Posted By Uma Rajagopal
Posted on January 11, 2022
Gift Packaging Market Overview
Gifting is regarded as a way of expressing appreciation or gratitude. The culture of gift exchange has been evolving over the decades.
While exchanging gifts has been confined to holiday or festival season, individuals are exchanging gifts on several occasions such as farewell parties, graduation parties, house-warming parties, and anniversaries. Further, several companies recognize employees’ performance and offer incentives in the form of gifts.
Preference of gift packaging changes according to the regional preference, which is pushing manufacturers to enhance their product line by launching new products and innovative techniques.
Recent data reveal that the worldwide market value of gift wrapping products is anticipated to value around US$ 25 Bn in the coming years. As per FMI, the global gift market will grow at a healthy CAGR during the forecast period 2020-2030.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2636
Gift Packaging Market – Key Drivers
With the rising trend for “keeping it simple”, vibrant and aesthetically loud gift packaging designs appear to be brushed aside by basic and clean designs. Minimalistic designs aid brands to innovate based on presentation styles, enhancing the aesthetics of their offerings in the store shelves.
Major brands such as Etsy, and Zazzle provide an extensive scope of minimalistic designs with a creativity tinge, to take advantage of the growing minimal aesthetic trend.
Startups competing to mark their presence in the market are rapidly inclining toward the age-old successful franchise business concept as it provides enhanced durability and sustainable revenue benefits for both the franchisee and the franchisor.
Major brands including, DS Smith plc and Karl Knauer KG, are progressively leveraging the rising trend for customized prints in order to facilitate consumers with better design flexibility, and convenience. Moreover, the e-commerce giants such as Amazon and Snapdeal are playing an instrumental role in fuelling the gift packaging demand.
Gift Packaging Market – Growth Restraints
As the gift packaging market is characterized by the large-scale existence of local players, international players are confronting challenges in expanding their regional footprint in emerging countries. Moreover, the local companies provide gift packaging designs as per regional preferences at economic price points.
This is further raising bars for the industry goliaths. Moreover, the flourishing Do It Yourself (DIY) trend is hampering the demand for gift packaging solutions.
Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-2636
Gift Packaging Market – Competitive Landscape
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
By Packaging Type
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
By Product Type
- Gift boxes
- Containers
- Ribbons & Bows
- Gift Sacks
- Gift bags
- Wrapping paper
- Tissue Paper & Shreds
- Cellophane overwrap & bags
- Gift card & Money holders
- Others
By Materials
- Plastics
- Paper & Paperboard
- Metals
- Glass
- Others
Pre-Book Report@ https://www.futuremarketinsights.com/checkout/2636
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Top Reports Related To Packaging Market Insights
Non-Aerosol Overcaps Market : The non-aerosol overcaps market is expected to witness a soaring growth in 2021 with revenues up 7.3% each year. A new forecast by FMI estimates that the non-aerosol overcaps profit margin will nearly double between 2021 and 2031. The majority of demand for non-aerosol overcaps is because of consumer inclination towards packaging that is cost-effective, easy to use and sustainable.
Heat Transfer Paper Market : Newly released data from the heat transfer paper market analysis shows that global demand of the overall market is anticipated to register a CAGR of ~5.4% during the forecasted period and reach thousands of metric tonnes by 2031.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/gift-packaging-market
Gift Packaging Market Overview
Gifting is regarded as a way of expressing appreciation or gratitude. The culture of gift exchange has been evolving over the decades.
While exchanging gifts has been confined to holiday or festival season, individuals are exchanging gifts on several occasions such as farewell parties, graduation parties, house-warming parties, and anniversaries. Further, several companies recognize employees’ performance and offer incentives in the form of gifts.
Preference of gift packaging changes according to the regional preference, which is pushing manufacturers to enhance their product line by launching new products and innovative techniques.
Recent data reveal that the worldwide market value of gift wrapping products is anticipated to value around US$ 25 Bn in the coming years. As per FMI, the global gift market will grow at a healthy CAGR during the forecast period 2020-2030.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2636
Gift Packaging Market – Key Drivers
With the rising trend for “keeping it simple”, vibrant and aesthetically loud gift packaging designs appear to be brushed aside by basic and clean designs. Minimalistic designs aid brands to innovate based on presentation styles, enhancing the aesthetics of their offerings in the store shelves.
Major brands such as Etsy, and Zazzle provide an extensive scope of minimalistic designs with a creativity tinge, to take advantage of the growing minimal aesthetic trend.
Startups competing to mark their presence in the market are rapidly inclining toward the age-old successful franchise business concept as it provides enhanced durability and sustainable revenue benefits for both the franchisee and the franchisor.
Major brands including, DS Smith plc and Karl Knauer KG, are progressively leveraging the rising trend for customized prints in order to facilitate consumers with better design flexibility, and convenience. Moreover, the e-commerce giants such as Amazon and Snapdeal are playing an instrumental role in fuelling the gift packaging demand.
Gift Packaging Market – Growth Restraints
As the gift packaging market is characterized by the large-scale existence of local players, international players are confronting challenges in expanding their regional footprint in emerging countries. Moreover, the local companies provide gift packaging designs as per regional preferences at economic price points.
This is further raising bars for the industry goliaths. Moreover, the flourishing Do It Yourself (DIY) trend is hampering the demand for gift packaging solutions.
Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-2636
Gift Packaging Market – Competitive Landscape
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
By Packaging Type
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
By Product Type
- Gift boxes
- Containers
- Ribbons & Bows
- Gift Sacks
- Gift bags
- Wrapping paper
- Tissue Paper & Shreds
- Cellophane overwrap & bags
- Gift card & Money holders
- Others
By Materials
- Plastics
- Paper & Paperboard
- Metals
- Glass
- Others
Pre-Book Report@ https://www.futuremarketinsights.com/checkout/2636
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Top Reports Related To Packaging Market Insights
Non-Aerosol Overcaps Market : The non-aerosol overcaps market is expected to witness a soaring growth in 2021 with revenues up 7.3% each year. A new forecast by FMI estimates that the non-aerosol overcaps profit margin will nearly double between 2021 and 2031. The majority of demand for non-aerosol overcaps is because of consumer inclination towards packaging that is cost-effective, easy to use and sustainable.
Heat Transfer Paper Market : Newly released data from the heat transfer paper market analysis shows that global demand of the overall market is anticipated to register a CAGR of ~5.4% during the forecasted period and reach thousands of metric tonnes by 2031.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/gift-packaging-market
