According to the latest report by IMARC Group, titled "Wine Packaging Market Report by Material Type (Glass, Plastic, Metal, Paper Board, and Others), Packaging Type (Bottles, Bag-in-Box, Aseptic Cartons, Bulk Packaging (IBCs, Flexitanks and Drums), and Others), and Region 2024-2032," the global wine packaging market reached a value of US$ 3.3 Billion in 2023. Wines are alcoholic beverages that are commonly packed and sold in packaging solutions available in numerous sizes, materials and formats. They are affordable, convenient to use as well as enhance the visual appeal of the packaged products. Commonly packed in glass bottles, plastic bottles, cartons, boxes and cans, they are durable in nature and are branded with an attractive design and logo of the company. They widely involve the usage of etched glass, twist-off corks, bottle wraps, thinner eco-glass, laser-cut labels, and shrink-wrap sleeves.
Global Wine Packaging Market Trends:
The global market is majorly driven by the increasing consumption of alcohol by individuals. With the hectic lifestyles led by the masses, inflating per capita income levels and their shifting lifestyle preferences, there has been a rise in the preference for social drinking across the globe. This, along with the increasing demand for luxury and high-end alcoholic beverages, is expected to provide an impetus to the market growth. Also, single-serve wine containers are gaining widespread prominence among consumers as these packaging solutions provide enhanced convenience and easy handling. Furthermore, numerous players are utilizing advanced graphics to improve the aesthetic appeal of their packaging. They are also equipping QR codes with wine labels that enable them to offer crucial information in one place without cluttering the physical label of the beverage. Besides this, an enhanced focus on sustainable development has led players to launch wine packaging that is made from eco-friendly and sustainably sourced products. Some of the other factors contributing to the market growth include rising demand for product premiumization and easy product availability through online retail channels. On account of the aforementioned factors, the market is expected to grow at a CAGR of 4.5% during 2024-2032.
Market Summary:
- On the basis of the material type, the market has been divided into glass, plastic, metal, paper board, and others.
- Based on the packaging type, the market has been classified into bottles, bag-in-box, aseptic cartons, bulk packaging (IBCs, flexitanks and drums), and others.
- On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Amcor Limited, Ardagh Group, Ball Corporation, Encore Glass, G3 Enterprises, Guala Closures, International Paper, Maverick Enterprises Inc. (Sparflex SA), Owens-Illinois Group and Scholle Ipn Corporation.
Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Material Type, Packaging Type, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Amcor Limited, Ardagh Group, Ball Corporation, Encore Glass, G3 Enterprises, Guala Closures, International Paper, Maverick Enterprises Inc. (Sparflex SA), Owens-Illinois Group and Scholle Ipn Corporation |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal