Global Gift Wrapping Products Market 2023-2029
Gift wrapping products are materials and accessories used to wrap and decorate gifts. They can include wrapping paper, boxes, bags, tissue paper, bows, ribbons, tags, stickers, and other decorative items designed to enhance the presentation and convey the sentiment of the gift. The purpose of gift wrapping is to provide an element of surprise and delight to the recipient while also conveying the giver's affection and appreciation. The global gift wrapping products market is anticipated to increase by USD 9.1 billion till 2029 at an average annual growth of 6.66 percent as per the latest market estimates.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global gift wrapping products market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product type, raw material, and region. The global market for gift wrapping products can be segmented by product type: wrapping paper, ribbons, film & foils, decorative boxes, pouches, bags, others. Among these, the wrapping paper segment was accounted for the highest revenue generator in 2022. Gift wrapping products market is further segmented by raw material: paper & paperboard, plastic, others. The paper & paperboard segment is estimated to account for the largest share of the global gift wrapping products market. Based on region, the gift wrapping products market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global gift wrapping products market in 2022 and is anticipated to hold its share during the forecast period.
Market Segmentation
By product type: wrapping paper, ribbons, film & foils, decorative boxes, pouches, bags, others
By raw material: paper & paperboard, plastic, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global gift wrapping products market. Some of the leading players profiled in the report include Card Factory plc, DS Smith plc, Hallmark Cards Inc., IG Design Group plc, Mondi plc, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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