Press release
Global Gift Packaging Market Is Forecast To Surpass USD 38 Billion By 2032
The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Gift Packaging Market Insights in the assessment period.
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Global Gift Packaging Market by Category
By Product Type :
Bows and Ribbons
Bags and Containers
Boxes
Wrapping Paper
Pouches
Decorative Articles
Tapes
Films and Foils
By Material :
Plastics
Paper & Paperboard
Metals
Glass
By Packaging Form :
Flexible Gift Packaging
Rigid Gift Packaging
By Packaging Type :
Primary Gift Packaging
Secondary Gift Packaging
Tertiary Gift Packaging
By Region :
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
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Competitive Landscape: Top Companies in Gift Packaging Market
The global gift packaging market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced gift packaging products.
Fact.MR has provided detailed information about price points of top manufacturers of gift packaging positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
IG Design Group PLC, in 2020 announced the acquisition of CSS Industries, Inc., which is the manufacturers of seasonal and gift products. This acquisition is likely to broaden the product portfolio of the company and is bound to mark its presence in the US craft market, in addition to providing access to many new channels and markets.
Mondi collaborated with ACMI, an Italian machine producer. It launched a new wrapping system for pallets-Advantage StretchWrap in year 2021. This innovative paper solution uses paper as an alternative to plastic. It has up to 62% lower greenhouse gas and more than 46% GHG emissions when compared to other plastic stretch films.
Essential Takeaways from the Gift Packaging Market Insights Report
Comparison of prominent players operating in the Gift Packaging Market Insights.
Recent developments and key strategies adopted by Gift Packaging Market players.
Study of the micro and macro-economic growth indicators.
Impact of the various factors on the value chain of the Gift Packaging Market Insights.
Growth opportunities for emerging market players in various regional markets.
Current trends influencing the scenario of the Gift Packaging Market Insights.
Important queries related to the Gift Packaging Market Insights addressed in the report:
Who are the most prominent players in the Gift Packaging Market Insights?
What are the factors that are likely to hinder the growth of the Gift Packaging Market Insights during the forecast period?
Why is the concentration of tier-1 companies high in specific region?
How are the soaring prices of raw materials impacting the demand for Gift Packaging Market ?
Why are Gift Packaging Market players eyeing opportunities in particular region?
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