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Consumer Electronics Packaging Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: July 2024 || SKU: PAC3956
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180 pages
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Table of Contents
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Global Consumer Electronics Packaging Market is segmented By Product (Corrugated Boxes, Paperboard Boxes, Thermoformed Trays, Others), By Material (Plastic, Paper & paperboard, Others), By Application (Mobile Phones, Computers, TVs, Laptops, and Set-top Boxes, Electronic Wearables, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Report Overview

The global consumer electronics packaging market is estimated to reach a high CAGR during the forecast period 2024-2031.

The design and manufacture of enclosures for electronic equipment ranging from individual semiconductor devices to full systems such as a mainframe computer are known as electronic packaging. When packaging an electronic system, mechanical damage, cooling, radio frequency noise emission, and electrostatic discharge must all be considered.

Standard commercially available enclosures, such as card cages or prefabricated boxes, can be used for prototypes and small-scale industrial equipment. To improve customer appeal, mass-market consumer devices may have highly specialized packaging. Mechanical engineering includes an important discipline called electronic packaging.

 

Market Scope

Metrics

Details

Market CAGR

High

Segments Covered

By Product, By Material, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Largest Market Share 

Asia Pacific

 

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Market Dynamics

The market is predicted to grow in response to rising concerns about product and customer safety. Other factors such as technical advancements, rising digitalization, and increased demand for protective packaging items are expected to boost the consumer electronics packaging market.

The market is predicted to rise due to growing digitalization.

The global Internet of Things (IoT) market is developing as a result of increasing digitization, which is driving up the global need for effective all-weather packaging for consumer electronics items. Fragile electronic devices utilized in IoT networks, including network servers, routers, and sensors, increase demand. These items necessitate effective all-weather protection.

The global market needs for consumer electronics packaging are bolstered by the increasing adoption of mobile phones and smart computing devices such as e-readers, smartphones, tablets, and laptops in various developing and underdeveloped economies.

The market is predicted to rise due to the increasing focus on the protective packaging of electronic products.

Protective packaging products such as air bubble wraps, air pillows, and other inflatable packaging products that can protect consumer electronics products from electrostatic discharge, water, harsh weather conditions, corrosion, and dust should be prioritized by manufacturers of consumer electronics packaging products.

The expansion of creative packaging items is being driven by changing customer buying patterns, such as purchasing consumer electrical products in supermarkets. Consumers' operating overhead expenditures have decreased due to this shifting buying behavior, which is driving up demand for consumer electronics packaging. The market is also predicted to develop because of the desire for single-material, environmentally friendly, and simple-to-use consumer electronics packaging.

The consumer electronics packaging market is projected to be restrained by regulations for the use of plastic.

Regulations governing the use of plastic pose a threat to the market growth of plastic-based packaging solutions. PVC polymers are also utilized in lightweight consumer electronics, but at higher temperatures, the quality of the plastic channels deteriorates and is essentially broken, posing a problem.

COVID-19 Impact on Consumer Electronics Packaging Market Growth

Electronic package manufacturers have been forced to halt production due to government limitations implemented after the COVID-19 epidemic, which has disrupted the broader semiconductor manufacturing and supply chain.

The COVID-19 epidemic has caused a drop in demand for semiconductor-based products. Due to the lockdown situation, gadget manufacturing has come to a halt. The worldwide electronic packaging market's whole supply chain has been disrupted as a result of this.

On the other hand, the electronic packaging sector sees an opportunity in the current crisis, as companies begin to work from home and end-users consume more information on digital platforms, increasing the need for storage and memory solutions for data centers, laptops, and other devices. The market is currently driven by the use of medical devices with integrated electronic packaging for bio-imaging and clinical diagnostics.

consumer electronics packaging market Segmentation Analysis

By Material, the consumer electronics packaging market is classified into plastic, paper and & paperboard, and others.

The Paper & paperboard segment is expected to be the dominant type during the forecast period (2023-2030)

Smartphones are delivered in the manufacturer's original packaging. The majority of smartphones come in corrugated or cardboard boxes. These are unique materials that give the necessary protection for the phones contained within. Rigid boxes (also known as set-up boxes) are more durable than folding cartons since they do not fold or collapse. They're utilized when a product is particularly hefty and requires additional support.

RAZR's, on the other hand, is one of the most fashionable boxes. It's made to stand on its own, and it comes completely unfurled and ready to use. The box has a basic design that is appealing. According to IBEF, India's smartphone user base is predicted to reach 450 million by 2020. This boosts the expansion of corrugated paper packaging in the upcoming market.

The mobile phones segment is expected to be the dominant type during the forecast period (2023-2030)

Mobile phone and smart computer device penetration are expanding in developing and underdeveloped economies such as India, Bangladesh, Brazil, Argentina, Nigeria, and South Africa, which is boosting global market demand for the category. The increasing demand for secure packaging of mobile phone accessories, including earphones, chargers, and USB cables, is propelling the worldwide electronic packaging market forward.

The packaging for the iPhone is a type of paper overboard packaging. The box's walls are made of extra-thick chipboard. Wrapping paper with a delicate touch is used on the outside. Most phone boxes are meant to conceal the contents of the box as well as the phone that was recently purchased. Players are constantly coming up with fresh designs to attract customers.

consumer electronics packaging market Geographical Share

Asia-Pacific holds the largest market share global consumer electronics packaging market.

The Asia-Pacific consumer electronics packaging market is growing due to an increase in discretionary spending by the middle class on consumer electronics items such as smartphones, tablets, wearable electronics, televisions, and so on. The demand for low-cost, low-material, and lightweight packaging is gradually expanding in the regional market.

Furthermore, many e-commerce businesses concentrate on sustainable packaging solutions to reduce plastic waste and shift to paper-based packaging. The trend is projected to spread to the consumer electronics sector, which is sensitive to external influences and could benefit from better packaging design. Because the Indian government is likely to restrict the use of plastic packaging, e-commerce companies in India, such as Amazon and Flipkart, are looking for alternatives to single-use plastic.

Consumer Electronics Packaging Companies

The global consumer electronics packaging market is highly consolidated. Key players operating in the global market for Consumer Electronics Packaging include JJX Packaging, Plastic Ingenuity, Neenah Paper & paperboard and Packaging, Universal Protective Packaging, Inc., Parksons Packaging Ltd., Hangzhou Schindler packaging company limited, Pregis LLC, Dordan Manufacturing Company, Stora Enso, and UFP Technologies, Inc.

Jordan Manufacturing Company

Overview: Dordan Manufacturing, based in Woodstock, Illinois, is a family-owned specialty plastic thermoforming firm. Dordan is a fully integrated thermoform supplier of plastic clamshells, blisters, trays, and medical packaging that is ISO 9001:2015 certified and has in-house package design, tooling, manufacturing, and cleanroom thermoforming.

Product Portfolio: It offers software, technology, and equipment for design, tooling, and manufacturing to ensure the manufacture of high-quality, high-performing thermoformed parts and packaging.

Key Developments: Dordan Manufacturing Company's ESD (electrostatic-discharge/dissipative) thermoformed electronics packaging protects sensitive devices from electrostatic charge and reduces particle attraction. Clamshells, blisters, and insert trays protect and sell consumer electronics at retail, while dunnage trays safely transport devices throughout production and logistical operations.

The global consumer electronics packaging report would provide access to approx. 60 market data tables, 54 figures, and 180 pages.

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FAQ’s

  • The global consumer electronics packaging market is estimated to reach a high CAGR during the forecast period 2024-2031.

  • The Asia-Pacific region currently holds the largest market share, driven by rising disposable income and increasing demand for smartphones and other gadgets.

  • JJX Packaging, Plastic Ingenuity, Neenah Paper & paperboard and Packaging, Universal Protective Packaging, Inc., Parksons Packaging Ltd., Hangzhou Schindler packaging company limited, Pregis LLC, Dordan Manufacturing Company, Stora Enso, and UFP Technologies, Inc.
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