Press release
Worldwide Luxury Packaging Market to grow at a CAGR of 4.96% during the forecast period.
The recently released report “Strategic Assessment of Worldwide Luxury Packaging Market and Forecast 2021” by Beige Market Intelligence considers the present scenario and growth aspect of worldwide Luxury Packaging market and strategic assessment of the market for the period 2015-2021.The report includes the market growth drivers, trends, and restraints. The report gives a market segmentationBy Type of Material
• Paper & Paperboard
• Glass
• Metal
• Plastic
• Wood
• Others
By End- Use Market
• Cosmetics & Fragrances
• Premium Alcoholic drinks
• Gourmet Food & Beverages
• Watches & Jewellery
• Confectionery
• Tobacco
• Others
By Geography
• North America
• Europe
• MEA
• APAC
• Latin America
Luxury Packaging – Market Size and Forecast
Analyst at Beige Market Intelligence forecast the Worldwide Luxury Packaging Market to grow at a CAGR of 4.96% during the forecast period.
The global luxury packaging market continues to grow by exciting trends such as the surge of personalized packaging, increasing awareness to sustainability issues, demographic and economic drivers. It is one of the most lucrative opportunities in the packaging industry. The prestigious brands look for new packaging techniques and innovations to enable their products to shine in extremely competitive shelf spaces. The packaging sales in the emerging markets are expected to continue to show strong growth. As both increased consumer consumption and demand for luxury goods drives the need for more sophisticated packaging. The Worldwide Luxury Packaging market is estimated to reach a value of $23 billion by 2021.
Luxury Packaging- Geographic Analysis
The report includes the market analysis of different regions such as North America, APAC, Latin America, Europe and MEA . The report outlines the major market share holder and the market size analysis of all the regions. US is the largest luxury market in the world with a revenue share of 21.5% in 2015. China is the world’s second largest consumer of luxury goods and second largest luxury packaging manufacturer in the world. Europe with a 36% consumption share of the world’s luxury good market in terms of revenues. Also Europe is the hub for majority of luxury houses. European countries such as Brazil is more into fashion product packaging, hence it drives the Packaging market.
Luxury Packaging- Market trends, Drivers and Restraints
Rapid growth of E-commerce in emerging markets is the key driver of the luxury packaging market. The factor that packaging and display helps creating a competitive advantage for luxury goods is also driving the market. Customers purchasing luxury goods are also seeking for the packaging that plays the part. Packaging plays an integral part of the brand image, especially for luxury items. With the ever-changing landscape of product packaging, the ability to keep pace with packaging trends could have a significant impact on company’s market share. Companies are creating an experience around their product through their packaging and linking closely with marketing strategies and social media.
Luxury Packaging- Market Share and Key Vendors
This market research profiles the major companies in the Worldwide Commercial Deep Fryer Market and also provides the competitive landscape and market share of key the players. The report covers the entire market outlook regarding the value chain operating within the market. The major vendors dominating the luxury packaging market are Amcor,Crown Holdings, International Paper, WestRock, Owen-Illinois.
Other Prominent vendors included in the report are Ardagh Group, BC Boncar, Ch.Dahlinger, Stolzle Glass Group, Pendragon presentation Packaging, Fleet Luxury, HH Deluxe Packaging, Euro Box, Keenpac, MW Luxury Packaging.
For more Information :http://www.beigemarketintelligence.com/reports/research-report-consumer-and-retail-market/luxury-packaging/
About Beige Market Intelligence
Beige Market Intelligence is new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analysed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.
Contact- Khyama
Beige Market Intelligence
Chinnapannahalli, Doddanekundi Main Road, Bangalore -560037
contactus@beigemarketintelligence.com
US: +1 347 903 9949
UK: +44 20 323 99499
APAC: +91 99 012 75473
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide Luxury Packaging Market to grow at a CAGR of 4.96% during the forecast period. here
News-ID: 360659 • Views: …
More Releases from Beige Market Intelligence
Growing Adoption of Industrial IoT to drive Global Industrial Cleaning Robot Mar …
Increasing application of IoT in industries worldwide is likely to affect the sale of industrial cleaning robots in a positive manner, and the market is expected to witness high demand for industrial robots during the period 2016−2022
A recent report on Global Industrial Cleaning Robot Market – Strategic Assessment and Forecast 2017-2022, states that the industrial cleaning robot market is going to witness unit shipment of more than 34,260 units during…
US accounted for major market share in the stairlift market with 32.51% in 2016
In 2016, the stairlift market in US accounted for 32.51% market share driven by improved healthcare facilities and availability of efficient and innovative stairlift products. The market in US is also driven due to increase in lifestyle-related diseases and reimbursement in insurance infrastructure.”
According to a recently published report by Beige Market Intelligence, the global stairlift market is likely to witness tremendous growth during the forecast period 2016–2022. The analysts say…
Global Stair Lift Market Likely to Grow at a CAGR of 8% during 2016–2022
The report Global Stair Lift Market - Strategic Assessment and Forecast 2017-2022, considers the present scenario of the market and its strategic assessment for the period 2017−2022. It includes a detailed study of market drivers, trends, and restraints. It also profiles leading five vendors and ten other prominent vendors in the market. The report provides the analysis of key segments of the market in terms of following segments:
By…
Voice-first technology is making a significant impact on consumers worldwide
In the future consumer technology products will be designed around voice-first interfaces
According to the report by Beige Market Intelligence, Global Smart Home Hub Market – Strategic Assessment and Forecast 2017-2022, the voice first technology is going to drive the global smart home hub market.
Across the world, consumers always prefer to seek products that make their lives convenient and simple. They strive for technology-driven products and services that can help…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
