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.
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 USD 23600 million by 2024, from USD 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.
This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Packaging market by product type, application, key manufacturers and key regions and countries.
This study considers the Luxury Packaging value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Glass
Metal
Plastic
Textiles
Wood
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cosmetics and Fragrances
Confectionery
Premium Alcoholic Drinks
Tobacco
Gourmet Food and Drinks
Watches and Jewellery
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
GPA Global
Owens-Illinois
Diam
Ardagh
Crown Holdings
Amcor
Progress Packaging
HH Deluxe Packaging
Prestige Packaging
Pendragon Presentation Packaging
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Luxury Packaging consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Luxury Packaging market by identifying its various subsegments.
Focuses on the key global Luxury Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Luxury Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Luxury Packaging submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
