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
The luxury packaging market involves the use of premium quality materials like glass, wood, metal and paper for packaging of high-end goods. Luxury packaging provides products with visual appeal, texture and usability which enhances the brand image and establishes an aura of exclusivity and prestige. The demand for luxury packaging is gaining traction across industries like food and beverages, cosmetics, perfumes, clothing and accessories as companies are increasingly focusing on offering ... Read more