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English Views: 1026 Author: Site Editor Publish Time: 2024-08-28 Origin: Site
According to survey statistics, the global gift box market size is worth about $1.6 billion in 2023, and the global gift box market is still growing at a rate of 7%. It is expected that the global gift box market size will reach $2.8 billion in 2030. Here are the five major trends in the gift box market in 2024:
In recent years, gift culture has been widely respected around the world. People are increasingly willing to give gifts that represent their hearts in social occasions such as wedding ceremonies, festivals, birthday parties, and personal events. Therefore, people seek exquisite and beautiful gift box packaging to enhance the gift-giving experience, increase the anticipation of receiving gifts, and increase the pleasure of the recipients in the process of unpacking. According to media statistics, 89% of people will prepare a Christmas gift with exquisite packaging for their family and friends on important holidays such as Christmas. Almost all parents will prepare their children's favorite gifts on their birthdays or coming-of-age ceremonies. Therefore, the increasing atmosphere of holiday gifts has a great positive effect on the growth of the gift box market.
More and more people are beginning to pay attention to environmental protection, and many companies are also beginning to actively assume their environmental protection responsibilities. Many gift production companies such as CN Eco Packaging choose more environmentally friendly sustainable paper materials instead of traditional plastic packaging. And strictly abide by regulations related to packaging materials, waste management and recycling. According to media reports, many customers will also use environmentally friendly and renewable materials as an important reference when facing many gift boxes. Therefore, using renewable and environmentally friendly materials to produce gift boxes is the current gift box trend.
The development of e-commerce and online shopping platforms such as Temu and Amazon has not only changed the way people shop, but also greatly promoted the development of the gift box industry. The convenience and wide range of product choices provided by online retailers and shopping platforms have increased the demand for gift boxes, because gift boxes are often used as packaging for goods or gifts for goods. According to media reports, US retail e-commerce sales are estimated to be US$1,231.2 billion in 2023, an increase of 3.0% from 2022. Total retail sales are expected to reach $1,799.5 billion in 2024. Based on the above statistics, we can see that the gift box market will further grow with the growth of the e-commerce market.
According to the purpose of gift boxes, gift boxes are generally widely used in jewelry, consumer goods, electronic devices, cosmetics and personal care. Gift boxes in the cosmetics and personal care fields are expected to continue to grow and continue to maintain a relatively high market share. The cosmetics and personal care fields in the gift box market are characterized by a focus on beauty, functionality and brand image. The custom cosmetics gift box should reflect the characteristics of the brand, express the value of the brand, attract the attention of target consumers and increase the customer's repurchase rate of the product. High customizability, product protection and design are key considerations in this field, ensuring that gift boxes meet the specific requirements of cosmetics and personal care products. Therefore, the application of gift boxes in the cosmetics field is expected to continue to grow.
Consumers have different requirements for the design and functionality of gift boxes for different products, and preferences and trends for the style of gift boxes may also change rapidly. Brand companies and gift box distributors need to pay attention to changing consumer preferences, design aesthetics and emerging gift-giving trends to stay competitive. It is difficult to adapt to changing preferences, and CN Eco Packaging can help you. As a custom gift box supplier, CN Eco Packaging has more than 20 years of experience and can provide customers with a variety of solutions in materials, processes, and designs to create exquisite packaging gift boxes. Welcome to contact us to start your custom gift box.
