Canned Wine Market Size Worth $155.1 Million By 2027 | CAGR: 10.4%: Grand View Research, Inc.

Key suggestions from the report: Key suggestions from the report: Read 80 page research report with ToC on "Canned Wines Market Size, Share & Trends Analysis Report By Product (Sparkling, Fortified), By Distribution Channel (On-trade, Off-trade, Online Retail), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/canned-wines-market   North Americaemerged as the largest regional market for canned wines with a share of more than...

Key suggestions from the report:

Read 80 page research report with ToC on "Canned Wines Market Size, Share & Trends Analysis Report By Product (Sparkling, Fortified), By Distribution Channel (On-trade, Off-trade, Online Retail), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/canned-wines-market 

North America emerged as the largest regional market for canned wines with a share of more than 35.0% in 2019 owing to increasing number of households participating in camping as an outdoor recreational activity. According to the statistics provided by the 2019 North American Camping Report, the number of camping households in U.S. increased by 1.4 million from 2017 to 2018. Moreover, major players in the market are launching new products in order to increase the booze tourism in the region.

The market is slightly fragmented owing to the presence of a number of domestic as well as international players across the globe. Moreover, major players are adopting various market strategies in order to capture greater market share. For instance, in March 2020, Integrated Beverage Group (IBG) announced the acquisition of Ransom Wine Co. & Distillery.

Grand View Research has segmented the global canned wine market on the basis of product, distribution channel, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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