Quest for Customized Luxury to Drive the Bespoke Packaging Market
As per a report available on XploreMR, the global bespoke packaging market is expected to witness turbulence between 2020 and 2030.
e-Commerce expanding at a rapid pace is one of the factors bolstering the bespoke packaging market. Besides, demand for premium, innovative products for bringing essential brand values to the fore is expected to drive the bespoke packaging market.
Affluence also drives demand for state-of-the-art products for the kids and luxury footwear. Moreover, non-alcoholic and alcoholic beverages packaging comes with individualized messages/personalized labels these days, so as to make the customers feel at home. One of the classic examples is that of Coca-Cola, wherein the signature logo was replaced by individual forenames.
Bespoke Packaging Market Dynamics
The market players need to plan a bilateral strategy, so that they could come up with new-fangled as well as well as sustainable bespoke packaging. Concerns are being raised regarding usage of plastic. As such, manufacturers are emphasizing on using environmentally-friendly products herein.
At the same time, technological advances pertaining to sensors, digital printing, and IoT (Internet of Things) are expected to bring about remarkable changes in the bespoke packaging market between 2020 and 2030 as products could be easily tracked, monitored, and secured.
How Would Things Surface
Flexible packaging paper is being looked upon as viable to facilitate bespoke packaging. Plus, the alternatives like textiles for apparels and fashion accessories and glass for beverages are being explored.
With the recent outbreak of Covid-19, the bespoke packaging market has slowed down as people are focusing more on basic needs. As such, luxury and premium items have been kept at the backburner. This scenario is expected to persist till the end of 2020. The dawn of 2021 is likely to ring in some positivities on this count.
Bespoke Packaging Market Insights: Region-wise
Region-wise, the global bespoke packaging market comprises North America (Canada, US), Eastern Europe (Russia and Poland), Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC), and Latin America (Chile, Peru, Brazil, Mexico, and others).
Europe is the torchbearer. This could be credited to large-scale presence of companies that deal in products like personal care & cosmetics, confectionaries, or even tobacco are trying to put their best foot forward relating to the luxury markets. In fact, the trend of providing products with “everyday luxury” positioning is fast catching up. Bespoke packaging fills the bill over here.
Increased urbanization followed by spending on luxury goods is bound to drive the bespoke packaging market in East Asia.
The major players in the bespoke packaging market include Diamond Packaging Corporation, DS Smith Plc, Burt Rigid Box Inc., Gatto Astucci Spa, and GPA Luxury. Along with IoT, these places are focusing on cross-boundary expansion. Online sales channels are creating ripples in the market all across, due to social distancing being enforced amidst Covid-19. Though luxury has become a lop-sided priority for majority of people as of now, online shopping will be preferred even after things get back to normalcy, as playing safe would be better.
On the other hand, new product launches are being tried out. New plants are also coming up with the future perspective.
For instance –
- In Aug 2020, Ishida Europe did announce designing and launching of bespoke packing lines for Danish Crown’s novel greenfield factory located in China.
- In Aug 20020, Dust Cloud Design’s creative owner/director “Joe Borreson”, did announce devising bespoke packaging to cater to music industries, cannabis, spirits, and wines.
- In Jul 2020, Ventiv Design announced tabling its anti-counterfeit, sustainable, and bespoke packaging line for cannabis industry.
Important Questions Answered
- What is the growth potential of the bespoke packaging market?
- Which company is currently leading the bespoke packaging market? Will the company continue with the winning streak during the forecast period?
- What are the top strategies that players are expected to adopt in the years to come?
- Which regional market is anticipated to secure the highest market share?
- How will the competitive landscape change in future?
- What do players need to do to adapt to future competitive changes?
- What will be the total production and consumption with regards to bespoke packaging by 2030?
- Which are the key upcoming technologies? How will they impact the bespoke packaging market?
- Which product segment is expected to show the highest CAGR?
- Which application is forecast to gain the biggest market share?
Highlights of TOC:
Overview: Along with a broad overview of the bespoke packaging market, this section gives an overview of the report to give an idea about the nature and contents of the research study.
Market Dynamics: Here, the authors of the report have comprehensively discussed about key drivers, restraints, challenges, trends, and opportunities of the bespoke packaging market.
Product Segments: This part of the report throws light on the market growth of several types of products sold by leading companies.
Application Segments: The analysts authoring the report have deeply assessed the market potential of key applications and identified future opportunities they are expected to create in the bespoke packaging market.
Geographical Segments: Each regional market is carefully looked into for understanding its current and future growth scenarios.
Company Profiles: Top players of the bespoke packaging market are thoroughly profiled in the report based on their market share, market served, products, applications, regional growth, and other factors.
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A recent market report published by XploreMR on the bespoke packaging market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, growth prospects of the market are obtained with maximum precision.
Chapter 01 – Executive Summary
The report begins with an executive summary of the bespoke packaging market, which includes key findings and statistical analysis of the market. It also includes analysis & recommendations and opportunity analysis pertaining to the bespoke packaging market.
Chapter 02 – Market Overview
Readers can find definition and detailed taxonomy of the bespoke packaging market in this chapter, which will help them understand basic information about the market. It also highlights inclusions and exclusions to help readers understand the scope of this market report.
Chapter 03 – Technology Trend in Bespoke Packaging Market
This chapter explains the technological developments taken place in global bespoke packaging industry. The detailed analysis of IoT and e-Commerce penetration by bespoke packaging market players is provided with in-depth profiling of leading software based bespoke packaging suppliers.
Chapter 04 – Global Bespoke Packaging Market Demand in Value & Volume Analysis 2014-2018 and Forecast, 2019-2029
The section provides the demand for bespoke packaging in value (US$ Mn) and volume (tonnes) in the global bespoke packaging market for the historic period (2014-2018) and forecast for 2019-2029.
Chapter 05 – Global Bespoke Packaging Market: Pricing Analysis
The manufacturer-level weighted average pricing by product type is analyzed in this section. The regional market share, segmental market share, and pricing by each region is considered in this section.
Chapter 06 – Market Background
This chapter explains the outlook of the parent market, and forecast factors that are expected to influence growth of the bespoke packaging market during the forecast period. Moreover, with macroeconomic factors, this section also highlights the growth rate projection and forecast factors and their impact on the bespoke packaging market. This chapter provides key market dynamics, including drivers and restraints, and opportunity assessment. This chapter will also help readers understand the value chain analysis of the bespoke packaging market.
Chapter 07 – Global Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Product
This chapter provides details about the bespoke packaging market based on product, such as mailers & envelopes, boxes & cartons, bags & totes, pouches, bottles, and others (composite cans, wraps, & others). In this chapter, readers can understand market attractiveness analysis of bespoke packaging based on product type.
Chapter 08 – Global Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Material
Based on material, the bespoke packaging market has been segmented into paper & paperboard, glass, plastic, metal, textile, leather, and wood. In this chapter, readers can find information about key trends, market share, and market attractiveness analysis based on material in the global bespoke packaging market.
Chapter 09 – Global Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by End-use Industry
This chapter provides details about the bespoke packaging market based on end use industry such as fashion accessories & apparels, food, beverages, consumer goods & durables, personal care & cosmetics, and others. In this chapter, readers can understand market attractiveness analysis of bespoke packaging based on end user industry.
Chapter 10 – Global Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Region
This chapter explains how the bespoke packaging market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa (MEA).
Chapter 11 – North America Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter includes a detailed analysis of the growth of the North American bespoke packaging market, along with country-wise assessment that includes the U.S. and Canada. Readers will also find some key points on the basis of estimated market size and consumption of bespoke packaging in the region.
Chapter 12 – Latin America Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the bespoke packaging market in countries such as Brazil, Mexico, Argentina, and the Rest of Latin America. Along with this, assessment of the market across target segments and market attractiveness analysis have also been provided.
Chapter 13 – Europe Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Important growth prospects of the bespoke packaging market in several countries in Europe, such as Germany, Italy, France, the United Kingdom, Spain, BENELUX, Nordic countries, Russia, Switzerland, and the Rest of Europe, along with target segments are included in this chapter.
Chapter 14 –East Asia Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter highlights the growth of the bespoke packaging market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding growth of the bespoke packaging market in East Asia.
Chapter 15 – South Asia Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
India, Thailand, Indonesia, Malaysia, and the Rest of South Asia are leading countries in the South Asia region that are prime subjects of assessment to obtain growth prospects of the South Asia bespoke packaging market in this chapter. Readers can find detailed information about growth parameters of the South Asia bespoke packaging market during the forecast period of 2019-2029.
Chapter 16 – Middle East and Africa Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides information about how the bespoke packaging market is expected to grow in major countries in the MEA region such as the GCC Countries, North Africa, South Africa, and the Rest of MEA during the forecast period.
Chapter 17 – Oceania Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain growth prospects of the Oceania bespoke packaging market.
Chapter- 18 - Emerging Countries Bespoke Packaging Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter highlights growth of the bespoke packaging market in emerging countries by focusing on India and China. The section also highlights data points regarding growth of the bespoke packaging market in emerging countries.
Chapter 19 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the bespoke packaging market, along with their market presence analysis by region and product portfolio.
Chapter 20 – Competition Analysis
In this chapter, readers can find a comprehensive list of prominent stakeholders in the bespoke packaging market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments.
Market players featured in the report are Burt Rigid Box Inc., Diamond Packaging Corporation, DS Smith Plc, Gatto Astucci Spa, GPA Luxury, GWP Group Ltd., K-1 Packaging Group, KOLBUS GmbH & Co. KG, Lil Packaging Limited, Mayr-Melnhof Karton AG, McLaren Packaging Limited, Pollard Boxes Ltd., Quadpack Industries, Robinson Plc, Saxon Packaging, Solutia Italia Srl, Stevenage Packaging Limited, Sunrise Packaging Inc., To Be Packing Srl, and WestRock Company.
Chapter 21 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the bespoke packaging market report.
Chapter 22 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, and important qualitative and quantitative information about the bespoke packaging market report.
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