The luxury packaging market is set to grow at a CAGR of 5.2%, expanding from USD 17.72 billion in 2025 to USD 27.96 billion by 2034. The market is deeply segmented by material (paperboard, plastic, glass, and metal), product type (bags, bottles, pouches, boxes), and end-use (cosmetics & fragrance, food & beverage, consumer goods). The analysis covers the regional market shares across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Key players in the market include Delta Global, WestRock Company, and DS Smith, among others.
Recent Developments
- On 15 May 2025, Coats Footwear Lifestyle Solutions profile served handbag brands and producers with limitless creativity and functionality when it comes to materials. It includes precisely engineered structural components, luxury and lifestyle filler materials, yarns, and threads, as this series includes inventive products that accurately fuse fashion, sustainability, and performance. (Source: Fibre2Fashion.)
- On 3 June 2025, Perfume Christian Dior officially collaborated with Axilone, which is a top production manufacturer in the luxury and prestige cosmetics industry, to reveal magnets created from 100% post-consumer recycled rare earths into its fragrance packaging. (Source: Premium Beauty News)
- On 27 May 2025, Bagzone Lifestyles Pvt Ltd disclosed the launch of Akiki London, the latest contemporary luxury handbag brand whose goal is current, prudent, and style-conscious women. This newest venture marks an important step for the company as it moves into the luxury segment. (Source: Franchiseindia.com Ltd)
- In May 2025, in partnership with Coty, Fashion brand Jil Sander launched its first luxury fragrance collection. The refillable bottle packaging in the collection is designed by Formafantasma Design Studio.
- In January 2025, a global leader in materials science and packaging solutions, Avery Dennison announced the launch of its Premium Labels range for luxury brands. The aim behind this announcement was to elevate consumer experiences through unique surface textures and patterns.
- In July 2024, Germaine de Capuccini, a luxury skincare brand launched refill and renew packaging. Product lines now feature a recyclable eco refill that can be placed inside the original product jar, to be replaced time and time again.
Luxury Packaging Market Top Players
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