Global Luxury Packaging Market 2020-2024
Technavio has been monitoring the luxury packaging market and it is poised to grow by $ 3.64 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on luxury packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased importance of aesthetically appealing packaging and increasing demand for luxury goods on e-commerce platform. In addition, increased importance of aesthetically appealing packaging is anticipated to boost the growth of the market as well.
The luxury packaging market analysis includes end-user segment and geographical landscapes
Technavio's luxury packaging market is segmented as below:
- Personal and medical care
- Food and confectionery
By Geographical Landscapes
- North America
- South America
This study identifies the rise in demand for luxury products as one of the prime reasons driving the luxury packaging market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our luxury packaging market covers the following areas:
- Luxury packaging market sizing
- Luxury packaging market forecast
- Luxury packaging market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury packaging market vendors that include Amcor Plc, Crown Holdings Inc., DS Smith Plc, Ekol Ofset, GPA Global, HH Deluxe Packaging, International Paper Co., POLLARD GROUP, Progress Packaging Ltd., and WestRock Co.. Also, the luxury packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.