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Growlers Market Size

Report ID: FBI 7924

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Published Date: Sep-2024

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Format : PDF, Excel

Market Outlook:

Growlers Market surpassed USD 546.22 Million in 2023 and is poised to exceed USD 764.09 Million by end of the year 2032, witnessing more than 3.8% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 546.22 Million

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

3.8%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 764.09 Million

19-23 x.x %
24-32 x.x %
Growlers Market

Historical Data Period

2019-2023

Growlers Market

Largest Region

North America

Growlers Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

One significant growth driver for the Growlers market is the increasing consumer preference for craft beer. As more people explore the variety and quality of craft brews, they seek ways to enjoy these products in larger quantities without compromising freshness. Growlers, which are typically reusable glass or ceramic jugs that hold beer, provide an ideal solution for consumers looking to transport draft beer from breweries or taprooms to their homes. This trend has been further fueled by the rise of small, independent breweries eager to cater to a growing audience that values unique, high-quality beer experiences.

Another key growth driver is the rising demand for sustainable packaging solutions. With growing environmental concerns, consumers are increasingly turning to reusable options that minimize waste. Growlers align perfectly with this shift in consumer behavior, as they can be reused multiple times, reducing the reliance on single-use bottles or cans. This sustainability angle not only appeals to eco-conscious consumers but also encourages breweries and distributors to adopt growlers as part of their service offerings, further driving market growth.

Additionally, the expansion of e-commerce has created new opportunities for the Growlers market. With more breweries offering online sales and delivery services, consumers can easily access a wide range of craft beers, often available for refill in growlers. This convenience not only caters to consumers’ preference for home delivery but also promotes the growler as a preferred vessel for transporting larger quantities of beer. Consequently, the ease of online shopping combined with the growing variety of available craft brews is poised to significantly boost the popularity and sales of growlers in the market.

Industry

Report Scope

Report CoverageDetails
Segments CoveredMaterial, Size, Closure Type, Application, Distribution Channel
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled U.S., Canada, Germany UK, France, Spain, Italy, China, Japan, India, Australia, South Korea, Indonesia, Malaysia , Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Egypt

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Despite these growth drivers, there are certain restraints that could hinder the expansion of the Growlers market. One major restraint is the regulatory landscape surrounding alcohol distribution. Different regions have varying laws regarding alcohol sales, and in some areas, the sale of growlers can be limited or even prohibited. Such regulations can pose challenges for entrepreneurs looking to establish growler-centric businesses, ultimately impacting market growth. The complexities of compliance across state or national lines can also deter smaller breweries from expanding their offerings to include growlers.

Moreover, consumer education and awareness represent another significant challenge in the Growlers market. While an increasing number of consumers are becoming aware of the benefits of growlers, many potential customers may still not understand how to properly use and care for them. Issues such as cleanliness, shelf life, and proper handling can deter new users from adopting this packaging style. Without effective education and marketing strategies, breweries and retailers may struggle to convert casual beer drinkers into regular growler users, limiting the overall market potential.

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Growlers Market Size & Share, By Material (Stainle...

RD Code : 24