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The global wine packaging market is showing exponential growth and is expected to grow significantly in the coming years. Wine is highly demanded and consumed by consumers. Improving quality of wine plays an important role in its sales. Wine has become an essential need for life, owing to different health benefits. It is stored and packaged to ensure safe storage and increase its shelf life. Wine packaging helps the wine stay fresh for a longer period. There are different types of materials such as cardboard, glass, and metal. Glass bottles are mostly preferred and are found in different shapes. Glass bottles help to preserve wine for a longer period and increase its demand among consumers. Glass bottles are costly than cardboard boxes. Cardboard box wine packaging is recyclable and biodegradable. Such packaging uses less energy and is good for environment. They are found in different designs and shapes to enhance appearance to attract customers. The wine packaging is segmented on the basis of material, type of packaging, sales channel, and region.Â
COVID-19 Scenario Analysis:Â
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Rise in consumption of wine and increase in awareness about benefits of wine are the key factors that drive growth of the global wine packaging market. Further, diversity in color, size, shapes, and use of package material that is easily degradable has also increased demand for wine packaging. In addition, increase in disposable income, increase in working population, and improvement in living standards have increased growth of the global wine packaging market.
However, cost of raw materials such as glass bottles hamper growth of the global market. Glass bottles are highly used in wine packaging, which are fragile and can easily be broken, in turn, hampers demand for glass wine packaging. Moreover, increase in use of cardboard boxes in wine packaging has created an opportunity for growth of the global market. New technologies that enhance packaging quality and make it more lightweight has increased growth of wine packaging. Companies are taking initiatives to increase demand for wine packaging by increasing quality and material of packaging. They are launching double-layered bottles that keep wine cold. In addition, use of QR codes on the packaging is the latest trend to connect customers to companies.Â
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Questions Answered in the Wine packaging Market Research Report:
Wine Packaging Market Report Highlights
Aspects | Details |
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By Material |
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By Type |
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By Sales Channel |
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By Region |
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Key Market Players | Scholle IPN, Sambucks Co. Ltd., Golden State Box Factory, Avery Dennison Corporation, Dongguan Huacheng Can Co. Ltd., All American Containers, Brick Packaging LLC., Guala Closures Group, Amcor Ltd., Berlin Packaging |
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