Mobile Phone Packaging Market, By Packaging Type, Material Type, and Application
Packaging of mobile phones is very important in order to protect them from external damage and harm. The high price of mobile phones makes secured packaging a priority for manufacturers. Packaging protects the mobile phones and their components while they are shipped or stored in distributor warehouses. Packaging plays an important role in the marketing and branding of phones resulting in the increasing demand for packaging by manufacturers. The increasing demand for mobile phones globally is a major driver for the 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. The increasing demand for secured packaging of mobile phone accessories such as earphones, USB cables and others has led to an increasing demand for packaging.
To understand Research Methodology, please click: https://www.coherentmarketinsights.com/insight/request-sample/828
On the basis of the 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 the emerging economies. The paperboard segment is projected to be the most dominant material used in the manufacturing of mobile phone packaging. The recyclable nature of paperboards is a major driver that augments the demand for paperboards in the global mobile phone packaging market during the forecast period.
The major players 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.
Ask for Customization of Research [email protected] https://www.coherentmarketinsights.com/insight/request-customization/828
You may be interested
Medical Cannabis Market | Global Trends, and Forecast to 2025Albert R - April 21, 2018
Increasing approval of medicinal cannabis products and growing research and development activities in the medical cannabis market are expected to support the growth of the market. For…
Familial Amyloid Cardiomyopathy Treatment Market-Moving Towards a Brighter FutureAlbert R - April 21, 2018
Aggregation and deposition of mutant and wild-type transthyretin protein (TTR) in heart results in familial amyloid cardiomyopathy, which typically occur after age of 60. Familial amyloid cardiomyopathy…
3D Cell Culture Market To Witness Robust Expansion by 2024Albert R - April 21, 2018
3D cell culture is group of biological cells that are allowed to grow in artificial media in all three dimensions. It is used in drug discovery and…