Press release
Global Consumer Electronics Packaging Market Comprehensive Study: Forecasted Market Size And Growth Rate | DS Smith plc, Mondi plc, International Paper Company, Sonoco Products Company
Consumer Electronics Packaging Market Characteristics
The Business Research Company offers in-depth market insights through Consumer Electronics Packaging Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The consumer electronics packaging market size has grown rapidly in recent years. It will grow from $23.01 billion in 2023 to $26.04 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to consumer electronics market growth, protection and durability requirements, increased focus on branding and aesthetics, increased regulatory compliance, increased e-commerce and online retail, and increased global supply chain expansion.
The consumer electronics packaging market size is expected to see rapid growth in the next few years. It will grow to $42.37 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to growing sustainable and eco-friendly packaging, compact and space-saving designs, packaging for emerging technologies, growing need for customized and personalized packaging, and growing electronics recycling and circular economy. Major trends in the forecast period include e-commerce packaging innovations, smart packaging with iot integration, innovative packaging for wearable electronics and ar/vr devices, introduction of user-friendly packaging, and technological innovation.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7534&type=smp
Market Segmentation:
The main types of products in consumer electronics packaging includes corrugated boxes, paperboard boxes, thermoformed trays, bags and pouches, blister packs and clamshells, protective packaging, and others. The corrugated boxes are used as packaging materials for a variety of goods such as food, stationery, electronics, medicine, etc. Corrugated boxes refer to cartons that are made up of a few layers of material instead of just a single sheet-like cardboard. Usually, three layers are present in corrugated boxes, which are stuck together to form a single sheet. The different technologies include active packaging, intelligent packaging, modified atmospheric packaging, anti-microbial packaging, aseptic packaging, and others. The various material types include plastic, paper, paperboard, and others that are used in mobile phones, computers, TVs, DTH and set-top boxes, music systems, printers, scanners, and photocopy machines, game consoles and toys, camcorders and cameras, and others.
Major Driver - Rising Demand For Eco-Friendly Paper And Paperboard Packaging Drives Consumer Electronics Packaging Market Growth
The increasing demand for paper and paperboard in packaging is driving the growth of the consumer electronics packaging market. Paper and paperboard are usually used in packaging due to their biodegradable and environmentally friendly nature. This can help to lower the cost of shipping used electronics. For instance, according to a survey conducted in January 2021 to explore consumer preferences, perceptions, and attitudes toward print, paper, and paper-based packaging, among 8,800 consumers at the global level by Two Sides North America, a US-based non-profit organization working to elevate the use of paper-based packaging and spread awareness, approximately 50% of people believed that paper-based packaging was better for the environment than other types of packaging, while 52% preferred products ordered online to be delivered in paper-based packaging. Therefore, the increasing demand for paper and paperboard packaging is propelling the consumer electronics packaging market growth.
Competitive Landscape:
Major companies operating in the consumer electronics packaging market include DS Smith plc, Mondi plc, International Paper Company, Sonoco Products Company, Shenzhen Hoichow Packing Manufacturing Ltd., Dordan Manufacturing Company, Hangzhou Xunda Packaging Co. Ltd., Dunapack Packaging Group, Universal Protective Packaging Inc., Parksons Packaging Ltd., Neenah Inc., Plastic Ingenuity, JJX Packaging Group, UFP Technologies Inc., JohnsByrne Company, Smurfit Kappa Group plc, Billerud AB, Stora Enso Oyj, WestRock Company, Pregis Corporation LLC., AMETEK Inc., E. I. du Pont de Nemours and Company, Tekni-Plex Inc., Huhtamaki Oyj, Graphic Packaging International LLC, Guangzhou Huaisheng Packaging Co. Ltd., Amcor Limited, Reynolds Group Holdings Limited, Sealed Air Corporation, Silgan Holdings Inc., Crown Holdings Inc.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/consumer-electronics-packaging-global-market-report
Top Trend - Sandvik Coromant Introduces Ai-Powered Smart Packaging Solution For Efficiency And Sustainability
Product innovation is a key trend gaining popularity in the consumer electronics packaging market. Major companies operating in the consumer electronics packaging sector are using new and innovative products to enhance productivity and efficiency. For instance, in June 2021, Sandvik Coromant, a manufacturer of manufacturing tools and packaging services, launched a smart packaging solution to increase operational efficiency. This solution uses artificial intelligence (AI) to determine the smallest packaging required to contain products that would reduce costs and CO2 emissions. With this innovation, everything that can be packed, whether it's a small item like a tool, any electrical equipment, or a huge item like a bicycle, will be located in the smallest box it can fit into by the application. It makes no difference how something is packed, regardless of its size or geometrical shape.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Consumer Electronics Packaging Market Characteristics
3. Consumer Electronics Packaging Market Trends And Strategies
4. Consumer Electronics Packaging Market - Macro Economic Scenario
5. Consumer Electronics Packaging Market Size And Growth
…..
27. Consumer Electronics Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Consumer Electronics Packaging Market Comprehensive Study: Forecasted Market Size And Growth Rate | DS Smith plc, Mondi plc, International Paper Company, Sonoco Products Company here
News-ID: 3409683 • Views: …
More Releases from The Business Research Company
Global High-Resolution Anoscopy Market Outlook 2025-2034: Trends, Innovations, A …
The High-Resolution Anoscopy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the High-Resolution Anoscopy Market Size and Projected Growth Rate?
The market size for high-resolution anoscopy has experienced significant growth over the past few years. The market is predicted to increase from $15.03 billion…
Condyloma Acuminata Treatment Market Size Projected To Reach $2.2 Billion By 203 …
"The Condyloma Acuminata Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Condyloma Acuminata Treatment Market Size During the Forecast Period?
In the past few years, the condyloma acuminata treatment market has seen significant growth. The market value, which is anticipated to…
Household Type Fans Market Forecast 2025-2034: Comprehensive Analysis And Growth …
"The Household Type Fans Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Household Type Fans Market?
The market size for household fans has seen consistent expansion in recent years. The projections indicate an increase from $32.22 billion in 2024…
Grain Fumigants Industry Report 2025-2034: Market Dynamics, Trends, And Forecast …
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Grain Fumigants Market Size During the Forecast Period?
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
