The global Shoe Packaging market is expected to grow at a CAGR of 6.2% from 2019 to 2025, from nearly 3.2 (USD Billion) in 2018 to 7.89 (USD Billion) by 2025.
The report evaluates and analyses the Shoe Packaging market on a global and regional scale. The study examines industry competition, restraints, revenue estimates, avenues, current and emerging trends, and industry-validated market data in depth. The report includes historical data from 2016 to 2018, as well as a value forecast from 2019 to 2025. (In US dollars).
Shoe packaging includes shoes packaged in attractive boxes and supporting key functions such as protection, storage, transportation, and communicating brand value to end users. Furthermore, shoes are an important part of both formal and casual attire. Furthermore, shoe packaging offers superior protection against atmospheric moisture, shocks, and dust. Corrugated boxes are commonly used for shoe packaging. To improve the shock resistance of shoe packaging systems, shoe manufacturers use multiple layers of primary packaging such as bubble wraps, plastic thin covers, and thin protective wraps. Clearly, because packaging is one of the company’s key promotional activities that can aid in the accumulation of large profits, it is critical that shoe packaging has prominent design printing capabilities.
Market Growth Dynamics
The shoe packaging industry expanded during the assessment period due to rising demand for environmentally friendly packaging as well as the need for cost-effective designs. Furthermore, the growing need to provide shoes in novel and appealing ways is expected to open up lucrative growth opportunities for the market during the forecast period. Government policies encouraging environmentally friendly packaging will boost market trends. Key players are accepting new designs that appeal to the masses while also lowering raw material costs, thereby steering the shoe packaging market’s expansion over the assessment timeframe.
Furthermore, shoe packaging protects shoes against moisture, damage, dust, and shocks at the time of transportation. The packaging of shoes can be one of the effective tools for communicating product info to the potential customers. Nonetheless, one time utility of shoe packaging along with low access to natural resources can put brakes on the market expansion in the years ahead.
Asia Pacific Market To Record Massive Growth By 2025
The Asia Pacific shoe packaging industry expanded during the assessment period as a result of increased industrialization and urbanisation in countries such as New Zealand, China, Japan, Indonesia, Australia, and India. In the coming years, the presence of key players in the subcontinent will contribute to the regional market size.
A thriving shoe packaging industry is also expected to contribute significantly to the future growth of the footwear market.
Key participants profiled in the report are Elevated Packaging, Cross Country Box Company, Packman Packaging Private Limited, Royal Packers, Precious Packaging, Zhuhai ZhuoYa Packing Product Co. Ltd., Samrat Box Mfg. Co. Pvt. Ltd, Packaging of the World, and Sneakerbox Co.
The global shoe packaging market is segmented as follows:
By Product Type
Reusable Shoe packaging
Sustainable Reduced Shoe Boxes
By Shoes Type
By Distribution Channel
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
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