As per latest report by IMARC Group, titled “Wine Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global wine packaging market grew at a CAGR of 4% during 2015-2020. The wine packaging can be done in a variety of sizes, formats and materials which offer greater convenience while use, are economic, and improve the visual appeal of the product. Rising on-premises wine consumption, especially among the young population, on account of inflating income levels, changing lifestyles and emerging socialization trends, represents one of the key factors stimulating the market growth.