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Daily Newsletter

14 November 2023

Daily Newsletter

14 November 2023

Italy launches probe into glass wine-bottle cartel

Nine manufacturers are being investigated by the Italian watchdog for allegedly fixing glass-bottle prices.

Jessica Broadbent November 13 2023

Credit: Sergey Ryzhov / Shutterstock

Treasury Wine Estates has settled a “dispute” with Republic National Distributing Company over the US distributor’s exit from California last year.

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Flavored alcoholic beverages forecasted 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. The Asia-Pacific 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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