Wine Barrel Market Insights, Deep Analysis Of Key Vendor In The Industry 2022-2029

 

The global wine barrel market is expected to project a fairly positive outlook over the forecast period, with emerging economies such as South Africa, China, Brazil, India, etc. registering comprehensive growth over the forecast period. The Western Europe region accounts for nearly 1/3th of the global wine barrel market.

The wine barrels market is estimated to value at US$ 4.1 billion in 2022 and is projected to reach US$ 5.7 billion by 2029, at a CAGR of 4.8% during the forecast period.

The wine barrels market experienced soaring growth in 2020-2021 with worldwide revenues up 4.4% year over year. A new forecast by FMI estimates that wine barrels will increase between 2022 and 2029 along with holding the market value of US$ ~5.7 Bn in 2029.

Newly released data from wine barrels market analysis shows that global sales of the French oak and American oak segments are anticipated to register a CAGR of 5.1% and 4.4% respectively during 2022-2029 along with holding the market value of US$ ~3.5 Bn collectively in 2022.

Global Wine Barrel Market: Forecast by Oak Type

On the basis of oak type, the global wine barrel market is segmented into French Oak, American Oak and Eastern European Oak. The French Oak segment is expected to gain 160 basis points over the forecast period. This segment is likely to emerge as the most attractive oak type over the forecast period.

Global Wine Barrel Market: Forecast by Toast Level Type

Segmentation by toast level type includes light toast, medium toast, medium plus toast and heavy toast. Medium toast level type is a popular segment and is expected to hold more than 40% revenue share in the global wine barrel market throughout the forecast period. The medium toast segment is expected to create an incremental opportunity of US$ 910.1 Mn during the forecast period. Medium plus toast is the second largest segment anticipated to account for 26.1% of the global wine barrel market share in 2017.

Global Wine Barrel Market: Forecast by Capacity

By capacity the global market is classified into barrique, hogshead, puncheon and others. The barrique segment (i.e. 225 litres) is expected to generate an incremental opportunity of 1,156.9 Mn over the forecast period.

Global Wine Barrel Market: Forecast by Region

The seven key regions of North America, Latin America, Eastern Europe, Western Europe, APAC, Japan and MEA are analysed in this report.

Global Wine Barrel Market: Key Manufacturers

Seguin Moreau Napa Cooperage, StaVin Inc., Tonnellerie de l’Adour, Damy Cooperage, Premier Wine Cask, Inc., The Barrel Mill, Billon Cooperage, Tonnellerie Radoux , The Oak Cooperage, East Coast Wood Barrels Corp, POZVEK d.o.o., Canton Cooperage, Nadalié USA, World Cooperage and A.P. John Cooperage are some of the top manufacturers of wine barrels.

Wine Barrels Market By Category

By Oak Type :

·       French Oak

·       American Oak

·       Eastern European Oak

By Toast Level Type :

·       Light Toast

·       Medium Toast

·       Medium Plus Toast

·       Heavy Toast

By Capacity :

·       Barrique

·       Hogshead

·       Puncheon

·       Others

By Region :

·       North America

·       Latin America

·       Western Europe

·       Eastern Europe

·       Asia Pacific

·       Middle East and Africa (MEA)

·       Japan

Read more @ https://www.futuremarketinsights.com/reports/wine-barrel-market

 

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