Gift Boxes Market: Industry Size, Demand & Top Market Players 2024

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Gift Boxes Market: Industry Size, Demand & Top Market Players 2024

The gift boxes come under the category of the flexible packaging solutions and it is used widely in the food and beverage sector for the packing the products such as chocolate, sweets, ice-cream, and wine. In order to make the packaging attractive, gift boxes are used. Other products that are packed within the gift boxes include electronic gadgets, sculpture, cosmetic products, jewelry, toys, and personal care products.

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The Bayley’s Boxes, Inc. provides a wide range of small gift boxes and favor boxes. They have a wide range of coolest gift boxes that are fun and colorful. Some of the products that are available include trinket boxes mini, two-piece boxes, cake slice boxes, CD pouches, pillow pouches, and much more.

The global gift boxes market is fragmented into its raw material, end-user industry, product type, and the printing technology. Based on the raw material, the global market is segregated into paper, plastics, and others. Based on the end-user industry, the market is categorized into consumer goods, bakery & confectionary, frozen desserts, electronic devices, food and beverages, alcoholic drinks, cosmetic and personal care, and others. Based on the product type, the market is divided into telescopic boxes and slide sleeve boxes. Based on the printing technology, the market is bifurcated into flexography, dry toner, inkjet photography technology, lithography, electrophotography technology, liquid toner, and others.

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The major factor that contributes to market growth is the development of the e-commerce. In the e-commerce, the gift box packaging plays a significant role. The gift boxes are now not only used for the product protection but also they provide benefits such as reusability, durability, and attractive appearance. Owing to better benefits that are offered by the gift boxes over the alternatives that are available in the market the gift boxes market is gaining huge popularity. The current trend that is popular in the gift boxes market is the paper or corrugated gift boxes. These boxes are eco-friendly, sustainable, and degradable thus can be used on a large scale. Other factors that are contributing to the market growth are a rise in the disposable income and the consumer’s inclination towards attractive packaging solutions.

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The regions that are contributing the maximum share in the gift boxes market are North America and Asia Pacific. It is expected in the coming years these regional markets will experience a significant growth in the gift boxes market. In Asia Pacific region, it is China that has the largest market for the gift boxes owing to the growing preferences for the aesthetic and convenience packaging. In the Middle East and Africa region, the gift boxes market is experiencing a moderate growth owing to the factors such as rise in the per capita income and the increasing popularity of the luxury packaging solutions

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The key market players that are involved in the gift boxes market include Shenzhen Fuxiang Gifts & Packaging Co. Ltd., Varanna Industries, Om Express Print Pack Private Limited, Shenzhen Tianya Paper Products Co.,Ltd., Qingdao Hongrui Industry Co. Ltd., Bayley’s Boxes, Shanghai Xianrong Packing Co., Ltd., and Valtenna Industria Cartotecnia.

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