Wine Barrel Market Outlook: Development Factors, Latest Opportunities and Forecast 2023

New York, NY -- (SBWire) -- 11/05/2018 --This report studies the Wine Barrels market. Some wines are fermented "on barrel", as opposed to in a neutral container like steel or wine-grade HDPE (high-density polyethylene) tanks. Wine can also be fermented in large wooden tanks, which—when open to the atmosphere—are called "open-tops". Other wooden cooperage for storing wine or spirits range from smaller barriques to huge casks, with either elliptical or round heads.

Europe accounted for the largest market share of wine barrel market and is expected to remain dominant over the forecast period from 2017 to 2025. This is due to the rapidly growing parent market of wine in the Europe. North America is the second largest region to account for maximum market share of the overall wine barrel market and has also registered a significant growth rate in terms revenue due to increasing demand of wine.

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Our analysts estimated that less than 5% of wine production uses a barrel. Of the major players of Wine barrels, TTF accounted for 23.38 % of the Global Wine barrels revenue market share in 2017. Other players accounted for 5.51%, 4.71%, including Oeneo and Nadalie.

Over the next five years, Publisher projects that Wine Barrel will register a 5.3% CAGR in terms of revenue, reach US$ 1050 million by 2023, from US$ 770 million in 2017.

In this report, Publisher covers the present scenario (with the base year being 2017) and the growth prospects of global Wine Barrel market for 2018-2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Wine Barrel market by product type, application, key manufacturers and key regions.

To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:

Segmentation by product type:
French Oak Wood
American Oak Wood
Others (Eastern European oak etc.)
Segmentation by application:
White Wine
Red Wine

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This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Tonnellerie Francois Freres (TFF)
Oeneo
Nadalie
World Cooperage
Bouchared Cooperages
G & P Garbellotto S.p.A
Canton Cooperage
The Barrel Mill
Kelvin Cooperage

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Wine Barrel consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Wine Barrel market by identifying its various subsegments.
Focuses on the key global Wine Barrel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wine Barrel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wine Barrel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.