Global Whiskey Warehousing Market Size, Drivers, Trends, Opportunities And Strategies – Includes Whiskey Warehousing Market Share
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Growing alcoholic beverage consumption is likely to promote innovation in whisky warehousing manufacturing, propelling the market during the forecast period.
The global whiskey warehousing market is expected to grow from $7.45 billion in 2022 to $8.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The global whiskey warehousing market size is expected to reach $11.50 billion in 2027 at a CAGR of 8.9%.
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Global Whiskey Warehousing Market Segments Include:
- By Whiskey Type: Scotch, Bourbon, Irish Whiskey, Canadian Whiskey, Japanese Whisky, Others
- By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
- By Distribution Channel: On-Trade, Off-Trade
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global whiskey warehousing market in 2021.
Major Market Players in the whiskey warehousing market include Diageo Plc, William Grant & Sons Ltd, Brown–Forman Corporation, Allied Blenders and Distillers (ABD) Ltd., Bacardi Limited, Constellation Brands, Inc., Pernod Ricard, Angus Dundee Distillers PLC.
In the whisky warehousing industry, technological developments have emerged as a prominent trend that is gaining traction. To maintain their market position, major firms in the whisky warehouse industry are introducing innovative technologies such as enhanced coating technologies, whisky storage solutions, and others. For example, Devil’s Cask LLC, a US-based producer of technologies and innovations for the barrel-aged spirits industry, created Aegis Coating in March 2023, a patent-pending product that coats the exteriors of whisky barrels with a silicone-like material to minimise leaks and the angel’s share. The coating dramatically reduces the amount of ethanol and water that evaporates from the cask without appreciably affecting the flavour character of the maturing spirit.
The Whiskey Warehousing Global Market Report 2023 provides a whiskey warehousing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The whiskey warehousing market forecast analyzes whiskey warehousing market size, whiskey warehousing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Whisky warehousing is a term used by whisky producers to describe a facility where whisky barrels are stored. The warehousing facility is utilised to allow the distilled alcohol to mature in oak barrels for a longer period of time, allowing the whisky to develop its particular flavour and aroma.
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