The Worldwide Luxury Packaging Industry is Expected to Reach $25.4 Billion by 2031 - ResearchAndMarkets.com

The "Global Luxury Packaging Market 2021-2031 by Material, Industry, and Region: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.

The global luxury packaging market will reach $25,421.8 million by 2031, growing by 4.4% annually over 2021-2031, driven by the exponential growth of the luxury goods coupled with the growing need for brand identity, increasing adoption of sustainable packaging solutions, the increasing middle-class income together with rising consumer preference, growing e-commerce with influence of social media, and the arrival of curated and personalized packaging formats.

The report is based on a comprehensive research of the entire global luxury packaging market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year.

Selected Key Players:

• Amcor Plc
• Ardagh Group
• B Smith Packaging Ltd.
• Crown Holdings Inc.
• Delta Global
• DS Smith Plc
• Elegant Packaging
• GPA Global
• HH Deluxe Packaging
• International Paper Company Inc.
• Keenpac
• Lucas Luxury Packaging Limited
• Luxpac Ltd.
• McLaren Packaging Ltd.
• Owens-Illinois Inc.
• Pendragon Presentation Packaging
• Prestige Packaging Industries
• Stolzle Glass Group
• WestRock Company

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Five Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and the Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global luxury packaging market in every aspect of the classification from perspectives of Material, Industry, and Region.

Based on Material, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Paper & Paperboard
• Glass
• Metal
• Plastics
• Textile
• Other Material Types

By Industry, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Cosmetics & Fragrances
• Premium Food & Beverages
• Confectionery
• Watches & Jewelry
• Fashion & Leather Goods
• Other Industries

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by Material and Industry over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

For more information about this report visit https://www.researchandmarkets.com/r/wbt7tv