Press release
Luxury Packaging Market to Witness Robust Expansion by 2023
Luxury packaging is the design, research, development, and manufacturing of packaging, displays, and for luxury brands. The packaging of a luxury product is part of the brand’s image and research shows consumers are willing to spend more on products if the packaging looks appealing and luxurious.
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Global Luxury Packaging Market: Forecast by Type / Application / Region
In application, Luxury Packaging downstream is wide and recently Luxury Packaging has acquired increasing significance in various fields of Cosmetics and Fragrances, Confectionery, Premium Alcoholic Drinks, Tobacco, Gourmet Food and Drinks, Watches and Jewellery. Globally, the Luxury Packaging market is mainly driven by growing demand for Cosmetics and Fragrances which accounts for nearly 42.71% of total downstream consumption of Luxury Packaging.
According to this study, over the next five years the Luxury Packaging market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 23600 million by 2024, from US$ 17000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Luxury Packaging business, shared in Chapter 3.
Global Luxury Packaging Market: Key Players
GPA Global
Owens-Illinois
Diam
Ardagh
Crown Holdings
Amcor
Progress Packaging
HH Deluxe Packaging
Prestige Packaging
Pendragon Presentation Packaging
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Related Information:
United States Luxury Packaging Market Research Report 2018
Europe Luxury Packaging Market Research Report 2018
North America Luxury Packaging Market Research Report 2018
Asia-Pacific Luxury Packaging Market Research Report 2018
China Luxury Packaging Market Research Report 2018
EMEA Luxury Packaging Market Research Report 2018
Global Luxury Packaging Market Research Report 2018
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