Market Overview:
The global luxury packaging market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for luxury products across the globe. Additionally, rising disposable income and changing lifestyle of consumers are also fuelling the demand for luxury packaging products. On the basis of type, glass is expected to hold a dominant position in the global luxury packaging market during 2018-2030. This can be attributed to its properties such as transparency and high aesthetic value that enhances product appearance. Moreover, glass is also considered as a premium material for luxury packaging products owing to its durability and recyclability features. Based on application, cosmetics and fragrances segment is anticipated to witness highest growth rate over the forecast period followed by gourmet food and drinks segment due to increasing demand for these products among consumers across different regions globally.
Product Definition:
Luxury packaging is the use of high-quality materials and finishes to create a package that emphasizes the value of the product inside. It can be used for any type of product, but is often seen in luxury items such as jewelry, cosmetics, and high-end fashion.
The purpose of luxury packaging is to convey a sense of importance and value to the consumer. By using luxurious materials and finishes, it creates an air of exclusivity around the product and makes it stand out from competing items on store shelves. This can help persuade consumers to choose a more expensive option over a less expensive one.
Glass:
Glass is a brittle, transparent material that is made up of silica and other materials. It can be used in various forms such as bottles, jars, containers and flat sheets. Glass can also be customized according to the application by adding or removing components such as colors & logos or by changing the surface texture of the glass. The flexibility of using glass coupled with recyclability makes it an ideal choice for luxury packaging products globally.
Metal:
Metal is a natural resource that can be found in abundance and it plays an important role in the manufacturing of luxury packaging. The metal used for luxury packaging includes gold, silver, platinum, copper & aluminum. These metals are naturally occurring elements and can be found free of charge under the earth’s surface.
Application Insights:
The cosmetics and fragrances application segment accounted for the largest market share in 2017. This is attributed to growing demand from high-end cosmetic brands. The increasing popularity of e-commerce has also played a key role in driving the growth of this segment as consumers prefer buying luxury products through it owing to various benefits offered by it such as ease, convenience, and flexibility.
In terms of revenue, watches and jewelry was the second largest segment in 2017 while premium alcoholic drinks were estimated to be among the fastest growing segments over the forecast period owing to rising demand for expensive alcohol beverages across all regions globally. In addition, stringent government regulations on health warnings on alcoholic drinks containers are expected to boost industry growth over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing disposable income, changing lifestyles, and rising demand for luxury products. China has been witnessing rapid development in various industries such as food & beverage, cosmetics & fragrances, premium alcoholic drinks and tobacco since 2010s. This factor is anticipated to boost regional product demand over the forecast period.
Europe accounted for a major share of revenue in 2017 owing to high spending on luxury goods by consumers across countries like Germany and France coupled with growing trend of gifting luxury items among friends and relatives on occasions such as Christmas or birthdays. Moreover, presence of several manufacturers within Europe that offer handcrafted products are likely to contribute toward increased sales volume of these packs over the next eight years (2018-2030).
North America also held a significant share due its large consumer base along with high purchasing power parity within countries like U S A.
Growth Factors:
- Increasing demand for luxury products: The global luxury packaging market is expected to grow at a CAGR of 5.5% during the forecast period. This is due to the increasing demand for luxury products, especially in developing countries such as China and India.
- Rising disposable income: The growth of the middle class population and their rising disposable incomes are driving the demand for luxury packaging products worldwide.
- Growing trend of customization: Consumers are increasingly demanding customized packaging solutions that reflect their unique personalities and lifestyles. This is providing opportunities for players in the luxury packaging market to innovate and offer new product designs and features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Packaging 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
By Companies
GPA Global, Owens-Illinois, Diam, Ardagh, Crown Holdings, Amcor, Progress Packaging, HH Deluxe Packaging, Prestige Packaging, Pendragon 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Packaging Market Report Segments:
The global Luxury Packaging 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
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
- Diam
- Ardagh
- Crown Holdings
- Amcor
- Progress Packaging
- HH Deluxe Packaging
- Prestige Packaging
- Pendragon Presentation Packaging
Highlights of The Luxury Packaging 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
- 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 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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- Identifying Appropriate Advertising Appeals
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 is a type of packaging that is designed to enhance the appearance, feel, and smell of products. It can be used for food items such as wine, cheese, or chocolate. Luxury packaging can also be used for cosmetics and other consumer goods.
Some of the major companies in the luxury packaging market are GPA Global, Owens-Illinois, Diam, Ardagh, Crown Holdings, Amcor, Progress Packaging, HH Deluxe Packaging, Prestige Packaging, Pendragon Presentation Packaging.
The luxury packaging market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luxury Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luxury Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luxury Packaging Market - Supply Chain
4.5. Global Luxury Packaging Market Forecast
4.5.1. Luxury Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luxury Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luxury Packaging Market Absolute $ Opportunity
5. Global Luxury Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luxury Packaging Market Size and Volume Forecast by Type
5.3.1. Glass
5.3.2. Metal
5.3.3. Plastic
5.3.4. Textiles
5.3.5. Wood
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luxury Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luxury Packaging Market Size and Volume Forecast by Application
6.3.1. Cosmetics and Fragrances
6.3.2. Confectionery
6.3.3. Premium Alcoholic Drinks
6.3.4. Tobacco
6.3.5. Gourmet Food and Drinks
6.3.6. Watches and Jewellery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luxury Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luxury Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luxury Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luxury Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luxury Packaging Demand Share Forecast, 2019-2026
9. North America Luxury Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luxury Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luxury Packaging Market Size and Volume Forecast by Application
9.4.1. Cosmetics and Fragrances
9.4.2. Confectionery
9.4.3. Premium Alcoholic Drinks
9.4.4. Tobacco
9.4.5. Gourmet Food and Drinks
9.4.6. Watches and Jewellery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luxury Packaging Market Size and Volume Forecast by Type
9.7.1. Glass
9.7.2. Metal
9.7.3. Plastic
9.7.4. Textiles
9.7.5. Wood
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luxury Packaging Demand Share Forecast, 2019-2026
10. Latin America Luxury Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luxury Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luxury Packaging Market Size and Volume Forecast by Application
10.4.1. Cosmetics and Fragrances
10.4.2. Confectionery
10.4.3. Premium Alcoholic Drinks
10.4.4. Tobacco
10.4.5. Gourmet Food and Drinks
10.4.6. Watches and Jewellery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luxury Packaging Market Size and Volume Forecast by Type
10.7.1. Glass
10.7.2. Metal
10.7.3. Plastic
10.7.4. Textiles
10.7.5. Wood
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luxury Packaging Demand Share Forecast, 2019-2026
11. Europe Luxury Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luxury Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luxury Packaging Market Size and Volume Forecast by Application
11.4.1. Cosmetics and Fragrances
11.4.2. Confectionery
11.4.3. Premium Alcoholic Drinks
11.4.4. Tobacco
11.4.5. Gourmet Food and Drinks
11.4.6. Watches and Jewellery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luxury Packaging Market Size and Volume Forecast by Type
11.7.1. Glass
11.7.2. Metal
11.7.3. Plastic
11.7.4. Textiles
11.7.5. Wood
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luxury Packaging Demand Share, 2019-2026
12. Asia Pacific Luxury Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luxury Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luxury Packaging Market Size and Volume Forecast by Application
12.4.1. Cosmetics and Fragrances
12.4.2. Confectionery
12.4.3. Premium Alcoholic Drinks
12.4.4. Tobacco
12.4.5. Gourmet Food and Drinks
12.4.6. Watches and Jewellery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luxury Packaging Market Size and Volume Forecast by Type
12.7.1. Glass
12.7.2. Metal
12.7.3. Plastic
12.7.4. Textiles
12.7.5. Wood
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luxury Packaging Demand Share, 2019-2026
13. Middle East & Africa Luxury Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luxury Packaging Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luxury Packaging Market Size and Volume Forecast by Application
13.4.1. Cosmetics and Fragrances
13.4.2. Confectionery
13.4.3. Premium Alcoholic Drinks
13.4.4. Tobacco
13.4.5. Gourmet Food and Drinks
13.4.6. Watches and Jewellery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luxury Packaging Market Size and Volume Forecast by Type
13.7.1. Glass
13.7.2. Metal
13.7.3. Plastic
13.7.4. Textiles
13.7.5. Wood
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luxury Packaging Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luxury Packaging Market: Market Share Analysis
14.2. Luxury Packaging Distributors and Customers
14.3. Luxury Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GPA Global
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Owens-Illinois
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Diam
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ardagh
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Crown Holdings
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Amcor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Progress Packaging
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HH Deluxe Packaging
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Prestige Packaging
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pendragon Presentation Packaging
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
