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PUBLISHER: IMARC | PRODUCT CODE: 1236777
PUBLISHER: IMARC | PRODUCT CODE: 1236777
Luxury Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global luxury packaging market size reached US$ 15.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.
Packaging has a crucial role in creating brand value, protecting against product damage and attracting potential consumers. It also provides information about the product value and the benefits that can be derived from the same. Consequently, luxury brands leverage packaging as a key strategy to enhance brand image. They utilize packaging as a medium for creating value, connecting with consumers and garnering their interest. With the evolving market trends and changing consumer preferences, packaging manufacturers are developing new solutions such as using premium and environment-friendly materials and introducing products with enhanced functionality and multi-use designs.
One of the key factors that are boosting the growth of the luxury packaging market is the increasing adoption of sustainable packaging solutions. As consumers are becoming aware of environmental degradation and seeking products and packaging made from natural materials, numerous brands are prioritizing sustainable development over other aspects. They are offering packaging solutions made with biodegradable, compostable or recycled materials, as well as reducing waste by using lighter materials to lower the weight. Another key trend shaping the luxury packaging market is the expanding e-commerce industry. In line with the transforming consumer purchasing behaviors, several brands are expanding their presence on online retail channels. They are introducing packaging equipped with radio-frequency identification (RFID) tags or decorative holograms, and returnable packaging options to meet the unique challenges presented by online retailing and product counterfeiting. Some of the other growth inducing factors include rapid urbanization, inflating income levels, growing influence of social media and the arrival of curated and personalized packaging formats.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global luxury packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material and application.
Breakup by Material:
- Paperboard
- Wood
- Plastic
- Glass
- Metal
- Others
Breakup by Application:
- Cosmetics and Fragrances
- Confectionery
- Watches and Jewelry
- Alcoholic Drinks
- Food and Non-Alcoholic Drinks
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined with some of the key players being Amcor, Ardagh Group, Crown Holdings, DS Smith, HH Deluxe Packaging, Lucas Luxury Packaging Limited, MW Luxury Packaging, Owens-Illinois Inc., Pendragon Presentation Packaging Ltd, Prestige Packaging Industries and Progress Packaging Ltd., etc.
- IMARC Group's latest report provides a deep insight into the global luxury packaging market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the luxury packaging industry in any manner.
Key Questions Answered in This Report:
- 1. What was the size of the global luxury packaging market in 2022?
- 2. What is the expected growth rate of the global luxury packaging market during 2023-2028?
- 3. What are the key factors driving the global luxury packaging market?
- 4. What has been the impact of COVID-19 on the global luxury packaging market?
- 5. What is the breakup of the global luxury packaging market based on the material?
- 6. What is the breakup of the global luxury packaging market based on the application?
- 7. What are the key regions in the global luxury packaging market?
- 8. Who are the key players/companies in the global luxury packaging market?
Product Code: SR1523A42_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Luxury Packaging Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Material
- 6.1 Paperboard
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Wood
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Plastic
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Glass
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Metal
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Cosmetics and Fragrances
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Confectionery
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Watches and Jewelry
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Alcoholic Drinks
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Food and Non-Alcoholic Drinks
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Amcor
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.2 Ardagh Group
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.3 Crown Holdings
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.3.3 Financials
- 12.3.3.4 SWOT Analysis
- 12.3.4 DS Smith
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.4.3 Financials
- 12.3.4.4 SWOT Analysis
- 12.3.5 HH Deluxe Packaging
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.6 Lucas Luxury Packaging Limited
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.7 MW Luxury Packaging
- 12.3.7.1 Company Overview
- 12.3.7.2 Product Portfolio
- 12.3.8 Owens-Illinois Inc.
- 12.3.8.1 Company Overview
- 12.3.8.2 Product Portfolio
- 12.3.8.3 Financials
- 12.3.8.4 SWOT Analysis
- 12.3.9 Pendragon Presentation Packaging Ltd
- 12.3.9.1 Company Overview
- 12.3.9.2 Product Portfolio
- 12.3.10 Prestige Packaging Industries
- 12.3.10.1 Company Overview
- 12.3.10.2 Product Portfolio
- 12.3.11 Progress Packaging Ltd.
- 12.3.11.1 Company Overview
- 12.3.11.2 Product Portfolio
- 12.3.1 Amcor
Product Code: SR1523A42_Report
List of Figures
- Figure 1: Global: Luxury Packaging Market: Major Drivers and Challenges
- Figure 2: Global: Luxury Packaging Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Luxury Packaging Market: Breakup by Material (in %), 2022
- Figure 4: Global: Luxury Packaging Market: Breakup by Application (in %), 2022
- Figure 5: Global: Luxury Packaging Market: Breakup by Region (in %), 2022
- Figure 6: Global: Luxury Packaging Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 7: Global: Luxury Packaging (Paperboard) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Luxury Packaging (Paperboard) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Luxury Packaging (Wood) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Luxury Packaging (Wood) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Luxury Packaging (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Luxury Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Luxury Packaging (Glass) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Luxury Packaging (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Luxury Packaging (Metal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Luxury Packaging (Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Luxury Packaging (Other Materials) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Luxury Packaging (Other Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Luxury Packaging (Cosmetics and Fragrances) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Luxury Packaging (Cosmetics and Fragrances) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Luxury Packaging (Confectionery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Luxury Packaging (Confectionery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Luxury Packaging (Watches and Jewelry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Luxury Packaging (Watches and Jewelry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Luxury Packaging (Alcoholic Drinks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Luxury Packaging (Alcoholic Drinks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Luxury Packaging (Food and Non-Alcoholic Drinks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Luxury Packaging (Food and Non-Alcoholic Drinks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Luxury Packaging (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Luxury Packaging (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: North America: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: North America: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: United States: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: United States: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Canada: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Canada: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Asia Pacific: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Asia Pacific: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: China: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: China: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Japan: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Japan: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: India: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: India: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: South Korea: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: South Korea: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Australia: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Australia: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Indonesia: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Indonesia: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Others: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Others: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Europe: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Europe: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Germany: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Germany: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: France: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: France: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: United Kingdom: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: United Kingdom: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Italy: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Italy: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Spain: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Spain: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Russia: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Russia: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Latin America: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Latin America: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Brazil: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Brazil: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Mexico: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Mexico: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Others: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Others: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Middle East and Africa: Luxury Packaging Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Middle East and Africa: Luxury Packaging Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Luxury Packaging Industry: SWOT Analysis
- Figure 80: Global: Luxury Packaging Industry: Value Chain Analysis
- Figure 81: Global: Luxury Packaging Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Luxury Packaging Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Luxury Packaging Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 3: Global: Luxury Packaging Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Luxury Packaging Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Luxury Packaging Market: Competitive Structure
- Table 6: Global: Luxury Packaging Market: Key Players
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