Packaging today is no longer done simply to protect products from damage, but has become an integral part for luxury brands, as it has become identification for setting up a brand value. Luxury brand manufacturers are investing in packaging as a strategy to improve their brand image. The global luxury packaging market is thus flourishing in this environment.
Packaging today is no longer done simply to protect products from damage, but has become an integral part for luxury brands, as it has become identification for setting up a brand value. Luxury brand manufacturers are investing in packaging as a strategy to improve their brand image. The global luxury packaging market is thus flourishing in this environment. While designing luxury packaging, each brand adopts a unique style. This helps customers to associate products with a particular brand ... Read more
Packaging today is no longer done simply to protect products from damage, but has become an integral part for luxury brands, as it has become identification for setting up a brand value. Luxury brand manufacturers are investing in packaging as a strategy to improve their brand image. The global luxury packaging market is thus flourishing in this environment.
Global Luxury Packaging Market Information Report by Material (Paperboard Material, Plastic, Glass and Others), by End-user (Food & Beverage, Confectionery, Personal Care & Cosmetics, and Others) and By Region - Global Forecast To 2023
Market Scenario
The global packaging market is constantly evolving, and is expected to witness high growth over the forecast period. The development of new and diversified packaging styles and high ... Read more
Packaging is a key element for luxury brands as it has a major role in identification and setting a brand value. The luxury brand manufacturers are strategically investing in packaging to enhance the brand image. The luxury packaging can be broadly classified as high street and pure luxury packaging based on the price of the product. Pure luxury packaging focuses more on the target audience while designing the packaging. In this case, each brand adopts a unique style of packaging. High ... Read more
Packaging is a key element for luxury brands as it has a major role in identification and setting a brand value. The luxury brand manufacturers are strategically investing in packaging to enhance the brand image. The luxury packaging can be broadly classified as high street and pure luxury packaging based on the price of the product. Pure luxury packaging focuses more on the target audience while ... Read more
The Luxury Packaging Market is estimated to be valued at US$ 15.1 billion in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Luxury Packaging Market involves the designing and production of high-end packaging solutions for premium products. These packaging ... Read more
