Gift Packaging Market PPT: Demand, Trends and Business Opportunities 2023-28

Author: Elena Anderson

Marketing Manager

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Global Gift Packaging Market Research Report 2023-2028:

According to the latest report by IMARC Group, titled " Gift Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 -2028

," the global gift packaging market size reached US$ 22.5 Billion in 2022.

A gift is used to express affection and gratitude towards family, friends and relatives. It is packed in boxes and bags and decorated with ribbons to enhance the aesthetic value. At present, the emerging trend of gifting on various special occasions, like birthdays, farewells, anniversaries, and festivals, is positively influencing the need for gift packaging.

It can also be accredited to the availability of gift packaging in various shapes, sizes, and colors depending upon the requirements of individuals.

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Global Gift Packaging Market Trends:

The growing use of personalized prints in gift wrapping is driving the market across the globe. Moreover, the rising trend of corporate gifting culture as a strategic move among organizations to motivate employees for their performance is favoring the market growth. In addition, the increasing number of online applications that offer gifting services with convenient check-outs, fast shipping facilities, and innumerable payment methods for targeting a larger consumer base is contributing to the market growth. Apart from this, due to the growing environmental concerns, there is a rise in the availability of eco-friendly packaging solutions like cloth bags, recycled paper, and paperboards to expand their product portfolio.

Key players are launching corrugated gift boxes that offer several beneficial properties, such as reusability, durability, and attractive appearance. Product manufacturers are also developing innovative gift containers, such as slide sleeves and telescopic packs. They are focusing on three dimensional (3D) digital printing solutions for packaging methods to attract a wider consumer base. Furthermore, the growing adoption of gifting cosmetic products, electronics, food and beverages, flowers, and clothes in appealing packaging solutions with tailored labels is creating a positive outlook for the market.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/gift-packaging-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Product Type:

• Ribbons

• Wrapping Papers

• Containers

• Boxes

• Others

Breakup by Material:

• Paper and Paperboards

• Plastic

• Glass

• Others

Breakup by Packaging:

• Primary Packaging

• Secondary Packaging

• Tertiary Packaging

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Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• Card Factory

• DS Smith plc

• Ebro Color GmbH

• Hallmark Cards Inc

• IG Design Group plc

• International Packaging Corporation

• Karl Knauer KG

• Mondi plc

• POL-MAK

• Smurfit Kappa Group plc

• Yama Ribbon & Bows Co. Ltd

1. What was the size of the global gift packaging market in 2022?

2. What is the expected growth rate of the global gift packaging market during 2023-2028?

3. What are the key factors driving the global gift packaging market?

4. What has been the impact of COVID-19 on the global gift packaging market?

5. What is the breakup of the global gift packaging market based on the product type?

6. What is the breakup of the global gift packaging market based on the material?

7. What is the breakup of the global gift packaging market based on the packaging?

8. What are the key regions in the global gift packaging market?

9. Who are the key players/companies in the global gift packaging market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/gift-packaging-market/toc

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