Wine Packaging Market - Forecast for Next 5 Years of Various Segments Along With Detailed Analysis of the Market Structure

There has been various changes in the way wine is packaged and sold. Due to the increased popularity, the packaging companies such as Ardagh Group, Global Package LLC, Ball Corporation, Owens-Illinois, Inc., and others invest heavily in the aesthetic values, material and unique price points.

In November 2017, IPL Packaging launched new techniques, and materials which are expected to push the boundaries of luxury wine packaging in order to tap the fast changing consumer perception. In this way, IPL Packaging has been able to create packaging for several Treasury Wine Estates (TWE) brands that require packaging and represents the luxury wine market.

There are various alternative packaging available for branded wine offerings. In contrast, the beverage carton (TetraPak, SIG) is favoured by price-sensitive wine consumers purchasing economy variants. The other developments such as introduction of smaller and convenient packaging of 150-180 ml and 330 ml. This has revolutionized the wine packaging format and has also come new price points.

Global wine packaging market is expected to grow at ~5.5% CAGR during the forecast period.

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Market Scenario:

The packaging manufacturers across the globe are highly concentrating on improvising the distribution process, via economies of scales. These economies of the scales are primarily monitored across the wine packaging manufacturers, to optimize the assets available to the manufacturers. Globally, the wine packaging manufacturers are immensely concentrating on providing eco-logical solutions such as sustainable packaging and environment-friendly packaging. Moreover, the growing need to increase the packaging safety concerns among the consumers is propelling the demand for ancillary wine packaging such as carton partitions, trays, racks, boxes and barrels among others. These factors are highly fueling the demand across the wine packaging manufacturers operating in the prominent wine producing countries across the globe.

The wine packaging industry is unswervingly allied to the wine manufacturing industry. The wine market has witnessed phenomenal growth over the recent years and is expected to retain this over the forecast period, owing to several benefits associated with the wine, namely taste and health aids. The health-conscious inhabitants have emerged as one of the largest consumers across the globe, leading to a larger wine production, consistently driving the wine packaging market. Moreover, wine is recognized as the favored drink on numerous occasions, owing to the high availability of its extensive selection catering to assorted audience groups. However, the growing stringent government regulations and environmental concerns related to some of the packaging raw materials might act as restraints to the market growth. In contrast to these factors, companies along the packaging and wine producers are highly focusing on new material innovation to comply with the modern ecological standards.

Key Players

The key players of global Wine Packaging market are Amcor Limited (Australia), Ardagh Group SA (Ireland), Avery Dennison Corporation (U.S.), Ball Corporation (U.S.), CCL Industries Incorporated (Canada), Encore Glass Incorporated (U.S.), Exal Group (U.S.), and G3 Enterprises Incorporated (U.S.). Hoover Container Solutions Incorporated (U.S.), Enoplastic SPA (Italy), Maverik Enterprises Incorporated (U.S.), Multi-Color Incorporation (U.S.), Owens-Illinois Group Incorporated (U.S.), Smurfit Kappa Group (Ireland), and Gerresheimer Moulded Glass GmbH (Germany) are among others.

Global Wine Packaging Market - Segments

Global Wine Packaging Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.

Segmentation By Container : Comprises – Glass bottles, plastic bottles, bag in box container and others

Segmentation By Bulk Packaging Type : Comprises – IBCs, Flexitanks, Drums others

Segmentation By Bulk Packaging Type : Comprises – Natural corks, aluminum screw caps, synthetic corks, and others

Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World

Global Wine Packaging Market - Regional Analysis

North America is expected to witness the fast growth of wine as the people in the region are more inclined towards alcoholic beverages. The demand for wine packaging in the region is also expected to be driven, owing to factors such as demographic shifts and increase in global population. In US, demand for wine packaging will increase as new alternate packaging will continue to outpace rigid types of packaging.

U.S. and Canada both contribute largely to the market size of wine packaging in the North America. The consumption of wine across all price points along with investment in packaging of the same. The region has seen introduction of various types of packaging such as single, goblet pack, and others. This has induced the demand packaging materials across wine packaging companies.

Furthermore Asia Pacific has emerged as a fast growing market for wine packaging. Lately with increase in youth population and popularity of alcohol consumption, there has been an expansion in the packaging industry catering to the wine industry. On account of favorable socio- economic factors such as changing eating & drinking habits, higher purchasing power, urbanization, increasing health consciousness, India has witnessed an increase in demand for wine.

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Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators

Geographic Analysis
• Geographical analysis across 15 countries

Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies

Brief TOC :

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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