The global leather jewelry box market is expected to create a

December 28, 2022
7:40 am

Digital Journal

The global leather jewelry box market is expected to create a

According to Future Market Insights research, during the forecast period, the global Leather jewelry box market is expected to create a rating of US$12.4 million in 2022 and continue to expand at a CAGR of 4.9% reach US$20.0 million until 2032.

Based on divider, the non-divider segment is expected to remain the leading segment for the global leather jewelry box market. It is estimated that the same segment accounts for about 62% of the market value share by the end of 2032.

The global leather jewelry box market is evolving 7-9% of the total market value for jewelry boxes US$147.0 million in 2021.

According to the FMI analysis, the Leather Jewelry Boxes market generated total revenue of US$11.9 million in 2021 and is estimated to be worth US$20.0 million to expand at a CAGR of by the end of the next ten years 4.9% in the period 2022-2032. Sales of leather jewelry boxes are expected to increase with the top 3 countries 25-30% of the global leather jewelry box market by the end of 2022.

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competitive landscape

The major players in leather jewelry boxes are trying to conquer the market by expanding their presence and launching new leather jewelry boxes. Key players employ collaborative or partnership strategies to expand their resources and footprint. Some of the latest developments from the major players are as follows:

In January 2022, Guangdong Deqi Packaging Co., Ltd. signed a cooperation agreement with China Foreign Trade Center Group and will be the packaging and printing supplier of China Import and Export Fair (Canton Fair) from 2022 to 2025.

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