Consumer Electronics Packaging Market 2021 Growth, Prominent Players: Smurfit Kappa Group PLC, Pregis Corporation, DunaPack Packaging Group

The Consumer Electronics Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Consumer Electronics Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Consumer Electronics Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Consumer Electronics Packaging market.

The consumer electronic packaging market is expected to reach a CAGR of 9.5% over the forecast period (2021 - 2026). 

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Top Leading Companies of Consumer Electronics Packaging Market are - Smurfit Kappa Group PLC, Pregis Corporation, DunaPack Packaging Group, International Paper Company, Sonoco Products Company, Sealed Air Corporation, Dordan Manufacturing, Stora Enso Oyj, DS Smith PLC, Johns Byne Company and others.

Industry News and Updates:

- April 2019 - DS Smith agreed to sell two of its packaging businesses to US-based pulp and paper company International Paper for EUR 63 million. The strategy towards deal would reduce the level of competition in corrugated sheets, and corrugated cases market in Portugal, as well as the market for corrugated cases in Western France as the merged entity, would face limited constraints from competitors.

Key Market Trends:

Paper Packaging Accounted For Significant Market Share in Smartphone

- According to the International Telecommunication Union, it is estimated that 4.30 billion people, representing around 58.7% of the global population, use mobile phones. Surging demand for secured packaging of mobile phone accessories, such as earphones, chargers, and USB cables, is providing a significant momentum to the global mobile phone packaging market growth.
- Smartphones come in their original packaging from their manufacturers. Most of the smartphones are packed in corrugated or cardboard boxes. These are a special type of materials that provide the required protection to the phones packed inside.

Asia-Pacific to Register a Significant Growth Rate

- An increase in spending by the middle class across the region on consumer electronics products such as smartphones, tablets, wearable electronics, televisions, etc. is driving the consumer electronics packaging market growth. The regional market is also witnessing a steadily increasing demand for low cost, less material, and lightweight packaging.
- According to gfu, the sales of television in 2019 were highest in this region, accounting for 83 million unit sales. This enhances the demand for corrugated carton packaging along with the demand of thermocol moulding, thermocol pipe section, thermocol sheet slabs.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Consumer Electronics Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Consumer Electronics Packaging Market (%),2016 - 2026
- Consumer Electronics Packaging Market Share, By Brand
- Consumer Electronics Packaging Market Share, By Company
- Consumer Electronics Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Consumer Electronics Packaging Market Value Analysis & Forecast
- Promising Consumer Electronics Packaging Development by Major Companies
- Detailed Consumer Electronics Packaging Portfolio of the Major Companies
- Major Deals in the Consumer Electronics Packaging Market
- Major Companies Analysis

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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