Digital Magazine

Smithers Pira Issues Report on Luxury Packaging


LEATHERHEAD, SURREY, UK | Smithers Pira forecasts 4.4% growth in luxury packaging over the next five years. The global market will reach $17.6 billion, and consumption will reach 9.9 billion tonnes. The luxury packaging market continues to grow, driven by such trends the surge of personalized packaging, attention to sustainability issues, and economic and demographic drivers.

These are the conclusions of a new study from Smithers Pira entitled The Future of Luxury Packaging to 2019. the study outlines the shape of the industry and presents volume and value forecasts. It also explores developments in technology that are predicted to shape the luxury packaging market over the next five years, including developments in brand protection, digital printing, and digital interaction with print.

Exclusive content includes more than 150 tables and figures quantifying the market by material, end use, and country; analysis of key drivers and cutting-edge technologies; and details of the latest product launches, luxury packaging trends, and company activity across the supply chain.

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