Sunday, 25 February 2018

Development of Luxury Rigid Box Market in Global Industry : Growth and Status 2018-2025

ResearchMoz presents professional and in-depth study of "Luxury Rigid Box Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025".

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.

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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.

Global Luxury Rigid Box Market: Market Segmentation

The global luxury rigid box market is segmented as per product type, by design and by application type.

As per the product type, the global luxury rigid box market is segmented as follows:

    Telescopic Luxury Rigid Box
    Two Piece Luxury Rigid Box
    Hinged Lid Luxury Rigid Box

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As per design type the global luxury rigid box market is segmented as follows:

    Round & Oval Luxury Rigid Box
    Square Shaped Luxury Rigid Box
    Other Shaped Luxury Rigid Box

As per the application type, the global luxury rigid box market is segmented as follows:

    Food
        Baker’s Confectionery
        Sugar Confectionery
        Other Food Products
    Consumer Goods
    Electronics
    Jewellery
    Cosmetics
    Others

Global Luxury Rigid Box Market: 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.

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Global Luxury Rigid Box Market: 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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