Gifting is regarded as a way of expressing appreciation or gratitude. The culture of gift exchange has been evolving over the decades.Recent data reveal that the worldwide market value of gift wrapping products is anticipated to value around US$ 25 Bn in the coming years. As per FMI, the global gift market will grow at a healthy CAGR during the forecast period 2020-2030.
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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Gift Packaging market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
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Gift Packaging Market: Segment Analysis
The global market is categorized on the following basis
By Packaging Type
Primary Packaging,Secondary Packaging,Tertiary Packaging
By Product Type
Gift boxes,Containers,Ribbons & Bows,Gift Sacks,Gift bags,Wrapping paper,Tissue Paper & Shreds,Cellophane overwrap & bags,Gift card & Money holders,Others
Crucial information and forecast statistics covered in the Gift Packaging market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
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The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Gift Packaging market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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