Market Overview:
The global luxury packaging boxes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for luxury products, rising disposable income, and growing awareness about luxury brands. The global luxury packaging boxes market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into glass, metal, plastic textiles wood and others. Glass dominates the global luxury packaging boxes market due to its properties such as transparency and durability which make it suitable for high-end products such as cosmetics and fragrances. On account of their eco-friendly nature and recyclability features; plastic textiles are witnessing high demand from end-use industries such as cosmetics & fragrances sector across regions.
Product Definition:
Luxury packaging boxes are those that are designed and used for high-end products. These boxes are made with high-quality materials and often have intricate designs or patterns. They may also be adorned with luxurious materials such as gold or silver foil, crystals, or leather.
Luxury packaging is important because it can help to set a product apart from the competition and give it an air of exclusivity. It can also make the product feel more valuable to the consumer. Luxurious packaging can also be a marketing tool, helping to create excitement around a new product and generate interest in it before it even hits stores.
Glass:
Glass is a brittle, transparent material that is made up of sand and various other materials. It can be used for decorative or functional purposes in packaging solutions. The primary function of glass in luxury packaging boxes is to protect the product from damage caused by shipping and handling.
The global luxury packaging market has been witnessing significant growth over the past few years on account of increasing consumer spending power as a result of economic growth across major countries such as China, India, Brazil, Russia.
Metal:
Metal is an abundant element on earth, but very few elements compare to its raw and pure form. It is strong, sturdy and easily available in various forms. Some of the common metals used for luxury packaging are aluminum & copper alloys, stainless steel & cast iron among others. The most important factor that sets metal apart from other materials is its recyclability feature which makes it a sustainable choice for packaging solutions across the globe.
Application Insights:
The cosmetics and fragrances application segment accounted for the largest share of over 30.0% in 2017. The increasing popularity of luxury brands is expected to drive the demand for packaging solutions such as boxes, trays, bottles and cans over the forecast period.
Increasing consumer awareness regarding health issues associated with improper hygiene has driven a shift in consumer preference towards premium quality personal care products including perfumes, body lotions, shampoos and cleaners that are packaged attractively to boost sales. In addition, rising concerns regarding environmental pollution have resulted in an increased focus on using natural ingredients while manufacturing beauty products which is further anticipated to propel growth over the coming years.
Cosmetic manufacturers are increasingly focusing on developing innovative product offerings along with luxurious packaging solutions that can help them compete better against international luxury cosmetic brands operating across various retail channels such as high end departmental stores (HDS), specialty stores (SSD).
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the growing luxury goods industry and increasing spending power of consumers. China is one of the largest markets for luxury packaging boxes as it has been witnessing rapid growth in many industries including food & beverages, cosmetics, and tobacco. The country also exports a large number of luxury products such as watches to other countries around the world thus making it one of the largest exporters globally.
Europe is expected to be a key regional market over the forecast period owing to stringent regulations on Luxury Goods Classification (LGC) that are imposed by European Union (EU). Countries like France and Italy have witnessed significant growth in premium alcoholic drinks segment due to rising demand for different types of alcohol with unique taste from various regions around Europe. This has led manufacturers across these countries open new production facilities thus driving product demand further over next eight years.
Growth Factors:
- Increasing demand for luxury products: The global luxury goods market is expected to grow at a CAGR of 5.8% from 2016 to 2020, reaching a value of US$ 1,482 billion by 2020. This growth is driven by the increasing disposable income of consumers, especially in developing countries.
- Rising consumer awareness: There is an increasing trend among consumers towards buying high-quality and luxurious products. This has led to an increase in the demand for luxury packaging boxes that can protect and showcase these products effectively.
- Innovation in design and materials: Luxury packaging box manufacturers are constantly innovating their designs and materials to appeal to more consumers. Some new trends include using eco-friendly materials such as bamboo or recycled paperboard, as well as incorporating innovative printing techniques such as foil stamping or embossing effects..
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Packaging Boxes Market Research Report
By Type
Glass, Metal, Plastic, Textiles, Wood, Others
By Application
Cosmetics and Fragrances, Confectionery, Premium Alcoholic Drinks, Tobacco, Gourmet Food and Drinks, Watches and Jewellery, Others
By Companies
GPA Global, Owens-Illinois, PakFactory, Ardagh, Crown Holdings, Amcor, Progress Packaging, HH Deluxe Packaging, Prestige Packaging, Pendragon Presentation Packaging, Luxpac, Print & Packaging, Tiny Box Company, B Smith Packaging, Taylor Box Company, Pro Packaging, Rombus Packaging, Stevenage Packaging, Clyde Presentation Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Packaging Boxes Market Report Segments:
The global Luxury Packaging Boxes market is segmented on the basis of:
Types
Glass, Metal, Plastic, Textiles, Wood, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetics and Fragrances, Confectionery, Premium Alcoholic Drinks, Tobacco, Gourmet Food and Drinks, Watches and Jewellery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GPA Global
- Owens-Illinois
- PakFactory
- Ardagh
- Crown Holdings
- Amcor
- Progress Packaging
- HH Deluxe Packaging
- Prestige Packaging
- Pendragon Presentation Packaging
- Luxpac
- Print & Packaging
- Tiny Box Company
- B Smith Packaging
- Taylor Box Company
- Pro Packaging
- Rombus Packaging
- Stevenage Packaging
- Clyde Presentation Packaging
Highlights of The Luxury Packaging Boxes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Metal
- Plastic
- Textiles
- Wood
- Others
- By Application:
- Cosmetics and Fragrances
- Confectionery
- Premium Alcoholic Drinks
- Tobacco
- Gourmet Food and Drinks
- Watches and Jewellery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury Packaging Boxes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury packaging boxes are typically made of high-quality materials, such as wood or metal, and come with a luxurious finish. They're often used to package luxury goods, such as jewelry or cosmetics, and can be very expensive.
Some of the key players operating in the luxury packaging boxes market are GPA Global, Owens-Illinois, PakFactory, Ardagh, Crown Holdings, Amcor, Progress Packaging, HH Deluxe Packaging, Prestige Packaging, Pendragon Presentation Packaging, Luxpac, Print & Packaging, Tiny Box Company, B Smith Packaging, Taylor Box Company, Pro Packaging, Rombus Packaging, Stevenage Packaging, Clyde Presentation Packaging.
The luxury packaging boxes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Packaging Boxes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Luxury Packaging Boxes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luxury Packaging Boxes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Luxury Packaging Boxes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Luxury Packaging Boxes Market Size & Forecast, 2018-2028
4.5.1 Luxury Packaging Boxes Market Size and Y-o-Y Growth
4.5.2 Luxury Packaging Boxes Market Absolute $ Opportunity
Chapter 5 Global Luxury Packaging Boxes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Luxury Packaging Boxes Market Size Forecast by Type
5.2.1 Glass
5.2.2 Metal
5.2.3 Plastic
5.2.4 Textiles
5.2.5 Wood
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Packaging Boxes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Luxury Packaging Boxes Market Size Forecast by Applications
6.2.1 Cosmetics and Fragrances
6.2.2 Confectionery
6.2.3 Premium Alcoholic Drinks
6.2.4 Tobacco
6.2.5 Gourmet Food and Drinks
6.2.6 Watches and Jewellery
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Packaging Boxes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Luxury Packaging Boxes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Luxury Packaging Boxes Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Packaging Boxes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Luxury Packaging Boxes Market Size Forecast by Type
9.6.1 Glass
9.6.2 Metal
9.6.3 Plastic
9.6.4 Textiles
9.6.5 Wood
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Luxury Packaging Boxes Market Size Forecast by Applications
9.10.1 Cosmetics and Fragrances
9.10.2 Confectionery
9.10.3 Premium Alcoholic Drinks
9.10.4 Tobacco
9.10.5 Gourmet Food and Drinks
9.10.6 Watches and Jewellery
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Luxury Packaging Boxes Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Packaging Boxes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Luxury Packaging Boxes Market Size Forecast by Type
10.6.1 Glass
10.6.2 Metal
10.6.3 Plastic
10.6.4 Textiles
10.6.5 Wood
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Luxury Packaging Boxes Market Size Forecast by Applications
10.10.1 Cosmetics and Fragrances
10.10.2 Confectionery
10.10.3 Premium Alcoholic Drinks
10.10.4 Tobacco
10.10.5 Gourmet Food and Drinks
10.10.6 Watches and Jewellery
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Luxury Packaging Boxes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Packaging Boxes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Luxury Packaging Boxes Market Size Forecast by Type
11.6.1 Glass
11.6.2 Metal
11.6.3 Plastic
11.6.4 Textiles
11.6.5 Wood
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Luxury Packaging Boxes Market Size Forecast by Applications
11.10.1 Cosmetics and Fragrances
11.10.2 Confectionery
11.10.3 Premium Alcoholic Drinks
11.10.4 Tobacco
11.10.5 Gourmet Food and Drinks
11.10.6 Watches and Jewellery
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Luxury Packaging Boxes Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Packaging Boxes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Luxury Packaging Boxes Market Size Forecast by Type
12.6.1 Glass
12.6.2 Metal
12.6.3 Plastic
12.6.4 Textiles
12.6.5 Wood
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Luxury Packaging Boxes Market Size Forecast by Applications
12.10.1 Cosmetics and Fragrances
12.10.2 Confectionery
12.10.3 Premium Alcoholic Drinks
12.10.4 Tobacco
12.10.5 Gourmet Food and Drinks
12.10.6 Watches and Jewellery
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Luxury Packaging Boxes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Packaging Boxes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Luxury Packaging Boxes Market Size Forecast by Type
13.6.1 Glass
13.6.2 Metal
13.6.3 Plastic
13.6.4 Textiles
13.6.5 Wood
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Luxury Packaging Boxes Market Size Forecast by Applications
13.10.1 Cosmetics and Fragrances
13.10.2 Confectionery
13.10.3 Premium Alcoholic Drinks
13.10.4 Tobacco
13.10.5 Gourmet Food and Drinks
13.10.6 Watches and Jewellery
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Luxury Packaging Boxes Market: Competitive Dashboard
14.2 Global Luxury Packaging Boxes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GPA Global
14.3.2 Owens-Illinois
14.3.3 PakFactory
14.3.4 Ardagh
14.3.5 Crown Holdings
14.3.6 Amcor
14.3.7 Progress Packaging
14.3.8 HH Deluxe Packaging
14.3.9 Prestige Packaging
14.3.10 Pendragon Presentation Packaging
14.3.11 Luxpac
14.3.12 Print & Packaging
14.3.13 Tiny Box Company
14.3.14 B Smith Packaging
14.3.15 Taylor Box Company
14.3.16 Pro Packaging
14.3.17 Rombus Packaging
14.3.18 Stevenage Packaging
14.3.19 Clyde Presentation Packaging
