Wine Packaging Market Expected to Secure Notable Revenue Share Between 2022 and 2030 – SMU Daily Mustang

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Global Wine Packaging Market: By Type of Packaging (Glass, Plastic, Metal, and Paperboard), by Closure (Aluminum Screw Caps, Synthetic Corks, and Natural Corks) and by Region – Size, Growth, Trend, Opportunity and Global Industry Forecast (2021-2027)

The Wine Packaging Market report covers an in-depth analysis of market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by key market players operating in the market. global scale. It involves an in-depth analysis of factors influencing the global market and market statistics indicating market share/growth analysis by region and segment. The report study will present one of the most comprehensive analyzes in the market, capturing all aspects of the Wine Packaging industry.

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Wine Packaging Industry Outlook

The global wine packaging market size was valued at USD 3.7 Billion in 2020, and is projected to reach USD 6.1 Billion by 2027, registering a CAGR of 4.8% during the forecast period (2021-2027). Wine is best known for boosting immunity, reducing the risk of stroke and more. This increases the demand for wine among health conscious consumers. The wine packaging market has therefore started gaining momentum with the increase in wine consumption. Different types of wine are available in the market such as red wine, white wine, sparkling wine and others.

Factors affecting the Wine Packaging Market over the forecast period:

In the wine packaging market, the preferred material is glass. It protects it from contamination or any physical contact; therefore, a considerable share is covered by glass packaging in the wine packaging market.

Wine packaging mainly choose their bottles to be attractive, and so it is simple to shape the glass as desired, and the finish appears crystal clear on it. Moreover, the glass can be sized differently depending on the choice, which is also a major advantage of glass wine packaging over other packaging materials.

Stricter regulations for the use of certain packaging raw materials will hamper the growth of the market globally.

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Impact of COVID-19 on the Wine Packaging market:

COVID-19 affects the person’s immune system, causing decreased immunity and weakness. Wine is known to provide several health benefits including boosting immunity. This fact has therefore increased the demand for wine as it has a low ABV content and has been consumed a lot by health conscious consumers. Therefore, the demand for the wine packaging market has gradually increased as wine consumption has increased amid the COVID-19 outbreak.

Report scope

The report describes the global wine packaging market based on packaging type and closure.

The wine packaging market has been segmented on the basis of packaging type –

  • Glass
  • Plastic
  • Metal
  • Cardboard

The wine packaging market has been segmented on the basis of closing –

  • Aluminum screw caps
  • Synthetic corks
  • Natural corks

Wine packaging market: regional outlook

The wine packaging market has been segmented into five geographical regions, namely North America, Asia-Pacific, South America, Europe, Middle East and Africa. In 2020, North America held the largest global wine packaging market share, followed by Europe and Asia-Pacific. It is further estimated that North America will dominate the wine packaging market over the forecast period. Moreover, Asia-Pacific is expected to project the highest CAGR in the global market during the forecast period.

Leading Competitors in the Global Wine Packaging Market include-

The wine packaging market has a presence of few market players across the globe. Key Wine Packaging Market players operating in the global market include–

  • Amcor Limited
  • Ardagh Group SA
  • Avery Dennison Company
  • ball company
  • CCL Industries Incorporated
  • Glass Still Incorporated
  • Enoplastic SPA
  • Exal Group
  • G3 companies incorporated
  • Gerresheimer Molded Glass GmbH (Germany)
  • Hoover Container Solutions Incorporated
  • Maverik Enterprises Incorporated
  • Multicolor embedding
  • Owens-Illinois Group Incorporated
  • Smurfit Kappa Group.

The Wine Packaging Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes the entries.

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Wine Packaging Market Report Covers Comprehensive Analysis on:

  • Market Segmentation and Regional Analysis
  • 10 year market size
  • Price analysis
  • Supply and demand analysis
  • Product life cycle analysis
  • Porter’s Five Forces and Value Chain Analysis
  • Analysis of developed and emerging economies
  • PEST analysis
  • Factor analysis of the market and forecasts
  • Opportunities, risks and market trends
  • Conclusion and recommendation
  • Regulatory landscape
  • Patent Analysis
  • Competition Landscape
  • More than 15 company profiles

Wine Packaging Market Regional Analysis Includes:

  • North America (United States, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA

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Wine packaging market: target audience

  • wine makers
  • Wine merchants and distributors
  • Research and development institutes
  • Potential investors
  • raw material suppliers
  • Nationalized laboratories
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