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Wine Packaging Market Analysis and Prediction by Leading Manufacturers, Its Application and Types with Region by 2024

Wine Packaging

The report focuses on the favorable Global “Wine Packaging market” and its expanding nature. The Wine Packaging market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The global wine packaging market was valued at USD 21.46 billion in 2018, and is expected to reach USD 25.11 billion by 2024, registering a CAGR of 2.65% over the forecast period of (2019-2024). QR Codes included on the wine label are coming in trends. These codes provide an easy and efficient way for consumers to link directly to a company website, email address, or even an online video. Also the double layer wine bottle are coming in trends, which keeps wine cold by providing an insulating layer removing the need to put the bottle back in the fridge. This bottle has already been adopted by German winery Wasem.
  • – Use of BiB (Bag in box) wine packaging is a key driver for the market as it is made of a multi-layered flexible film that are physically resistant and a barrier against gases and the wine contained in the bag can be consumed gradually as the residual product is protected from contact with the air.
  • – As wine is recognized as the favored drink on numerous occasions, owing to the high availability of its extensive selection catering to particular audience groups is driving the market at a steady growth.
  • – Growing stringent government regulations and environmental concerns related to some of the packaging raw materials might act as restraints to the market growth.

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    Key Manufacturers

  • Amcor Limited
  • Ardagh Group S.A.
  • Avery Dennison Corporation
  • Ball Corporation
  • CCL Industries Inc.
  • Encore Glass, Inc
  • Exal Group
  • G3 Enterprises Incorporated
  • International Paper Company
  • Hoover Container Solutions Incorporated
  • Enoplastic S.p.a
  • Sparflex SA (Maverik Enterprises Incorporated)
  • Multi
  • Color Incorporation (Platinum Equity LLC )
  • Owens
  • Illinois Group, Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Wine Packaging market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Wine Packaging market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Wine Packaging market have also been involved in the study.

    Scope of the Report:

  • Wine packaging market studies owing to health awareness, the millennial population has turned out to be the largest consumers of wine worldwide. Glass bottles will remain dominant but will face increasing competition from alternative formats and sizes, such as aseptic cartons, cups and goblets, single-serving plastic bottles, aluminum cans and bag-in-box packaging.

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    TOC of Wine Packaging Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Wine Packaging market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Wine Packaging Market Report Covered:

    • The report analyses how Wine Packaging market will grow in the future.
    • Analyzing various perspectives of the Wine Packaging market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Wine Packaging market shares and policies employed by the major market players.
    • Competitive landscape including the Wine Packaging market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Wine Packaging market players

    Key Market Trends:

    Glass Packaging to Hold Largest Market Share

    – Glass is considered an effective material for wine packaging as it provides protection against external chemical, biological, and physical influences, also glass can be recycled a number of times without losing its durability or quality. Glass is expected to account for a major proportion of the wine packaging market.
    – Diversity of color, shape, printing, and finishing options are some of the factors fueling product demand in the wine industry. The other major advantage of glass packaging is that it can be molded into various shape and sizes, facilitating its use across different industry verticals.
    – Increasing disposable income of working population, improving lifestyles, and rising consumer spending on lifestyle products and activities are expected to drive the demand for wine market and prevalent liquor consumption. It is attracting various domestic and international beer manufacturers to expand their footprint in the liquor market.
    – Therefore, as glass bottles are mostly used for wine packaging, with increasing wine consumption, glass bottles will also ewitness an increase in their usage, globally.

    North to Account for a Major Share

    – The North n market is rising due to above average growth of US wine production.
    – The market is growing due to benefit from continued favorable gains in domestic wine consumption and production and increases in disposable personal income. In the US, wine is being consumed more at the time of meals at home rather than drinking at restaurants or special events.
    – Wine containers are experiencing rapidly increasing diversity in terms of package formats and sizes. Cork demand will also benefit from the stronger cultural preference in the US than in many other countries, though growing competition from alternative packaging formats can limit its usage.
    – Glass bottles are by far the leading wine container type in US, but glass will continue to lose market share to a growing array of alternative package formats, such as bag in box, plastic bottles, plastic cups, etc.

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    Study objectives of Wine Packaging Market Report:

    • To provide a detailed analysis of the market structure along with the Wine Packaging market forecast of various segments and sub-segments of the Wine Packaging market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Wine Packaging market trends that influence the global Wine Packaging market

    Detailed TOC of Wine Packaging Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Bag in Box Wine Packaging Due to Multi-Layered Flexible Film
    4.3.2 Consumer Preferences with Favoured Drink in Occasions
    4.4 Market Restraints
    4.4.1 Growing Stringent Government Regulations in Raw Material Packaging
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Packaging Material
    5.1.1 Glass
    5.1.2 Plastic
    5.1.3 Metal
    5.1.4 Paper Board
    5.1.5 Other Packaging Materials
    5.2 By Type of Packaging
    5.2.1 Bottles
    5.2.2 Bag in Box
    5.2.3 Aseptic Cartons
    5.2.4 Other Packaging Types
    5.3 Geography
    5.3.1 North
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Amcor Limited
    6.1.2 Ardagh Group S.A.
    6.1.3 Avery Dennison Corporation
    6.1.4 Ball Corporation
    6.1.5 CCL Industries Inc.
    6.1.6 Encore Glass, Inc
    6.1.7 Exal Group
    6.1.8 G3 Enterprises Incorporated
    6.1.9 International Paper Company
    6.1.10 Hoover Container Solutions Incorporated
    6.1.11 Enoplastic S.p.a
    6.1.12 Sparflex SA (Maverik Enterprises Incorporated)
    6.1.13 Multi-Color Incorporation (Platinum Equity LLC )
    6.1.14 Owens-Illinois Group, Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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