Mobile Phone Packaging Market All Set to Achieve Higher Revenues – Global Forecast 2025

Phone packaging essential to ensure protection against external damage and harm. Considering the high prices of mobile phones and its fragility, a secured packaging is a priority for transporting them from manufacturing locations to the retail stores. Packaging protects the mobile phones and their components while they are shipped or stored in distributor warehouses. Increasing demand for mobile phones globally is a major factor responsible for driving growth of the global mobile phone packaging market. The International Telecommunication Union estimated that 4.30 billion people used mobile phones globally, which represented 58.7% of the global population. Increasing demand for secured packaging of mobile phone accessories such as earphones, chargers, and USB cables, is increasing the demand for such packaging.

Sample Copy of This [email protected] https://www.coherentmarketinsights.com/insight/request-sample/828

Mobile Phone Packaging Market Taxonomy

Based on the packaging type, mobile phone packaging can be segmented into:Folding Cartons, Flexible Films, Rigid BoxesInsert Trays, Thermoformed Blisters, Bubble Wraps, Others

Based on the material type, mobile phone packaging can be segmented into:Plastic, Paperboard, Molded Fibers, Others

Based on the application type, mobile phone packaging can be segmented into:Smart Phones, Refurbished Phones, Feature Phones, Others

Among packaging type, the folding cartons segment is expected to be the most dominant during the forecast period. This is due to the growing demand for mid-range mobile phones in emerging economies such as India and China. Among material type, the paperboard segment is projected to be the most dominant, owing to the recyclable nature of paperboards.

Asia Pacific is expected to be a dominant region in the global mobile phone packaging market. The increasing number of mobile phone users in India and China are expected to drive the demand for mobile phone packaging in the Asia Pacific. The Department of Telecommunications India, in 2017, reported that around 92.03 of every 100 citizens use cellphones in India. The increasing population in India and China has seen an unprecedented demand for mobile phones. The emergence of local mobile phone manufacturers in these countries in tur, is expected to augment growth of the market during the forecast period.

Europe is home to a large number of mobile phone users. According to the EU 8 out of 10 internet users were surfed via a mobile or smart phone, in 2017. This has resulted in an increasing demand for smart phones in the developed countries of Europe. This in turn, is augmenting growth of the mobile phone packaging market in the region.

View More Information @ https://www.coherentmarketinsights.com/ongoing-insight/mobile-phone-packaging-market-828

Major players operating in the global mobile phones packaging include 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., and Hip Lik Packaging Products Fty. Ltd.

 

You may be interested

Chemicals and Polymer Science

Global Abamectin Market 2023 Geographical segmentation, Key players, Key Topics 

Albert R - December 10, 2018

Worldwide Market Reports recently released "Abamectin Market Report 2017 to 2023". Most recent market Value and Sales Price in the Abamectin Market report classifies the market based…

Chemicals and Polymer Science

Global Sodium Hexameta Phosphate Market Growth, Demand, Size and forecast 2018 – 2023 

Albert R - December 10, 2018

Worldwide Market Reports recently released "Sodium Hexameta Phosphate Market Report 2017 to 2023". Most recent market Value and Sales Price in the Sodium Hexameta Phosphate Market report…

Chemicals and Polymer Science

(R)-(-)-Thiazolidine-4-Carboxylic Acid Market 2018 Market Driver, Market challenge, Product Type, Key Objective, Period 2018 – 2023

Albert R - December 10, 2018

Worldwide Market Reports recently released "(R)-(-)-Thiazolidine-4-Carboxylic Acid Market Report 2017 to 2023". Most recent market Value and Sales Price in the (R)-(-)-Thiazolidine-4-Carboxylic Acid Market report classifies the…

Most from this category