The global kegs market is
slated to grow at a steady CAGR of 4.2%, amid the projected period
(2018-2028). The worldwide consumption of steel kegs for shipment and
storage of beer is anticipated to remain high. The use of kegs as a
reliable, cost-effective and appropriate for fermented beverages,
furthermore ensuring preservation of organoleptic characteristics and
original taste. FMI, in its recent study, stated that the COVID-19
outbreak has impact the market adversely, however, recovery is likely to
commence in late 2021.

“Sustained demand for cooking oil remains a key revenue generator for the global kegs market.“ states the FMI analyst.

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Kegs Market – Important Highlights

• The global kegs market will surpass US$ 1.67 billion in revenues by 2028-end.
• Western Europe will remain highly lucrative over the forecast period, due to steady sales in Italy, France and Germany.
• Alcoholic beverages end use category is anticipated to drive sales in the global market.
• Steel kegs account for majority of market share

Kegs Market – Drivers

• Growing demand for cooking oil is likely to positively impact the market over the forecast period.
• Increasing demand for premium products such as draught and craft variants is creating opportunities
• Increasing preference towards flavored alcoholic beverages is projected to benefit the market
• Legislative regulations backing reduced weight limits appropriate of packaging, will spur adoption of kegs.

Kegs Market – Restraints

• Non-return, improper handling or damage of kegs continues to be a challenge for market players
• Few licensed establishments allowed to install kegs limits opportunities

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COVID-19 Impact on Kegs Market

Although, the market witnessed an increase in sales, on the onset of
the pandemic. Players sopped up surplus sales from COVID-19-fueled
stockpiling, followed by lost business from operational constraints and
closed dining rooms. FMI in its report states that the market is
gradually anticipated to pick up pace by the end of 2021 or by 2022 Q1.

Competitive Landscape

Petainer UK Holdings Ltd., Ardagh Group S.A, NDL Keg Inc, AMERICAN
KEG COMPANY., Ningbo BestFriends Beverage Containers Co. Ltd, Shinhan
Industrial Co, Ltd, Schaefer Container Systems, Blefa GmbH, Julius
Kleemann GmbH & Co KG and The Metal Drum Company are a few of the
leading market players operating in the kegs market. Market players are
focusing on merger and acquisition, collaboration, and partnership to
extend their regional presence. Growing number of activities imply that
the players working in the global kegs market account for remarkable
expansion prospects in the years ahead.

About the Study

The study offers readers a comprehensive assessment of the kegs
market. Global, regional and national-level analysis of the latest
trends influencing the market is covered in this FMI report. The study
provides insights according to material (plastic, tin and stainless
steel), capacity (up to 20 litre, 20 litre to 40 litre, 40 litre to 60
litre and above 60 litre), end use (alcoholic beverages [beer, wine,
spirits and cider], non- alcoholic beverages[soft drinks, RTD beverages,
juices and others], cooking oil, chemicals and others), across key
regions (North America, Latin America, Europe, China, Asia Pacific,
Middle East & Africa).

Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Opportunity

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Market Background

3.1. Porter’s Analysis

3.2. PESTLE Analysis

3.3. Macro-Economic Factors

3.4. Value Chain

3.5. Opportunity Analysis

4. Market Forecast

4.1. Market Volume Projections

4.2. Pricing Analysis

4.3. Market Value and Y-o-Y Growth

4.4. Absolute $ Opportunity Analysis

5. Market Dynamics

5.1. Drivers

5.2. Restraints

5.3. Trends

5.4. Opportunities

5.5. Forecast Factors – Relevance & Impact

6. Market Viewpoint

6.1. Macro-Economic Factors

6.1.1. Global GDP Growth Outlook

6.2. Parent Market Outlook

6.2.1. Global Alcoholic Beverages Outlook

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About FMI 

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. 

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