According to Future Market Insights, the global wine box market size is expected to grow from US$ 1,112.5 Mn in 2022 to US$ 1,829.5 Mn by 2032. Overall sales of wine boxes are projected to surge at 5.1% CAGR between 2022 and 2032.
Rising consumption of bottled wine along with increasing demand for attractive customized packaging solutions is a key factor driving sales of wine boxes globally.
Wine boxes are innovative wine packaging solutions generally made from paper & paperboard or wood materials. These wine boxes help in protecting the wine bottles from any damage during transportation and storage.
Wine boxes offer a premium look to wine bottles and have therefore gained immense traction across wine packaging industry. Manufacturers of wine are now preferring cost-effective wine packaging such as the wine boxes over other wine packaging solutions to save costs and woo more and more customers.
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By using wine boxes, there is no need for extra cushioning to be inserted inside, as corrugated boxes are designed to keep bottles safe with layers of corrugated board. Along with that, corrugated boxes also protect wine from moisture as the corrugated board has better performance than regular cardboard.
Wine producers in developing regions, especially in Asia, are preferring wine boxes over other types of wine packaging to fulfill the growing demand for wine in the region. Also, the procurement of paper and paperboard is way cheaper than other traditional materials. So, not only wine producers but the packaging solutions manufacturers are preferring wine boxes as the most profitable alternative among all wine packaging solutions.
Key Takeaways from Wine Box Market
- Based on material, the paper & paperboard box segment is estimated to hold around 84% of the total market share by the end of 2022.
- In terms of capacity, the multi-bottle box segment is projected to expand 1.7 times the current market during the forecast period.
- By box type, the slotted box segment is expected to grow at a CAGR of 6.1% during 2022-2032.
- Europe and North America together hold the largest share of the global wine box market.
- The U.S. is projected to hold around 78% share of the North American wine box market during the forecast period.
- Germany’s wine box market is anticipated to grow at 4.9% CAGR through 2032.
“The innovation offered by wine box manufacturers such as the transformation of the wine box into a table lamp after its use has thrown a new light into the wine box industry. Besides this, the availability of customization will create a growth opportunity for the wine box manufacturers during the forecast period” – says an FMI analyst
Usage of Printable Wine Box as a Branding Tool to Boost Market
The innovation-driven packaging industry is driven by the latest packaging trends, which are sometimes introduced by packaging manufacturers or sometimes by young consumer bases. The packaging industry flourishes by catering to those latest demands by producing a suitable packaging solution.
The printability offered by the 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. Also, 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.
The wine box offers free space for marketing and branding to manufacturers, which helps the company create a brand image and it can provide visual associations such as logo, color and look. Thus, growing adoption of printable wine boxes over traditional packaging will boost the growth of the global wine box market.
Who is Winning?
Key players operating in the wine box market are Smurfit Kappa Group plc, Mondi plc, Stora Enso Oyj, Graficas Digraf, Marber S.r.l., and Nordpack GmbH. Also, some of the other players in the market are Scotton SpA, OrCon Indiustries, Cartotrentina S.r.l., SCHEFFAUER HOLZWAREN GESELLSCHAFT M.B.H., Adam Pack, Golden West Packaging Group, and others.
Wine Box Market Report
Future market insights, in its new report, offers an unbiased analysis of the global wine box market, analysing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the wine box based on the material (paper & paperboard and wood), capacity (single bottle box and multi bottle box), and box type (slotted box, folded box, telescope box, and die-cut box) across seven regions.
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Wine Box Industry by Category
By Material:
- Paper & Paperboard
- Wood
By Capacity:
- Single Bottle Box
- Multi Bottle Box
By Box Type:
- Slotted Box
- Folded Box
- Telescope Box
- Die-cut Box
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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