Luxury rigid boxes are popularly used for packaging of consumer goods including luxury pens, watches, electronic accessories, confectionery foods, cosmetics, etc. Since 2012, manufacturers in China and India have invested considerably in increasing their production capacity of luxury rigid boxes. Revolutionary boom in mobile phones and mobile phones accessories have encouraged many small and local manufacturers to enter the luxury rigid box market in India and China. The global market for luxury rigid box market is characterized by presence of small to mid-size manufacturer along with established multinational players.
Manufacturers of
luxury rigid box cater to client base, particularly operating in the sweet and
confectionary food products market. The global market for sweets, confectionery
and other food products is expected to witness growth due to evolution in the
product offerings by food product manufacturers. Luxury rigid boxes are
different from conventional paperboard boxes or folding cartons in terms of
design, strength, visual quality and overall packaging functionality. Visual
quality and material properties of luxury rigid boxes result in end user
preference for product packaged in luxury rigid boxes.
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Market Dynamics:
The global market
for luxury rigid box is expected to witness considerable growth during the
forecast period, particularly drive by demand from confectionery food products
manufacturers. Popular confectionery food products that are packed and
transported in luxury rigid box include sugar candies, nuts, chewing gum, ice
creams, etc. Apart from sugar confectionaries, luxury rigid boxes are also used
for packaging of baker confectioneries such as cakes, cookies, doughnut,
pastries, etc. Demand for baker confectionary constitutes prominent market
segment in the global market for luxury rigid boxes. Apart from food products,
luxury rigid boxes are also used for packaging of electronic goods, consumer
goods, cosmetics, jewellery, etc. Manufacturers of luxury rigid boxes invest in
high quality material requirements and technologically advanced printing
capabilities in order to deliver visually appealing luxury rigid boxes to their
clients.
The global market
for luxury rigid box is characterized by supply of products in extensive range
of designs particularly segmented as telescopic luxury rigid box, two piece
luxury rigid box and hinged lid luxury rigid box.
Regional Outlook:
Geographically, the
global luxury rigid box market is segmented into 7 key regions including North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding
Japan (APEJ), Japan, and Middle East and Africa (MEA).
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Key Players:
Some of the players
operating in the global luxury rigid box market include Burt Rigid Box, Inc.,
Pragati, Bell Printers, ACG Ecopak, Taylor Box, Guangzhou Fetching Color
Printing & Packaging Co., Ltd., Shenzhen Xinda Packaging Co., Ltd.,
Dongguan Fullbright Industry Company Limited, Guangdong Jin Wei Da Colour
Printing Co., Ltd., Guangzhou Yison Printing Co., Ltd., Dongguan Crown Win
Package Co., Ltd. and Shenzhen CyGedin Printing & Packaging Co., Ltd.
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