Gift Boxes Market: Overview
The gift boxes come under the category of the flexible packaging solutions and it is used widely in the food and beverage sector for the packing the products such as chocolate, sweets, ice-cream, and wine. In order to make the packaging attractive, gift boxes are used. Other products that are packed within the gift boxes include electronic gadgets, sculpture, cosmetic products, jewelry, toys, and personal care products.
Gift Boxes Market: Facts
The Bayley's Boxes, Inc. provides a wide range of small gift boxes and favor boxes. They have a wide range of coolest gift boxes that are fun and colorful. Some of the products that are available include trinket boxes mini, two-piece boxes, cake slice boxes, CD pouches, pillow pouches, and much more.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Gift Boxes Market: Segmentation
The global market for the gift boxes is fragmented into its raw material, end-user industry, product type, and the printing technology. Based on the raw material, the global market is segregated into paper, plastics, and others. Based on the end-user industry, the market is categorized into consumer goods, bakery & confectionary, frozen desserts, electronic devices, food and beverages, alcoholic drinks, cosmetic and personal care, and others. Based on the product type, the market is divided into telescopic boxes and slide sleeve boxes. Based on the printing technology, the market is bifurcated into flexography, dry toner, inkjet photography technology, lithography, electrophotography technology, liquid toner, and others.
Gift Boxes Market: Growth Factors
The major factor that contributes to market growth is the development of the e-commerce. In the e-commerce, the gift box packaging plays a significant role. The gift boxes are now not only used for the product protection but also they provide benefits such as reusability, durability, and attractive appearance. Owing to better benefits that are offered by the gift boxes over the alternatives that are available in the market the gift boxes market is gaining huge popularity. The current trend that is popular in the gift boxes market is the paper or corrugated gift boxes. These boxes are eco-friendly, sustainable, and degradable thus can be used on a large scale. Other factors that are contributing to the market growth are rise in the disposable income and the consumer’s inclination towards attractive packaging solutions.
Gift Boxes Market: Regional Analysis
The regions that are contributing the maximum share in the gift boxes market are North America and Asia Pacific. It is expected in the coming years these regional markets will experience a significant growth in the gift boxes market. In Asia Pacific region, it is China that has the largest market for the gift boxes owing to the growing preferences for the aesthetic and convenience packaging. In the Middle East and Africa region, the gift boxes market is experiencing a moderate growth owing to the factors such as rise in the per capita income and the increasing popularity of the luxury packaging solutions.
Gift Boxes Market: Competitive Players
The key market players that are involved in the gift boxes market include Shenzhen Fuxiang Gifts & Packaging Co. Ltd., Varanna Industries, Om Express Print Pack Private Limited, Shenzhen Tianya Paper Products Co.,Ltd., Qingdao Hongrui Industry Co. Ltd., Bayley's Boxes, Shanghai Xianrong Packing Co., Ltd., and Valtenna Industria Cartotecnia.
Gift Boxes Market: Regional Segment Analysis
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