Market Revenue Gift Packaging Industry Raw Material Outlook

Gift Packaging Industry Raw Material Outlook, Product Estimates,
Trend Till 2025
“A multitude of product categories including cookies, fruit baskets and wine
hampers and different types of cheese gifted on occasions of birthdays and
festivals have come under trending gifts with customers lifestyle and deep
pockets under consideration for driving change in the gift packaging market.”
Over the last decade, gift packing underwent a sea-change with rolling out of corporate and personal gifts. New
innovations in food packing and non-food items with artificial jewelries, soft toys and artworks caught the
attention. A multitude of product categories including cookies, fruit baskets and wine hampers and different
types of cheese gifted on occasions of birthdays and festivals have come under trending gifts with customers
lifestyle and deep pockets under consideration for driving change in the Gift Packaging Market. Wrapping paper
including lunch bags, decorative gift bags and decorative shopping bags have come under lens for gift wrapping
and alternatively decorative handkerchiefs touted as the nearest handy accessory to hit the market and propel
growth for gift packaging market.
The potent drivers to the market include e-tailers who have bridged the gap between erstwhile manufacturers
and customers to satisfy demand thus enhancing gift packaging market. Food gifting has transformed from
conventional standards to contemporary sweets with attractive packaging and boosting gift packaging market.
Furthermore, rise in disposable incomes has let one spend beyond his standards in acquiring gifts thus
enhancing the gift packaging market. Personal gifting on holidays has given rise to ostentatious show of wealth
with gifting to one and all matching one’s standard and lifestyle. This augurs well for the gift packaging market.
Segmentation by packaging type comprises primary packaging, secondary packaging and tertiary packaging. On
the basis of product type, segmentation goes as gift boxes containers, ribbons and bows, gift sacks, gift bags,
wrapping paper, tissue paper and shreds, cell phone overwrap and bags, gift card and money holders and others.
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