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A pillow box is a special kind of folding carton shape that is frequently used for packing tiny or light product items, gits, and promotional products.
It is also referred to as a “pillow packaging box,” “pillow gift box,” and “pillow pack box.” Pillow boxes are frequently used by businesses for special occasions, such as handing out promotional items wrapped in branded pillow boxes at trade exhibits or mailing chocolates packaged in personalized pillow boxes to loyal customers to increase client retention.
Even party favor packaging for weddings, birthday parties, workplace gatherings, and other events sometimes uses pillow boxes.
The global pillow boxes market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
One of the main factors fueling the expansion of the global pillow boxes market over the forecast period is the sharp rise in packaged food goods. During the projected period, the macroeconomic factors such as rising per capita income and the expanding economies of developing nations like India, China, and Indonesia would support the expansion of the worldwide pillow box market.
Over the course of the projection period, there will be an increasing need for personalized pillow boxes to store products in a variety of sizes and forms.
Over the projection period, the demand for pillow boxes for packaging medicines and skin care products would also increase due to the fast-growing pharmaceutical business and the cosmetics sector.
Additionally, the rapidly expanding e-commerce market will drive pillow box demand growth because of rising online demand for pillow boxes around the world during the forecast period. One of the major reasons propelling the global pillow boxes market throughout the forecast period is the rising trend of presents.
Over the course of the projected period, factors like high labor costs and strict government regulations for the production of plastic pillow boxes could restrain market expansion.
A sizable client base is projected to be attracted by end users’ high desire for printed and fashionable pillow boxes, which will contribute to the development of a fantastic potential in the global pillow boxes market over the course of the forecast year.
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