Regional Players Dominate the Market Comprising ~55% of Total Competitors, Despite the Presence of about ~150 Competitors Including a Significant Number of Country-Niche Players and Some Global Players, finds a recent market study on the Global Canned Wine Market by Ken Research.
Wine is an alcoholic beverage made from fermented grape juice. Canned Wines are wines that are primarily packaged in cans, which are lighter, more portable, convenient, and easier to open than glass bottles. Furthermore, cans are more sustainable for the environment since they are 100% recyclable and emit significantly less carbon than bottles.
“Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study”
1. Regional Players Constitute ~55% of the Total Number of Competitors, While Country-Niche Players Represent ~35% of the Total Number of Players in the Market.
A comprehensive competitive analysis conducted during the Research Study found that the Global Canned Wine market is Significantly competitive with ~150 players, including globally diversified players, regional players, and a large number of country-niche players with their niche modern packaging innovations, such as Eco Rings, and Trebodur Mabeerial, a biodegradable packaging material made 100% from brewers’ spent grain to lower the carbon footprint in the wine industry. Furthermore, numerous wineries are using eco-friendly packaging solutions, such as recycled aluminum cans, to minimize their environmental impact. Recycled aluminum cans typically help in lowering energy use, mining pollution, shipping pollution and emissions, and carbon dioxide emissions.
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2. Country-Niche Players’ and Organization’s Ongoing Efforts to New Packaging Developments are Prompting the Growth the of Wine Industry.
Detailed comparative analysis of key competitors available within the Research Study shows that numerous wine companies such as E.&J. Gallo Winery, Sula Vineyards, Castel Group, Accolade Wines, and more are highly focused on the production of recycled aluminum beverage cans as they are more beneficial to the environment, also transporting them requires a lesser carbon footprint. For instance, according to the Aluminum Association and Can Manufacturers Institute (CMI), a USA trade associations, the average aluminum can is typically made of 70% recycled content, which is more than three times that of glass or plastic bottles. Additionally, recycling aluminum cans is worth nearly 300% more per tonne than recycling plastic or glass.
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3. Increasing Government Initiatives, Strategies, and Investments in Beverage Packaging Industry are supporting the Growth of Canned Wines.
Previously, government-led investment and involvement in eco-friendly packaging solutions were relatively limited worldwide, with the industry relying primarily on private funding. However, in recent years governments conceded that the structure needed to be changed. Several governments across countries have raised funds for sustainable aluminum packaging for beverages, household products, and personal care to support the adoption of eco-friendly and sustainable solutions.
- In February 2021, Kazakhstan’s ‘Economy of Simple Things’ programme funded the production of aluminum cans in Shymkent worth US$ 56 million (23.4 billion tenges). The plant will be exclusive and the only one located in Central Asia.
- In May 2021, the Australian government and Investment Commissioner of South Asia, Stuart Rees, launched canned wine under the brand ‘Barokes Wine’ in India, with three major varieties, including red, rose, and white sparkling canned wine.
Key Topics Covered in the Report
- Snapshot of the Global Canned Wine Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Canned Wine Market
- Historic Growth of the Overall Global Canned Wine Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Canned Wine Industry
- Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
- COVID-19 Impact on the Overall Global Canned Wine Market
- Future Market Forecast and Growth Rates of the Total Global Canned Wine Market and by Segments
- Analysis of the Global Canned Wine Market
- Major Production/Supply and Consumption/Demand Hubs within Each Region
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Region
Notable Key Players Mentioned in the Report
- E & J Gallo Winery
- The Wine Group
- Treasury Wine Estates
- Castel Group
- GRUPO PEÑAFLOR
- Union Wine Company
- Accolade Wines
- Canned Wine Co.
- FRANCIS FORD COPPOLA WINERY
- Sula Vineyards
Notable Emerging Companies Mentioned in the Report
- Banks Brother
- G. Barr
- Bacardi Limited
- Babe
- Brown-Forman
- Original House Wines
- Porch Pounder
- 14 Hands Winery
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Feedstock Suppliers (Wine Grapes)
- Wine Companies
- Vineyard Management Companies
- Wine International Association (WIA)
- World Wine Trade Group
- Specialty Wine Retailers Association (SWRA)
- National Association of Wine Retailers
- Wine Trade Association
- Supplier of Chemical Additives for Wines
- Metals and Materials Suppliers for Cans
- Beverage Cans Manufacturers
- Government Ministries and Departments of Food Industry
- Food Regulatory Authorities
- Alcoholic Beverages Regulatory Authorities
- Financial Institutions focused on Wine Industry
- PE and VC Firms focused on Wine Industry
- Food & Beverages Research Institutes
Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
For more information on the research report, refer to the below link:
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