Wine Packaging Boxes Market
PUBLISHED: 2023 ID: SMRC22853
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Wine Packaging Boxes Market

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

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4.6 (48 reviews)
Published: 2023 ID: SMRC22853

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $3.4 BN

Projected Year Value (2028)

US $5.2 BN

CAGR (2022 - 2028)

7.3%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Europe


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
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o 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
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o 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
1 Global Wine Packaging Boxes Market Outlook, By Region (2020-2028) ($MN)
2 Global Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
3 Global Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
4 Global Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
5 Global Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
6 Global Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
7 Global Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
8 Global Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
9 Global Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
10 Global Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
11 Global Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
12 Global Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
13 Global Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
14 Global Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
15 Global Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
16 Global Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
17 Global Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
18 Global Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
19 North America Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
20 North America Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
21 North America Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
22 North America Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
23 North America Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
24 North America Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
25 North America Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
26 North America Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
27 North America Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
28 North America Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
29 North America Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
30 North America Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
31 North America Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
32 North America Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
33 North America Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
34 North America Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
35 North America Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
36 North America Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
37 Europe Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
38 Europe Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
39 Europe Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
40 Europe Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
41 Europe Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
42 Europe Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
43 Europe Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
44 Europe Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
45 Europe Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
46 Europe Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
47 Europe Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
48 Europe Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
49 Europe Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
50 Europe Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
51 Europe Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
52 Europe Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
53 Europe Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
54 Europe Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
55 Asia Pacific Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
56 Asia Pacific Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
57 Asia Pacific Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
58 Asia Pacific Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
59 Asia Pacific Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
60 Asia Pacific Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
61 Asia Pacific Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
62 Asia Pacific Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
63 Asia Pacific Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
64 Asia Pacific Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
65 Asia Pacific Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
66 Asia Pacific Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
67 Asia Pacific Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
68 Asia Pacific Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
69 Asia Pacific Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
70 Asia Pacific Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
71 Asia Pacific Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
72 Asia Pacific Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
73 South America Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
74 South America Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
75 South America Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
76 South America Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
77 South America Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
78 South America Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
79 South America Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
80 South America Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
81 South America Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
82 South America Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
83 South America Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
84 South America Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
85 South America Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
86 South America Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
87 South America Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
88 South America Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
89 South America Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
90 South America Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
91 Middle East & Africa Wine Packaging Boxes Market Outlook, By Country (2020-2028) ($MN)
92 Middle East & Africa Wine Packaging Boxes Market Outlook, By Material (2020-2028) ($MN)
93 Middle East & Africa Wine Packaging Boxes Market Outlook, By Paper (2020-2028) ($MN)
94 Middle East & Africa Wine Packaging Boxes Market Outlook, By Wooden (2020-2028) ($MN)
95 Middle East & Africa Wine Packaging Boxes Market Outlook, By Kraft Paper (2020-2028) ($MN)
96 Middle East & Africa Wine Packaging Boxes Market Outlook, By Glass (2020-2028) ($MN)
97 Middle East & Africa Wine Packaging Boxes Market Outlook, By Polypropylene (2020-2028) ($MN)
98 Middle East & Africa Wine Packaging Boxes Market Outlook, By Other Materials (2020-2028) ($MN)
99 Middle East & Africa Wine Packaging Boxes Market Outlook, By Product Type (2020-2028) ($MN)
100 Middle East & Africa Wine Packaging Boxes Market Outlook, By Cartons (2020-2028) ($MN)
101 Middle East & Africa Wine Packaging Boxes Market Outlook, By Bag in Box (2020-2028) ($MN)
102 Middle East & Africa Wine Packaging Boxes Market Outlook, By Bottles (2020-2028) ($MN)
103 Middle East & Africa Wine Packaging Boxes Market Outlook, By Other Product Types (2020-2028) ($MN)
104 Middle East & Africa Wine Packaging Boxes Market Outlook, By Application (2020-2028) ($MN)
105 Middle East & Africa Wine Packaging Boxes Market Outlook, By Transportation (2020-2028) ($MN)
106 Middle East & Africa Wine Packaging Boxes Market Outlook, By Retailing (2020-2028) ($MN)
107 Middle East & Africa Wine Packaging Boxes Market Outlook, By Food Services (2020-2028) ($MN)
108 Middle East & Africa Wine Packaging Boxes Market Outlook, By Other Applications (2020-2028) ($MN)
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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