Press release
Luxury Packaging Market | Global Industry Top Key Players: O-I, Amcor, DS Smith, MW Luxury, Crown Holdings, Inc., and Ardagh Group
RESEARCH FOR MARKETS
Global Luxury Packaging Market is expected to grow at a CAGR of 5.7% during the forecast period. Some of the key factors influencing the market growth include changing consumer preferences, growing willingness to spend more, growing demand for appealing packaging solutions and increasing penetration of travel retail & online retail. However, rise in cost of raw materials is restraining the market growth.
Luxury packaging is used for packaging and decorating high-end products. The luxury packaging can be broadly classified as high street and pure luxury packaging based on the price of the product. Pure luxury packaging focuses more on the target audience while designing the packaging. In this case, each brand adopts a unique style of packaging. High street packaging focuses on the price of packaging and follows a particular trend such as use of lightweight and durable designs. Luxury product manufacturers are inclined towards sustainable development and hence are investing in biodegradable and environment-friendly packaging.
Request Free Sample Copy of the Report @ https://www.researchformarkets.com/sample/luxury-packaging-global-market-129582
The Report on the Luxury Packaging market offers explain knowledge on the market parts like dominating players, Regions Covered (North America, Europe, Asia Pacific, South America and Middle East & Africa), Materials Covered (Metal, Wood, Paperboard, Glass, Plastic and Other Materials), Products Covered (Folders, Rigid Box, Cartons, Slipcases and Bags)
SOME OF THE KEY PLAYERS IN GLOBAL Luxury Packaging MARKET INCLUDE
• HH Deluxe Packaging
• Owens-Illinois Inc
• Pendragon Presentation Packaging Ltd
• Amcor Limited
• Design Packaging Inc
• Elegant Packaging
• DS Smith Plc
• Ekol Ofset
• Design Packaging Inc
• MW Luxury Packaging
• Prestige Packaging Industries
• Crown Holdings Inc.
• Lucas Luxury Packaging Limited
• Ardagh Group
• Groupe VERPACK
• Progress Packaging Ltd
Amongst Material, Paperboard segment held significant market share during forecast period. Paperboard packaging is gaining importance due to the rising need for renewable and recyclable solutions for various packaging needs.
Browse Full Report with TOC @ https://www.researchformarkets.com/reports/luxury-packaging-global-market-129582
In addition, the demand for sustainability packaging, the decreased raw material consumption, and growth in e-commerce will also support the growth of the market in the paperboard segment.
By geography, Asia Pacific acquired the largest market share owing to the increase in consumer spending in Japan, India, China and other countries. Additionally, the demand for cosmetics and food products is anticipated to grow due to the increasing population and the demand for urbanization, quality products and consumers inclining toward technology. Large population and heavy urbanization have led to an increase in demand for frozen food products in the region.
End Users Covered:
• Confectionery
• Watches and Jewellery
• Food and Non- Alcoholic Drinks
• Cosmetics and Fragrances
• Retail and Consumer Products Industry
• Alcoholic Drinks
• Other End Users
WHAT OUR REPORT OFFERS:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Place a Purchase Order for Luxury Packaging Market@ https://www.researchformarkets.com/buy-now/luxury-packaging-global-market-129582/one
Note: Any special requirements about this report, please let us know and we can provide custom report.
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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