The global demand for Gift Wrapping Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Gift paper is a kind of decorative paper designed to wrap or enclose gift. It is available in several forms, such as paper, ribbons, films & foils, decorative boxes, pouches, and bags. This varies in price, quality, and clour, ranging from highly creative with plain colored or decorative paper with stickers, stamps, or illustrations. Wrapping presents with gift paper increases the aesthetic look and appeal.
The global gift wrapping market is driven by increased spending by consumers on gifts and increased product offerings in the market. Many people enjoy choosing gift paper with a bit more design, and numerous designs exist that are themed. Gift wrapping originates from the western world; the tradition is now adopted worldwide to surprise the receiver. Consumers are increasingly exchanging presents on numerous occasions such as wedding anniversaries, birthday parties, graduation parties, festivals, and house-warming parties. This is projected to increase consumer spending on gift items. Some shops offer complimentary gift wrapping on purchased. Now, online stores also provide an option to gift wrap purchased products, projected to amplify the global gift wrapping market's growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of gift wrapping.
The entire gift wrapping market has been sub-categorized into raw material and product type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Raw Material
By Product Type
- Paper & Paperboard
- Wrapping Paper
- Film & Foils
- Decorative Boxes
This section covers regional segmentation which accentuates on current and future demand for gift wrapping market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Gift Wrapping Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gift wrapping market include Deufol AG, Smurfit Kappa Group Plc., Graphic Packaging Holding Company, Stora Enso Oyj, Nippon Paper Group, Inc., KapStone Paper and Packaging Corporation, Mondi Group Plc., International Paper Company, Oji Paper Co., Ltd., DS Smith Plc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.