According to the latest report by IMARC Group, "Global Consumer Electronics Packaging Market Size, Share, Growth, 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 refers to enclosure structures that to protect and support consumer electronic devices. Some commonly available consumer electronics packaging are thermoformed trays, blister packs, paperboard boxes, corrugated boxes, pouches, cartons, bags, and clamshells. They are produced from various materials such as polystyrene, paper, polyethylene, polypropylene, polyvinyl chloride, and paperboard to safeguard electronic devices from harsh weather conditions, electrostatic discharge, mechanical damage, corrosion, cooling, radio frequency, noise emission, moisture, chemicals, and radiation. As a result, consumer electronics packaging is extensively used to protect smartphones, computers, tablets, television, digital media adapters, laptops, and electronic wearables.

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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Consumer Electronics Packaging Market Trends and Drivers:

The market is primarily driven by the significant expansion in the consumer electronics industry across the globe. In addition, the rising adoption of work-from-home (WFH) practices due to the sudden outbreak of the coronavirus disease (Covid -19) pandemic has escalated the demand for electronic devices, which represents another major growth-inducing factor. Moreover, the surging need for secure packaging of electronic gadgets such as tablets, laptops, smartphones, and their accessories, including chargers, earphones, and universal serial bus (USB) cables, and the introduction of innovative packaging solutions in unique and vibrant designs with minimal aesthetics is providing a positive thrust to market growth.

Apart from this, with the rising environmental awareness, manufacturers are widely adopting eco-friendly packaging materials to reduce their carbon footprint. Furthermore, extensive research and development (R&D) activities and the implementation of various government initiatives to promote the adoption of green packaging solutions are propelling the market growth.

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.

Some of these top key players include:

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.

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Report Segmentation:

The report has segmented the market on the basis of region, material, layer and application.

Breakup by Material:

Plastics

o   Foam

o   Thermoformed Trays

o   Others

Paper

o   Folding Cartons

o   Corrugated Boxes

o   Others 

Breakup by Layer:

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging 

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

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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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