The Luxury Packaging market is estimated to be valued at US$ 15.82 Bn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Luxury packaging refers to premium and high-quality packaging of luxury goods and products. These are usually made from premium materials such as wood, plastic, glass, and metal. ... Read more
Luxury packaging is primarily used for premium and high-value products from industries such as personal care and cosmetics, food and beverages, and fashion and apparel among others. Luxury packaging aims to enhance the visual appeal and functionality of products to amplify the consumer experience. It utilizes premium materials such as glass, wood, metal, and leather along with sophisticated printing and finishing techniques. Luxury goods manufacturers are increasingly adopting innovative ... Read more