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Daily Newsletter

24 August 2023

Daily Newsletter

24 August 2023

Royal Unibrew plans to up prices again despite fall in underlying volumes

The Faxe brand owner booked a 6% increase in organic net revenues for the opening half of the year but reported a 3% fall in underlying volumes.

Conor Reynolds August 23 2023

Credit: Royal Unibrew

The Faxe brand owner booked a 6% increase in organic net revenues for the opening half of the year but reported a 3% fall in underlying volumes.

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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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