The gift wrapping products market in China is expected to reach a projected revenue of US$ 2,170.7 million by 2025. A compound annual growth rate of 6.8% is expected of China gift wrapping products market from 2019 to 2025.
The China gift wrapping products market generated a revenue of USD 1,372.2 million in 2018 and is expected to reach USD 2,170.7 million by 2025.
The China market is expected to grow at a CAGR of 6.8% from 2019 to 2025.
In terms of segment, paper & board was the largest revenue generating raw material in 2018.
Paper & board is the most lucrative raw material segment registering the fastest growth during the forecast period.
Gift wrapping products market data book summary
Market revenue in 2018
USD 1,372.2 million
Market revenue in 2025
USD 2,170.7 million
Growth rate
6.8% (CAGR from 2018 to 2025)
Largest segment
Paper & board
Fastest growing segment
Paper & board
Historical data
2015 - 2017
Base year
2018
Forecast period
2019 - 2025
Quantitative units
Revenue in USD million
Market segmentation
Paper & board, Plastic
Key market players worldwide
Hallmark Cards Plc, Card Factory PLC, Mondi PLC, IG Design Group PLC, DS Smith PLC, Karl Knauer, Valtenna
Other key industry trends
In terms of revenue, China accounted for 9.1% of the global gift wrapping products market in 2018.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
In Asia Pacific, China gift wrapping products market is projected to lead the regional market in terms of revenue in 2025.
China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,170.7 million by 2025.
Over the past decade, China has been the fastest-growing middle-income economy, which has resulted in a rise in consumer disposable income. This scenario bodes well for the gift-wrapping products market. Moreover, rapid urbanization in the country is likely to present the overall gifting market with immense opportunities.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Gift Wrapping Products Market will help companies and investors design strategic landscapes.
Paper & Board was the largest segment with a revenue share of 79.0% in 2018.
Horizon Databook has segmented the China gift wrapping products market based on paper & board, plastic covering the revenue growth of each sub-segment from 2015 to 2025.
Over the past decade, China has been the fastest-growing middle-income economy, which has resulted in a rise in consumer disposable income. This scenario bodes well for the gift-wrapping products market. Moreover, rapid urbanization in the country is likely to present the overall gifting market with immense opportunities.
China Gift Wrapping Products Market Raw Material Outlook (Revenue, USD Million , 2015-2025)
Paper & board
Plastic
Others
China Gift Wrapping Products Market Product Type Outlook (Revenue, USD Million , 2015-2025)
Wrapping Paper
Ribbons
Film & Foils
Decorative Boxes
Pouches
Bags
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the China gift wrapping products market, including forecasts for subscribers. This country databook contains high-level insights into China gift wrapping products market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
China Gift Wrapping Products Market, 2015-2025 (US$M)