Disc Packaging Wallets Market - Production, Sales, Supply, Demand, Analysis & Forecast to 2025

Disc packaging wallets are compact disc protection solutions. Compact discs being extremely delicate, require protection from water, chemicals, tear, and other varieties of physical damage. Disc packaging wallets are packaging solutions that can contain more than one compact discs. Disc packaging wallets enjoyed wide usage about until a decade ago, after which, a decline was witnessed.

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The global compact disc market has witnessed a steady decline in the last decade. However, it would be too early to term compact discs ‘obsolete’. Several companies use compact discs as a means to communicate media to target buyers, by placing them in places with high foot traffic, such as pharmacies, retail stores and supermarkets, among others. This is one of the key factors expected to generate demand for disc packaging wallets, over the forecast period.

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The global disc packaging wallets market is expected to have more penetration in regions with least internet access. According to a survey by International Telecommunications Union in 2016, nearly 47% of the world population had internet access. Of these, internet enjoyed more than 80% penetration in the developed countries, while the figure was half, in developing regions. Therefore, the developing countries are expected to be at the epicenter of marketing strategies for compact disc manufacturers and disc packaging wallets manufacturers.

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The global disc packaging wallets market is also expected to be driven by demand for music albums worldwide. They are mostly used to contain a full music album, or a collection of compact discs. A key factor for high preference for disc packaging wallets is their portability. Disc packaging wallets are manufactured in a variety of configurations, all of which are aimed at increasing convenience as well as maximize disc protection. In 2015, more than 80% of the revenues generated from music sales in Japan, were in compact disc format.

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