Wine Packaging Market 2020 | COVID-19 Analysis, Size, Opportunities, Top Players like Ardagh, Avery Dennison, Ball, Amcor and more - Forecast 2023

Summary

Wine Packaging Market Growth, 5.5% CAGR, Future Scope, Research Report and Industry Forecast by 2023 | Global Wine Packaging Market information by container (glass bottles, plastic bottles, bag in box container and others), bulk packaging (ibcs, flexitanks, drums), closure (natural corks, aluminum screw caps, synthetic corks) accessories (boxes & carriers, labels), global forecast to 2023

Wine Packaging Market – Overview

The consumption of wine has increased steadily over the past years and has subsequently added to the growth of the Wine Packaging Market. Reports that convey an understanding of the packaging and transport industry has been presented by Market Research Future, which creates reports on industry verticals that judge the market progress and options for growth. A CAGR of 5.5 % is expected to steer the market growth to a favorable outlook.

The rising need to ensure that the packaging used is ecofriendly is defining the trends of the Wine Packaging Market around the world. The diversification in packaging safety concerns is expected to motivate the Wine Packaging Market in the coming years. Also, the incorporation of novel materials in wine packaging boxes among others, is expected to drive the market for wine packaging in the coming years.

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Key Players

The notable contenders in the Wine Packaging Market are

Ardagh Group SA (Ireland)

Avery Dennison Corporation (U.S.)

Ball Corporation (U.S.)

Amcor Limited (Australia)

CCL Industries Incorporated (Canada)

Maverik Enterprises Incorporated (U.S.)

Encore Glass Incorporated (U.S.)

Exal Group (U.S.)

Multi-Color Incorporation (U.S.)

G3 Enterprises Incorporated (U.S.)

Hoover Container Solutions Incorporated (U.S.)

Enoplastic SPA (Italy)

Owens-Illinois Group Incorporated (U.S.) to name a few.

Industry Updates

Dec 2019 Garçon Wines, a London-based company, has produced a plastic wine bottle that is more ecological than their glass counterparts. Furthermore, the brand sources all of its materials from recycled PET plastic. The flat bottles are supposedly 87 % lighter than a glass bottle and each and every bottle can reduce upwards of 500 grams of carbon dioxide throughout a supply chain.

Wine Packaging Industry Segmental Analysis

The segmental overview of the wine packaging market is segmented based on container, bulk packaging type, closure, accessories, and region. Based on containers, the Wine Packaging Market is segmented into plastic bottles, glass bottles, bag in box container and others. On the basis of bulk packaging type, the Wine Packaging Market is segmented into IBCs, flexitanks, drums and others. On the basis of closure, the market for wine packaging is segmented into aluminum screw caps, synthetic corks, natural corks, and others. Based on the accessories, the Wine Packaging Market is segmented into labels, boxes & carriers, and others. On the basis of regions, the Wine Packaging Market is segmented into North America, Europe, Asia Pacific and other regions in the world.

Detailed Regional Analysis

The regional examination of the wine packaging boxes market is segmented into regions such as North America, Europe, Asia Pacific and other regions in the world. The demand for wine packaging raw material as well as the manufacturing of wine containers are highly elevated across the North American and European. The emergent wine intake across the North American and European region’s economies is impelling the consequent wine packaging boxes market. While, the evolution in wine consumption across main Asia Pacific nations with altering lifestyle and alcohol consumption designs, acts as an important factor for an upsurge in the wine packaging in this region.

Competitive Analysis

The enhancement of production resources is expected to create a favorable impetus for the advance of the market. The contenders in the market are crafting their strategy in a way that supports optimum profits and resource utilization. The improvement in international trade is expected to further develop the development of the market in the coming years. The amplification in a number of investments is predicted to motivate the market considerably in the coming years. The presence of apt investments or funding is expected to motivate the progress of the global market in the forecast period. The governmental bodies around the world are increasing their contribution to market development. The stabilization of export trends in the international market is expected to further encourage the market’s development in the coming period. The development of more integrated supply channels is anticipated to provide an upper hand to the market contenders in the forthcoming period.

Table Of Content

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

Continues…..

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