The latest report by IMARC, titled “Luxury Packaging Market Report by Material (Paperboard, Wood, Plastic, Glass, Metal, and Others), Application (Cosmetics and Fragrances, Confectionery, Watches and Jewelry, Alcoholic Drinks, Food and Non-Alcoholic Drinks, and Others), and Region 2025-2033”, finds that the global luxury packaging market size reached USD 17.5 Billion in 2024. Luxury Packaging refers to the packing of premium and high-quality goods to enhance their brand and aesthetic appeal. It also offers information about the product value and its benefits. Luxury packaging plays a crucial part in protecting the product against any damage. In recent years, luxury packaging has gained traction on account of the evolving market trends and changing consumer preferences due to which key players are introducing new solutions with enhanced functionality and multi-use designs.
Global Luxury Packaging Market Trends:
One of the primary factors driving the market is the extensive utilization of sustainable and bio-degradable packaging solutions. Several companies are also focusing on sustainable development due to the rising environmental consciousness among the masses, thus preferring products and packaging made from natural materials. Besides this, exponential growth in the e-commerce industry is escalating the demand for luxury packaging. In line with this, key players are launching packaging equipped with radio-frequency identification (RFID) tags or decorative holograms, along with returnable packaging options to cater to the unique challenges presented by online retailing and product counterfeiting. Moreover, technological advancements and the widespread integration of automation in the production processes are also providing an impetus to the market growth. Looking forward, IMARC Group expects the market value to reach USD 24.6 Billion by 2033, expanding at a CAGR of 3.82% during the forecast period (2025-2033).
Market Summary:
- Based on the material, the market has been divided into paperboard, wood, plastic, glass, metal, and others.
- On the basis of the application, the market has been segregated into cosmetics and fragrances, confectionary, watches and jewelry, alcoholic drinks, food and non-alcoholic drinks, and others.
- Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
- The competitive landscape of the market has also been analyzed, with some of the key players being Amcor, Ardagh Group, Crown Holdings, DS Smith, HH Deluxe Packaging, Lucas Luxury Packaging Limited, MW Luxury Packaging, Owens-Illinois Inc., Pendragon Presentation Packaging Ltd., Prestige Packaging Industries, and Progress Packaging Ltd.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
Billion USD |
Segment Coverage |
Material, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Amcor, Ardagh Group, Crown Holdings, DS Smith, HH Deluxe Packaging, Lucas Luxury Packaging Limited, MW Luxury Packaging, Owens-Illinois Inc., Pendragon Presentation Packaging Ltd, Prestige Packaging Industries and Progress Packaging Ltd. |
Customization Scope |
10% Free Customization |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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