US Wine Packaging Market Worth $2.9 Billion in 2019 and Global Wine Packaging Industry Growing at 2.53% CAGR to 2019

Aug 31, 2015, 14:20 ET from ReportsnReports

PUNE, India, August 31, 2015 /PRNewswire/ --

Market research reports titled Wine Packaging to 2019 focused on U.S. and Global Wine Packaging Market 2015-2019 are the new additions to food and beverages packaging business intelligence collection of ReportsnReports.com.

Complete report on US wine packaging market spread across 225 pages, profiling 30+ major companies and supported with 36 tables and 10 charts is now available at http://www.reportsnreports.com/reports/420483-wine-packaging-to-2019.html .

Demand for wine packaging in the US is projected to reach $2.9 billion in 2019. Growth will benefit from continued favorable gains in domestic wine consumption and production and increases in disposable personal income. In the US, wine is becoming more prevalent as an accompaniment to meals at home rather than a beverage consumed at restaurants or special events. Opportunities for related packaging will benefit from the importance of packaging both as a marketing tool and for its ability to enhance the perception of wine quality.

Dominant glass bottles to lose market share 

Glass bottles are by far the leading wine container type but glass will continue to lose market share to a growing array of alternative package formats. In addition to bag-in-box packaging, other containers that have established a presence include plastic bottles, plastic cups and goblets, aseptic cartons, pouches, and cans. These alternatives are growing in popularity due to performance features, product differentiation capability, and appeal to younger consumers, who are less attached to wine traditions than are older consumers.

Bag-in-box packaging will register solid increases due to expanded 1.5- and 3-liter premium offerings. The recent adoption of bag-in-box by premium wine brands, particularly in 3-liter sizes, is helping to mitigate the stigma of "boxed wine" as inferior in quality to bottled wine. Bag-in-box wines offer a variety of benefits for consumers, including lower cost per unit of volume, extended freshness, and easier dispensing and storage. An additional advantage of bag-in-box containers is their large surface area, which offers significantly more space for colorful graphics and text than do bottle labels.

Cork demand will be sustained by the entrenched position of glass bottles in the wine industry, as well as their appeal to traditionalists and wine connoisseurs. Moreover, there is a general expectation of cork with premium wines as a symbol of prestige. Cork demand will also benefit from the stronger cultural preference for corks in the US than in many other countries, though growing competition from alternative packaging formats that do not utilize corks will limit advances. Technical corks, such as micro-agglomerated and twin disk types, account for the majority of cork demand and will record more rapid gains than full natural corks. Technical corks are priced competitively with synthetic corks, offer many of the advantages of natural cork, and have been instrumental in helping cork to recapture some of the share lost to synthetic corks during the past decade.

Newer container sizes to grow most rapidly 

Wine containers are experiencing rapidly increasing diversity in terms of package formats and sizes. The fastest growth for containers will be outside the dominant 750 ml size, including both smaller- and larger-sized offerings. Single-serving wine packaging will post robust advances, fueled by their advantage of enabling wine to be taken to or sold in places that typically prohibit glass containers. More-over, single-serving containers enable wine to be more competitive with beer in venues such as stadiums, theaters, concert halls, and theme parks. Single-serving containers for wine include plastic bottles, aseptic cartons, cans, and cups and goblets, with cups and goblets fore-cast to post the fastest gains, albeit from a small base.

Companies profiled in this US wine packaging market research include Amcor Limited, Ardagh Group SA, Ball Corporation, Enoplastic SpA, EnVino, Environmental Packaging Technologies Incorporated, Exal Group, Gallo (E&J) Winery, G3 Enterprises Incorporated, Guala Closures SpA, Hoover Container Solutions Incorporated, International Paper Company, Janson Industries SA, Liqui-Box Corporation, Maverick Enterprises Incorporated, Technologies Group, Saverglass SAS, Scholle Corporation, Silgan Holdings Incorporated, Silva (MA) Cortiças Limitada, Snyder Industries Incorporated, Tapp Label Company LLC, Tetra Laval International SA, TricorBraun Incorporated, UPM-Kymmene Corporation, Vinventions LLC and Vitro SAB de CV. Order a copy of Wine Packaging to 2019 market research report for US at http://www.reportsnreports.com/Purchase.aspx?name=420483 .

The second research titled Global Wine Packaging Market 2015-2019 is segmented based on products and types of packaging. The different types of materials used in the wine packaging industry include glass, plastic, metal, paper and paperboards. However, glass is the most prevalent one of them all. Glass bottles can be molded into various shapes and dimensions. Also, its inert nature, which helps in preserving products for a long time, makes it a popular choice for wine packaging. This research is based on an in-depth market analysis, with inputs from industry experts. The report covers Europe, APAC, North America, Latin America, and MEA markets, and also includes the market landscape and its growth prospects in the coming years. It also discusses the key vendors operating in the market. Amcor, Ardagh, Gerresheimer, Owens-Illinois, Rexam and Smurfit Kappa are the major companies analyzed in this research while other prominent vendors simply mentioned in this report include Acorn Paper, Bormioli Rocco, Brick Packaging, Consol Glass, Hindusthan National Glass & Industries, Koa Glass, Piramal Glass, Saint-Gobain, Scholle, Stolzle Glass, Vetropack Holding, Victory Paper and Packaging, Vidrala, Vitro Packaging and Wiegand-Glas. Comprehensive table of contents and more on Global Wine Packaging Market 2015-2019 research report is available at http://www.reportsnreports.com/reports/407797-global-wine-packaging-market-2015-2019.html .

Explore more reports on packaging market and the overall food and beverages industry at http://www.reportsnreports.com/market-research/food-and-beverages/ .

About Us:
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.

Connect With Us on: 

Facebook: https://www.facebook.com/pages/ReportsnReports/191441427571689

LinkedIn: http://www.linkedin.com/company/reportsnreports

Twitter: https: //twitter.com/marketsreports

G+ / Google Plus: https://plus.google.com/111656568937629536321/posts

Pinterest: http://www.pinterest.com/comeonseo/reportsnreports/

RSS/Feeds:  http: //http://www.reportsnreports.com/feed/l-latestreports.xml

Contact:
Ritesh Tiwari
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune - 411013
Maharashtra, India.
+ 1 888 391 5441
sales@reportsandreports.com

SOURCE ReportsnReports