Gift Packaging Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2017 -2027
Gift Packaging Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2017 -2027
Published by mark itwired
Posted on August 18, 2021
The COVID-19 pandemic has caused severe impacts on
the global economy at various levels and which can be seen on the Packaging
industry as well. The thriving market of the packaging industry is expected to exhibit
a steep decline in the sales during the lockdown period owing to the shutdown
of the manufacturing units, acute shortage in the supply of raw materials and
absence of potential manpower. It can be deduced from the current situations
brought about by the pandemic that the production, and supply chain activities
have experienced minor hurdles. However, the market is projected to gradually
recover post-COVID-19, which will present attractive opportunities for sales across
various regions of the world in the following years.
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Gift Packaging Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.
The team of analysts at Future Business Insights are focussing on research and market study to produce different Gift Packaging Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Gift Packaging Market.
The global gift packaging market is highly competitive, with top five
players accounting for nearly 10% of market revenue. Market players are
entering into strategic acquisitions of small or regional players to fortify
their presence across the regional markets.
For instance, Hallmark Cards is capitalizing on potential growth
prospects by expanding its product portfolio across developing regions such as
China, and India.
Hallmark Cards has implemented a strategy – ‘Grow with Hallmark’ – that
allows customers to open their gifts and greeting cards in the stores per se.
Similar strategies were Packlyn Ltd
Smurfit Kappa Group
Shenzhen Fuxiang Gifts & Packaging Co. Ltd.
Ebro Color GmbH
Interpak.
Region
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South
Africa)
Gift Packaging
Market: Segment Analysis
The global market is categorized on
the following basis
What is the size of the overall Gift
Packaging Market in the Packaging Industry and its segments?
What are the key segments and
sub-segments in the market?
What are the key drivers, restraints,
opportunities, and challenges of the Gift Packaging Market in the Packaging
Industry, and how they are expected to impact the market?
What are the attractive investment
opportunities within the Gift Packaging Market in the Packaging Industry?
What is the Gift Packaging Market in the
Packaging Industry size at the regional and country-level?
What are the key market players
focusing on?
What are the strategies for growth adopted
by the key players in Gift Packaging Market in the Packaging Industry?
What are the recent trends in Gift
Packaging Market in the Packaging Industry? (M&A, partnerships, new product
developments, expansions)?
What are the challenges to the Gift
Packaging Market in the growth of the Packaging Industry?
What are the key market trends impacting the growth of the Gift Packaging Market in the Packaging Industry?
We provide
authentic and detailed an analysis on various market trends to enable businesses
to make informed and beneficial decisions to attain competitive edge over key
players.
Our analysts
provide detailed market segmentation along with meaningful insights and extensive
reports that other companies fail to include.
The report includes
accurate analysis of the market and the current developing trends affecting the
growth. FMI
speaks to stakeholders across the spectrum, including C-level executives,
distributors, product manufacturers, industry experts. This ensures that the data
collected is from highly reliable sources.
Explore FMI’s Extensive Coverage on the Packaging Domain
Labeling Equipment Market – 2021 Analysis and Review: Labeling Equipment Market by Labeling Type – Adhesive Based Labeling and Non-Adhesive Based Labeling for 2021 – 2031
Dual Ovenable Lidding Films Market – 2021 Analysis and Review: Dual Ovenable Lidding Films Market by Seal Type – Peelable Seal and Permanent Seal for 2021 – 2031
Cling Film Market – 2021 Analysis and Review: Cling Film Market by End Use – Food, Healthcare, Consumer Goods, and Industrial for 2021-2031
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Packaging industry as well. The thriving market of the packaging industry is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Gift Packaging Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.
The team of analysts at Future Business Insights are focussing on research and market study to produce different Gift Packaging Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Gift Packaging Market.
The global gift packaging market is highly competitive, with top five players accounting for nearly 10% of market revenue. Market players are entering into strategic acquisitions of small or regional players to fortify their presence across the regional markets.
For instance, Hallmark Cards is capitalizing on potential growth prospects by expanding its product portfolio across developing regions such as China, and India.
Hallmark Cards has implemented a strategy – ‘Grow with Hallmark’ – that allows customers to open their gifts and greeting cards in the stores per se. Similar strategies were Packlyn Ltd
Smurfit Kappa Group
Shenzhen Fuxiang Gifts & Packaging Co. Ltd.
Ebro Color GmbH
Interpak.
Region
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Gift Packaging Market: Segment Analysis
The global market is categorized on the following basis
What is the size of the overall Gift Packaging Market in the Packaging Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Gift Packaging Market in the Packaging Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Gift Packaging Market in the Packaging Industry?
What is the Gift Packaging Market in the Packaging Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Gift Packaging Market in the Packaging Industry?
What are the recent trends in Gift Packaging Market in the Packaging Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Gift Packaging Market in the growth of the Packaging Industry?
What are the key market trends impacting the growth of the Gift Packaging Market in the Packaging Industry?
We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
Explore FMI’s Extensive Coverage on the Packaging Domain
Labeling Equipment Market – 2021 Analysis and Review: Labeling Equipment Market by Labeling Type – Adhesive Based Labeling and Non-Adhesive Based Labeling for 2021 – 2031
Dual Ovenable Lidding Films Market – 2021 Analysis and Review: Dual Ovenable Lidding Films Market by Seal Type – Peelable Seal and Permanent Seal for 2021 – 2031
Cling Film Market – 2021 Analysis and Review: Cling Film Market by End Use – Food, Healthcare, Consumer Goods, and Industrial for 2021-2031