Gift Boxes Market Report 2024 (Global Edition)

Global Gift Boxes Market Report 2024 Market Size Split by Product Type (Slide Sleeve, Telescopic), by End-Use (Consumer Goods, Food & Beverages, Electronic Devices, Cosmetics and Personal Care Product...

Gift Boxes Market Report Description

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Gift Boxes Market Insights Video

Competitive Landscape of the Gift Boxes Market

The market for Gift Boxes is a highly dynamic and diversified competitive environment. It includes various suppliers, ranging from large multinational enterprises to smaller specialized organizations. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their Worldwide footprint, with significant market developments including new Material portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. Because of automation and technological advancement, businesses compete fiercely to deliver innovative products.

Gift Boxes Industry News:

• December 2022: A trio of new holiday gift boxes from NutriGlow, including a wine gift box, a papaya gift box, and a vitamin C gift box, will be available in big and small sizes in December 2022. The brand includes complete personal care goods in each box to treat every skin and haircare issue in an effort to entice gift-givers this holiday season.
• April 2022: A recently announced plan calls for the global phase-out of 183 million cardboard gift boxes from Diageo's premium Scotch line by April 2022. Among the brands that will be offered are Bell's Original Blended Scotch Whisky, Buchanan's Blended Scotch Whisky, Johnnie Walker Black Label Blended Scotch Whisky, and Johnnie Walker Red Label Blended Scotch Whisky.
• January 2020: IG Design Group and CSS Industries Inc., a well-known manufacturer of consumer goods with a focus on craft, gift, and temporary products, combined in January 2020. In order to maintain its worldwide leadership position in consumer Gift Packaging goods, IG Design was able to leverage CSS's high-quality client base, production site, and brand portfolio.

Top Companies Market Share in Gift Boxes Industry: (In no particular order of Rank)

• Qingdao Hongrui Industry Co. Ltd.
• Shenzhen Fuxiang Gifts & Packaging Co. Ltd.
• Bayley’s Boxes
• Varanna Industries
• Shanghai Xianrong Packing Co. Ltd.
• Om Express Print Pack Private Limited
• Valtenna Industria Cartotecnia
• Shenzhen Tianya Paper Products Co. Ltd.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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In terms of revenue, the North American Gift Boxes Market share was 37% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 37% of the worldwide revenue due to several variables. The North American region dominates the market for Gift Boxes. Sales of gift paper boxes are anticipated to be fueled by the longstanding American tradition of giving gifts to friends and family on a regular basis, as well as a growing customer preference for visually appealing wrapping paper designs. North America is anticipated to account for a sizeable portion of the global gift box market due to the region's higher usage of gift-box papers for holiday festivities. The use of plastic is prohibited in many businesses across many nations, including the United States, which accounted for the majority of worldwide sales due to the increase in gift-giving events in the area. This is another reason influencing the expansion of paper boxes.

Over the projected period, the CAGR for Growth in the Asia Pacific region will be the greatest. The middle class has grown, and disposable incomes have expanded as a result of the fast economic growth in nations like China, India, and Southeast Asian countries. Because of this, shoppers in these nations are gravitating towards high-end and personalized gift boxes, which is boosting the industry. Additionally, the area is home to several festivals and cultural customs, each of which has its unique collection of traditional gifts.

The current report Scope analyzes Gift Boxes Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Gift Boxes Market

North America Gift Boxes Market Analysis:

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 37% of the global revenue due to several variables. The North American region dominates the market for Gift Boxes. Sales of gift paper boxes are anticipated to be fueled by the longstanding American tradition of giving gifts to friends and family on a regular basis, as well as a growing customer preference for visually appealing wrapping paper designs. North America is anticipated to account for a sizeable portion of the global gift box market due to the region's higher usage of gift-box papers for holiday festivities. The use of plastic is prohibited in many businesses across many nations, including the United States, which accounted for the majority of worldwide sales due to the increase in gift-giving events in the area. This is another reason influencing the expansion of paper boxes.

Europe Gift Boxes Market

Europe Gift Boxes Market Analysis:

According to Cognitive Market Research, the European Region accounted for a share of more than 30% of the global revenue due to several variables. Brands have continually experimented with novel ideas for a variety of occasions and events, which has fueled market expansion in Europe. Increasingly, people prefer experiences to merely material things. Europeans have changed their preferences from financial presents to experiences in only a few short years. Due to its dominance in the gift box sector, Germany is the region's largest market. However, because more sectors are adopting these box-making processes, Eastern Europe is anticipated to expand more quickly.

Asia Pacific Gift Boxes Market

Asia Pacific Gift Boxes Market Analysis:

According to Cognitive Market Research, the APAC region accounted for a share of more than 23% of the global revenue due to several variables. Over the projected period, the CAGR for Growth in the Asia Pacific region will be the greatest. The middle class has grown, and disposable incomes have expanded as a result of the fast economic growth in nations like China, India, and Southeast Asian countries. Because of this, shoppers in these nations are gravitating towards high-end and personalized gift boxes, which is boosting the industry. Additionally, the area is home to several festivals and cultural customs, each of which has its unique collection of traditional gifts.

South America Gift Boxes Market

South America Gift Boxes Market Analysis:

According to Cognitive Market Research, South America accounted for a share of more than 5% of the global revenue due to several variables. Customers prefer to buy pricey gift boxes with exquisite designs because they have a lot of spending power, which increases the appeal of the item. This is anticipated to fuel industry expansion in this area over the projected year. The technical breakthroughs in box material selections and the exponential rise of e-commerce are fundamentally altering how most firms select the best option.

Middle East and Africa Gift Boxes Market

Middle East and Africa Gift Boxes Market Analysis:

According to Cognitive Market Research, the Middle East and African regions accounted for a share of more than 3% of the global revenue due to several variables. MEA due to rising desires for attractive and practical packaging. The market in this area will grow due to factors including an increase in per capita income and the rising demand for luxury packaging options.

Gift Boxes Market Analysis

Gift Boxes Product Type Segment Analysis

According to Cognitive Market Research, the slide sleeve category dominates the market during the projected timeframe. A sheet of paper that wraps around an item (such as a jar, a box, or a t-shirt) and helps to brand it without necessarily placing the goods in a custom-printed box, which is more expensive, is known as packaging sleeves or belly band packaging. Automatic forming tools or human hands wrap paper over a chipboard shell to create sliding paper boxes.

The telescopic category is the fastest growing during the projected timeframe. Flat cardboard boxes called telescopic boxes may be modified to match the size of your goods. This is accomplished by using a different cover that slides in order to accommodate the contents. The white telescoping box and removable lid, which are in high demand, provide an easily adaptable packaging option for a range of applications. 

• Slide Sleeve
• Telescopic

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Gift Boxes Industry. Request a Free Sample PDF!

Gift Boxes Application Segment Analysis

According to Cognitive Market Research, the cosmetic & and personal care category dominates the market during the projected timeframe. Aesthetics, usefulness, and brand image are prioritized in the gift boxes market category for cosmetics and personal care products. The packaging is made to reflect the brand's personality, appeal to the target market, and raise the perceived worth of the goods as a whole.  

The food and beverage category is the fastest growing during the projected timeframe. The demand for this market segment is being driven by the reasons that are contributing to an increase in adoption in the food and beverage sector, from bread to cookies, to protect the product in various ways, such as by keeping items fresher longer.

• Consumer Goods
• Food & Beverages
• Electronic Devices
• Cosmetics and Personal Care Products

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Gift Boxes Raw Material Segment Analysis

According to Cognitive Market Research, the plastics category dominates the market during the projected timeframe. The benefits provided by plastic materials are blamed for the category expansion. For gift boxes, plastics provide a variety of material choices. The transparency, toughness, flexibility, and printability of many plastics, including polyethylene terephthalate (PET), polypropylene (PP), and polystyrene (PS), are only a few of their special qualities. Due to its adaptability, producers are able to produce gift boxes in a wide range of forms, sizes, and aesthetics to suit the tastes of their particular clientele. 

The paper packaging category is the fastest growing during the projected timeframe. The qualities of paper packaging that give benefits like reusability, durability, and appealing look are fuelling the market for this category, according to the reasons that might be linked to the rising demand for it. 

• Paper
• Plastic
• Others

Gift Boxes Printing Technology Segment Analysis

According to Cognitive Market Research, the lithography printed category dominates the market during the projected timeframe. In the suggested period, lithographic offset printing, which creates great graphics with vibrant colors and clear pictures, will rule the market. Litho is a high-end, premium printing method that laminates printed sheets on top of your box and produces magazine-quality prints. Lithography requires two steps, in contrast to other types of printing. It can support up to six different colors. 

The flexography printed category is the fastest growing during the projected timeframe. Flexography Printed, which supports 3-color printing, is a fantastic, straightforward solution. It uses a direct-printing technique, which means the intended graphics are imprinted on the packaging material itself. Flexography Printed is a flexible, economical option for straightforward designs and big orders.

• Lithography Printed
• Flexography Printed
• Electrophotography Technology Printed
• Dry Toner Printed
• Liquid Toner Printed
• Inkjet Photography Technology Printed
• Other

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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