Packaging / Luxury Rigid Boxes Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Robinson Plc, McLaren Packaging, DS Smith, PakFactory, Madovar Packaging, Burt Rigid Box, Inc.
Luxury Rigid Boxes Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Robinson Plc, McLaren Packaging, DS Smith, PakFactory, Madovar Packaging, Burt Rigid Box, Inc.
Registering a CAGR of 3.6% over the forecast period of 2022-2027, the global Luxury Rigid Boxes market is anticipated to reach the market value of USD 5.68billion in the year 2027 from USD 4.85 billion in the year 2021.
Luxury Rigid Boxes Market Overview
Luxury rigid boxes are commonly used for packaging of consumer goods including luxury pens, watches, electronic accessories, confectionery foods, cosmetics, etc. Since 2012, producers in China and India have participated considerably in growing their production capacity of luxury rigid boxes. Revolutionary successful in mobile phones and mobile phones accessories have fortified many small and local producers to enter the luxury rigid box market in India and China. The global industry for luxury rigid box market is categorized by presence of small to mid-size producer along with established multinational companies.
Global regulatory authorities' growing concern about the increase in plastic waste from packaging and its inappropriate disposal is expected to boost the paper and paperboard product market over the forecast period. Rigid packaging made of paper and paperboard is environmentally friendly and biodegradable. Without damaging the environment, such things can be landfilled, composted, or recycled.
Rigid packaging made of paper and paperboard may be reused many times, making it a sustainable kind of packaging; however, most flexible packaging is not eco-friendly and cannot be reused. Recycling of paper-based products is prevalent, however due to the different layers of flexible packaging, recycling is not possible.
Recent Developments:
22 February 2022: Fortnum and Mason collaborate with Robinson to launch luxury iced fingers--
Robinson – the manufacturer specialising in value-added custom packaging – has partnered with Fortnum and Mason to launch their new iced fingers. Robinson produced two different sized boxes that have been embellished with gold blocking to add a luxury, high-end appeal.
11.1.2022: Metsä Board developed a combined gift and transport packaging for wines--
In cooperation with the German Prinz von Hessen winery, Metsä Board has developed a new packaging, which is both a gift and a transport box. Metsä Board's packaging design team designed the robust and eye-catching packaging solution at its Excellence Centre in Äänekoski, Finland.
What are the major Applications, Types and Regions for Luxury Rigid Boxes Market?
By Type, it is segmented into
Metals
Plastics
Paper & Paper Board
Wood
By Applications it is segmented into
Fashion Accessories & Apparels
Food & Beverages
Consumer Goods
Consumer Electronics
Others
Luxury Rigid Boxes Market Regional Analysis
Asia Pacific and Europe are the two regions that have been leading the global luxury rigid boxes market since the past few years. These two regions collectively accounted for more than 60% of the total market revenue in 2020. The Asia Pacific luxury rigid boxes market is projected to grow at a CAGR of 5.2% during the forecast period (2021-2026). Asia Pacific is followed by North America and Europe. Together, these three regions are expected to account for more than 80% of the total market revenue by 2026. Asia Pacific is anticipated to remain the fastest growing region over the forecast period owing to the growing demand for luxury rigid packaging from cosmetics, fragrances, and jewelry industry in countries such as China, Japan, and India. Asia Pacific is followed by North America and Europe. Together, these three regions are expected to account for more than 80% of the total market revenue by 2026.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Luxury Rigid Boxes Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 3.6% over the forecast period (2022-2027)
By Type
Metals
Plastics
Paper & Paper Board
Wood
By Application
Fashion Accessories & Apparels
Food & Beverages
Consumer Goods
Consumer Electronics
Others
By Companies
Robinson Plc, McLaren Packaging, DS Smith, PakFactory, Madovar Packaging, Burt Rigid Box, Inc., Holmen Group (Iggesund Paperboard), Elegant Packaging, Elite Marking Systems, Bigso Box Of Sweden, ACG Ecopack, JohnsByrne, Sunrise Packaging, Asia Korea Printing Inc., Bell Printers, Prime Line Packaging, Autajon, Npack ltd., Taylor Box Company
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
165
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Luxury Rigid Boxes Report
Evaluate Luxury Rigid Boxes market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Luxury Rigid Boxes market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Luxury Rigid Boxes Market?
The Luxury Rigid Boxes Market is growing at a CAGR of 3.6% over the next 5 years.
Who are the key players in Luxury Rigid Boxes Market?
Robinson Plc, McLaren Packaging, DS Smith, PakFactory, Madovar Packaging, Burt Rigid Box, Inc., Holmen Group (Iggesund Paperboard), Elegant Packaging, Elite Marking Systems, Bigso Box Of Sweden, ACG Ecopack, JohnsByrne, Sunrise Packaging, Asia Korea Printing Inc., Bell Printers, Prime Line Packaging, Autajon, Npack ltd., Taylor Box Company
What are the significant types of Luxury Rigid Boxes Market?
Metals, Plastics, Paper & Paper Board, Wood
What are the major end-use applications of Luxury Rigid Boxes Market?
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.