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Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- 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.
The global Luxury Packaging market was 17000 million US$ in 2018 and is expected to 26800 million US$ by the end of 2025, growing at a CAGR of 6.7% between 2019 and 2025.
This report studies the Luxury Packaging market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Luxury Packaging in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
GPA Global
Owens-Illinois
Diam
Ardagh
Crown Holdings
Amcor
Progress Packaging
HH Deluxe Packaging
Prestige Packaging
Pendragon Presentation Packaging
By the product type, the market is primarily split into
Glass
Metal
Plastic
Textiles
Wood
Others
By the end users/application, this report covers the following segments
Cosmetics and Fragrances
Confectionery
Premium Alcoholic Drinks
Tobacco
Gourmet Food and Drinks
Watches and Jewellery
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