Global Shoe Packaging market, which accrued revenue worth nearly 3.2 (USD Billion) in 2018 and is slated to garner earnings worth 7.89 (USD Billion) by 2025, is set to grow at a CAGR of 6.2% during the period from 2019 to 2025.
The global Shoe Packaging market, which accrued revenue worth nearly 3.2 (USD Billion) in 2018 and is slated to garner earnings worth 7.89 (USD Billion) by 2025, is set to grow at a CAGR of 6.2% during the period from 2019 to 2025. The report offers valuation and analysis of the Shoe Packaging market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).
Shoe packaging includes shoes packaged in attractive boxes and supporting key functions such as protection, storage, transportation, and communication of brand value to the end-users. Furthermore, shoes are the main components of formal or causal dressings. Apart from this, shoe packaging offers huge protection against atmospheric moisture, shocks, and dust. Reportedly, corrugated boxes are utilized as a key form of shoe packaging. Nonetheless, shoe suppliers make use of many layers of primary packaging like bubble wraps, plastic thin covers, and thin protective wraps for improving the shock resistant characteristics of shoe packaging systems. Apparently, packaging being one of the key promotional activities for the firm that can help in accruing huge profits, it is essential that shoe packaging has prominent design printing abilities.
The expansion of the shoe packaging industry over the assessment period is attributed to growing demand for sustainable packaging along with need for cost-effective designs. In addition to this, growing need for providing shoes in new as well as appealing way is likely to generate lucrative growth avenues for the market over the forecast period. Favorable government laws promoting eco-friendly packaging will boost the market trends. Key players are accepting new designs appealing to masses and also help in saving costs on raw material, thereby steering the expansion of shoe packaging market over the assessment timeframe.
Furthermore, shoe packaging protects shoes against moisture, damage, dust, and shocks at the time of transportation. The packaging of shoes can be one of the effective tools for communicating product info to the potential customers. Nonetheless, one time utility of shoe packaging along with low access to natural resources can put brakes on the market expansion in the years ahead.
The growth of the shoe packaging industry in Asia Pacific during the assessment period is due to rise in the industrialization and surge in the urban populace witnessed in the countries like New Zealand, China, Japan, Indonesia, Australia, and India. Presence of key players in the sub-continent will further contribute towards the regional market size in the years ahead.
Thriving Shoe Packaging industry is also predicted to contribute immensely towards the expansion of footwear market in the foreseeable future.
Key participants profiled in the report are Elevated Packaging, Cross Country Box Company, Packman Packaging Private Limited, Royal Packers, Precious Packaging, Zhuhai ZhuoYa Packing Product Co. Ltd., Samrat Box Mfg. Co. Pvt. Ltd, Packaging of the World, and Sneakerbox Co.
Report Attributes | Report Details |
---|---|
Report Name | Shoe Packaging Market Research Report |
Market Size in 2018 | USD 3.2 Billion |
Market Forecast in 2025 | USD 7.89 Billion |
Compound Annual Growth Rate | CAGR of 6.2% |
Number of Pages | 110 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Elevated Packaging, Cross Country Box Company, Packman Packaging Private Limited, Royal Packers, Precious Packaging, Zhuhai ZhuoYa Packing Product Co. Ltd., Samrat Box Mfg. Co. Pvt. Ltd, Packaging of the World, and Sneakerbox Co. |
Segments Covered | By Product Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2018 |
Historical Year | 2015 to 2018 |
Forecast Year | 20219 - 2025 |
Customization Scope | Avail customized purchase options to meet your exact research needs.Request For Customization |
FrequentlyAsked Questions
The expansion of the shoe packaging industry over the assessment period is attributed to growing demand for sustainable packaging along with need for cost-effective designs. In addition to this, growing need for providing shoes in new as well as appealing way is likely to generate lucrative growth avenues for the market over the forecast period. Favorable government laws promoting eco-friendly packaging will boost the market trends. Key players are accepting new designs appealing to masses and also help in saving costs on raw material, thereby steering the expansion of shoe packaging market over the assessment timeframe.
Furthermore, shoe packaging protects shoes against moisture, damage, dust, and shocks at the time of transportation. The packaging of shoes can be one of the effective tools for communicating product info to the potential customers.
According to Zion market research report, the global Shoe Packaging market, which accrued revenue worth nearly 3.2 (USD Billion) in 2018 and is slated to garner earnings worth 7.89 (USD Billion) by 2025, is set to grow at a CAGR of 6.2% during the period from 2019 to 2025.
Asia Pacific is likely to make noteworthy contributions towards overall market revenue during forecast period. The regional market growth over 2019-2025 can be credited to rise in the industrialization and surge in the urban populace witnessed in the countries like New Zealand, China, Japan, Indonesia, Australia, and India. Presence of key players in the sub-continent will further contribute towards the regional market size in the years ahead.
The key players profiled in the report include Royal Packers, Elevated Packaging, Packman Packaging Private Limited, Precious Packaging, Samrat Box Mfg. Co. Pvt. Ltd., Zhuhai ZhuoYa Packing Product Co., Ltd., Sneakerbox Co., and Cross Country Box Company.
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