Global Luxury Packaging Market Research Report and Forecast

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Global Luxury Packaging

Market Research Report and

Forecast 2021-2026

Author: Elena Anderson,

Marketing Manager |

IMARC Group

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Report Description

About

IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

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Report Description

Report Description and Highlights

Global Luxury Packaging Market Outlook 2026:

According to the latest report by IMARC Group, titled “Luxury Packaging Market: Global Industry

Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global luxury packaging market exhibited moderate growth during 2020-2025.

Luxury packaging is made up of premium materials and accessories and plays a pivotal role in enticing potential customers and creating brand value for specialty products.

It is designed for high-end consumer goods, such as perfumes, watches, jewelry, handbags, alcohol and other luxury items.

The leading brands are also offering customized premium packaging as it helps in improving the overall shopping experience, both online and in-store.

Request for a free sample report: https://www.imarcgroup.com/luxury-packaging-market/requestsample

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Report Description

Report Description and Highlights

Global Luxury Packaging Market Trends:

The inflating income levels and the rising mass-affluent segment have led to increased expenditure on premium products, which in turn has boosted the demand for luxury packaging.

Furthermore, with the latest advances in laser cutting, metal forming, notching and 3D printing

technologies, manufacturers can now create prototypes, as well as ensure mass production by focusing on ultra-luxury items.

Additionally, the rising awareness among the masses about environmental degradation has compelled them to opt for packaging made from natural materials.

Owing to this, market players are introducing sustainable, biodegradable and eco-friendly packaging with enhanced functionality and multi-use designs.

Moreover, the leading brands are also developing packaging equipped with decorative holograms or radio-frequency identification (RFID) tags, and returnable packaging options to cater to the unique challenges presented by online retailing and product counterfeiting.

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Market Summary:

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

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Breakup by Region:

• North America • Europe

• Asia Pacific • Latin America

• Middle East and Africa

On account of the aforementioned factors, the market is anticipated to witness strong growth during 2021-2026.

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Competitive Landscape With Keyplayer: • Amcor plc

• Ardagh Group SA • Crown Holdings Inc. • DS Smith plc

• HH Deluxe Packaging

• Lucas Luxury Packaging Limited • MW Luxury Packaging Limited • Owens-Illinois Inc.

• Pendragon Presentation Packaging Ltd. • Progress Packaging Ltd.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/luxury-packaging-market

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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Report Description

Report Description and Highlights

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been

based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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