Due to their make, the external covering of wine bottle, called corrugated wine box draws instant attention of customers. Made up of corrugated cardboard, these wine boxes feature eye-catching logo and design of the brand. There is no set standard for the making of these corrugated wine boxes. The design of boxes is according to requirement of customers. The global corrugated wine box market gain considerable momentum by the visual aesthetics and attention-grabbing feature of these wine boxes.
Rising Disposable Income of the People Likely to Bolster demand in Market
The increased emphasis on wine packaging is owing to its ability to get more customers, In addition to that, these wine boxes prolongs the shelf life of the product, which adds impetus to the growth of the global corrugated wine box market. The corrugated boxes come with protection from bottle damage that takes place due to slipping of bottles. These boxes come with a user-friendly handhold. Additionally corrugated wine boxes also find use as gift wrap for wine bottles. Corrugated wine boxes also come with more than one chamber for enable multi-bottle packaging.
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Huge demand in the beverage industry is a factor for growth of wine box market. Besides domestic consumption, large amounts of expensive alcoholic beverages are exported to other countries. Packing expensive liquors in corrugated wine boxes with attractive logo and design adds extra value to the products that are exported to other countries.
In addition to that, increase in the disposable income of people has resulted in improving their purchasing power. Affluent individuals spend handsome amounts for gifting premium alcohols packed in expensive corrugated wine boxes.
On the hands, stringent regulations restrict cutting down of trees for protecting environment, which is likely to impede the growth of the global corrugated wine box market during the assessment timeframe.