Consumer Electronics Packaging Market

Market Overview:

The global consumer electronics packaging market size reached US$ 20.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 38 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

Consumer electronics packaging refers to constructing enclosure structures that are designed for protecting and providing support for consumer electronic devices. Paperboard boxes, thermoformed trays, blister packs, corrugated boxes, bags, clamshells and pouches are some of the commonly available consumer electronics packaging that are manufactured using metal, plastic and glass materials. Consumer electronics packaging is widely used to protect the contents from mechanical damage, electrostatic discharge, cooling, radio frequency noise emission, and physical damage. They also aid in protecting the electronic systems from environmental factors, such as moisture, chemicals and radiation. As a result, consumer electronics packaging is widely used in products, such as tablets, smartphones, computers, television, digital media adapters, laptops and electronic wearables.

Consumer Electronics Packaging Market Trends:

Significant growth in the consumer electronics industry across the globe is creating a positive outlook for the market. Consumer electronics packaging is widely used to protect various electronic devices against various internal and external factors, such as harsh weather conditions. Additionally, the increasing demand for secure packaging of smartphones and their accessories, including chargers, earphones and universal serial bus (USB) cables, is favoring the market growth. Apart from this, the launch of innovative packaging solutions in new, unique, vibrant, and memorable designs with minimal aesthetics, are providing a thrust to the market growth. In line with this, rising environmental consciousness among the masses have led to the introduction of environmentally friendly packaging that are biodegradable and assist in decreasing carbon footprint. This, in turn, is positively impacting the market growth. Other factors, including the emerging trend of miniaturized consumer electronics, extensive research and development (R&D) activities, and the implementation of various government initiatives facilitating the adoption of green packaging solutions, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global consumer electronics packaging market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on material, layer and application.

Breakup by Material:

• Plastics
  • Foam
  • Thermoformed Trays
  • Others
• Paper
  • Folding Cartons
  • Corrugated Boxes
  • 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
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Report Coverage: