Valley Cottage, NY -- (SBWIRE) -- 03/20/2018 -- The demand of the gift boxes is high because food and beverage products such as chocolate, ice-crème, sweets, wine, and toys are consumed globally. Food products look more lucent and attractive if they are packed within gift boxes. Gift boxes also used for packaging many other products such as jewelry, electronic gadgets, toys, sculpture, personal care products, cosmetic products, and goods. Gift boxes mainly manufactured by paperboard, plastic, tin, and aluminum.

Gift Boxes - Market Dynamics

There are some factors which contribute to the growth of the gift box market, e-commerce is one of them. The increase in e-commerce market plays a significant role in the growth of the gift box packaging industries because they use gift boxes for the purpose of packaging the goods to provide the safe delivery of the product. Gift boxes are no longer used only for the purpose of protecting the product from the damage, but it has some special quality such as durability, reusability and attractive look. Due to some better characteristic as compared to alternatives, gift box market is gaining popularity throughout the global market. Few alternative options are available in the market for the gift packaging such as wrapper paper, bag etc. Over the past few years, e-commerce industry has emerged tremendously which has positively impacted the market for gift boxes. In addition to, paper or corrugated gift box is on trend due to the sustainability, and eco-friendly nature because they are easily recyclable and degradable. Furthermore, the factors which are contributing towards the growth of gift boxes market is the rise in per capita income of consumers which has increased the investment of income on the gift. The logistics and transport market is expanding at a high pace and is emerging as an opportunity for future growth of the global box packaging market.

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Gift Boxes - Market Segmentation

Gift boxes market can be segmented on the basis of by material type, by the end user, and by product type, by printing technology.

On the basis of raw material type, the gift boxes market is segmented into -

Plastics
Paper
Others

On the basis of end use, the gift boxes market is segmented into -

Consumer goods
Food and beverages
Bakery & Confectionary
Alcoholic Drinks
Frozen Desserts
Others
Electronic devices
Cosmetic and personal care

On the basis of product type, the gift boxes market is segmented into -

Slide sleeve boxes
Telescopic boxes

On the basis printing technology, the gift boxes market is segmented into –

Lithography
Flexography
Electrophotography Technology
Dry toner
Liquid toner
Inkjet Photography Technology
Others

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Gift Boxes Market - Regional outlook

Gift Boxes Market has been segmented on the basis of the region into North America, Latin America, Asia Pacific, Europe and the Middle East. Among these regions, North America and Asia Pacific are expected to witness a high growth for gift boxes market. In Asia Pacific, China is anticipated to be the largest market for gift boxes because of the increasing trends towards aesthetic and convenience in packaging. Above average growth is expected in the Middle East and Africa for gift boxes market over the forecast period 2017-2025. Emerging economies across the globe have seen an increase in per capita income which is positively influencing the preferences for the usage of luxury packaging solutions such as gift boxes.

Gift Boxes Market - Key players

Few of the key players in the global gift boxes market are Qingdao Hongrui Industry Co. Ltd, Shenzhen Fuxiang Gifts & Packaging Co. Ltd, Bayley's Boxes, Varanna Industries, Shanghai Xianrong Packing Co., Ltd., Om Express Print Pack Private Limited, Valtenna Industria Cartotecnia, and Shenzhen Tianya Paper Products Co.,Ltd.