Luxury packaging is any packaging for luxury brand products. Recent trends driving the market include sustainable and bio-degradable packaging. It is forecast that the compound annual growth rate (CAGR) of the global luxury packaging market between 2020 and 2025 will be 5.1 percent. The Asia Pacific region is forecast to have the largest CAGR during this timeframe, expected to be 6.6 percent.
Compound annual growth rate of luxury packaging worldwide between 2020 and 2025, by region
(in million U.S. dollars)
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Mordor Intelligence. (February 1, 2020). Compound annual growth rate of luxury packaging worldwide between 2020 and 2025, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved November 06, 2024, from https://www.statista.com/statistics/1098448/global-luxury-packaging-market-cagr-by-region/
Mordor Intelligence. "Compound annual growth rate of luxury packaging worldwide between 2020 and 2025, by region (in million U.S. dollars)." Chart. February 1, 2020. Statista. Accessed November 06, 2024. https://www.statista.com/statistics/1098448/global-luxury-packaging-market-cagr-by-region/
Mordor Intelligence. (2020). Compound annual growth rate of luxury packaging worldwide between 2020 and 2025, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 06, 2024. https://www.statista.com/statistics/1098448/global-luxury-packaging-market-cagr-by-region/
Mordor Intelligence. "Compound Annual Growth Rate of Luxury Packaging Worldwide between 2020 and 2025, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 1 Feb 2020, https://www.statista.com/statistics/1098448/global-luxury-packaging-market-cagr-by-region/
Mordor Intelligence, Compound annual growth rate of luxury packaging worldwide between 2020 and 2025, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/1098448/global-luxury-packaging-market-cagr-by-region/ (last visited November 06, 2024)
Compound annual growth rate of luxury packaging worldwide between 2020 and 2025, by region (in million U.S. dollars) [Graph], Mordor Intelligence, February 1, 2020. [Online]. Available: https://www.statista.com/statistics/1098448/global-luxury-packaging-market-cagr-by-region/
