The Global Gift
Packaging Market research report interprets
definition, an investigation of significant progress in the industry. It
provides overall industry survey, product description, wide array of
applications, top players, and development forecast. It enhances understanding
about that market along with new business trends.
Over the last decade, gift
packing underwent a sea-change with rolling out of corporate and personal
gifts. New innovations in food packing and non-food items with artificial
jewelries, soft toys and artworks caught the attention. A multitude of product
categories including cookies, fruit baskets and wine hampers and different
types of cheese gifted on occasions of birthdays and festivals have come under
trending gifts with customers lifestyle and deep pockets under consideration
for driving change in the gift packaging market.
Wrapping paper including
lunch bags, decorative gift bags and decorative shopping bags have come under
lens for gift wrapping and alternatively decorative handkerchiefs touted as the
nearest handy accessory to hit the market and propel growth for gift packaging
market. The potent drivers to the market include e-tailers who have bridged the
gap between erstwhile manufacturers and customers to satisfy demand thus
enhancing gift packaging market.
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Main features of the report:
·
To provide
detailed analysis of the market structure along with forecast of the various
segments and sub-segments of the global Gift Packaging Market.
·
A complete
backdrop analysis, which includes an assessment of the parent market
·
Important
changes in market dynamics
·
Market
segmentation up to the second or third level
·
To provide
country level analysis of the market for segment by application, product type
and sub-segments.
·
To provide
strategic profiling of key players in the market, comprehensively analyzing
their core competencies, and drawing a competitive landscape for the market.
·
Track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global Gift Packaging Market.
·
Emerging
niche segments and regional markets
·
An
objective assessment of the trajectory of the industry.
Food gifting has
transformed from conventional standards to contemporary sweets with attractive packaging
and boosting gift packaging market. Furthermore, rise in disposable incomes has
let one spend beyond his standards in acquiring gifts thus enhancing the gift
packaging market. Personal gifting on holidays has given rise to ostentatious
show of wealth with gifting to one and all matching one’s standard and
lifestyle. This augurs well for the gift packaging market.
Segmentation by packaging
type comprises primary packaging, secondary packaging and tertiary packaging.
On the basis of product type, segmentation goes as gift boxes containers,
ribbons and bows, gift sacks, gift bags, wrapping paper, tissue paper and
shreds, cell phone overwrap and bags, gift card and money holders and others.
By materials, global gift
packaging market includes plastics, paper and paperboard, metals, glass and
others. By geography, gift packaging market is segmented into North America,
Europe, Asia Pacific, MEA and Latin America. Corrugated packaging has risen by
leaps and bounds in UK and by far is the most widespread mode of packaging in
the industry.
Asia Pacific leads market
with rise in GDP and increasing disposable incomes with an increased consumer
base and India and China portray countries with gregarious markets and having
exposure to maximum spending. As per news article dated August 2016, gift
packaging market in US is leading with gifting of candies and chocolates with
elaborate packaging and gifts being doled out to far-flung relatives and online
retailers have faster transactions with free delivery and shipment. Key
industry players include Smurfit kappa group, Packlyn Ltd, Shenzen Fuxiang
gifts & packaging gifts, Interpak, Ebro Color GmbH.
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