Gift Packaging Market Size, Demand, Price and Distributor Analysis till 2025
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.
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.
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Gift Packaging Market Size, Demand, Price and
Distributor Analysis till 2025
“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.”
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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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.
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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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