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Secondary Paper and Paperboard Luxury Packaging Market Share

ID: MRFR//9332-CR | 186 Pages | Author: Snehal Singh| April 2022

Secondary Paper and Paperboard Luxury Packaging Market Share Analysis

Paper and paperboards have become the materials of choice for manufacturers in the secondary luxury packaging industry due to their versatile features, including laminations, unique coatings, and the ability to achieve super embossing or debossing effects. These materials offer enhanced strength and smoothness, making them highly preferred in the creation of upscale packaging. Notably, in the premium segments such as wine and spirits, paper and paperboards have a rich history and continue to be a favored option for labeling materials.

A prime example illustrating the popularity of paper and paperboards in luxury packaging is evident in the high-end fragrance products manufactured by XOXO Eau de Parfum. The packaging for these premium fragrances incorporates sophisticated features such as diamond glitter coating, multi-colored printing, foil stamping, and embossed labeled information. This exemplifies the aesthetic appeal and customization capabilities that paper and paperboards bring to the luxury packaging landscape.

Technological advancements, particularly in digital printing on paperboard, have significantly contributed to the profitability and visibility of food brands. This advancement enables the printing of paperboard packaging in large quantities without compromising on graphics, allowing for dynamic product or brand representations. Moreover, technological progress has addressed various aspects of paperboard food packaging, including package printing, sustainability, design, barrier properties, adsorption, sterilization, and emission control.

For instance, water vapor barriers integrated into paperboard packaging play a crucial role in retaining moisture and preventing undesirable structural changes. The innovative technologies applied to paperboards encompass a range of features, such as oxygen barriers, dry-end nanotechnology, metalizing, glass coatings, and wet-end pulp processing technology. The latter involves coating fibers before subjecting them to the Fourdrinier process, enhancing the overall quality of the paper and paperboard.

In essence, the rapid pace of technological advancements in the industry, coupled with the intrinsic ability of paper and paperboards to facilitate unique designs, shapes, finishes, and effects, is poised to be a driving force behind the growth of the global secondary paper and paperboard luxury packaging market throughout the forecast period. As manufacturers continue to leverage these materials for their aesthetic appeal and technological adaptability, the luxury packaging landscape is expected to witness a sustained expansion, meeting the evolving demands of consumers and brands alike

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 5.20% (2023-2032)
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