PUBLISHER: IMARC | PRODUCT CODE: 1541606
PUBLISHER: IMARC | PRODUCT CODE: 1541606
The global wine packaging market size reached US$ 3.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
The wine packaging can be done in a variety of sizes, formats and materials which offer greater convenience while use, are economic, and improve the visual appeal of the product. The traditional glass bottles are most commonly used in the industry. Their new variants such as thinner echo-glass containers and etched glass bottles are also being preferred among the wine producers. The single-serve wine containers are also gaining a lot of traction worldwide as they offer more convenience than glass bottles. Market players are also using advanced graphics to improve the aesthetic appeal of wine packaging and expand their existing consumer base.
Rising on-premise wine consumption, especially among the young population, on account of inflating income levels, changing lifestyles and emerging socialization trends, represents one of the key factors stimulating the market growth. The escalating demand for premium wine variants in gourmet restaurants and luxury hotels is also contributing to the market growth. Apart from this, the integration of QR codes with wine labels and the introduction of double layer wine bottles are further influencing the market positively. Furthermore, the key players are introducing innovative packaging methods that are attractive, lighter, eco-friendly and sustainably produced. Other factors, such as easy product availability through online retail channels, increasing rate of internet penetration, product premiumization and the changing consumer preferences especially among the young and working professionals are also expected to drive the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global wine packaging market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on material type and packaging type.
Glass
Plastic
Metal
Paper Board
Others
Bottles
Bag-in-Box
Aseptic Cartons
Bulk Packaging (IBCs, Flexitanks and Drums)
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.