July 12, 2022
According to the research report titled ‘Global Bespoke Packaging Market Size study, by Product (Mailers & Envelopes, Boxes & Cartons, Bags & Totes, Pouches, Bottles, Others), by Material (Paper & Paperboard, Plastic, Glass, Metal, Fabric, Leather, Wood), by End-use Industry (Fashion Accessories & Apparel, Food, Beverages, Consumer Goods & Durables, Personal Care & Cosmetics, Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global bespoke packaging market is projected to witness considerable growth by the end of the year 2028.
The rising expenditure on cosmetics, surging per capita income, and increasing awareness of personal care products are some of the leading factors driving the growth of global bespoke packaging market.
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For the uninitiated, bespoke packaging is a luxury packaging solution that is customized especially for branded products which include mailers & envelopes, bags, and pouches among others. Despite the positive outlook, easy availability of alternatives is likely to hamper the overall industry growth.
As per the product type, the market is divided into bottles, pouches, bags and totes, boxes and cartons, mailers and envelopes, and others. Moving onto the material type, the industry is categorized into wood, leather, fabric, metal, glass, plastic, paper, and paperboard segments.
With respect to end-user landscape, the market is fragmented into personal care and cosmetics, consumer goods and durables, beverages, food, fashion accessories & apparel, and others.
The geographical analysis of this business vertical extends to North America, Europe, Asia-Pacific, as well as Latin America with key emphasis on the U.S., Canada, U.K., Germany, France, Italy, Spain, India, China, Japan, South Korea, Australia, Brazil, and Mexico, and the rest of the world.
North America is expected to capture the largest market share over the analysis period, owing to the growing technological breakthroughs and increasing development of innovative electronic gadgets.
Meanwhile, Asia-Pacific bespoke packaging marketplace is anticipated to observe a significant growth rate during 2022-2028, primarily due to rising disposable income and increasing public awareness.
The major companies operating in global bespoke packaging industry landscape are Lil Packaging Limited, Kolbus GmbH & Co. KG, K-1 Packaging Group, GWP Group Ltd., GPA Luxury, Gatto Astucci S.p.A., Diamond Packaging Corporation, Burt Rigid Box Inc., DS Smith plc, and WestRock Company