Global Mobile Phones Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global Mobile Phones Packaging Market: Overview
“The global Mobile Phones Packaging Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Mobile phone packaging includes plastic and paper packaging in order to prevent product from damage occurred during storage and transportation.
Global Mobile Phones Packaging Market: Dynamics
Packaging plays an important role throughout the process of storage and transportation. In addition, mobile phones packaging products provide protection and help to enhance shelf-life of product, which helps to offer better quality products.
These are some major factors expected to drive growth of the global market. Moreover, rapidly increasing demand for mobile phones globally is a major factor responsible for growth of the target market. Increasing awareness regarding technology trends of smart devices, owing to increasing penetration of smartphones and Internet, acting as a major factor expected to drive growth of the target market.
Furthermore, rising demand for protective packaging of mobile accessories including chargers, earphones, and USB cables is a factor expected to augment growth of the global mobile phones packaging market over the forecast period.
However, stringent rules and regulations regarding usage of plastic may hamper growth of the global market growth during the forecast period. In addition, Volatile raw material prices may challenge growth of the target market to certain extent.
Latest trend observed in the target market is Online purchasing of mobile phones and accessories is increasing day-by-day. Some of the major mobile phone companies are selling their products through their website or mobile applications, which is expected to boost product demand over the forecast period.
Global Mobile Phones Packaging Market: Segment Analysis
Among the packaging type segments, the folding cartons segment is estimated to register significant growth, owing to high demand for these cartons for packaging mid-range phones.
Among the material segments, the paperboard segment is projected to register substantial growth, owing to increasing demand for eco-friendly packaging solution.
Among the application segments, the smartphones segment is projected to account for significant revenue shares in the global market, owing to increasing demand for smartphones across the globe.
Global Mobile Phones Packaging Market: Regional Analysis
The market in Asia Pacific is expected to dominate the target market, owing to rapidly growing smartphone users in emerging economies such as India and China. In addition, growing e-commerce sector, strong presence of key players and availability of labor and raw material at competitive prices are some additional factors expected to fuel growth of the target market in the region.
North America mobile phones packaging market is projected to register significant growth, owing to increasing demand for secured packaging of mobile phone accessories. Moreover, rising demand for smart and advanced devices among tech-savvy population is another factor fueling growth of the target market growth.
According to document published in 2017, by The Department of Telecommunications – a department of the Ministry of Communications of the executive branch of the Government of India – around 92 of every 100 residents use cellphones in India. In addition, as per document released by International Telecommunication Union (ITU), around 4.3 Bn people used mobile phones globally, which represented almost 58.7% of the global population.
Global Mobile Phones Packaging Market Segmentation:
Segmentation by Packaging Type:
- Folding Cartons
- Rigid Boxes
- Flexible Films
- Bubble Wraps
- Thermoformed Blisters
Segmentation by Material:
- Molded Fibers
Segmentation by Application:
- Smart Phones
- Refurbished Phones
- Feature Phones
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Any Graphics Private Limited (AGPL)
- Pragati Pack (India) Pvt. Ltd.
- UFP Technologies
- Plastic Ingenuity Inc.
- Cellpaks Solutions Ltd.
- Koohing International Development (HK) Limited
- Guangxhou Junye Packaging Co. Ltd.
- Dongguan City Luheng Papers Company Ltd.
- Hip Lik Packaging Products Fty. Ltd.
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