The global Gift Boxes Market is poised for significant growth, with an estimated valuation of US$ 2,018.62 million by the end of 2023. Looking ahead to the forecast period from 2023 to 2033, industry experts anticipate a robust compound annual growth rate (CAGR) of 6.4%, culminating in a projected market value of US$ 3,753.80 million at the close of this period. During the historical period from 2018 to 2022, the Gift Boxes Market exhibited notable expansion, achieving a value CAGR of 5.5%.
In the past few years, the e-commerce industry has scaled new heights of popularity and market penetration. This has had a considerable impact on the overall packaging industry but specifically on the growth of the gift box packaging market. These boxes are in high demand due to the expansion of the gift culture along with rising e-commerce and the fact that gift boxes ensure the safe delivery of the gift item. Food and beverage goods like chocolate, ice cream, wine, sweets, and many others are extensively used as gift items all over the world.
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Key Players
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, and Shenzhen Tianya Paper Products Co., Ltd., among others are some of the major players in the Gift Boxes Market that are profiled in the full version of the report.
Key Developments
In April 2023, Sony and Disney partnered to celebrate the release of the highly anticipated Marvel movie. The “Marvel Hero Collector’s Edition Box Set” marked their collaboration, showcasing exclusive memorabilia and collectibles from the film. Inside the box, fans delighted in finding a limited edition Spider-Man figurine, a sleek Iron Man keychain, and a vibrant Captain America poster. Paying homage to the movie’s theme, the box featured intricate designs, including the iconic Avengers logo embellished with cosmic accents.
In August 2023, Gourmet Delights unveiled their latest gourmet gift box, just in time for the holiday season. Catering to discerning palates, the “Gourmet Indulgence Collection” boasted an array of artisanal treats sourced from around the world. Recipients were treated to decadent truffles from Belgium, aromatic coffee beans from Ethiopia, and handcrafted preserves from France. Each item was carefully curated to ensure a luxurious and unforgettable culinary experience, making it the perfect gift for food enthusiasts and connoisseurs alike.
In January 2024, Nike and NASA collaborated on an exclusive sneaker release to commemorate the anniversary of the Apollo moon landing. The “Space Explorer Limited Edition Sneaker Box” featured a pair of sleek lunar-inspired sneakers, complete with reflective accents and astronaut-inspired detailing. Accompanying the sneakers were a collectible moon rock keychain and a commemorative mission patch. The box itself was designed to resemble a lunar module, with intricate crater patterns and metallic finishes, adding to the overall celestial theme.
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Key Segments Covered In the Gift Boxes Market Survey
By Raw Material:
- Plastic Gift Boxes
- Paper Gift Boxes
- Other Raw Material Gift Boxes
By End Use:
- Gift Boxes for Consumer Goods
- Gift Boxes for Food and Beverages
- Bakery & Confectionary
- Alcoholic Drinks
- Frozen Desserts
- Others
- Gift Boxes for Electronic Devices
- Gift Boxes for Cosmetics and Personal Care Products
By Product Type:
- Slide Sleeve Gift Boxes
- Telescopic Gift Boxes
By Printing Technology:
- Lithography Printed Gift Boxes
- Flexography Printed Gift Boxes
- Electrophotography Technology Printed Gift Boxes
- Dry Toner Printed Gift Boxes
- Liquid Toner Printed Gift Boxes
- Inkjet Photography Technology Printed Gift Boxes
- Other Printed Gift Boxes
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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