Published by TMR Research Insights
Posted on August 30, 2021
Corrugated Wine Box Market: Introduction
The latest study published by Transparency Market Research on the corrugated wine box market provides a holistic view of the global market, growth, analysis, size, trends for the forecast period from 2021 to 2029.
In terms of sales, the market value at the end of 2029 is anticipated to expand 1.5x times from its current value, due to the high demand for protective packaging solutions for wine bottles assisting the growth of the global corrugated wine box market. The corrugated wine box market is expected to register growth of 5.5% CAGR during the forecast period.
Corrugated wine boxes are gaining worldwide market popularity as a lightweight and easy to dispose of packaging solution. Different types of corrugated wine boxes, such as single bottle boxes and multi bottle boxes are being developed by manufacturers to comply with the latest wine packaging trends prevailing in the industry.
As per the current market value share, the single wall board type is expected to hold approximately 69% market share in the year 2021. Making it the most preferred board type to manufacture corrugated wine boxes by producers across the globe, the strength and durability offered by single wall board fuels the demand for the same. Along with that single wall, the board offers wide-ranged customization options for shape, size, and printability to provide marketers and key players to make use of free marketing space on corrugated wine boxes.
Buy Our Premium Research Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=72900<ype=S
The research team analyzed the global sales of corrugated wine boxes according to the box capacity, board type, and box type across all five regions of the world. The multi bottle box segment is likely to hold 50% market share in 2021, due to the rising demand for bulk packaging of wine bottles. The segment is anticipated to grow to 54% in 2029. As per the TMR analysis, the European region is estimated to hold a major market share of over 30% by 2029, due to the high demand for corrugated wine boxes in the region.
Growing Alcohol Consumption among Millennials Resulting in High Demand for Corrugated Wine Boxes across Continents
The rapid rise recorded in the consumption and buying patterns of wine has a significant impact on the demand for spill-proof and safe packaging solutions for wine packaging. The number of wine manufacturers has increased as a result of the recent developments in Oenology. Moreover, the increase in the production of grapes has enabled wine manufacturers to produce wine round the year, irrespective of the season. Besides wine producers, several players producing wine packaging solutions for packaging single as well as multiple wine bottles have witnessed growth. An increased number of industry players producing wine packaging solutions has resulted in high production and consumption of corrugated wine boxes as a suitable packaging solution.
As the demand and consumption for wine registers growth in western parts of the world, other countries are also witnessing a sharp rise in the demand for wine over other alcoholic beverages. The growing demand for wine directly drives the demand for corrugated wine boxes and eventually positively contributes to the growth of the global corrugated wine box market.
End Users Eying Corrugated Wine Boxes for Effective Branding, Promotion
The innovation-driven packaging industry is guided by the latest packaging trends, which is sometimes introduced by packaging manufacturers or sometimes by the young consumer bases. The packaging industry flourishes by catering to latest demands by producing suitable packaging solutions.
The printability offered by corrugated wine boxes is used by wine manufacturers and marketers to print the necessary information such as the manufacturing date and place of production as per the regulatory laws. In addition, these marketers use this left printable space to print the stunning brand logo, which creates a unique identity of the product in the consumer’s mind.
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Corrugated Wine Box Market: Introduction
The latest study published by Transparency Market Research on the corrugated wine box market provides a holistic view of the global market, growth, analysis, size, trends for the forecast period from 2021 to 2029.
In terms of sales, the market value at the end of 2029 is anticipated to expand 1.5x times from its current value, due to the high demand for protective packaging solutions for wine bottles assisting the growth of the global corrugated wine box market. The corrugated wine box market is expected to register growth of 5.5% CAGR during the forecast period.
Corrugated wine boxes are gaining worldwide market popularity as a lightweight and easy to dispose of packaging solution. Different types of corrugated wine boxes, such as single bottle boxes and multi bottle boxes are being developed by manufacturers to comply with the latest wine packaging trends prevailing in the industry.
As per the current market value share, the single wall board type is expected to hold approximately 69% market share in the year 2021. Making it the most preferred board type to manufacture corrugated wine boxes by producers across the globe, the strength and durability offered by single wall board fuels the demand for the same. Along with that single wall, the board offers wide-ranged customization options for shape, size, and printability to provide marketers and key players to make use of free marketing space on corrugated wine boxes.
Buy Our Premium Research Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=72900<ype=S
The research team analyzed the global sales of corrugated wine boxes according to the box capacity, board type, and box type across all five regions of the world. The multi bottle box segment is likely to hold 50% market share in 2021, due to the rising demand for bulk packaging of wine bottles. The segment is anticipated to grow to 54% in 2029. As per the TMR analysis, the European region is estimated to hold a major market share of over 30% by 2029, due to the high demand for corrugated wine boxes in the region.
Growing Alcohol Consumption among Millennials Resulting in High Demand for Corrugated Wine Boxes across Continents
The rapid rise recorded in the consumption and buying patterns of wine has a significant impact on the demand for spill-proof and safe packaging solutions for wine packaging. The number of wine manufacturers has increased as a result of the recent developments in Oenology. Moreover, the increase in the production of grapes has enabled wine manufacturers to produce wine round the year, irrespective of the season. Besides wine producers, several players producing wine packaging solutions for packaging single as well as multiple wine bottles have witnessed growth. An increased number of industry players producing wine packaging solutions has resulted in high production and consumption of corrugated wine boxes as a suitable packaging solution.
As the demand and consumption for wine registers growth in western parts of the world, other countries are also witnessing a sharp rise in the demand for wine over other alcoholic beverages. The growing demand for wine directly drives the demand for corrugated wine boxes and eventually positively contributes to the growth of the global corrugated wine box market.
End Users Eying Corrugated Wine Boxes for Effective Branding, Promotion
The innovation-driven packaging industry is guided by the latest packaging trends, which is sometimes introduced by packaging manufacturers or sometimes by the young consumer bases. The packaging industry flourishes by catering to latest demands by producing suitable packaging solutions.
The printability offered by corrugated wine boxes is used by wine manufacturers and marketers to print the necessary information such as the manufacturing date and place of production as per the regulatory laws. In addition, these marketers use this left printable space to print the stunning brand logo, which creates a unique identity of the product in the consumer’s mind.
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Explore more articles in the Research Reports category
