Insight and Forecast of the Global Gift Packaging Box Market by 2026
Gift packaging box, food packaging box(chocolate box,pastry box,cookie box,baklava box..), refers to the act of encapsulating a gift in a certain material to enhance its aesthetic value. Gift packaging is usually fixed by a ribbon structure and decorated with decorative items such as bows at the top. Gift packaging has an attractive appearance and appeal, which has been confirmed to have a positive impact on the recipient.
The global gift packaging market remains fragmented. Leading companies in the gift packaging market are expanding their business scope from densely populated emerging economies to benefit from the booming retail industry.
Market Analysis and Insights: Global Gift Packaging Market
Before COVID-19, the gift packaging market is expected to grow from XX million US dollars in 2020 to XX million US dollars in 2026; It is expected that the compound annual growth rate from 2021 to 2026 will be XX%, and after COVID-19, the gift packaging market is expected to grow from XX billion US dollars in 2020 (a change of XX% compared to the market) to reach 2 billion US dollars by 2026; It is expected that the compound annual growth rate will be XX% between 2021 and 2026. The key factor driving the growth of the gift packaging market is the solicitation of proposals from governments and public private companies around the world to mitigate the impact of the COVID-19 pandemic.
Since the outbreak of COVID-19 virus in December 2019, the disease has spread to nearly 200 countries worldwide, and the World Health Organization has declared it an emergency public health event. People have begun to feel the global impact of COVID-19 in 2019, and it will seriously affect the gift packaging market in 2020. The outbreak of COVID-19 has had an impact on many aspects, such as flight cancellations; Travel bans and quarantine; Restaurant closure; All indoor activities are restricted; More than forty countries have declared a state of emergency; The supply chain has significantly slowed down; Stock market fluctuations; The decline in business confidence, public panic, and uncertainty about the future.
The report also analyzed the impact of COVID-19 on the gift packaging industry.
Global Gift Packaging Scope and Segmentation
The gift packaging market is segmented by type and application. Participants, stakeholders, and other participants in the global gift packaging market will be able to leverage reports as a powerful resource to gain advantages. Segment analysis focuses on production capacity, revenue, and forecasts for the period 2015-2026 by type and application.
The main regions covered by the gift packaging market report are North America, Europe, China, and Japan. It also covers major regions (countries), namely, the United States, Canada, Germany, France, Britain, Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, the Philippines, Vietnam, Mexico, Brazil, Türkiye, Saudi Arabia, the United Arab Emirates, etc
This report includes market size by country and region from 2015 to 2026. It also includes market size and forecasts by type, as well as production capacity, prices, and revenue for the period 2015-2026 by application breakdown
Post time: May-09-2023