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Daily Newsletter

15 November 2023

Daily Newsletter

15 November 2023

Ecliptic Brewing scooped up by local peer Great Frontier Holdings

The Oregon brewer listed the “pandemic, rising cost of goods, supply chain issues and the overall economic climate” as reasons for the sale.

Henry Mathieu November 14 2023

Ecliptic Brewing’s Ice Giant IPA can on ice. Credit: Ecliptic Brewing / Facebook.

The Oregon brewer listed the “pandemic, rising cost of goods, supply chain issues and the overall economic climate” as reasons for the sale.

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Flavored alcoholic beverages forecasted to register the fastest growth within the alcoholic beverages packaging industry

The global alcoholic beverages packaging industry has grown to 445.4 billion units in 2022, with volumes forecasted to grow at a CAGR of ~2% by 2027. The Asia-Pacific represented the largest region in 2022, followed by the Americas. Glass was the most used pack material globally, followed by rigid metal and rigid plastics. Volume-wise, the industry was led by the beer & cider sector in 2022, while the flavored alcoholic beverages sector is forecast to register the fastest growth at a CAGR of 6.1% during 2022–27, followed by spirits and wine.

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