The report “Global Luxury Packaging Market and Forecast 2020″considers the present scenario and growth aspect of worldwide Luxury Packaging market and strategic assessment of the market for the period 2017-2020. The report includes the market growth drivers, trends, and restraints.

The global luxury packaging market continues to grow by exciting trends such as the surge of personalized packaging, increasing awareness to sustainability issues, demographic and economic drivers. It is one of the most lucrative opportunities in the packaging industry. The prestigious brands look for new packaging techniques and innovations to enable their products to shine in extremely competitive shelf spaces.

The packaging sales in the emerging markets are expected to continue to show strong growth. As both increased consumer consumption and demand for luxury goods drives the need for more sophisticated packaging.

Companies Mentioned:

Amcor Limited

Ardagh Group

BC Boncar

Ch. Dahlinger

Crown Holdings

Eurobox

Fleet Luxury

HH Deluxe Packaging

International Paper

Keenpac

MW Luxury Packaging

Owen-Illinois Inc.

Pendragon Presentation Packaging

Stolzle Glass Group

WestRock

The report gives a market segmentation:

By Type of Material

Paper & Paperboard

Glass

Metal

Plastic

Wood

Others

By End- Use Market

Cosmetics & Fragrances

Confectionery

Tobacco

Others

The Global Luxury Packaging market is estimated to reach a value of $23 billion by 2020.​

The global luxury packaging market continues to grow by exciting trends such as the surge of personalized packaging, increasing awareness to sustainability issues, demographic and economic drivers. It is one of the most lucrative opportunities in the packaging industry. The prestigious brands look for new packaging techniques and innovations to enable their products to shine in extremely competitive shelf spaces. The packaging sales in the emerging markets are expected to continue to show strong growth. As both increased consumer consumption and demand for luxury goods drives the need for more sophisticated packaging.

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.