Luxury Packaging Market

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Luxury Packaging Market

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The global luxury packaging market size was valued at USD 19,448 million in 2021 and is expected to generate USD 30,525 million by 2030. The market is projected to grow at a CAGR of 5% during the forecast period (2022–2030) – PowerPoint PPT presentation

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Title: Luxury Packaging Market


1
Luxury Packaging Market
Outlook, Growth Factors, Industry Share, and Size
By 2031
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2
Luxury Packaging MarketOutlook, Growth Factors,
Industry Share, Size By 2030
The brands in the luxury industry are known to
keep up the premium quality of materials used,
including packaging. As the demand for luxury
brands expands, the packaging industries for
premium brands are anticipated to boom.
Additionally, luxury brands are keen to maintain
their brand name and strengthen their brand
identity wherever possible globally.
The growing demand for travel and retail chains
that offer luxury and premium brands of various
products is augmenting the growth of the market.
Owing to the rising popularity of the travel and
tourism industry, service providers are looking
to enhance the experience while providing
low-budget deals that enable consumers to buy
premium and luxury goods at discounted prices. In
2019, cosmetics company NARS revealed that its
the first-ever travel retail exclusive collection
for cosmetic products and jet setter collections.
3
Luxury Packaging Market
CAGR 5.0
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4
Luxury Packaging Market
A Summary of the Impact of COVID-19 on this
Market
Main Market Players Covered in This Report
  • DS Smith PLC
  • Crown Holdings Inc
  • Ardagh Group
  • WestRock Co.
  • Owens-Illinois Inc
  • International Paper Company Inc.
  • Amcor PLC
  • Delta Global
  • GPA Global

The appearance of COVID-19 has transported the
globe to a halt. We understand that this health
disaster has brought an unprecedented impact on
businesses across industries. However, this too
shall pass. Growing support from governments and
various companies can benefit in the fight
against this highly transmissible disease. There
are some businesses that are struggling and some
are thriving. General, almost every sector is
anticipated to be stuck by the pandemic
5
Luxury Packaging Market
The Luxury Packaging Market has been segmented as
below
  • Paperboard, Glass, Metal, Plastics, Others
  • By End-User Cosmetics and Fragrances,
    Confectionery, Watches and Jewelry, Premium
    Beverages, Others
  • By RegionNorth America, Europe, Asia-Pacific,
    Latin America, Middle East Africa

We are taking nonstop efforts to help your
business sustain and cultivate during COVID-19
pandemics. Based on our knowledge and expertise,
we will provide you an impact analysis of
coronavirus outbreaks across businesses to help
you prepare for the future.
Thanks for reading this article you can also get
distinct chapter-wise sections or region-wise
report versions like Asia, US, Europe, Africa,
etc.
6
About Straits Research
StraitsResearch.com is a leading market research
and market intelligence organization,
specializing in research, analytics, and advisory
services along with providing business insights
market research reports.
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