The plastic luxury packaging market is expected to grow from USD 26.49 billion in 2025 to USD 46.49 billion by 2034, at a CAGR of 7.85% from 2025 to 2034. Rising demand for stylish, durable, and premium packaging is driving the market. Advances in packaging materials, higher consumer spending on luxury goods, and the need for sustainable options are also boosting growth.
Top Companies in the Plastic Luxury Packaging Market
Latest Announcements by Industry Leaders
- In October 2024, Smurfit Kappa collaborated with WestRock group to introduce a wide range of carton packaging for beauty, wine, and spirits packaging in the luxury packaging market. This group is adopting innovative ways to develop monomaterial solutions in luxury goods segment.
Recent Development
- In August 2024, ALPLA and Zerooo associate together to develop reusable PET bottles for the packaging of cosmetic products. This is the first brand that launched dental care, shampoo, body lotion, shower gel, and detergent in 300ml PET bottles.
- In June 2024, Estée Lauder received reputation from worldwide for its luxurious packaging designs and maintaining sustainability. ELC announced its goal by the end of 2025 is that 75% to 100% of its packaging will meet the “5 Rs” mission, which is recoverable, recyclable, reusable, recycled, and refillable.
