14 Dec 2022 --- Alcoholic beverage consumption is on the decline globally, with Innova Market Insights reporting a 4% year-over-year drop in launches between 2021 and 2022. However, as one of the world’s most popular beverage types, the industry is rapidly innovating new solutions to improve the environmental sustainability of alcoholic drink packaging. The market researcher found that bottles (54%) are the leading packaging format among the alcoholic beverage launches tracked. Between 2021 and 2022, glass (53%) was the leading packaging material among the products tracked.
