Extravagance Packaging Market Expects Biodegradable EcoFriendly Variants to Drive Future Growth MarketIntelReports GlobeNewswire official statement

“Delaware, March 09, 2017 (GLOBE NEWSWIRE) — The report u201cGlobal Luxury Packaging – Strategic Assessment and Forecast Till 2021u201d, available on MarketIntelReports, estimates that the market will exhibit a CAGR of 4.96% till 2021.
Browse numerous Market Tables as well as Figures which are spread through Pages and an in-depth TOC on the u201cLuxury Packaging Market 2016 – 2021u201d http://www.marketintelreports.com/report/1609-01/global-luxury-packaging–strategic-assessment-and-forecast-till-2021
Scope & Regional Forecast of the Luxury Packaging Market
Luxury brands view packaging materials as a vital component within their overall work-flow because they provide an identity and impart a certain brand value. Luxury packaging manufacturers are constantly on the lookout for strategic investments to improve their brand image. In their purest form, luxury packaging boxes are designed while always keeping the target audience in mind. Hence, luxury packaging companies end up producing a unique style of luxury gift boxes.
Meanwhile, high-end packaging considers factors like price, weight and unique style as the prime factors of concern. Packaging companies are gradually prioritizing sustainable development over everything else. This is reflected in the development of biodegradable and eco-friendly luxury box packaging. Thus, the Luxury Packaging Market has a tremendous scope for growth during the forecast period till 2021.
Request Sample PDF Brochure @ http://www.marketintelreports.com/pdfdownload.php?id=1609-01
According to predictions, the Luxury Packaging Market is expected to be valued at $23 Billion by 2021, with a CAGR of 4.96% during the same time period. Some of the exciting trends taking over the demand for packaging materials are: a need for personalization; rising public demand for sustainable packaging; and other demographic drivers. Luxury packaging has rapidly transformed into one of the most lucrative segments within the packaging industry.
The Luxury Packaging Market considers the surprisingly fast growth of the E-commerce business as the most vital driver of growth during the next few years. Product manufacturers are also aware of the significant effects of packaging as well as display on a customeru2019s mind. They are increasingly tapping these to factors to gain a competitive advantage over rivals. Another factor worrying luxury packaging companies are the constantly changing style trends. Keeping up with them is imperative as missing out means a significant drop in market share in a short period of time.
In 2015, the US held the highest revenue share within the Luxury Packaging Market with 21.5%. It was followed by China while Europe grabbed 36% of the consumption share in terms of all luxury goods which were consumed. Most of the latest style trends come out of Europe as the major luxury houses are all situated in the region.
Inquiry before buying report @ http://www.marketintelreports.com/inquiry-before-buying.php?id=1609-01
Prominent Segmentations Involved in the Luxury Packaging Market
The Luxury Packaging Market can be broken down into various segmentations on the basis of –
Material : Paper & Paperboard, Glass, Metal, Plastic, Wood and Others.
: Paper & Paperboard, Glass, Metal, Plastic, Wood and Others. End-Use : Cosmetics & Fragrances, Premium Alcoholic drinks, Gourmet Food & Beverages, Watches & Jewellery, Confectionery, Tobacco and Others.”

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Extravagance Packaging Market Expects Biodegradable EcoFriendly GlobeNewswire public statement

“Delaware, March 09, 2017 (GLOBE NEWSWIRE) — The report u201cGlobal Luxury Packaging – Strategic Assessment and Forecast Till 2021u201d, available on MarketIntelReports, estimates that the market will exhibit a CAGR of 4.96% till 2021.
Browse numerous Market Tables as well as Figures which are spread through Pages and an in-depth TOC on the u201cLuxury Packaging Market 2016 – 2021u201d http://www.marketintelreports.com/report/1609-01/global-luxury-packaging–strategic-assessment-and-forecast-till-2021
Scope & Regional Forecast of the Luxury Packaging Market
Luxury brands view packaging materials as a vital component within their overall work-flow because they provide an identity and impart a certain brand value. Luxury packaging manufacturers are constantly on the lookout for strategic investments to improve their brand image. In their purest form, luxury packaging boxes are designed while always keeping the target audience in mind. Hence, luxury packaging companies end up producing a unique style of luxury gift boxes.
Meanwhile, high-end packaging considers factors like price, weight and unique style as the prime factors of concern. Packaging companies are gradually prioritizing sustainable development over everything else. This is reflected in the development of biodegradable and eco-friendly luxury box packaging. Thus, the Luxury Packaging Market has a tremendous scope for growth during the forecast period till 2021.
Request Sample PDF Brochure @ http://www.marketintelreports.com/pdfdownload.php?id=1609-01
According to predictions, the Luxury Packaging Market is expected to be valued at $23 Billion by 2021, with a CAGR of 4.96% during the same time period. Some of the exciting trends taking over the demand for packaging materials are: a need for personalization; rising public demand for sustainable packaging; and other demographic drivers. Luxury packaging has rapidly transformed into one of the most lucrative segments within the packaging industry.
The Luxury Packaging Market considers the surprisingly fast growth of the E-commerce business as the most vital driver of growth during the next few years. Product manufacturers are also aware of the significant effects of packaging as well as display on a customeru2019s mind. They are increasingly tapping these to factors to gain a competitive advantage over rivals. Another factor worrying luxury packaging companies are the constantly changing style trends. Keeping up with them is imperative as missing out means a significant drop in market share in a short period of time.
In 2015, the US held the highest revenue share within the Luxury Packaging Market with 21.5%. It was followed by China while Europe grabbed 36% of the consumption share in terms of all luxury goods which were consumed. Most of the latest style trends come out of Europe as the major luxury houses are all situated in the region.
Inquiry before buying report @ http://www.marketintelreports.com/inquiry-before-buying.php?id=1609-01
Prominent Segmentations Involved in the Luxury Packaging Market
The Luxury Packaging Market can be broken down into various segmentations on the basis of –
Material : Paper & Paperboard, Glass, Metal, Plastic, Wood and Others.
: Paper & Paperboard, Glass, Metal, Plastic, Wood and Others. End-Use : Cosmetics & Fragrances, Premium Alcoholic drinks, Gourmet Food & Beverages, Watches & Jewellery, Confectionery, Tobacco and Others.”

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Practical eyecatching and ecofriendly the ice cream parlor bundling challenge Foodprocessing

“As the consumption of confectionery and bakery products continues to rise, so do the expectations of consumers. Not only do they want to be wowed by the taste, they are also becoming choosier about packaging. It has to catch the eye and provide additional functions while also responding to long-term environmental requirements. This is forcing manufacturers of confectionery and baked goods to be more creative and efficient. The good news is that packaging producers and machine manufacturers are able to help out with material-conserving packaging solutions and more efficient production lines.
The confectionery industry goes to enormous lengths to sway consumers with its products. Packaging chocolate and similar delights in appetising wrappers and allowing the product to speak for itself are no longer enough these days. To entice the consumer, manufacturers are digging deeper into their box of tricks, with the latest trends including fun videos and commercials for their products that consumers can watch in the process of consumption.
Snackertainment
One of the pioneers of u2018snackertainmentu2019, in which the real and the digital worlds merge, is food giant Nestlu00e9. In a marketing campaign with Google, it has the red rectangular wrappers of u201chave-a-breaku201d Kit Kat printed with QR codes that lead straight to the manufactureru2019s own u2018You Tube my Breaku2019 cha
el. This is where users are entertained in a variety of ways u2014 and thus are cleverly hooked by the product.
What makes the campaign different is that the striking Kit Kat logo with its strong brand identity has been removed from its central position on the wrapper and replaced by YouTube. In addition, Googleu2019s Android operating system was given a brand name in the shape of Kit Kat for the first time in history.
The importance of packaging applies all the more as the selection of sweets and bakery products at the point of sale is constantly growing. More and more, products with traditions going back many years are being joined by sugar-free or sugar- and fat-reduced confectionery. The range of confectionery suitable for vegetarian or vegan diets is also on the increase. In addition, confectionery that is gluten- or lactose-free, halal or kosher can now be found in almost any supermarket.
The packaging conundrum
In the snack sector, said Germanyu2019s Association of the Confectionery Industry (BDSI), the palette is growing in diversity and offering a huge variety of flavours. u201cThanks to this vast diversity, thereu2019s a matching product for every consumer,u201d said Torben Erbrath from BDSI. u201cThe package paves the way into the shopping trolley.u201d
Package designers are therefore faced with a difficult task. They have to publicise the snack with memorable slogans across all possible media and showcase it on the shelves with attention-grabbing colours and shapes.
Spoilt for choice: choosing from such a vast array of products is not easy. Brands and conspicuously packaged goods go down best with consumers. (Photo: Bosch)”

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