The luxury packaging market is poised for significant growth, projected to achieve a steady compound annual growth rate (CAGR) of 5.5% from 2023 to 2033. Starting at USD 10.4 billion in 2023, the market is anticipated to expand to USD 17.9 billion by 2033, driven by increasing demand for sophisticated and visually appealing packaging solutions. …
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B2B Luxury Packaging Market Booming to $17.9 Billion by 2033 Invest in Innovation and Customization | FMI
The luxury packaging market is not just about creating visually stunning packaging solutions for end consumers. It is also a business-to-business (B2B) concern, where manufacturers and suppliers of luxury packaging solutions cater to the needs and requirements of luxury goods brands. The global luxury packaging market looks poised to attain a valuation of US$ 10.4 billion in 2023. From …