcelona, Agronet Brewing, became the official reseller of KeyKeg and UniKeg products in the Spanish market.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Ans: Increasing adoption of PET kegs by beverage manufacturers for storage and transportation of beverages, coupled with the growing consumption and production of beverages are some of the major factors that are driving the growth of the market.
Ans: The market is anticipated to attain a CAGR of 10.5% over the forecast period, i.e. 2020-2027.
Ans: The market in Asia Pacific is anticipated to grow at the highest CAGR of 12.6% during the forecast period is predicted to provide more business opportunities for the growth of the market in the future.
Ans: The major players in the global PET kegs market are Petainer, OneCircle, PolyKeg S.r.l., Rehrig Pacific Company, Keg Exchange GmbH, MCT Company, Dolium, Petkos, Oxebar and Techpac India.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is majorly segmented by end-use industry by capacity, application, distribution channel and by region.
Ans: The 20L-30L segment, which is a sub-segment of the capacity segment, held the largest market share of 50.50% over the forecast period owing to the benefits of low cost of transportation to beverage manufacturers.
Ans: Alternate materials such as stainless steel and wood, which are used to manufacture kegs is one such major factor anticipated to act as a barrier towards the growth of the global PET kegs market.
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