Luxury rigid boxes are popularly used for packaging of consumer goods including luxury pens, watches, electronic accessories, confectionery foods, cosmetics, etc. Since 2012, manufacturers in China and India have invested considerably in increasing their production capacity of luxury rigid boxes. Revolutionary boom in mobile phones and mobile phones accessories have encouraged many small and local manufacturers to enter the luxury rigid box market in India and China. The global market for luxury rigid box market is characterized by presence of small to mid-size manufacturer along with established multinational players.
Manufacturers of luxury rigid box cater to client base, particularly operating in the sweet and confectionary food products market. The global market for sweets, confectionery and other food products is expected to witness growth due to evolution in the product offerings by food product manufacturers. Luxury rigid boxes are different from conventional paperboard boxes or folding cartons in terms of design, strength, visual quality and overall packaging functionality. Visual quality and material properties of luxury rigid boxes result in end user preference for product packaged in luxury rigid boxes.
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Global Luxury Rigid Box Market: Market Segmentation
The global luxury rigid box market is segmented as per product type, by design and by application type.
As per the product type, the global luxury rigid box market is segmented as follows:
- Telescopic Luxury Rigid Box
- Two Piece Luxury Rigid Box
- Hinged Lid Luxury Rigid Box
As per design type the global luxury rigid box market is segmented as follows:
- Round & Oval Luxury Rigid Box
- Square Shaped Luxury Rigid Box
- Other Shaped Luxury Rigid Box