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The global glass growlers market is anticipated to
reach a valuation of US$ 6.4 billion in 2023, driven by
rising craft beer culture. The trend is expected to create new opportunities
for the market, leading to a projected CAGR of 3.2% between
2023 and 2033, and reaching a total valuation of approximately US$ 8.7
billion by 2033.
One of the major factors contributing to the growth of the glass
growlers market is sustainability and reusability. In an era of increased
environmental consciousness, consumers are actively seeking eco-friendly
packaging options. Glass growlers, being reusable and recyclable, offer a
sustainable alternative to single-use packaging like cans and plastic bottles.
The eco-friendly aspect appeals to environmentally conscious consumers who want
to reduce their carbon footprint and contribute to waste reduction.
Brewpubs, tasting rooms, and local breweries often offer craft
beverages for takeaway, and glass growlers are an ideal packaging solution for
this purpose. Consumers can purchase freshly brewed beer and other craft
beverages in these containers, preserving the beverage’s taste and aroma for an
extended period. The convenience of carrying home draft beer from their
favorite establishments is a significant factor driving the demand for glass
growlers.
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Manufacturers are continuously introducing innovative closure
systems for glass growlers to ensure better sealing and preservation of the
beverage’s freshness and carbonation. Flip-top lids, gasket closures, and
swing-top mechanisms have become popular, providing consumers with a reliable
and leak-proof container for their beverages.
Key Takeaways from the Market Study
·
Global glass growlers market was valued at US$ 58.0 billion by
2022-end.
·
From 2018 to 2022, the market demand expanded at a CAGR of 2.4%.
·
North America is expected to hold a dominant CAGR of 3.1% during
the forecast period.
·
By sealing type, swing top segment is expected to constitute a
CAGR of 3.1% in 2033.
·
On the basis of sales channel, online sales segment is expected
to dominate the market with a CAGR of 3.1% in 2033.
·
From 2023 to 2033, glass growlers market is expected to flourish
at a CAGR of 3.2%.
·
By 2033, the market value of glass growlers is expected to reach
US$ 8.7 billion.
Personalization and branding opportunities, across the globe, is
a major factor that is expected to propel the growth of the glass growlers
market in the near future, remarks an FMI analyst.
Competitive Landscape
Prominent players in the glass growlers market are Berlin
Packaging, LLC, Ardagh Group, Owens-Illinois, Inc., Drink Tanks Corporation,
Alpha Packaging, Portland Growlers Company, William Croxsons & Sons
Limited, Global Glass Solutions, Orange Vessel Co., GrowlerWerks, Inc., and
Boelter Companies, Inc., among others.
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Recent Developments:
·
In 2022, GrowlerWerks, Inc. announced the launch of its new
GrowlerWerks G4 Growler. The G4 Growler is a stainless-steel growler that
features a vacuum insulation system that helps to keep beer fresh for up to two
weeks.
·
In 2023, Global Glass Solutions announced the launch of its
new line of glass growlers. The new line includes growlers in a variety of
sizes and styles, including a growler with a built-in tap.
·
In the same year, Portland Growlers Company announced the
launch of its new online store. The store sells a variety of growlers, growler
filling stations, and other beer-related products.
·
In 2023, Boelter Companies, Inc. announced the launch of
its new growler filling station. The growler filling station allows consumers
to fill their growlers with fresh, cold beer from a variety of local breweries.
·
In the same year, Drink Tanks Corporation announced the
launch of its new line of stainless-steel growlers. The new line includes
growlers in a variety of sizes and styles, including a growler with a built-in
handle.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global
glass growlers market, providing historical data for 2018 to 2022 and
forecast statistics from 2023 to 2033.
To understand opportunities in the glass growlers market, the
market is segmented on the basis of sealing type (swing top, screw on, and
others (gasket cap)), by product type (clear glass growlers, amber glass
growlers, and green glass growlers), capacity (32 oz, 64 oz, 128 oz, others),
and by sales channel (online sales, supermarket/hypermarket, independent
stores, and breweries), across seven major regions (North America, Latin
America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia,
and Middle East & Africa (MEA)).
Key Segments Profiled In The Global
Glass Growlers Market
By Sealing Type:
·
Swing Top
·
Screw On
·
Others (Gasket Cap)
By Product Type:
·
Clear Glass Growlers
·
Amber Glass Growlers
·
Green Glass Growlers
By Capacity:
·
32 Oz
·
64 Oz
·
128 Oz
·
Others
By Sales Channel:
·
Online sales
·
Supermarket/Hypermarket
·
Independent Stores
·
Breweries
Region:
·
North America
·
Latin America
·
Western Europe
·
Eastern Europe
·
South Asia and Pacific
·
East Asia
·
Middle East and Africa (MEA)
About Future Market Insights Inc.
(FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the
Stevie Award, and a member of the Greater New York Chamber of Commerce) offers
profound insights into the driving factors that are boosting demand in the
market. FMI stands as the leading global provider of market intelligence,
advisory services, consulting, and events for the Packaging, Food and Beverage,
Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast
team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110
countries.
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