PUBLISHER: Allied Market Research | PRODUCT CODE: 1344447
PUBLISHER: Allied Market Research | PRODUCT CODE: 1344447
According to a new report published by Allied Market Research, titled, "Consumer Electronics Packaging Market," The consumer electronics packaging market was valued at $22.1 billion in 2022, and is estimated to reach $49.1 billion by 2032, growing at a CAGR of 8.4% from 2023 to 2032.
The market for packaging materials and goods used to carry and preserve consumer electronics, such as smartphones, laptops, tablets, TVs, and other electronic gadgets, is referred to as the "consumer electronics packaging market." For electrical devices to be shipped from manufacturers to retailers and end users in a safe and secure manner, they must be packaged for consumer use. A broad variety of packaging types and materials, including corrugated boxes, plastic trays, clamshells, bags, and protective foam, are used in the packaging of consumer electronics. The packaging may be altered to meet the unique specifications of various electronic items, offering protection during transportation and storage against harm, dust, moisture, and other risks.
The consumer electronics packaging market is segmented on the basis of type, material type, application, and region. By type, the market is divided into corrugated boxes, paperboard boxes, thermoformed trays, blister packs & clamshell, and others. By material type, the market is classified into plastic, paper & paperboard, and others. By application, the market is categorized into mobile phones, computers, TVs, DTH & Set-Top boxes, music systems, printers, scanners & photocopy machines, camcorders & cameras, game consoles & toys, electronic wearables, and others.
Region wise, the consumer electronics packaging market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players profiled in the report include: DS Smith Plc, Mondi Group, International Paper Company, Sonoco Products Company, Sealed Air Corporation, Huhtamaki Oyj, Smurfit Kappa Group PLC, WestRock Company, UFP Technologies, Inc., and Stora Enso Oyj.