Global Secondary Paper & Paperboard Luxury Packaging Market Size Study by Material, by End User, and Regional Forecasts 2022-2032

Description

The Global Secondary Paper & Paperboard Luxury Packaging Market, valued at approximately USD 4.8 million in 2023, is poised for robust growth, projected to reach USD 7.60 million by 2032 at a compound annual growth rate (CAGR) of 5.24% during the forecast period. The rising emphasis on sustainable and aesthetically appealing packaging solutions has steered the adoption of paper and paperboard materials, complemented by plastic and metal components for specific luxury packaging applications. This shift aligns with consumers' growing preference for premium packaging experiences across industries like personal care, cosmetics, and wines & spirits.

Driven by the burgeoning demand for premium branding and product differentiation, manufacturers are leveraging advancements in packaging design and material technology. Secondary paper and paperboard packaging stands out due to its eco-friendliness, versatility, and ability to offer superior surface finishes for branding and customization. Challenges such as stringent environmental regulations and fluctuating raw material costs persist but are offset by innovations in biodegradable materials and recycled content packaging solutions.

Regionally, Europe dominates the global luxury packaging market, bolstered by a sophisticated consumer base and stringent environmental standards encouraging sustainable practices. North America also commands a substantial share, driven by high consumer spending on luxury goods and growing interest in eco-conscious packaging. Meanwhile, the Asia-Pacific region is anticipated to witness the fastest growth rate, spurred by rising disposable incomes and an expanding luxury goods market in emerging economies like China and India. Latin America and the Middle East & Africa are gradually gaining traction, underpinned by increasing urbanization and demand for premium packaging in food and beverage sectors.

The competitive landscape is marked by strategic partnerships, acquisitions, and technological advancements, as companies aim to enhance their portfolios and address evolving consumer demands. By focusing on innovative designs and sustainable materials, industry leaders are positioning themselves to capture a larger share of this expanding market.

Major market players included in this report are:

Smurfit Kappa Group
Mondi Plc
Amcor Plc
International Paper Company
DS Smith Plc
WestRock Company
Stora Enso Oyj
UPM-Kymmene Corporation
Huhtamaki Oyj
Sealed Air Corporation
Sonoco Products Company
AR Packaging Group AB
Berry Global Group, Inc.
Mayr-Melnhof Karton AG
Tetra Laval International SA

The detailed segments and sub-segments of the market are explained below:

By Material:

Paper & Paperboard
Plastic
Metal

By End User:

Food & Beverages
Confectionery
Personal Care & Cosmetics
Wines & Spirits
Fashion

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level insights.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Comprehensive demand-side and supply-side insights.

Chapter 1. Global Secondary Paper & Paperboard Luxury Packaging Market Executive Summary

1.1. Global Secondary Paper & Paperboard Luxury Packaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material
- 1.3.2. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Secondary Paper & Paperboard Luxury Packaging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Secondary Paper & Paperboard Luxury Packaging Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Sustainable Packaging Solutions
- 3.1.2. Rise in Premium Branding and Product Differentiation
- 3.1.3. Technological Advancements in Packaging Design
3.2. Market Challenges
- 3.2.1. Stringent Environmental Regulations
- 3.2.2. Fluctuating Raw Material Costs
3.3. Market Opportunities
- 3.3.1. Innovations in Biodegradable Materials
- 3.3.2. Expansion into Emerging Markets
- 3.3.3. Development of Customized Packaging Solutions

Chapter 4. Global Secondary Paper & Paperboard Luxury Packaging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Secondary Paper & Paperboard Luxury Packaging Market Size & Forecasts by Material 2022-2032

5.1. Segment Dashboard
5.2. Global Secondary Paper & Paperboard Luxury Packaging Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Paper & Paperboard
- 5.2.2. Plastic
- 5.2.3. Metal

Chapter 6. Global Secondary Paper & Paperboard Luxury Packaging Market Size & Forecasts by End User 2022-2032

6.1. Segment Dashboard
6.2. Global Secondary Paper & Paperboard Luxury Packaging Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Food & Beverages
- 6.2.2. Confectionery
- 6.2.3. Personal Care & Cosmetics
- 6.2.4. Wines & Spirits
- 6.2.5. Fashion

Chapter 7. Global Secondary Paper & Paperboard Luxury Packaging Market Size & Forecasts by Region 2022-2032

7.1. North America Luxury Packaging Market
- 7.1.1. U.S. Luxury Packaging Market
  - 7.1.1.1. End User Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Material Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Luxury Packaging Market
7.2. Europe Luxury Packaging Market
- 7.2.1. UK Luxury Packaging Market
- 7.2.2. Germany Luxury Packaging Market
- 7.2.3. France Luxury Packaging Market
- 7.2.4. Spain Luxury Packaging Market
- 7.2.5. Italy Luxury Packaging Market
- 7.2.6. Rest of Europe Luxury Packaging Market
7.3. Asia-Pacific Luxury Packaging Market
- 7.3.1. China Luxury Packaging Market
- 7.3.2. India Luxury Packaging Market
- 7.3.3. Japan Luxury Packaging Market
- 7.3.4. Australia Luxury Packaging Market
- 7.3.5. South Korea Luxury Packaging Market
- 7.3.6. Rest of Asia-Pacific Luxury Packaging Market
7.4. Latin America Luxury Packaging Market
- 7.4.1. Brazil Luxury Packaging Market
- 7.4.2. Mexico Luxury Packaging Market
- 7.4.3. Rest of Latin America Luxury Packaging Market
7.5. Middle East & Africa Luxury Packaging Market
- 7.5.1. Saudi Arabia Luxury Packaging Market
- 7.5.2. South Africa Luxury Packaging Market
- 7.5.3. Rest of Middle East & Africa Luxury Packaging Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Smurfit Kappa Group
- 8.1.2. Mondi Plc
- 8.1.3. Amcor Plc
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Smurfit Kappa Group
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Mondi Plc
- 8.3.3. Amcor Plc
- 8.3.4. International Paper Company
- 8.3.5. DS Smith Plc
- 8.3.6. WestRock Company
- 8.3.7. Stora Enso Oyj
- 8.3.8. UPM-Kymmene Corporation
- 8.3.9. Huhtamaki Oyj
- 8.3.10. Sealed Air Corporation
- 8.3.11. Sonoco Products Company
- 8.3.12. AR Packaging Group AB
- 8.3.13. Berry Global Group, Inc.
- 8.3.14. Mayr-Melnhof Karton AG
- 8.3.15. Tetra Laval International SA

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes