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Mobile Phone Packaging Market Trends Assessment and Descriptive Analysis

12-31-2020 07:17 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Mobile Phone Packaging Market

Mobile Phone Packaging Market

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.

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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.

Mobile Phone Packaging Market Taxonomy

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

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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.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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