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Mobile Phone Packaging market Is Projected To Reach USD 8,399.59 Million in 2021 | Graphics Private Limited (AGPL), Pragati Pack (India) Pvt. Ltd.
Mobile Phone Packaging market
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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
Based on the material type, mobile phone packaging can be segmented into:
Plastic
Poly Vinyl Chloride (PVC)
Polyethylene terephthalate (PET)
Polyethylene (PE)
High Impact Polystyrene (HIPS)
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.
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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.
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