Despite a challenging market environment—marked by declining demand, increased competition, pricing pressures, and slow inventory turnover in the wine and spirits industry – Vinventions has demonstrated resilience, sustaining commercial momentum throughout 2024. In its 25th anniversary year, the company reinforced its commitment to supporting its customers with high-quality, innovative, and sustainable closure solutions tailored to their evolving needs.

RISING DEMAND FOR SYNTHETIC AND MICRO-NATURAL CLOSURES

Vinventions closed 2024 with 3 billion closures sold across wine, spirits, and olive oil, reaffirming its ability to deliver reliable, high-performance solutions even in a complex economic landscape.

Demand for NOMACORC synthetic closures saw significant growth, with an additional 45 million units sold compared to the previous year, driven by growing demand for cost-effective and consistent closure solutions. Despite a declining wine market, impacted by both lower consumption and reduced production, this growth signals a notable market share gain for Nomacorc closures.

Meanwhile, the SÜBR micro-natural closures, recognized for their sustainability and high-performance profile, maintained their strong momentum, recording 50% volume growth for the second consecutive year. In France, sales surged by 62%, with 45% of new customers adopting the solution, confirming its growing appeal among premium producers.

SCREW CAPS: OVERALL MARKET DECLINE, BUT STRATEGIC SUCCESSES

While the global market for screw caps experienced a notable volume decline in 2024, Vinventions demonstrated resilience, particularly in Eastern Europe and Italy. In Eastern Europe, revenue grew by 16%, showing double-digit growth, while the Italian market recorded 26 million additional units sold, confirming the company’s ability to outperform in strategic regions.

INNOVATION AT THE SERVICE OF WINEMAKERS

Innovation remained a driving force for Vinventions in 2024, with new solutions designed to help producers enhance sustainability and performance. Among them, Nomacorc Ocean, made with recycled Ocean-Bound Plastics (OBP), was quickly embraced by 35 new customers, helping wineries strengthen their environmental commitments while differentiating their brands.
Another key milestone was the launch of NOMACORC Pops, a closure specifically designed for the expanding sparkling wine segment, allowing Vinventions to further diversify its offering.

LOOKING AHEAD: GROWTH, INNOVATION, AND SUSTAINABILITY

In an evolving market, Vinventions remains committed to delivering sustainable and competitive solutions that help winemakers navigate industry challenges.

Looking ahead, Vinventions will pursue the expansion of Nomacorc POPS and Nomacorc Ocean while introducing Vintop Express and Vintop Infinite, strengthening its offering to meet the evolving needs of wine producers worldwide.