Worldwide Wine Packaging Boxes Industry to 2028 - E-Commerce Sector Will Register a Positive Growth as More Wineries are Investing in Digital Marketing Strategies - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Wine Packaging Boxes Market, by product Type, by Distribution Channel, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

As the pandemic forced restaurants and bars to close all over the country and restricted consumers from dining in hotels and restaurants, more wine than ever before was ordered online last year as consumers were left to dine in their own homes.

The mandatory stay-at-home orders forced many consumers to buy wines online thus having a wide selection of wines across regions without being bound by limited wine selection from shelves of their local retail shops. The e-commerce sector will register a positive growth as more wineries are investing in digital marketing strategies.

According to a report published by 'The Direct-to-Consumer Wine Shipping Report' in collaboration with Sovos ShipCompliant and Wines Vines Analytics cited that the direct-to-consumer (DtC) was the most utilized sales channel as they don't have wholesalers and retailers to share their profit margins with. The report analyzed a shipment data from more than 1,100 U.S. wineries to consumers for each month and marked a shipment number of around 40 million over the course of the year of 2020.

The 'DtC' channel did face difficulties, irregularities due to the pandemic like any other sector, but also at the same time benefited from home isolation orders. Most of the wine bottles are made of glass and need to be handled with care before, during and after the shipment, and here's when packaging boxes come into play.

The increasing shipment activities have bolstered the production of packaging boxes, according the same report, around 8.39 million cases of wine were shipped to consumers for the year of 2020 in US which was 27% more than the previous year which led 'DtC' to be the most dominant sales channel. The average price of the bottled wine shipped in 2020 also decreased by 9.5% that is around $37.72 per bottle which further led to the increased demand of wines and its shipment activities and also caused a reduced visitation to wineries, restaurants favoring the stay at home orders.

Key features of the study:

• This report provides in-depth analysis of wine packaging boxes market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global wine packaging boxes market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
• The global wine packaging boxes market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wine packaging boxes market.

Market Segmentation:

Global Wine Packaging Boxes Market, By Type:

• Paper
• Wooden
• Polypropylene
• Kraft Paper
• Others

Global Wine Packaging Boxes Market, By Distribution Channel:

• Online Retail
• Offline Retail

Global Wine Packaging Boxes Market, By Region:

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Rest of Latin America
• Middle East & Africa
• Middle East
• Africa

Company Profiles:

• Super Wood Touch
• Acorn Paper Products
• DS Smith
• International Paper
• DIGRAF
• Smurfit Kappa
• MosPackaging
• Golden State Box Factory
• Riverside paper Co.
• Cross Country Box Co. Inc.
• Sealed Air
• Taylor Box
• ALPPM
• Evergreen
• Spirited Shipper

For more information about this report visit https://www.researchandmarkets.com/r/43m6u4