Industry News, Market Research, Printers News

New Study Predicts Increase in Wine Packaging Demand

According to The Freedonia Group, the US demand for wine packaging is expected to reach $3 billion in 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

A new study by The Freedonia Group states that demand for wine packaging in the US is projected to increase 4.4% annually to $3.0 billion in 2019. Growth will be supported by continued favorable gains in domestic wine consumption and production.   In addition, advances will be spurred by increasing disposable personal incomes and changing alcoholic beverage preferences occurring with younger consumers.   These changes include the preference for wine over beer among millennials and a larger s...

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