openPR Logo
Press release

Emerging Opportunities in Gift Packaging Market with Current Trends Analysis

03-07-2017 12:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Emerging Opportunities in Gift Packaging Market with Current

Over the past decades, the global gift industry witnessed an impressive growth, owing to the expanded customer base along with increasing applications of innovative products at attractive prices. The gift market comprises of corporate gifting as well as personal gifting. Moreover, the gift packaging market experienced a revolution with new product innovations in the food as well as in the non-food segment accompanied by eye-catching packaging. Nowadays non-food gifting are not only restricted to small electronic items, bed sheets but also include gift vouchers, soft toys, artworks, artificial jewelries and many more. At the same time, various product types like cookies, fruit baskets, wine hampers, different types of cheese which comes under the categorization of food gifting for occasions like festivals, birthdays, etc. are also in the trend. The changing lifestyle together with customer’s ability and willingness to pay for innovative products drove this change in the gift packaging market.

Nowadays, wrapping paper are in demand for gifts packaging. Some of the conventional examples of wrapping paper are recycled newspaper, reusable gift wrap, decorative lunch bags, gift box, decorative shopping bags and many more. The new alternatives for gift wrapping are also being introduced, for example, using a decorative handkerchief which also has other application can further fuel the growth in demand for gift packaging market. The gift market is expected to expand with a healthy growth rate of over 10% which in turns growth of the gift packaging market in the near future.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2636

Gift Packaging Market: Dynamics

The growing e-commerce in the gifting space is one of the major factor which is expected to drive the demand for the gift packaging market. Big e-commerce companies such as Snapdeal and Amazon play a vital role in fuelling the demand for gift packaging market. Further, increase in per capita income, increasing exposure to global trends is offering impetus to the growth of overall gift industry which in turn is escalating the gift packaging market across the globe. Personal gifting in number of occasions like birthdays, anniversaries, father’s day, and Mother’s day is on the rise as the consumers, want uniqueness, different styles and personalization in their gift items, to match their status.

In past years, food gifting was limited to the conventional sweets only, but nowadays customers are moving towards consistent quality products with a good taste in attractive packaging, which is a result of growing incidence of adulteration in conventional sweets.

Visit For TOC@http://www.futuremarketinsights.com/toc/rep-gb-2636

Gift Packaging Market: Segmentation

On the basis of packaging type, the global gift packaging market is segmented into,

Primary Packaging
Secondary Packaging
Tertiary Packaging

On the basis of product type, the global gift packaging market is segmented into,

Gift boxes
Containers
Ribbons & Bows
Gift Sacks
Gift bags
Wrapping paper
Tissue Paper & Shreds
Cellophane overwrap & bags
Gift card & Money holders
Others

On the basis of Materials, the global gift packaging market is segmented into,

Plastics
Paper & Paperboard
Metals
Glass
Others

Gift Packaging Market: Region Wise Outlook

In terms of geography, the global gift packaging market divided into five regions which includes North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Out of the five regions, Asia pacific represents the largest global gift packaging market, owing to the growth of rising disposable incomes coupled with the widened customer base. In Asia Pacific, developing countries like China and India, are the most lucrative countries for increase in consumer spending and rise in GDP.

Gift Packaging Market: Key Players

Some of the key players of the global gift packaging market are Smurfit kappa Group, Packlyn Ltd, Shenzhen Fuxiang Gifts & Packaging Co. Ltd., Interpak, Ebro Color GmbH, and many more.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Press: press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Emerging Opportunities in Gift Packaging Market with Current Trends Analysis here

News-ID: 459092 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Gift

Digital Gift Card Market Size, Share, Trends | e-gift cards industry Analysis - …
Allied Market Research Published Latest Report, titled, "Digital Gift Card Market by Functional Attribute (Open-Loop Card and Closed-Loop Card), End User (Retail and Corporate) and Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030" provides a comprehensive study of the global Digital Gift Cards Market along with an analysis of dynamic growth factors, challenges, constraints,
Gift A Love’s Exclusive Christmas Gift Guide 2021 for Online Shoppers!
Christmas is just around the corner, and everyone might be indulged in shopping for the best Christmas gift hampers online( https://www.giftalove.com/gift-hampers/christmas ) for near and dear ones. But, shoppers prefer to celebrate the celebration with their friends and family, and hence, a perfect gift plays a crucial role in creating happy memories. If talk about the latest gifting trend, several research has been conducted by GiftaLove.com, and the gift designing
Gift Giving Gets Easier with The Gift Link
Gift shopping can be pretty stressful. You can spend hours, if not days, searching for the perfect present. The newly launched The Gift Link takes all the guesswork out of gift shopping. The Gift Link is an Amazon affiliate website that carefully curates and maintains links to more than 4,000 of the best-selling and highly-recommended gift items available to purchase from Amazon.com. The Gift Link is the perfect one-stop-shop to find
American Retail Supply Offers Gift Boxes and Gift Bows & Ribbons
American Retail Supply is making a significant impact on the operations of retail stores throughout the US and beyond. Incorporated in 1971, the company specializes in the provision of a variety of items aimed at helping store owners achieve optimal functionality in the stores. The firm has over the years realized tremendous growth which has allowed them to come up with an impressive product portfolio which includes back room supplies,
Gift Cards Market : Digital gift cards to Rise at 20.7% CAGR by 2024
The global gift cards market, which is valued just over US$ 307 Bn at present, will progress at an impressive 10.8% CAGR during the forecast period, 2016-2024. Key findings from the report, titled “Gift Card Market: Global Industry Analysis and Forecast, 2016-2024,” indicate that demand for gift cards is expected to gain traction in the corporate sector. The world’s corporate setting has actively adopted gift cards as an incentive to
Giftsbymeeta Introduces New Gift Options to Gift on Boyfriend’s Birthday
Impressing boys with the kind of gifts that they like and the limited options to go with is a tough one but, Gifts by Meeta has come up with a distinct range of birthday gifts for boyfriend (https://www.giftsbymeeta.com/gifts-for-boyfriend). The website has made sure that girls do not find it difficult to shop for their boyfriend and has assembled budget gifting ideas. Gifts by Meeta, an online portal has made it