Press release
Global Recyclable Packaging Material Market 2021 – Recent Trends, Geographical Outlook, Business Opportunities and Forecast to 2027| Berkley International Packaging, Biomass Packaging, Biopac UK, Clondalkin
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample-form/form/3920857/global-recyclable-packaging-material-market
The report includes company profiling of almost all important players of the global Recyclable Packaging Material market. The company profiling section offers valuable analysis on strengths and weaknesses, business developments, recent advancements, mergers and acquisitions, expansion plans, global footprint, market presence, and product portfolios of leading market players. This information can be used by players and other market participants to maximize their profitability and streamline their business strategies. Our competitive analysis also includes key information to help new entrants to identify market entry barriers and measure the level of competitiveness in the global Recyclable Packaging Material market.
Key Players Mentioned in the Global Recyclable Packaging Material Market Research Report:Berkley International Packaging, Biomass Packaging, Biopac UK, Clondalkin, DS Smith, EnviroPAK, Evergreen Packaging, Georgia Pacific, Gerresheimer, Huhtamaki, Kruger, Amcor, Graham, International Paper, Mondi, Tetra Laval, Ardagh, BeGreen Packaging, Amcor
Global Recyclable Packaging Material Market by Type:Paper, Metal, Glass, Plastic
Global Recyclable Packaging Material Market by Application:Food And Drink, Electronic And Electrical Appliances, Logistics Express, Others
The global market for Recyclable Packaging Material is segmented on the basis of product, type, services, and technology. All of these segments have been studied individually. The detailed investigation allows assessment of the factors influencing the Recyclable Packaging Material Market. Experts have analyzed the nature of development, investments in research and development, changing consumption patterns, and growing number of applications. In addition, analysts have also evaluated the changing economics around the Recyclable Packaging Material Market that are likely affect its course.
The regional analysis section of the report allows players to concentrate on high-growth regions and countries that could help them to expand their presence in the global Recyclable Packaging Material market. Apart from extending their footprint in the global Recyclable Packaging Material market, the regional analysis helps players to increase their sales while having a better understanding of customer behavior in specific regions and countries. The report provides CAGR, revenue, production, consumption, and other important statistics and figures related to the global as well as regional markets. It shows how different type, application, and regional segments are progressing in the global Recyclable Packaging Material market in terms of growth.
Questions Answered in the Report
1. Which are the five top players of the global Recyclable Packaging Material market?
2. How will the global Recyclable Packaging Material market change in the next five years?
3. Which product and application will take a lion’s share of the global Recyclable Packaging Material market?
4. What are the drivers and restraints of the global Recyclable Packaging Material market?
5. Which regional market will show the highest growth?
6. What will be the CAGR and size of the global Recyclable Packaging Material market throughout the forecast period?
Request for customization in Report: https://www.qyresearch.com/customize-request/form/3920857/global-recyclable-packaging-material-market
1 Recyclable Packaging Material Market Overview
1.1 Product Overview and Scope of Recyclable Packaging Material
1.2 Recyclable Packaging Material Segment by Type
1.2.1 Global Recyclable Packaging Material Market Size Growth Rate Analysis by Type 2021 VS 2027
1.2.2 Paper
1.2.3 Metal
1.2.4 Glass
1.2.5 Plastic
1.3 Recyclable Packaging Material Segment by Application
1.3.1 Global Recyclable Packaging Material Consumption Comparison by Application: 2016 VS 2021 VS 2027
1.3.2 Food And Drink
1.3.3 Electronic And Electrical Appliances
1.3.4 Logistics Express
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Recyclable Packaging Material Revenue Estimates and Forecasts (2016-2027)
1.4.2 Global Recyclable Packaging Material Production Capacity Estimates and Forecasts (2016-2027)
1.4.3 Global Recyclable Packaging Material Production Estimates and Forecasts (2016-2027)
1.5 Global Market Size by Region
1.5.1 Global Recyclable Packaging Material Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2027
1.5.2 North America Recyclable Packaging Material Estimates and Forecasts (2016-2027)
1.5.3 Europe Recyclable Packaging Material Estimates and Forecasts (2016-2027)
1.5.4 China Recyclable Packaging Material Estimates and Forecasts (2016-2027)
1.5.5 Japan Recyclable Packaging Material Estimates and Forecasts (2016-2027)
2 Market Competition by Manufacturers
2.1 Global Recyclable Packaging Material Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Recyclable Packaging Material Revenue Market Share by Manufacturers (2016-2021)
2.3 Recyclable Packaging Material Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Recyclable Packaging Material Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Recyclable Packaging Material Production Sites, Area Served, Product Types
2.6 Recyclable Packaging Material Market Competitive Situation and Trends
2.6.1 Recyclable Packaging Material Market Concentration Rate
2.6.2 Global 5 and 10 Largest Recyclable Packaging Material Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion
3 Production and Capacity by Region
3.1 Global Production Capacity of Recyclable Packaging Material Market Share by Region (2016-2021)
3.2 Global Recyclable Packaging Material Revenue Market Share by Region (2016-2021)
3.3 Global Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Recyclable Packaging Material Production
3.4.1 North America Recyclable Packaging Material Production Growth Rate (2016-2021)
3.4.2 North America Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Recyclable Packaging Material Production
3.5.1 Europe Recyclable Packaging Material Production Growth Rate (2016-2021)
3.5.2 Europe Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 China Recyclable Packaging Material Production
3.6.1 China Recyclable Packaging Material Production Growth Rate (2016-2021)
3.6.2 China Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Recyclable Packaging Material Production
3.7.1 Japan Recyclable Packaging Material Production Growth Rate (2016-2021)
3.7.2 Japan Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
4 Global Recyclable Packaging Material Consumption by Region
4.1 Global Recyclable Packaging Material Consumption by Region
4.1.1 Global Recyclable Packaging Material Consumption by Region
4.1.2 Global Recyclable Packaging Material Consumption Market Share by Region
4.2 North America
4.2.1 North America Recyclable Packaging Material Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Recyclable Packaging Material Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Recyclable Packaging Material Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Recyclable Packaging Material Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Production, Revenue, Price Trend by Type
5.1 Global Recyclable Packaging Material Production Market Share by Type (2016-2021)
5.2 Global Recyclable Packaging Material Revenue Market Share by Type (2016-2021)
5.3 Global Recyclable Packaging Material Price by Type (2016-2021)
6 Consumption Analysis by Application
6.1 Global Recyclable Packaging Material Consumption Market Share by Application (2016-2021)
6.2 Global Recyclable Packaging Material Consumption Growth Rate by Application (2016-2021)
7 Key Companies Profiled
7.1 Berkley International Packaging
7.1.1 Berkley International Packaging Recyclable Packaging Material Corporation Information
7.1.2 Berkley International Packaging Recyclable Packaging Material Product Portfolio
7.1.3 Berkley International Packaging Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.1.4 Berkley International Packaging Main Business and Markets Served
7.1.5 Berkley International Packaging Recent Developments/Updates
7.2 Biomass Packaging
7.2.1 Biomass Packaging Recyclable Packaging Material Corporation Information
7.2.2 Biomass Packaging Recyclable Packaging Material Product Portfolio
7.2.3 Biomass Packaging Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.2.4 Biomass Packaging Main Business and Markets Served
7.2.5 Biomass Packaging Recent Developments/Updates
7.3 Biopac UK
7.3.1 Biopac UK Recyclable Packaging Material Corporation Information
7.3.2 Biopac UK Recyclable Packaging Material Product Portfolio
7.3.3 Biopac UK Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.3.4 Biopac UK Main Business and Markets Served
7.3.5 Biopac UK Recent Developments/Updates
7.4 Clondalkin
7.4.1 Clondalkin Recyclable Packaging Material Corporation Information
7.4.2 Clondalkin Recyclable Packaging Material Product Portfolio
7.4.3 Clondalkin Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.4.4 Clondalkin Main Business and Markets Served
7.4.5 Clondalkin Recent Developments/Updates
7.5 DS Smith
7.5.1 DS Smith Recyclable Packaging Material Corporation Information
7.5.2 DS Smith Recyclable Packaging Material Product Portfolio
7.5.3 DS Smith Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.5.4 DS Smith Main Business and Markets Served
7.5.5 DS Smith Recent Developments/Updates
7.6 EnviroPAK
7.6.1 EnviroPAK Recyclable Packaging Material Corporation Information
7.6.2 EnviroPAK Recyclable Packaging Material Product Portfolio
7.6.3 EnviroPAK Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.6.4 EnviroPAK Main Business and Markets Served
7.6.5 EnviroPAK Recent Developments/Updates
7.7 Evergreen Packaging
7.7.1 Evergreen Packaging Recyclable Packaging Material Corporation Information
7.7.2 Evergreen Packaging Recyclable Packaging Material Product Portfolio
7.7.3 Evergreen Packaging Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.7.4 Evergreen Packaging Main Business and Markets Served
7.7.5 Evergreen Packaging Recent Developments/Updates
7.8 Georgia Pacific
7.8.1 Georgia Pacific Recyclable Packaging Material Corporation Information
7.8.2 Georgia Pacific Recyclable Packaging Material Product Portfolio
7.8.3 Georgia Pacific Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.8.4 Georgia Pacific Main Business and Markets Served
7.7.5 Georgia Pacific Recent Developments/Updates
7.9 Gerresheimer
7.9.1 Gerresheimer Recyclable Packaging Material Corporation Information
7.9.2 Gerresheimer Recyclable Packaging Material Product Portfolio
7.9.3 Gerresheimer Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.9.4 Gerresheimer Main Business and Markets Served
7.9.5 Gerresheimer Recent Developments/Updates
7.10 Huhtamaki
7.10.1 Huhtamaki Recyclable Packaging Material Corporation Information
7.10.2 Huhtamaki Recyclable Packaging Material Product Portfolio
7.10.3 Huhtamaki Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.10.4 Huhtamaki Main Business and Markets Served
7.10.5 Huhtamaki Recent Developments/Updates
7.11 Kruger
7.11.1 Kruger Recyclable Packaging Material Corporation Information
7.11.2 Kruger Recyclable Packaging Material Product Portfolio
7.11.3 Kruger Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.11.4 Kruger Main Business and Markets Served
7.11.5 Kruger Recent Developments/Updates
7.12 Amcor
7.12.1 Amcor Recyclable Packaging Material Corporation Information
7.12.2 Amcor Recyclable Packaging Material Product Portfolio
7.12.3 Amcor Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.12.4 Amcor Main Business and Markets Served
7.12.5 Amcor Recent Developments/Updates
7.13 Graham
7.13.1 Graham Recyclable Packaging Material Corporation Information
7.13.2 Graham Recyclable Packaging Material Product Portfolio
7.13.3 Graham Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.13.4 Graham Main Business and Markets Served
7.13.5 Graham Recent Developments/Updates
7.14 International Paper
7.14.1 International Paper Recyclable Packaging Material Corporation Information
7.14.2 International Paper Recyclable Packaging Material Product Portfolio
7.14.3 International Paper Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.14.4 International Paper Main Business and Markets Served
7.14.5 International Paper Recent Developments/Updates
7.15 Mondi
7.15.1 Mondi Recyclable Packaging Material Corporation Information
7.15.2 Mondi Recyclable Packaging Material Product Portfolio
7.15.3 Mondi Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.15.4 Mondi Main Business and Markets Served
7.15.5 Mondi Recent Developments/Updates
7.16 Tetra Laval
7.16.1 Tetra Laval Recyclable Packaging Material Corporation Information
7.16.2 Tetra Laval Recyclable Packaging Material Product Portfolio
7.16.3 Tetra Laval Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.16.4 Tetra Laval Main Business and Markets Served
7.16.5 Tetra Laval Recent Developments/Updates
7.17 Ardagh
7.17.1 Ardagh Recyclable Packaging Material Corporation Information
7.17.2 Ardagh Recyclable Packaging Material Product Portfolio
7.17.3 Ardagh Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.17.4 Ardagh Main Business and Markets Served
7.17.5 Ardagh Recent Developments/Updates
7.18 BeGreen Packaging
7.18.1 BeGreen Packaging Recyclable Packaging Material Corporation Information
7.18.2 BeGreen Packaging Recyclable Packaging Material Product Portfolio
7.18.3 BeGreen Packaging Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.18.4 BeGreen Packaging Main Business and Markets Served
7.18.5 BeGreen Packaging Recent Developments/Updates
7.19 Amcor
7.19.1 Amcor Recyclable Packaging Material Corporation Information
7.19.2 Amcor Recyclable Packaging Material Product Portfolio
7.19.3 Amcor Recyclable Packaging Material Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.19.4 Amcor Main Business and Markets Served
7.19.5 Amcor Recent Developments/Updates
8 Recyclable Packaging Material Manufacturing Cost Analysis
8.1 Recyclable Packaging Material Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Recyclable Packaging Material
8.4 Recyclable Packaging Material Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Recyclable Packaging Material Distributors List
9.3 Recyclable Packaging Material Customers
10 Market Dynamics
10.1 Recyclable Packaging Material Industry Trends
10.2 Recyclable Packaging Material Growth Drivers
10.3 Recyclable Packaging Material Market Challenges
10.4 Recyclable Packaging Material Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Recyclable Packaging Material by Region (2022-2027)
11.2 North America Recyclable Packaging Material Production, Revenue Forecast (2022-2027)
11.3 Europe Recyclable Packaging Material Production, Revenue Forecast (2022-2027)
11.4 China Recyclable Packaging Material Production, Revenue Forecast (2022-2027)
11.5 Japan Recyclable Packaging Material Production, Revenue Forecast (2022-2027)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Recyclable Packaging Material
12.2 North America Forecasted Consumption of Recyclable Packaging Material by Country
12.3 Europe Market Forecasted Consumption of Recyclable Packaging Material by Country
12.4 Asia Pacific Market Forecasted Consumption of Recyclable Packaging Material by Region
12.5 Latin America Forecasted Consumption of Recyclable Packaging Material by Country
13 Forecast by Type and by Application (2022-2027)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2027)
13.1.1 Global Forecasted Production of Recyclable Packaging Material by Type (2022-2027)
13.1.2 Global Forecasted Revenue of Recyclable Packaging Material by Type (2022-2027)
13.1.3 Global Forecasted Price of Recyclable Packaging Material by Type (2022-2027)
13.2 Global Forecasted Consumption of Recyclable Packaging Material by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
About Us:
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
Contact US
QY Research, INC.
17890 Castleton, Suite 218,
Los Angeles, CA – 91748
USA: +1 626 539 9760
China: +86 1082 945 717
Japan: +81 9038 009 273
India: +91 9766 478 224
Emails – enquiry@qyresearch.com
Web – www.qyresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Recyclable Packaging Material Market 2021 – Recent Trends, Geographical Outlook, Business Opportunities and Forecast to 2027| Berkley International Packaging, Biomass Packaging, Biopac UK, Clondalkin here
News-ID: 2517454 • Views: …
More Releases from QY Research
Spherical Boron Nitride for Electronic Packaging Market to Reach USD 10.90 Milli …
Spherical boron nitride (sBN) is a specialty form of boron nitride engineered into near-spherical particles that combine excellent thermal conductivity, electrical insulation, chemical inertness and superior flowability compared with flake forms; these properties make sBN attractive for demanding electronic-packaging and thermal-management applications where isotropic thermal performance and predictable filler behavior are required. The industry is composed of upstream raw-material and precursor producers, specialized ceramic processing plants that manufacture sBN powder…
Smartphone with Periscope Lens Market to Reach CAGR 14,6% by 2031 Top 10 Company …
Smartphones equipped with periscope-style telephoto lenses have become a distinct premium feature set in the mobile handset industry, enabling high-multiplication optical zoom without making phones excessively thick. The periscope architecture folds optics inside the phone chassis and uses prisms and layered lens groups to achieve longer focal lengths; combined with advanced image-signal processors and computational photography, these modules have shifted premium buyer expectations for zoom and distant-subject imaging. Manufacturers design…
Kitchen Hardware Accessories Market to Reach USD 8,112 Million by 2031 Top 20 Co …
The kitchen hardware accessories industry covers the design, manufacturing and distribution of small but essential components for kitchens including cabinet pulls and knobs, hinges, drawer slides, organizer systems, mounting brackets and complementary small fittings used by OEM appliance makers, cabinet manufacturers, home-improvement retailers and renovation contractors. These components sit at the intersection of functional engineering and interior design: buyers care about mechanical performance (smooth soft-close motion, corrosion resistance, durability), aesthetic…
Global and U.S. Thermoplastic Natural Rubber Market Report, Published by QY Rese …
Thermoplastic Natural Rubber (TPNR) is a hybrid polymer material produced by physically blending natural rubber (NR) with thermoplastic polymers such as polypropylene (PP) or polyethylene (PE), often with compatibilizers to enhance interfacial adhesion. It combines the elasticity and resilience of rubber with the processability and recyclability of thermoplastics. TPNR can be melted, molded, and reprocessed like plastic while maintaining rubber-like flexibility, making it widely used in automotive components, consumer goods,…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
