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As the consumption of beer and other alcoholic beverages elevates, the global demand for kegs is projected to increase, rather steadily, in the coming | Kegs Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI
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Kegs Market Witnessing High Sales of Steel Variants: Future Market Insights californiatelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from californiatelegraph.com Daily Mail and Mail on Sunday newspapers.
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
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.