Viratpatil30 Sep, 2022Other
However, stringent government rules and regulations regarding packaging materials may be a significant restraint on the growth rate of the wine packaging market, whereas maintaining the standard quality of packaging products can challenge the growth of the wine packaging market during the forecast period. Several boosters associated with the wine packaging market, including a positive outlook toward advanced and smart packaging solutions and rising demand for single-served wine containers, are all creating opportunities for the growth of the wine packaging industry. Data Bridge Market Research analyses that the U.S. wine packaging market will grow at a CAGR of 2.8% from 2022 to 2029.
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