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Daily Newsletter

11 October 2023

Daily Newsletter

11 October 2023

How Islay has been a victim of its own success

The recent history of Islay’s malt whisky distilleries could be seen to track the fortunes of the entire industry, writes Just Drinks columnist Richard Woodard.

Richard Woodard October 11 2023

Range of whiskys including Bowmore and Laphroaig from Islay. Wirestock Creators / Shutterstock

Shares in Diageo jumped today (6 May) after better-than-expected quarterly sales but the spirits giant’s business in North America remained under pressure.

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Flavored alcoholic beverages poised to register the fastest growth within the alcoholic beverages packaging industry

The global alcoholic beverages packaging industry has grown to 445.4 billion units in 2022, with volumes forecasted to grow at a CAGR of ~2% by 2027. APAC represented the largest region in 2022, followed by the Americas. Glass was the most used pack material globally, followed by rigid metal and rigid plastics. Volume-wise, the industry was led by the beer & cider sector in 2022, while the flavored alcoholic beverages sector is forecast to register the fastest growth at a CAGR of 6.1% during 2022–27, followed by spirits and wine.

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