Global Commercial Beer Tap System Market Overview
The Commercial Beer Tap System Market Size was estimated at 2.0 (USD Billion) in 2022.The Commercial Beer Tap System Industry is expected to grow from 2.1(USD Billion) in 2023 to 3.4 (USD Billion) by 2032. The Commercial Beer Tap System Market CAGR (growth rate) is expected to be around 5.48% during the forecast period (2024 - 2032).
Key Commercial Beer Tap System Market Trends Highlighted
Key market drivers include rising consumer demand for craft beer, the growing popularity of on-premise dining, and the increasing adoption of contactless payment systems. Opportunities to be explored include the development of smart beer taps that offer real-time data insights and the expansion of the market into emerging regions.Recent trends in the commercial beer tap system market include the rise of self-serve beer taps, the integration of mobile payment systems, and the adoption of IoT-enabled taps that allow for remote monitoring and control. These trends are driven by the growing demand for convenience, personalization, and efficiency in the hospitality industry.Key market players are investing in research and development to enhance the functionality and appeal of their products. They are focusing on developing taps that offer a wider range of beer options, improved temperature control, and reduced maintenance requirements. The market is expected to witness continued growth in the coming years, driven by the increasing popularity of craft beer and the rising demand for on-premise dining.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Beer Tap System Market Drivers
Rising Demand for Craft Beer
With the growing popularity of craft beer, there is increasing demand for commercial beer tap systems. Craft beers are often brewed in smaller batches and have a higher alcohol content than traditional beers, making them well-suited for serving on tap. These systems allow bars and restaurants to offer a wider variety of beers to their patrons, which can help them attract and retain customers. Additionally, the popularity of craft beer has resulted in the opening of more and more breweries and brewpubs, further increasing demand for commercial beer tap systems.
Increasing Adoption of Smart Tap Technology
Smart tap technology is rapidly gaining popularity in the market of commercial beer tap systems. The respective taps have sensors that are capable of tracking the amount of beer poured, the temperature of the poured beer, and other similar characteristics. The data collected in such a way can be used to increase the efficiency of beer pouring and decrease waste. Smart taps can be connected to POS systems; in this way, bars and restaurants managing those combined systems can track their sales and their remaining beer stock in real-time.Undoubtedly, an increasing number of businesses matching this description will appear, so the adoption of smart taps will stimulate the growth of the commercial beer tap system market in the future.
Growing Popularity of Self-Serve Beer Taps
Self-serve beer taps are beginning to be more and more often found in the country’s bars and restaurants. Self-serve beer tap allows guests to pour themselves beer, which can save time and money for both the drinker and the establishment owner. In addition, customers can try different brews before pouring a full one. With this, the use of commercial beer tap systems is expected to increase in the near future due to the growing popularity of self-serve beer taps.
Commercial Beer Tap System Market Segment Insights
Commercial Beer Tap System Market Beer Type Insights
The Commercial Beer Tap System Market is segmented by Beer Type into Lager, Ale, Stout, IPA, and Craft Beer. Lager is the most popular beer type globally, accounting for over 50% of the market share. It is a light, refreshing beer with a crisp, clean taste. Lager is typically brewed with bottom-fermenting yeast, which results in a beer with a lower alcohol content and a smoother flavor. Ale is the second most popular beer type globally, accounting for around 25% of the market share. It is a full-bodied, flavorful beer with a hoppy aroma. Ale is typically brewed with top-fermenting yeast, which results in a beer with a higher alcohol content and a more complex flavor.Stout is a dark, creamy beer with a roasted flavor. It is typically brewed with roasted barley, which gives it its distinctive color and flavor. Stout is a popular choice for winter drinking, as it is a warming and comforting beer. IPA (India Pale Ale) is a hoppy, bitter beer that originated in England. It is typically brewed with a high number of hops, which gives it its characteristic flavor. IPA is a popular choice for craft beer drinkers, as it is a flavorful and complex beer. Craft Beer is a term used to describe beer that is brewed by small, independent breweries.Craft beers are often more flavorful and complex than mass-produced beers, as they are brewed with a greater variety of ingredients and techniques. The market's growth is being driven by the increasing popularity of craft beer and the growing demand for convenient and efficient beer dispensing systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Beer Tap System Market Tap System Type Insights
The Commercial Beer Tap System Market is segmented by Tap System Type into Gravity-Dispense, Mechanical-Dispense, Electric-Dispense, and Pneumatic-Dispense. In 2023, the Gravity-Dispense segment held the largest market share of 35%, while the Electric-Dispense segment is projected to grow at the highest CAGR of 7.5% during the forecast period 2023-2032. Gravity-dispense systems are the most traditional type of tap system, relying on gravity to dispense beer from a keg. Mechanical-dispense systems use a mechanical pump to move beer from the keg to the tap, and Electric-Dispense systems use an electric pump to do the same.Pneumatic-dispense systems use compressed air to move beer from the keg to the tap. The growth of the Electric-Dispense segment is attributed to the increasing popularity of self-serve beer taps in bars and restaurants. Self-serve beer taps allow customers to pour their own beer, which can lead to increased sales and profits for businesses. Additionally, Electric-Dispense systems are more efficient than other types of tap systems, as they can dispense beer more quickly and with less waste.
Commercial Beer Tap System Market Material Insights
The Material segment plays a significant role in the Commercial Beer Tap System Market. Stainless Steel holds a dominant position in the segment, accounting for over 40% of the market revenue in 2023. Its durability, corrosion resistance, and ease of cleaning make it the preferred choice for commercial beer tap systems. Chrome, with its shiny and aesthetic appeal, captures a notable market share, particularly in high-end establishments. Brass, known for its strength and traditional look, remains popular in certain regions and applications.Plastic, with its cost-effectiveness and lightweight properties, finds its niche in budget-oriented establishments. Ceramics, though less common, offers unique aesthetic advantages and is gaining traction in specialty applications. The Commercial Beer Tap System Market is expected to witness a steady growth rate in the coming years, with the Material segment continuing to drive market expansion and innovation.
Commercial Beer Tap System Market Capacity Insights
The Commercial Beer Tap System Market is segmented by capacity into single-tap, double-tap, multi-tap, and tower-tap systems. Among these, the multi-tap segment is expected to hold the largest market share in 2023, accounting for over 40% of the revenue. This is attributed to the growing popularity of craft beers and the increasing demand for a wider variety of beers on tap at bars and restaurants. The single-tap segment is expected to witness the fastest growth rate over the forecast period, driven by the rising popularity of home bars and the increasing number of small businesses entering the craft beer industry.
Commercial Beer Tap System Market Regional Insights
The commercial beer tap system market is segmented into five regions – North America, Europe, APAC, South America, and MEA. In 2023, North America held the largest share of the market, with a revenue of USD 690 million. The region is expected to witness significant growth in the coming years, owing to the increasing popularity of craft beer and the rising number of bars and restaurants. Europe is the second-largest market for commercial beer tap systems, with a revenue of USD 550 million in 2023. The region is expected to witness steady growth in the coming years, driven by the increasing adoption of advanced beer dispensing technologies.APAC is the third-largest market for commercial beer tap systems, with a revenue of USD 420 million in 2023. The region is expected to witness robust growth in the coming years, owing to the increasing disposable income and the growing popularity of beer among young consumers. South America and MEA are relatively smaller markets for commercial beer tap systems, with revenues of USD 210 million and USD 130 million, respectively, in 2023. However, these regions are expected to witness significant growth in the coming years, owing to the increasing urbanization and the growing demand for beer.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Beer Tap System Market Key Players And Competitive Insights
Major players in the Commercial Beer Tap System Market industry are continuously innovating in order to meet the increasing demand for advanced and efficient beer tap systems. Leading Commercial Beer Tap System Market players are focusing on developing new products with enhanced features to meet the specific requirements of bars, restaurants, and other commercial establishments. The Commercial Beer Tap System Market industry is becoming increasingly competitive, and companies are adopting various strategies to gain a competitive edge. This includes expanding their product portfolio, investing in research and development, and forming strategic partnerships.One of the leading companies in the Commercial Beer Tap System Market is Perlick Corporation. The company offers a wide range of beer tap systems for various applications, including bars, restaurants, and home use. Perlick's beer tap systems are known for their high quality, durability, and innovation. The company also provides a range of services, including installation, maintenance, and repair.Another major player in the Commercial Beer Tap System Market is Micro Matic USA. The company offers a wide range of beer tap systems, including draft beer dispensing equipment, beer taps, and accessories. Micro Matic USA's beer tap systems are known for their reliability, ease of use, and cost-effectiveness. The company also provides a range of services, including installation, maintenance, and repair.
Key Companies in the Commercial Beer Tap System Market Include
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Shandong Bohai Beer Equipment Co., Ltd.
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Avery WeighTronix
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Changzhou Linsheng Beer Equipment Co., Ltd.
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Jiangsu Freestep Beer Equipment Co., Ltd
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Micro Matic USA, Inc.
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Jiangsu Yongjia Beer Equipment Manufacturing Co., Ltd
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ZinCo
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Shanghai Zenith Wine Equipment Technology Co., Ltd.
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Jiangsu Weihua Machinery Co., Ltd
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Zhejiang Yongjia Beer Equipment Manufacturing Co., Ltd
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Jiangsu J Equipment Technology Co., Ltd
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Shandong Jinan Jinpeng Beer Equipment Co., Ltd.
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Shandong Weihua Machinery Co., Ltd
Commercial Beer Tap System Market Industry Developments
The commercial beer tap system market has witnessed several recent developments and current affairs shaping its landscape. In 2023, the market was valued at USD 2.1 billion, projected to reach USD 3.4 billion by 2032, exhibiting a CAGR of 5.48%. Technological advancements, such as the integration of IoT and touchless dispensing systems, are driving market growth. Sustainability initiatives, including the adoption of eco-friendly materials and energy-efficient designs, are also gaining traction. Notable industry collaborations and acquisitions are shaping the competitive landscape. For instance, in 2023, Cornelius and Micro Matic merged to form a leading provider of beverage dispensing solutions. Additionally, the growing popularity of craft beer and the expansion of the hospitality sector are contributing to the market's growth prospects.
Commercial Beer Tap System Market Segmentation Insights
Commercial Beer Tap System Market Beer Type Outlook
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Lager
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Ale
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Stout
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IPA
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Craft Beer
Commercial Beer Tap System Market Tap System Type Outlook
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Gravity-Dispense
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Mechanical-Dispense
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Electric-Dispense
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Pneumatic-Dispense
Commercial Beer Tap System Market Material Outlook
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Stainless Steel
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Chrome
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Brass
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Plastic
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Ceramic
Commercial Beer Tap System Market Capacity Outlook
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Single-Tap
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Double-Tap
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Multi-Tap
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Tower-Tap
Commercial Beer Tap System Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Commercial Beer Tap System Market Report Scope
| Report Attribute/Metric |
Details |
| Market Size 2022 |
2.0(USD Billion) |
| Market Size 2023 |
2.1(USD Billion) |
| Market Size 2032 |
3.4(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.48% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Shandong Bohai Beer Equipment Co., Ltd., Avery WeighTronix, Changzhou Linsheng Beer Equipment Co., Ltd., Jiangsu Freestep Beer Equipment Co., Ltd, Micro Matic USA, Inc., Jiangsu Yongjia Beer Equipment Manufacturing Co., Ltd, ZinCo, Shanghai Zenith Wine Equipment Technology Co., Ltd., Jiangsu Weihua Machinery Co., Ltd, Zhejiang Yongjia Beer Equipment Manufacturing Co., Ltd, Jiangsu J Equipment Technology Co., Ltd, Shandong Jinan Jinpeng Beer Equipment Co., Ltd., Shandong Weihua Machinery Co., Ltd |
| Segments Covered |
Beer Type, Tap System Type, Material, Capacity, Regional |
| Key Market Opportunities |
Microbrewery proliferationGrowing demand for premium beer experiencesIncreasing adoption of digital technologiesExpansion into emerging marketsFocus on sustainability |
| Key Market Dynamics |
Increasing demand for craft beerGrowing popularity of self-serve beer systemsTechnological advancements in tap systemsRising disposable income in emerging marketsExpansion of the hospitality and tourism industry |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Commercial Beer Tap System Market is expected to reach a valuation of USD 3.4 Billion by 2032, expanding at a CAGR of 5.48% from 2024 to 2032.
North America and Europe are the dominant regions in the Commercial Beer Tap System Market. However, Asia Pacific is anticipated to emerge as the fastest-growing region owing to the growing number of breweries and increasing consumption of craft beer.
Commercial Beer Tap Systems are primarily utilized in bars, restaurants, pubs, and breweries to dispense beer. They are also gaining popularity in residential settings for home bars and entertainment areas.
Prominent players in the Commercial Beer Tap System Market include AB InBev, The Coca-Cola Company, Heineken NV, Carlsberg Group, and Molson Coors Beverage Company.
The increasing popularity of craft beer, the rising demand for on-tap beer, and the growing adoption of automated dispensing systems are significant factors propelling the growth of the Commercial Beer Tap System Market.
The fluctuating prices of raw materials, intense competition, and the impact of government regulations on the alcohol industry are some of the primary challenges faced by the Commercial Beer Tap System Market.
The increasing integration of technology, the adoption of sustainable practices, and the growing demand for personalized beer experiences are emerging trends shaping the Commercial Beer Tap System Market.
The COVID-19 pandemic had a significant impact on the Commercial Beer Tap System Market due to the closure of bars and restaurants. However, the market is expected to recover as the hospitality industry reopens and consumer confidence returns.
The Commercial Beer Tap System Market is anticipated to maintain a steady growth trajectory in the coming years. The increasing popularity of craft beer and the growing adoption of on-tap beer systems are expected to drive market expansion.
The rising demand for premium beer experiences, the expansion of the craft beer industry, and the growing popularity of beer festivals present significant growth opportunities for the Commercial Beer Tap System Market.
