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Daily Newsletter

15 November 2023

Daily Newsletter

15 November 2023

Australia’s Mighty Craft names new managing director

The move follows the resignation of CEO and MD Mark Haysman in May amid a strategic review of the publicly-listed company.

Eszter Racz November 14 2023

Credit: Mighty Craft

Almost a year ago, Nestlé revealed its plans to make its waters and “premium beverages” activities a stand-alone entity from the start of 2025.

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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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