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Wine Closures Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 | Amorim, MASilva, Cork Supply, Vinvention, Guala Closures Group

10-07-2021 10:27 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

During the projected period of 2021-2027, the "Wine Closures Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Wine Closures market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.

In accordance with the Wine Closures market is set to grow at a CAGR of 4.9% over the forecast period (2021-2027).

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Further, the vital analysis of this research consists of tests of marketplace dynamics, marketplace segmentation and geographical positioning, market proportion, deliver chain & industry demand, challenges and threats, and the aggressive landscape. The Wine Closures market covers entire study patterns of the longer-term market, also as major driving elements. It also includes an in-depth study of the highest major players, also as sector analyses.

Top Key players operating in the global Wine Closures market are:

Amorim, MASilva, Cork Supply, Vinvention, Guala Closures Group, Labrenta, DIAM, Precision Elite, Waterloo Container Company, AMCOR

Recent Development:

Amcor has acquired 19 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets. Amcor’s largest acquisition to date was in 2016 when it acquired Alusa S.A. for $435M. Its largest disclosed sale occurred in 2007 when it sold Amcor - European PET Business to La Seda de Barcelona SA for $479M. Amcor has acquired in 4 different US states, and 11 countries. The Company’s most targeted sectors include packaging (85%) and plastics (16%).

Guala Closures has acquired 3 companies. A total of 2 acquisitions came from private equity firms. Guala Closures’ largest acquisition to date was in 2011 when it acquired DGS SA for $90M. Guala Closures has been acquired in 3 countries. The Company’s most targeted sectors include packaging (67%) and manufacturing (34%).

Major Wine Closures Market Types covered are:

Cork
Screwcap
Plastic

Major Wine Closures Market Applications covered are:

Still Wine
Sparkling Wine

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The surge in Wine Consumption in Asia-Pacific and South American Regions

Asia-Pacific is leading in the demand for wine, with China dominating the market in the region. Notably, the consumption of red wine is more of a tradition in China, as the colour red is considered lucky in the country. Owing to this factor, China is one of the leading markets for red wine consumption, giving tough competition to France and Italy. Australia is second in the consumption of wine in Asia-Pacific, followed by Japan. Also, India is the fastest-growing country in terms of wine consumption and registered a growth rate of approximately 7%. The Philippines, South Korea, and Vietnam are the other potential wine-consuming markets in Asia-Pacific. Hong Kong has no import tax for wine, which is a driving factor for the market.

Regional Analysis of Global Wine Closures market:

The Wine Closures Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents: Wine Closures Market

- Chapter 1: outline of Wine Closures marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: advertising reputation research

- Chapter 11: marketplace file end

- Chapter 12: research technique and Reference

Impact of COVID-19 on the Wine Closures Market:

The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.

Customization Available: Global Wine Closures Market

The Global Wine Closures Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.

About Us:

Market intelligence data may be a global front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customised research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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