Global Pillow Boxes Market: Introduction
Pillow box packaging adds beauty and value to any product to the packed product. Pillow boxes, which are shaped like pillows, are easy to assemble and handle. The pillow boxes are customized as per the requirement of product size and shape. Moreover, pillow boxes are made from cardboard and Kraft which help to protect the packaged product from internal as well as external damage. The pillow boxes are exceptionally suitable for all types of products such as food and jewelry. In addition, local retailers prefer to keep pillow box products on the front shelf due to their unique shape and attraction.
Global Pillow Boxes Market: Dynamics
The robust increase in packaged food products is one of the key driving factors that help to grow the global pillow boxes market over the forecast period. The macroeconomic factors including increasing per capita income, growing economy of developing countries such as India, China, and Indonesia will aid in the growth of global pillow box market during the forecast period. Growing demand for customized pillow boxes to pack various sizes and shapes of the product will help to gain high revenue share in the global pillow boxes market during the forecast period. Furthermore, with rapid growth in cosmetics industry along with highly growing pharmaceutical industry will push the demand for pillow boxes for medicine and skin care product packaging over the forecast period. Moreover, the fast-growing e-commerce industry will push the pillow boxes to demand growth due to increasing online demand for pillow boxes across the globe over the forecast period. The increasing trend of gifts is one of the key factors driving the global pillow boxes market during the forecast period. Factors such as high labor wages and stringent government regulation to manufacture plastic pillow boxes may hinder the global pillow boxes market growth over the forecast period. High demand for printed and stylish pillow boxes by end-users is likely to attract a large customer base, which will help to create a remarkable opportunity in the global pillow boxes market during the forecast period.
Global Pillow Boxes Market: Segmentation
Global pillow boxes market is segmented on the basis of material, size, sales channel, application and region.
Based on the material type, global pillow boxes market can be segmented as followings:
- Cardboard and Kraft
Based on size type, global pillow boxes market can be segmented as:
Based on sales channel type, global pillow boxes market can be segmented as:
- Local Retailers
Based on the application type, global pillow boxes market can be segmented as:
- Weddings and Special occasions
E-commerce sales channel is anticipated to witness significant growth in the global pillow boxes market, owing to the rapidly increasing e-commerce users across the globe. On the other hand, preference of cardboard and Kraft material-based pillow boxes will gain high traction for industrial purposes in the global pillow boxes market during the forecast period.
Global Pillow Boxes Market: Regional Outlook
Based on geographies, the global pillow boxes market can be segmented into seven regions including North America, Latin America, Europe, CIS & Russia, Japan, APEJ (the Asia Pacific excluding Japan) and MEA. Among aforementioned regions, North America is predicted to account for the highest market share in the global pillow boxes market due to the growing preferences of packaged food among consumers as well as the high inclination of people towards stylish and attractive packaging products in the region. The global pillow boxes market is projected to grow at a rapid growth rate in APEJ due to the rising urban population and the significantly growing pharmaceutical industry across the region. In addition, high demand of pillow boxes for Jewelry packaging as well as food packaging will drive the MEA pillow boxes market growth over the forecast period.
Global Pillow Boxes Market: Prominent Players
Prominent players of the global pillow boxes market are Emenac Packaging, U.S. Box Corporation, Refine packaging, Soopak, PakFactory, ASIA KOREA PRINTING INC., Tiny Box Company, Shenzhen Guoshengyuan Packaging Co., Ltd, Caravan paper products, Packqueen and other prominent players. The key market players are focusing to install advanced technology printing and packaging machines as well as targeting e-commerce channels to sell their products and account for high revenue share in the global pillow boxes market.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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