Quadintel published a new report on the Luxury Rigid Boxes Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Luxury Rigid Boxes Market is valued approximately USD $$ billion in 2021and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
Rigid boxes are type of packaging solutions. These boxes are rectangular in shape. Rigid Boxes features a lid and a tray that is made from cardboard. Rigid boxes are widely used across various end use industries such as food & beverages, consumer electronics, cosmetics among others. Growing Food & beverages sector and rising demand for sustainable packaging solutions are key drivers for the growth of Luxury Rigid Boxes market.
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For instance, according to global database management company Statista- In 2021, the worldwide functional foods and beverage market was valued at USD 281.14 billion, and the market is estimated to grow at a compound annual growth rate of about 9.5 percent between 2021 and 2028. For 2028, the market is estimated to be worth over USD 0.5 trillion. Furthermore, in September 2021, European Packaging and Containers company Robinson has collaborated with luxury chocolate manufacturer Holdsworth to produce a range of celebration chocolates. The crafted boxes and lids are made from 100% post-consumer recycled paperboard and are widely recyclable. Also, with rising penetration of e-commerce platform in emerging markets and growing advancements in Packaging Technology, the adoption & demand for Luxury Rigid Boxes is likely to increase the market growth during the forecast period. However, negative impact of pandemic restriction on end use industries and high-cost luxury rigid packaging solutions impedes the growth of the market over the forecast period of 2022-2030.
The key regions considered for the Global Luxury Rigid Boxes Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and rising food and beverages sector in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing bakery and confectionary industry and surging retail food services industry in the region would create lucrative growth prospects for the Luxury Rigid Boxes market across Asia-Pacific region.
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Major market player included in this report are:
PakFactory Canada Pvt Ltd.
Madovar Packaging Inc.
Burt Rigid Box Inc.
Taylor Box Company Pvt Ltd.
DS Smith plc
Bigso AB Ltd.
Sunrise Packaging Inc.
Finn Industries, Inc.
Asia Korea Printing Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging Type:
Hinge lid Box
Rigid Sleeve Box
Shoulder Neck Box
Paper & Paper Board
By Closure Type:
By End Use Industries:
Fashion Accessories & Apparels,
Food & Beverages,
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Luxury Rigid Boxes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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