Luxury Packaging Market Overview

Luxury packaging is mostly used to package highly expensive and sophisticated products. The packaging employed is a part of a company’s brand image. Companies spend more on packaging innovation rather than on production cost. They are adopting active packaging and intelligent packaging so as to enhance the performance of the packaging technique. Rise in the number of product launches, especially in the cosmetic and fashion sectors, drives the growth of the luxury packaging market. Additionally, rise in penetration of online retail and travel retail also contributed in the global luxury packaging market. However, fluctuating price of raw materials, are the factors may be a hindrance in the growth of the market.

Luxury Packaging Market is projected to grow at a CAGR of 4.8% during the forecast period.

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Luxury Packaging Market Key Players

The prominent players in the luxury packaging market include

Amcor Limited (Australia)
HH Deluxe Packaging (U.K.)
Ekol Ofset (Turkey)
DS Smith Plc (U.K.)
Pendragon Presentation Packaging Ltd (U.K.)
Design Packaging, Inc. (U.S.)
Elegant Packaging (U.S.)
MW Creative Ltd (U.K.)
Winter & Company AG (Switzerland)
Lucas Luxury Packaging (Ireland)
CLP Packaging Solutions Inc. (U.S.).
Regional Analysis

On the basis of regions, global Luxury Packaging Market is segmented as North America, Europe, Asia Pacific and Rest of the World (RoW). Europe dominates the global Luxury Packaging market. Increasing number of flagship stores in the region drive the growth of the market. A surge in online sales is also a growth driver for the market in Europe.

Asia Pacific is expected to have the highest CAGR during the forecast period. China, Japan, India, Australia and Indonesia are the major markets in Asia Pacific region. Increase in spending capacity in the region, drives the growth of the market. Additionally, the availability of raw materials and low labor cost, together form a positive influence on the market growth.

North America is another major market for the luxury packaging. Increase in sales of personal luxury products in the region, drive the growth of the market. Latin America and Middle-East & Africa regions are also expected to set the growth during the forecast period due to rising demand from the e-commerce sector and expansion by global luxury manufacturers.

Market Segmentation

Global Luxury Packaging Market has been segmented based on material, end-user, and region. On the basis of material, the market segments are paperboard material, plastic, glass and others.

Paperboard dominates the material segment of the market and is expected to be the fastest growing material segment. Growing demand for sustainability packaging drives the growth of the paperboard segment.

It is light weight and is gaining prominence due to the rising need for renewable and recyclable solutions for various packaging needs. This material is used for packaging cosmetics, food, beverages, pharmaceuticals, and household products.

Plastic is one of the most widely used materials for packaging across various end-use industries. The material offers high barrier, cost efficient, temperature resistance and durable packaging options.

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Rest of the World

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continues…….

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

Continues…..

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