Global Perfume Box Fitments Market: Overview
Perfume box fitments is designed to provide protective feature between primary and secondary packaging. The perfume box fitments offers protection for transportation & storage of perfume and other luxury products. The demand for luxury packaging is expected to increase during the forecast period, as the visual appearance plays an important role at the point of purchase. Perfume box fitments market is expected to witness a significant expansion in terms of market share in the near future. Perfume box fitments are made from lightweight corrugated micro flute which cushions the product packaged from damage, ensuring safe & easy transportation. The need for perfume box fitments is expected to increase during the forecast period, as the manufacturers are looking for efficient product handling. The leading players in the perfume box fitments market are offering cost-effective secondary packaging to increase the supply chain margins. Corrugated perfume box fitments are eco-friendly alternative to plastic fitments, also decreases the carbon footprint through the packaging. Perfume box fitments are used to enhance the quality of secondary packaging, which may be a corrugated box or folding carton. The surface treatment & coating are mainly done with white and brown material finish. Corrugated perfume box fitments eliminates the need for plastic protective packaging. The perfume box fitments with surface coating are used by brand owners and wholesalers to enhance the quality of the complete packaging solution along with the strength of the packaging.
Global Perfume Box Fitments Market: Dynamics
The increasing demand for protective packaging for transportation and storage is expected to boost the perfume box fitments market in the upcoming years. Perfume box fitments market is estimated to represent significant market share in the upcoming years. Perfume box fitments acts as an efficient branding tool for the manufacturers and brand owners, as well as provide a decorative feature to the packaging solution. The transportation of luxury products require effective and secure handling, boosting the perfume box fitments market growth. The basic requirement for normal product packaging is a primary packaging, while luxury products require safe handling, secondary packaging along with the fluting. Perfume box fitments market is anticipated to expand in the upcoming years, as the manufacturers are exploring dimensions in the packaging industry to enhance the appearance as well as protection. Fitments are used for various industries such as healthcare, personal care, and cosmetics among others. Perfume box fitments market is also driven by the increasing number of individuals across the world, along with the perfume usage. The increasing demand for compact packaging solutions may hamper the growth of perfume box fitments market in the upcoming years.
Global Perfume Box Fitments Market: Segmentation
On the basis of material type, the global perfume box fitments market has been segmented as
- Paper/Paper board
Key Players in the global perfume box fitments market includes Smurfit Kappa Group, Huhtamaki Oyj., and IPL Packaging among others
Global Perfume Box Fitments Market: Key Developments
Smurfit kappa Group is offering perfume box fitments with anti-scuff barrier coating along with embossing and printing. The manufacturers are also offering customized solutions for the consumers perfume box fitments market.
Global Perfume Box Fitments Market: Regional Outlook
In North America, U.S. is expected to represent more than 80% of the market share during the forecast period, as the luxury retail sector is driven by the appearance and protection offered by the primary and secondary packaging. India and China are expected to create high incremental opportunity by the end of the forecast period, reason being significant growth of retail sector in the emerging regions. Asia Pacific region is expected to experience high growth in the demand for perfume box fitments, during the forecast period. Manufacturers in the perfume box fitments market are investing research to increase their market share across the world.
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