Kegs Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The kegs market size reached around USD 955.81 Million in 2024. The market is projected to grow at a CAGR of 2.30% between 2025 and 2034 to reach nearly USD 1.19 billion by 2034.

Global Kegs Market Growth

In 2022, global beer consumption was recorded at around 192.1 million kilolitres. This was a year-on-year growth of 2.9% from 2021. As per the market analysis, China remained the world’s largest beer-consuming nation for the 20 th consecutive year, while recording a 1.0% increase from 2021. Beer consumption in Japan also surged by 2.5%, along with nations such as Germany, the United Kingdom, and the United States. Overall, regional beer consumption in Asia surged by 4.9% year-on-year in 2022, which became the world’s largest beer consuming region in the world. This is expected to fuel the kegs market expansion worldwide over the forecast period.

Increasing coffee consumption, driven by the need to maintain high levels of energy at work, is expected to lead to an increase in the demand for sustainably manufactured kegs. Europe, in particular, is expected to witness a high demand for kegs, due to increasing coffee consumption among individuals. The UK consumes 95 million coffee cups in a day, with an average of 2 cups per person. Nearly 80% of British households enjoy having access to instant coffee, which is expected to boost the kegs market value in the coming years.

Key Trends and Developments

Integration of IoT in keg manufacturing; evolving consumer lifestyles; growth of the catering industry; and growth of the beverage industry are the major factors favouring the kegs market development

July 2024

i-Keg, a UK-based manufacturer of beverage storage solutions, is expected to launch a new range of kegs and casks made from polymers. These are stackable, lighter, quieter, and are comparatively easier to handle. They have no scrap value and are also theft-resistant, which makes them an ideal choice for the storage of beverages.

December 2023

SIVA Group, a leading family-owned business in India, launched a unique UHF RFID tag that enables breweries to track the movement of their metal containers like beer kegs, chemical drums, and gas cylinders across the supply chain network while ensuring their timely return for sterilisation and re-filling. This is expected to reduce the losses caused by Indian breweries, thereby leading to the kegs market growth.

September 2023

BinaryBeer, in collaboration with Asahi Europe & International, announced the introduction of a unique international smart keg deployment system which facilitates beer quality monitoring and keg location tracking. This is expected to advance the organisation’s path towards carbon neutrality.

August 2022

BLEFA GmBH entered into a 5-year service agreement with Aploena, a German facility management company for handling its production, operations, and maintenance-related services at its Siegen manufacturing and administrative site.

Integration of IoT in keg manufacturing

Modern keg manufacturers are focusing on integrating smart sensors and IoT devices into kegs to ensure optimum product quality and ensure seamless supply chain management.

Evolving consumer lifestyles

Post the COVID-19 pandemic, people have returned to old ways of their lifestyle. This has led to a surge in social gatherings and events and a rise in the consumption of alcoholic beverages, which is leading to the kegs market development.

Growth of the catering industry

While small catering companies make less than USD 250,000 per annum, large-size companies earn over USD 10 million in revenue. This highlights the thriving status of the catering industry, which is expected to contribute to the market expansion in the forecast period.

Growth of the beverage industry

The emergence of health and wellness trends, coupled with the transition towards sustainable packaging solutions, have complemented the growth of the beverage industry, which has accelerated the demand for kegs.

Global Kegs Market Trends

As per the International Caterers Association, nearly 68% of all catering companies globally reported revenue growth in 2023. This was largely driven by corporate events (34%), weddings (31%), galas (8%), and other types of events (14%). While in 2022, corporate events accounted for merely 25% of the businesses’ revenue, they became the highest source of revenue for 48% of caterers in 2023. This is expected to have a favourable influence on the kegs market dynamics. Moreover, as per industrial analysis, 85% of caterers worldwide expect revenues to increase post the COVID-19 pandemic, thereby driving the market growth.

Global Kegs Industry Segmentation

The report titled “Global Kegs Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by Material

• Plastic
• Tin
• Stainless Steel

Breakup by Capacity

• Up to 20L
• 20 L to 40 L
• 40 L to 60 L
• Above 60 L
• Others

Breakup by End Use

• Alcoholic Beverages
• Chemicals
• Non- Alcoholic Beverages
• Cooking Oil
• Others

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Kegs Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the Asia Pacific is expected to grow at a CAGR of 2.6% as a result of sustained beer consumption in countries such as China. Moreover, as per the kegs market analysis, technological advancements in kegs are also expected to drive the market growth in the upcoming years.

Leading Companies in the Global Kegs Market

Major players are expected to focus on utilising sustainable raw materials for manufacturing kegs, which is creating a favourable kegs market outlook.

BLEFA GmbH

BLEFA GmbH was founded in 1896 and is headquartered in North Rhine-Westphalia, Germany. It is one of the world’s largest suppliers of kegs for storing wine, beer, and other non-alcoholic beverages.

Julius Kleemann GmbH & Co. KG

Julius Kleemann GmbH & Co. KG was founded in 1875 and is headquartered in Germany. It is a family-owned company which specialises in the sustainable production of metal packaging solutions for food and beverage products.

The Metal Drum Company

The Metal Drum Company was founded in 1961 and is headquartered in Chilton, England. It is one of the leading manufacturers of steel drums in the United Kingdom.

Micro Matic A/S

Micro Matic A/S was founded in 1953 and is headquartered in Denmark. It specialises in the production of keg beer equipment and draft beer systems, among other industrial machinery.

Other players included in the kegs market report are Petainer Ltd., NDL Keg Europe, SCHÄFER Werke GmbH, Shinhan Industrial Co.,Ltd., NEW MAISONNEUVE KEG, and THIELMANN - The Container Company, among others.