Global Jewelry Boxes Market Size, Share, and Trends Analysis Report, By Type (Leather, Wood, Glass, Metal, and Paper), By Application (Necklace, Ring, Bracelet, and Others), Forecast (2022-2028)
The global jewelry market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022- 2028). Packaging plays a very important role in developing the brand of the product. Jewelry boxes are one of the packaging solutions among them. A jewelry box is one of the most essential items in the storage space. Consumers make buying decisions for the quality of the product, however, the packaging of the product is also considered in the decision-making process. Be it fashion jewelry or jewelry made of precious metals, all these accessories need a special storage box to prevent them from getting corroded or spoilt due to atmospheric conditions. As a result of this, jewelry boxes are an essential part of the storage space.
Over the past few years, there is an increase in the sales of jewellery owing to an increase in disposable income and increasing living standard of people, which in turn, has significantly increased the demand for the jewellery boxes. Additionally, the younger generation is inclined to buy products that are of a high-end look and therefore, many cosmetic manufacturing companies are focusing on attractive, portable, and effective packaging. Nowadays, jewellery companies are showcasing their new and existing products in various exhibitions where they focus on the packaging part for branding of jewellery products as it attracts the consumers to buy those products. These are some factors that are driving the growth of the global jewellery boxes market. Furthermore, jewellery companies are launching their products into the international market where the branding depends not only on the quality of the product, however, also on its packaging which accelerates the growth of the market. However, the high price of these jewellery boxes restrains the growth of the market.
Some major players operating in the market include Dahlinger GmbH, Potters (London) Ltd., and Westpack A/S, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. The Ritmo brand jewelry box is one of the instances of jewellery boxes. It has a large storage capacity with 3 layer jewelry organizer. The jewellery watch box organizer is made of environmentally friendly soft Velvet which is anti-abrasive and non-deforming.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Dahlinger GmbH, Potters (London) Ltd., and Westpack A/S, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Jewellery Boxes Market Report by Segment
By Type
- Leather
- Wood
- Glass
- Metal
- Paper
By Application
- Necklace
- Ring
- Bracelet
- Others
Global Jewellery Boxes Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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