According to the latest report by IMARC Group, “Global Consumer Electronics Packaging Market Report, Growth, Share, Size, Industry Trends, Opportunity and Forecast 2022-2027“, the global consumer electronics packaging market is expected to exhibit a CAGR of 11.37% during 2022-2027.
Consumer electronics packaging represents constructing enclosure structures that are designed for protecting and providing support to consumer electronic devices. It is generally manufactured using various materials, such as metal, plastic, glass, etc. Paperboard boxes, thermoformed trays, blister packs, corrugated boxes, pouches, bags, clamshells, etc., are some of the commonly available consumer electronics packaging in the market. They assist in preserving the electronic systems from environmental factors, including moisture, chemicals, radiation, etc. Consequently, consumer electronics packaging is extensively utilized in tablets, smartphones, computers, television, digital media adapters, laptops, etc.
Consumer Electronics Packaging Market Trends and Drivers:
The widespread product adoption to protect the contents from mechanical and physical damage, electrostatic discharge, cooling, radio frequency noise emission, etc., is primarily driving the consumer electronics packaging market. Moreover, the escalating demand for secure packaging of smartphones and their accessories, including chargers, earphones, universal serial bus (USB) cables, etc., is further catalyzing the market growth.
Apart from this, the launch of innovative packaging solutions in new, unique, vibrant, and memorable designs with minimal aesthetics is acting as another significant growth-inducing factor. Additionally, the emerging trend of miniaturized consumer electronics and the growing investments in R&D activities are also positively influencing the global market.
Besides this, the introduction of environmentally friendly variants that are biodegradable and aid in reducing the carbon footprint is anticipated to fuel the consumer electronics packaging market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Consumer Electronics Packaging Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Dordan Manufacturing Company Incorporated, DS Smith plc, International Paper, JohnsByrne, Mondi plc, Pregis LLC, Sealed Air Corporation, Smurfit Kappa Group, Sonoco Products Company, Stora Enso, UFP Technologies Inc. and WestRock Company.
The report has segmented the market on the basis of region, material, layer and application.
Breakup by Material:
- Plastics
Foam
Thermoformed Trays
Others
- Paper
Folding Cartons
Others
Breakup by Layer:
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
The Breakup by Application:
- Smartphones
- Computing Devices
- Television/DTH Box
- Electronic Wearables
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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