PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1273556
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1273556
Wine Packaging Boxes Market Forecasts to 2028 - Global Analysis By Material (Paper, Wooden, Kraft Paper, Glass, Polypropylene and Other Materials), Product Type, Application and By Geography
According to Stratistics MRC, the Global Wine Packaging Boxes Market is accounted for $3.4 billion in 2022 and is expected to reach $5.2 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Wine can be packaged in a range of shapes, sizes, and materials that are more user-friendly, cost-effective, and enhance the product's aesthetic appeal. In the industry, conventional glass bottles are most frequently utilised. The wine manufacturers also favour their latest iterations, which include slimmer echo-glass containers and etched glass bottles. Due to its greater convenience compared to glass bottles, single-serve wine containers are likewise gaining significant appeal on a global scale. Market participants are also enhancing the aesthetic appeal of wine packaging and growing their current consumer base by utilising innovative graphics.
According to StatCan, approximately 537.41 million liters of wine were sold in Canada in 2021, which increased from 527 million liters in 2020. According to the International Organisation of Vine and Wine Intergovernmental Organisation, in 2021 world wine production is estimated between 247.1 and 253.5 mhl (million hectolitres).
Market Dynamics:
Driver:
Rise in consumption of wine
The rise in wine consumption and increased awareness of the advantages of wine are the primary drivers driving market expansion. The need for wine packaging has also expanded due to the variety of colours, sizes, and shapes, as well as the usage of easily biodegradable packaging materials. Furthermore, an increase in disposable income, an increase in the working population, and an improvement in living conditions have all contributed to the market's expansion.
Restraint:
Maintaining the standard quality of packaging product
The majority of packaging materials used for carrying daily goods are made of plastic, corrugated, and paper-based boxes or lightweight bags. The pulpwood, which is used to make paper products, isn't necessarily of the same calibre as the pulp. Due to the poor quality of the raw materials used in manufacture, paper bags also rip easily. Paper bag quality will vary when different types of wood pulp are used in production, which presents a difficulty for the manufacturers.
Opportunity:
Increasing adoption of eco-friendly and biodegradable products
Wine is protected from environmental, chemical, and physical elements by packaging in bottles and cans, which is essential because improper packaging could infect the entire batch of wine. The demand for eco-friendly and biodegradable packaging materials is increasing since they are low-cost to produce and can be reused and recycled, minimising the manufacturer's waste output and accelerating growth.
Threat:
Cost of raw materials
Growth of the global market is hampered by the cost of raw materials like glass bottles. Wine is frequently packaged in fragile glass bottles that are easy to break. By improving the quality and material of wine packaging, businesses are attempting to generate demand for it. New technologies enhance packaging quality and make it more lightweight has increased growth of the market.
COVID-19 Impact:
Globally, the alcohol sector has been severely impacted by COVID-19. The global alcohol industry has been severely impacted by the pandemic. Globally, the alcohol business has been severely impacted. Due to the closure of all bars, liquor stores, and restaurants, revenue has decreased and sales have decreased. It has also had an impact on the packaging sector. Due to the closure of all bars, liquor stores, and restaurants, revenue has decreased and sales have decreased. It has also had an impact on the packaging sector. Alcoholic beverage import and export have been halted by trade regulations. Lockdown was, however, removed in certain nations, which provided some respite to businesses and raised output and sales.
The glass segment is expected to be the largest during the forecast period
The glass segment is estimated to have a lucrative growth, due to increase in awareness. Glass remains the best choice for wine packaging among others. For health, flavour, and the environment, glass is a trusted and established container material. It is recyclable without suffering from quality degradation. Because glass is impermeable and nonporous, it does not interact with wine to change its flavour or scent while still adding to the aesthetics and overall drinking experience.
The bottles segment is expected to have the highest CAGR during the forecast period
The bottles segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its advantages. Wine is better preserved in glass bottles, which also raises customer demand for it. The majority of wine gets better during bottle preservation. Bottles can be customised with a wide range of labels and decorations and come in any shape, size, and colour. This is the major factor driving the growth of the segment.
Region with Largest share:
North America is projected to hold the largest market share during the forecast period owing to premiumization of wines. In addition, advances are spurred by surging disposable personal incomes and changing alcoholic beverage preferences among younger consumers. The preference for wine over beer among baby boomers and a higher proportion of boomers who drink wine everyday compared to other age groups are two examples of these trends.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to the increasing consumption of wine. The increasing sales of wine also boost the wine packaging. Additionally, the demand for secondary wine packaging, such as barrels, racks, and trays, is being fueled by consumers' growing need for secure packaging. These elements are fueling a high demand among regional wine packaging manufacturers.
Key players in the market:
Some of the key players profiled in the Wine Packaging Boxes Market include: DS Smith, Sealed Air, International Paper, Amcor Limited, Encore Glass Inc., Lihua Group, Ardagh Group SA, Smurfit Kappa, Cross Country Box Co. Inc, Riverside paper Co, Ball Corporation and MosPackaging.
Key Developments:
In November 2022, Smurfit Kappa has created an innovative and sustainable packaging solution tailored explicitly for wine to help businesses in the sector capitalize on the continued growth in eCommerce wine sales.
In March 2022, Ardagh Group S.A., to design and manufacture a highly decorated wine bottle collaborated with Constellation Brands, Inc.
Materials Covered:
- Paper
- Wooden
- Kraft Paper
- Glass
- Polypropylene
- Other Materials
Product Types Covered:
- Cartons
- Bag in Box
- Bottles
- Other Product Types
Applications Covered:
- Transportation
- Retailing
- Food Services
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Wine Packaging Boxes Market, By Material
- 5.1 Introduction
- 5.2 Paper
- 5.3 Wooden
- 5.4 Kraft Paper
- 5.5 Glass
- 5.6 Polypropylene
- 5.7 Other Materials
6 Global Wine Packaging Boxes Market, By Product Type
- 6.1 Introduction
- 6.2 Cartons
- 6.3 Bag in Box
- 6.4 Bottles
- 6.5 Other Product Types
7 Global Wine Packaging Boxes Market, By Application
- 7.1 Introduction
- 7.2 Transportation
- 7.3 Retailing
- 7.4 Food Services
- 7.5 Other Applications
8 Global Wine Packaging Boxes Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 DS Smith
- 10.2 Sealed Air
- 10.3 International Paper
- 10.4 Amcor Limited
- 10.5 Encore Glass Inc.
- 10.6 Lihua Group
- 10.7 Ardagh Group SA
- 10.8 Smurfit Kappa
- 10.9 Cross Country Box Co. Inc
- 10.10 Riverside paper Co
- 10.11 Ball Corporation
- 10.12 MosPackaging
List of Tables
- Table 1 Global Wine Packaging Boxes Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
- Table 3 Global Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
- Table 4 Global Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
- Table 5 Global Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
- Table 6 Global Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
- Table 7 Global Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
- Table 8 Global Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
- Table 9 Global Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
- Table 10 Global Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
- Table 11 Global Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
- Table 12 Global Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
- Table 13 Global Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
- Table 14 Global Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
- Table 15 Global Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
- Table 16 Global Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
- Table 17 Global Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
- Table 18 Global Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 19 North America Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
- Table 20 North America Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
- Table 21 North America Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
- Table 22 North America Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
- Table 23 North America Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
- Table 24 North America Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
- Table 25 North America Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
- Table 26 North America Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
- Table 27 North America Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
- Table 28 North America Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
- Table 29 North America Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
- Table 30 North America Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
- Table 31 North America Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
- Table 32 North America Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
- Table 33 North America Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
- Table 34 North America Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
- Table 35 North America Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
- Table 36 North America Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 37 Europe Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
- Table 38 Europe Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
- Table 39 Europe Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
- Table 40 Europe Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
- Table 41 Europe Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
- Table 42 Europe Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
- Table 43 Europe Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
- Table 44 Europe Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
- Table 45 Europe Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
- Table 46 Europe Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
- Table 47 Europe Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
- Table 48 Europe Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
- Table 49 Europe Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
- Table 50 Europe Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
- Table 51 Europe Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
- Table 52 Europe Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
- Table 53 Europe Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
- Table 54 Europe Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 55 Asia Pacific Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
- Table 56 Asia Pacific Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
- Table 57 Asia Pacific Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
- Table 58 Asia Pacific Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
- Table 59 Asia Pacific Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
- Table 60 Asia Pacific Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
- Table 61 Asia Pacific Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
- Table 62 Asia Pacific Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
- Table 63 Asia Pacific Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
- Table 64 Asia Pacific Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
- Table 65 Asia Pacific Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
- Table 66 Asia Pacific Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
- Table 67 Asia Pacific Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
- Table 68 Asia Pacific Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
- Table 69 Asia Pacific Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
- Table 70 Asia Pacific Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
- Table 71 Asia Pacific Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
- Table 72 Asia Pacific Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 73 South America Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
- Table 74 South America Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
- Table 75 South America Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
- Table 76 South America Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
- Table 77 South America Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
- Table 78 South America Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
- Table 79 South America Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
- Table 80 South America Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
- Table 81 South America Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
- Table 82 South America Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
- Table 83 South America Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
- Table 84 South America Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
- Table 85 South America Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
- Table 86 South America Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
- Table 87 South America Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
- Table 88 South America Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
- Table 89 South America Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
- Table 90 South America Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 91 Middle East & Africa Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
- Table 92 Middle East & Africa Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
- Table 93 Middle East & Africa Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
- Table 94 Middle East & Africa Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
- Table 95 Middle East & Africa Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
- Table 96 Middle East & Africa Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
- Table 97 Middle East & Africa Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
- Table 98 Middle East & Africa Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
- Table 99 Middle East & Africa Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
- Table 100 Middle East & Africa Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
- Table 101 Middle East & Africa Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
- Table 102 Middle East & Africa Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
- Table 103 Middle East & Africa Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
- Table 104 Middle East & Africa Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
- Table 105 Middle East & Africa Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
- Table 106 Middle East & Africa Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
- Table 107 Middle East & Africa Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
- Table 108 Middle East & Africa Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
