About Canned Wines
In today’s time consumption of wine in the sports events, game nights, picnics, dinners and other functions has become new norm. Change in consumer preference has increased the demand for low alcohol beverages across the globe. Many winery manufacturers are launching wine in cans as the single serve cans are lighter, easy to handle, and carry anywhere. However, increasing environmental concern and use of less carbon footprint packaging is expected to boost the market in nearer future.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Canned Wines market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Union Wine Company (United States), Sula Vineyards (India), Duckhorn Vineyards (United States), Dark Horse Wine (Canada), Tangent Wines (United States), Lubanzi Wines (United States), Sans Wine Company (United States), Bira 91 (India), Maker Wine Company (United States) and The Family Coppola (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Canned Wines market by and Region.
On the basis of geography, the market of Canned Wines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Canned Wines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Alcohol Volume, the sub-segment i.e. < 5% will boost the Canned Wines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Quantity, the sub-segment i.e. 187 ml will boost the Canned Wines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Trend of Cans That Can be Easily Recycled and Consists Low Carbon Footprint
Market Growth Drivers:
Increased Consumption of Wine with the Increasing Populations and Disposable Income
Challenges:
Storage of Wines in Cans May be Responsible for Hazes and Off-Aromas
Restraints:
Ban on the Wine in Some Countries Due to Different Culture
Opportunities:
Increasing Demand for Low Alcohol Beverages during Game Nights, Picnics, Dinners
In 2020, the Indian leading winery Sula Vineyards launched country’s first canned wine. Company’s both of Dia’s red and white wines will be available in cans with the low ABV of 8%.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Canned Wines Manufacturers, Suppliers and Distributors of Canned Wines, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.