Global demand for wine packaging including containers, closures, and accessories is projected to increase 2.3% per year to $22.8 billion in 2020. Growth will be sustained by continued, albeit moderate, increases in global wine production, despite declining per capita consumption rates in Europe, which accounted for about 60% of consumption and nearly 65% of production in 2015. Ongoing changes in where wine is produced and how it is packaged will lead to significant opportunities for newer packag...