Market Snaphot: Eyeing trends in luxury packaging

05/11/2011

Processors who want to lead in this market require creativity and flair as brand owners seek distinctive and innovative solutions to capture consumers' desire for high-end products.

A new study, The Future of Luxury Packaging to 2015: Global Market Forecasts, released on March 14, from Pira International, which prepares studies on and advises companies within the packaging, paper and print industry supply chain, shows a variety of trends in this packaging segment. Most notably, while the U.S. will remain the largest national market for luxury packaging, demand in China will continue to close the gap.
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