The global jewelry box market size was valued at $0.168 billion in 2022, and is projected to reach $0.244 billion by 2030, registering a CAGR of 5.5% during the forecast period (2024-2031). The high employment rate of the female population, which is the biggest consumer of jewelry boxes is a major factor supporting the market’s growth. For instance, according to the data published by the Office for National Statistics, in the UK, 15.66 million women aged 16 and over were employed from October to December 2022. This equates to 108,000 more women employed than the previous year. With high employment, the growth of female spending increases as well, which includes luxury items such as jewelry.
Additionally, the key market players, such as Cross Country Box Co., Inc., Dahlinger GmbH, E. W. Hannas, Inc., and Hanoi International Packaging Corp., among others, are also driving the market’s growth through various product launches and investments. For instance, in March 2023, Lamar Berko, founder, and CEO of LB Jewellers in London, launched a luxury, top-grain Italian black leather "generational" jewelry box with nine orange suede removable internal compartments suited for home or vacation usage. The case is 4 inches tall and 10.5 inches broad, making it large enough to hold a huge number of pieces. Additionally, in September 2022, VAHAN, a jewelry brand, partnered with Wolf, a manufacturer of luxurious jewelry cases. Under the partnership, Wolf will manufacture VAHAN’s signature color palette of white, gold, and purple jewelry boxes. The white exterior opens to expose a deep-purple interior made of Wolf's unique LusterLoc ultra-suede, which the brand claims does not tarnish for up to 35 years.
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Market Coverage
•The Market Number Available for – 2023-2031
•Base year- 2023
•Forecast period- 2024-2031
Segment Covered-
- By Product Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
• Competitive Landscape- Cross Country Box Co., Inc., Dahlinger GmbH, E. W. Hannas, Inc., Hanoi International Packaging Corp., Finer Packaging, and others.
Jewelry Boxes Market Report Segment
By Product Type
- Wood Boxes
- Paper Boxes
- Leather Boxes
- Glass Boxes
- Metal Boxes
By Application
- Commercial Use
- Personal Use
- Others
A full Report of Jewelry Box Market is Available @ https://www.omrglobal.com/industry-reports/jewelry-box-market
Jewelry Boxes Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
•Latin America
•Middle East and Africa
Company Profiles
- Amber Packaging
- Brown Wood, Inc.
- Cross Country Box Co., Inc.
- Dahlinger GmbH
- E. W. Hannas, Inc.
- Finer Packaging Ltd
- Gunther Mele Ltd.
- Hanoi International Packaging Corp.
- LB Jewellers
- Potters (London) Ltd.
- REID Packaging
- Riverside Paper Co., Inc.
- Stamar Packaging
- Stockpak
- Westpack Denmark
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2. More than 120 countries are for analysis.
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4. Our expert research analysts answer all your questions before and after purchasing your report.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Article source: https://article-realm.com/article/Business/61577-Jewelry-Box-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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