- In August 2024, Mainetti, a global leader in packaging solutions, announced the acquisition of Italian packaging specialist Morresi Enzo & C SRL. This strategic acquisition will strengthen Mainetti's presence in Southern Europe and enhance its capacity to provide premium packaging solutions to an expanding customer base. The move aligns with Mainetti’s efforts to broaden its market reach and deliver high-quality packaging services
- In January 2024, Curtis Packaging partnered with HO Persiehl in the luxury packaging sector to enhance sustainability initiatives. Together, the companies will focus on advancing eco-friendly practices within the industry, promoting greener packaging solutions. This collaboration underscores their commitment to driving environmental responsibility in luxury packaging
- In January 2020, DS Smith opened a new 550,000 sq. ft. manufacturing facility in Lebanon. This facility utilizes the latest technology to meet the growing demand from retailers and consumers for fit-to-product, recyclable packaging solutions while also reducing costs. The investment aims to enhance operational efficiency and support sustainability efforts
- In September 2020, Delta introduced eco-friendly packaging solutions tailored for high-end fashion products, focusing on innovation and sustainability. This initiative aims to enhance the brand's reputation while offering environmentally conscious packaging alternatives. The move aligns with the growing demand for sustainable practices in the luxury fashion industry
- In December 2023, Diageo, the world’s largest spirits producer, revealed plans to invest £100 million in sustainable packaging over the next five years. The investment will be directed towards the development of innovative technologies and materials aimed at reducing the environmental footprint of its packaging. This initiative underscores Diageo's commitment to sustainability and eco-friendly practices in its operations
Frequently Asked Questions
The market is segmented based on Global Smart Market Segmentation, By Product (Rigid Box, Cartons, Bags, Slipcases, and Folders), Packaging (Perfumes, Cosmetics, Fashion and Eyewear, Wine and Alcohol, and Pastries and Sweets), Application (Personal Care, Food and Beverages, Confectionary, and Others), End-Users (Food and Beverage Industry and Retail and Consumer Products) – Industry Trends and Forecast to 2032
.
The Global Luxury Packaging Market size was valued at USD 20.08 USD Billion in 2024.
The Global Luxury Packaging Market is projected to grow at a CAGR of 4.78% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
