Product Code: CMI4808
Global reusable barrels market was valued at US$ 141.9 Mn in 2022, exhibiting a CAGR of 6.0% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 226.7 Mn by 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 141.9 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
6.00% |
2030 Value Projection: |
US$ 226.7 Mn |
Packaging is an important element of any product's lifecycle since it protects the product from damage such as contamination, leakage, and other issues throughout shipping, use, and storage. The barrel is the oldest type of packaging, and it is considered rigid bulk packaging. Reusable barrels are commonly used in the chemical and breweries industries, as well as in the food industries. They're also utilized for product protection and transportation. Furthermore, as reusable barrels come in a variety of shapes and sizes, they can be used for a variety of industrial packaging applications. Over the forecast period, the global reusable barrels market is expected to grow at a fast rate.
Market Dynamics
A growing preference for flavored alcoholic beverages is expected to benefit the global reusable barrels market. An expanding consumer lifestyle and higher per capita income are fueling the global reusable barrels market growth, as well as a growing desire for premium products such as craft and draught varieties. Reusable barrels aid in the preservation of alcoholic beverages' original quality and flavor over long periods. As the draught beer is typically served from reusable barrels to maintain pressure, on-trade sales of the product are more popular.
On the other hand, strict rules & regulations regarding the usage of reusable barrels is hampering the market growth. The new amendment allows scotch whisky producers to use a wide variety of casks for maturation, including those previously used to age agave spirits, calvados, barrel aged cachucha, shochu, and baijiu, as well as some other fruit spirits. This new amendment is expected to hamper as the distillers have a wide range of options for used barrels apart from bourbon aged barrels.
Key features of the study:
- This report provides an in-depth analysis of the global reusable barrels market, and provides market size (US$ Million & Thousand Units) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global reusable barrels market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Annandale Distillery, Rocky Mountain Barrel Company, Exotic Barrels, Esty Inc., Midwest Barrel Co., Mystic Barrels, Red Head Barrels, Kentucky Bourbon Barrel (Independent Stave Company), Country Connection, and Kelvin Cooperage
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global reusable barrels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global reusable barrels market
Detailed Segmentation:
- Global Reusable Barrels Market, By Material Type:
- French Oak Wood
- American Oak Wood
- Others
- Global Reusable Barrels Market, By Toast Level:
- Heavy Toast
- Medium Toast
- Light Toast
- Global Reusable Barrels Market, By End-use Industry:
- Scotch Industry
- Tequila Industry
- Rum Industry
- Beer Industry
- Decor Industry
- Global Reusable Barrels Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Annandale Distillery
- Rocky Mountain Barrel Company
- Exotic Barrels
- Esty Inc.
- Midwest Barrel Co.
- Mystic Barrels
- Red Head Barrels
- Kentucky Bourbon Barrel (Independent Stave Company)
- Country Connection, Inc.
- Kelvin Cooperage
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Toast Level
- Market Snippet, By End-use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
- New Product Approvals/Launch
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
4. Global Reusable Barrels Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Reusable Barrels Market, By Material Type , 2023-2030 (US$ Million and Tons)
- Introduction
- Market Share Analysis, 2023 and 2030
- Y-o-Y Growth Analysis, 2023-2030 (%)
- Segment Trends
- French Oak Wood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- American Oak Wood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
6. Global Reusable Barrels Market, By Toast Level , 2023-2030 (US$ Million and Tons)
- Introduction
- Market Share Analysis, 2023 and 2030
- Y-o-Y Growth Analysis, 2023-2030 (%)
- Segment Trends
- Heavy Toast
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Medium Toast
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Light Toast
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
7. Global Reusable Barrels Market, By End-use Industry, 2023-2030 (US$ Million and Tons)
- Introduction
- Market Share Analysis, 2023 and 2030
- Y-o-Y Growth Analysis, 2023-2030 (%)
- Segment Trends
- Scotch Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Tequila Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Rum Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Beer Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
- Decor Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million and Tons)
8. Global Reusable Barrels Market, By Region, 2023-2030 (US$ Million and Tons)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030
- Y-o-Y Growth Analysis, By Region, 2023-2030 (%)
- North America
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023-2030 (%)
- U.S.
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Canada
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Europe
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023-2030 (%)
- U.K.
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Germany
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- France
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Italy
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Spain
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Russia
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Material Type , 2023-2030 (US$ Million and Tons)
- Market Size and Forecast, By Toast Level , 2023-2030 (US$ Million and Tons)
- Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023-2030 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023-2030 (%)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Market Share Analysis, By Country, 2023 and 2030
- Y-o-Y Growth Analysis, By Country, 2023-2030 (%)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Sub-region, 2023 and 2030
- Y-o-Y Growth Analysis, By Sub-region, 2023-2030 (%)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Annandale Distillery
- Rocky Mountain Barrel Company
- Exotic Barrels
- Esty Inc.
- Midwest Barrel Co
- Mystic Barrels
- Red Head Barrels
- Kentucky Bourbon Barrel (Independent Stave Company)
- Country Connection Inc
- Kelvin Cooperage
10. Section
- References
- Research Methodology
- About us and Sales Contact