The new Gift Wrapping Market Report, offering growth, trends, and forecast for each segment along with regional and country analysis. The study has done with respect to market share, size, trends, growth, outlook, estimation and forecast period 2023-2032.
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.
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Market Dynamics
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.
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Market Segmentation
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
· Paper & Paperboard
· Plastic
· Other
By Product Type
· Wrapping Paper
· Ribbons
· Film & Foils
· Decorative Boxes
· Pouches
· Bags
· Other
Regional Analysis
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.
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