The jewellery box is a packaging solution made from different materials based on the requirement such as wood, leather, paper, metal, glass, and plastic to protect the jewellery during storage & transportation.
The jewellery box not only protects the product from loss but also ensures that the jewellery pieces do not get damaged due to rough handling. Increasing trend of purchasing jewellery on special occasions among the customer is expected to propel the demand for the jewellery box.
The jewellery presented in the jewellery box on the display helps in gaining the attraction of the customer. The jewellery box can be customized which is gaining immense popularity among the jewellery manufacturers. The jewellery box can be used for different jewellery products such as necklace, ring & earrings, bracelet, watch, and others.
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Jewellery Box Market Landscape
- Dahlinger GmbH and Co KG,
- Potters Limited,
- Holmen AB ADR,
- McLaren Packaging Ltd.,
- Taylor Box Company, and
- Thomas Sabo GmbH,
- Company KG
are the key players operating in the jewellery box market. Some the noticeable players in the jewellery box market include
- Gunther mele limited,
- Finer Packaging,
- Wellery Boxes,
- Sacher & Co. GmbH,
- American Chest Company,
and others. The key players in the tier 1 holds around 10-15% of the global jewellery box market.
Moreover, the jewellery is a premium product the attractive and protective packaging box becomes the best suitable packaging option for the jewellery products. The jewellery box also offers the customer the experience of unboxing the product which is majorly trending among the customers due to social media influence. Overall, the jewellery box market is anticipated to expand during the forecast period at a faster pace with the expanding jewellery sector.
Key Takeaways from Jewellery Box Market
- Based on the material, the paper segment is estimated to hold around?57%?of the market value share by the end of 2022.
- The ring & earrings segment is projected to expand?1.6x?the current market value during 2022-32.
- By distribution channel, the retail store is projected to create an incremental opportunity of?US$ 32.2 Mn?during the forecast period.
- North America and East Asia are estimated to account for?55%?of the total sales in jewellery box market in 2022.
- India is expected to be the most lucrative jewellery market in South Asia owing to the growing preference for premium jewellery items
“Rising preference for eye-catching & protective packaging solutions in the luxury product industry including jewellery will augment the sales of the jewellery box.”– says FMI analyst
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Surging Trend for the Protective & Appealing Packaging Solution Bolster the Demand for the Jewellery Box
The packaging of luxurious products such as jewellery, perfumes, and others is the major concern among the seller. The luxury product needed to be packed in protective as well as attractive packaging solutions such as a box. As the customers are willing to pay more for the stylish box as it offers a customer experience while unboxing the product. Also, it is best suitable for showcasing the product to anyone. The jewellery box protects the product from any damage.
The jewellery box can be customized as per the size and requirement which gains attraction among the jewellery manufacturers and sellers. This helps in creating the brand image in the mind of customers. Overall, the jewellery box offering protection to the product along with increasing customer experience bolster the demand for the same during the forecast period.
Jewellery Box Market by Category
By Distribution Channel:
- Hypermarket & Supermarket
- Retail Store
- Convenient Store
- Other Offline Store
- Ring & Earring
- Other Applications (Anklets, Nose Pin, etc.)
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
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