Wooden Barrels Market
Wooden Barrels Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031
Analysis of Wooden Barrels Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Wooden Barrels Market: Market Outlook
Wooden barrels are cylindrical containers usually made from oak and are extensively used for the storage and ageing of spirits. Traditionally, the usage of barrels for storage of oils, water, spirits and some other food and beverage products was common but with the growth in the product-specific packaging market, the barrels are majorly used for the ageing and storage of spirits. With the growth in the alcoholic beverages industry, the demand for wooden barrels is on the rise.
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What are the Key Trends Impacting Growth of the Wooden Barrels Market?
The increasing demand for craft beers globally is resulting in an increasing number of craft breweries across all the region is fueling the growth of the wooden barrels market. Due to the rising demand, many local players are entering the market to ride the trend and using wooden barrels is proving to be a necessity for the business.
How is the Demand for Aged and Oak Flavored Liquor Products Reshaping the Wooden Barrels Market?
The demand for aged and favoured liquor products in the millennial population is on the rise. The preference for the beverages aged in the American oak or French oak displays high potential as they are a proven choice of manufacturers and consumers. The oak barrels provides a cask surface allowing the infusion of flavor and aroma of oak for the blend providing a rich and creamy texture to the product stored in it.
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What are the Key Opportunities for Wooden Barrels Manufacturers?
In the wooden barrels market, the barrels used by the distilleries or wineries are in high demand. These barrels are in demand due to their applications in other industries like food and beverage, furniture and others.
In the food and beverage industry, the growing popularity of the Tobasco hot sauce made from Tobasco pepper is a result of its flavour which is derived from its three-year storage in whiskey barrels. The wooden barrels are also widely used as prop items for décor purpose in many hotels and restaurants.
What are the Key Challenges that may Restrain Growth of the Wooden Barrels Market?
Apart from the usage in the liquor industry and some non-alcoholic beverages like Vernor's ginger ale, the usage of wooden barrels is minimum. The cost of storage in wooden barrels is higher when compared to other alternatives, resulting in the usage of other forms of packaging by the manufacturers. Many of the smaller beverage companies are switching to other economical packaging options.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players such as
- Maine Bucket Company
- Midwest Barrel Co.
- Oak Barrels India
- Barriles la Arboleda SA
- The Barrel Makers
- Valoga Ltd.
- East Coast Wood Barrels
- Brown–Forman Corporation
- The Barrel Mill
- Bouchard Cooperages
- Burton Wood Turnery
- Kelvin Cooperage
- McGinnis Wood Products Inc.
- others
are actively involved in manufacturing wooden barrels.
What strategies are the Key Players adopting for Increasing their Market Share in the Wooden Barrels Market?
Manufacturers across the globe are trying to increase their market share in emerging regions. The potential for development in the beverage sector is huge as new players are continuously entering the market with unique and innovative beverages in both alcoholic and non-alcoholic categories increasing the demand for wooden barrels.
The key players are also expanding their product portfolio by offering different types of wooden barrels based on wood type, toast level and sizes. Some big alcoholic beverage manufacturers like Jack Daniel Distillery prefer to make their barrels to ensure superior quality.
Why will the Asia-Pacific Generate Significant Demand for the Wooden Barrels Market?
Countries like India and Japan are working towards making a global presence in the alcoholic beverages market. The worldwide demand for Japanese whiskey is on the rise and key players in the market from Japan like Suntory Holdings Limited, Hombo Shuzo Co. Ltd., Nikka Whiskey Distilling Company among others are competing against each other and global players to expand their business.
Indian wineries like Sula, York and others are growing in terms of scale and product portfolios are showing tremendous growth attracting many multinational players like Pernod Ricard, Diageo and Moet Hennessy to expand their business in India.
Wooden barrels play a very important role in manufacturing quality whiskey and wine and hence showing huge potential in the Asia-Pacific region.
What is the Repercussion of the Pandemic on the Growth of the Wooden Barrels Market?
The COVID-19 pandemic has spread across the globe and its effects can be observed in many industries. Some industries are largely impacted, while some are facing a decreased growth rate but are still managing to stay afloat.
The wooden barrels market is not vastly impacted by the pandemic apart from the challenges faced due to the restriction in logistics and import-export. Due to low inventory and gaps in the supply chain, the wooden barrels market may face slow growth in the coming years.
Key Segments of Wooden Barrels Market Covered in the Report
-
Based on type of wood :
- Oak
- Chestnut
- Acacia
- Mulberry
- Cherry
- Cedar
-
Based on application :
- Wineries
- Breweries
- Distilleries
- Decor
-
Based on toast level :
- Untoasted
- Light
- Medium
- Heavy
-
Based on the region :
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type Of Wood
- 7.1. Oak
- 7.2. Chestnut
- 7.3. Acacia
- 7.4. Mulberry
- 7.5. Cherry
- 7.6. Cedar
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Wineries
- 8.2. Breweries
- 8.3. Distilleries
- 8.4. Decor
- 9. Global Market Analysis and Forecast, By Toast Level
- 9.1. Untoasted
- 9.2. Light
- 9.3. Medium
- 9.4. Heavy
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. Asia Pacific
- 10.6. East Asia
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Type Of Wood, Application, and Toast Level for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Maine Bucket Company
- 20.2. Midwest Barrel Co.
- 20.3. Oak Barrels India
- 20.4. Barriles la Arboleda SA
- 20.5. The Barrel Makers
- 20.6. Valoga Ltd.
- 20.7. East Coast Wood Barrels
- 20.8. Brown–Forman Corporation
- 20.9. The Barrel Mill
- 20.10. Bouchard Cooperages
- 20.11. Burton Wood Turnery
- 20.12. Kelvin Cooperage
- 20.13. McGinnis Wood Products Inc
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Type Of Wood
Table 3: Global Market US$ Mn Forecast by Application
Table 4: Global Market US$ Mn Forecast by Toast Level
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Type Of Wood
Table 7: North America Market US$ Mn Forecast by Application
Table 8: North America Market US$ Mn Forecast by Toast Level
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Type Of Wood
Table 11: Latin America Market US$ Mn Forecast by Application
Table 12: Latin America Market US$ Mn Forecast by Toast Level
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Type Of Wood
Table 15: Western Europe Market US$ Mn Forecast by Application
Table 16: Western Europe Market US$ Mn Forecast by Toast Level
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Type Of Wood
Table 19: Eastern Europe Market US$ Mn Forecast by Application
Table 20: Eastern Europe Market US$ Mn Forecast by Toast Level
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Type Of Wood
Table 23: Asia Pacific Market US$ Mn Forecast by Application
Table 24: Asia Pacific Market US$ Mn Forecast by Toast Level
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Type Of Wood
Table 27: East Asia Market US$ Mn Forecast by Application
Table 28: East Asia Market US$ Mn Forecast by Toast Level
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Type Of Wood
Table 31: MEA Market US$ Mn Forecast by Application
Table 32: MEA Market US$ Mn Forecast by Toast Level
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type Of Wood
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Toast Level
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much Growth Potential the Wooden Barrels Market Holds?
Wooden barrels market is estimated to grow at a CAGR of 4.6% during the forecast period.
Why is Wooden Barrels Market Witnessing High Performance?
The rising demand for craft beers led to an increase in the number of craft brewers worldwide.
Where will Manufacturers find Most Opportunities in the Wooden Barrels Industry?
The U.S. is likely to be a region with lucrative opportunities for the wooden barrels manufacturers.
Wooden Barrels Market