Global Mobile Phone Accessories Packaging Market is Segmented Product Type (Clear view boxes, Folding cartons, Pouches & Bags, Clamshells, Blister packs, Trays, Others), By Material (Plastic, Paper, Others), By Application (Screen protectors, Headsets, Protective covers, Power banks, Chargers, Batteries, USB Cables, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Mobile Phone Accessories Packaging Market Overview
The Global Mobile Phone Accessories Packaging Market is estimated to reach at a high CAGR of 6.9% during the forecast period 2023-2030. Mobile phone accessories are packed in folding cartons, clear view boxes and other packaging products to facilitate small volumes and customized printing. The mobile phone accessories packaging products are widely manufactured from various plastics, paper and natural materials. The high adoption of smartphones with the generation of mid-range and low-range smartphones boosts the demand for various types of accessories associated with them.
The sales of accessories such as headphones, power banks, chargers, adapters, and others products are projected to increase exponentially in the upcoming years, creating opportunities for the mobile phone accessories packaging market. Moreover, e-commerce platforms have been a major factor for the market growth due to the availability of a large number of accessories at one site and attractive features.
Mobile Phone Accessories Packaging Market SUMMARY AND SCOPE
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Metrics |
Details |
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Market CAGR |
6.9% |
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Segments Covered |
By Product Type, By Material, By Application, and By Region |
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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 key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
Mobile Phone Accessories Packaging Market Dynamics and Trends
The global mobile phone accessories packaging market is expected to drive with growing emphasis on eco-friendly packaging products and increasing mobile accessories sales from e-commerce platforms.
Growing emphasis for eco-friendly packaging solutions
The growing emphasis on eco-friendly packaging solutions is expected to drive the mobile phone accessories packaging market in the forecast period. With increasing penetration towards mobile phones and their accessories, the companies are also focusing on delivering the products in sustainable materials with rising environmental concerns globally. For example, in 2019, Samsung Electronics announced to replace plastic packaging of products and accessories with paper and other various environmentally sustainable alternative materials. The company plans only to use paper packaging approved by forestry initiatives for its electronics by next year. In ten years, the company aims to use 500,000 tons of recycled plastics and retrieve almost 7.5 million tons of their disposable products.
To help companies to shift towards sustainable packaging goals, various associations have been working on these concerns. In 2020- CTIA announced a new set of guidelines for the wireless device and accessory packaging. This practice was developed by the Sustainable Packaging Working Group, which includes AT&T, Samsung, Asurion, Southern Company, T-Mobile and Verizon.
Environmental impacts associated with non-recyclable products
The environmental impacts associated with packaging products are responsible for restraining the growth of the mobile phone accessories packaging market in the forecast period. With increasing sales of smartphone accessories and upcoming new gadgets, the demand for packaging products will also grow. All the non-recyclable plastic accessories packaging is thrown away after its use. These plastic packaging sticks around in the environment for ages, spreading toxins and threatening wildlife. Moreover, the packaging takes decades to break down and release microplastics that further pollute the environment.
The companies are shifting to the use of recyclable plastics or paper to overcome the problems. For example, audio device company Jabra has announced to create 100% recyclable packaging for its upcoming and recently launched earbuds. By 2025, the group aims to be climate neutral and shift to the use of at least 50% sustainable material in new products.
COVID-19 Impact Analysis on Mobile Phone Accessories Packaging Market
Due to the pandemic, stakeholders across the mobile phone accessories packaging industry have seen a notable impact as all the production work, factories and other activities were closed. As a result, production was hindered by halts and supply chain disruption globally. After the pandemic, the governments still impose various restrictions, such as working with half the workforce and fewer operating hours hindering the production cycle of the market.
On the other hand, the demand for mobile phone accessories packaging has seen a positive demand during the outbreak. The sales have been increasing from the online shopping platforms. The manufacturers are ensuring contactless delivery of products with adopting perspectives to maintain hygiene.
Mobile Phone Accessories Packaging Market Segmentation Analysis
By material, the mobile phone accessories packaging market is broadly classified into plastic, paper and others.
The plastic mobile phone accessories packaging are expected to grow at the fastest CAGR during the forecast period (2023-2030)
The plastic packaging is expected to hold the largest market for the mobile phone accessories packaging market and are expected to continue their dominance in the forecast period. The plastic material is majorly used for mobile accessories packaging is more versatility, reliable and offers better protection against water and other damages. But the growing concerns towards the environment are encouraging companies to shift towards recyclable or bioplastic packaging.
For instance, in 2020- Mobile phone accessories manufacturer Juice Global Limited has announced to remove the use of single-use plastic packaging. The new packaging will consist of recycling plastics that customers can fully recycle after use in their everyday recycling bin, creating a cyclical process that forms its global ecosystem. The company has also launched plant-based phone cases and packaging, manufactured from natural materials including wheat, starch, corn and they are designed to break down in 12 months.
Mobile Phone Accessories Packaging Market Geographical Share
Asia Pacific region holds the largest market for the global mobile phone accessories packaging globally
Asia Pacific region holds the largest market share for the mobile phone accessories packaging market globally and is expected to continue its dominance in the forecast period. China is one of the prominent manufacturers and exporters of consumer electronics in the world. The country has trade consumer electronics with several countries with growing demand for smartphones and is creating opportunities for the mobile phone accessories packaging manufacturers.
Moreover, India has also emerged as a significant market player in the region with its ongoing initiative such as ‘Make in India’, aiming to expand the country's manufacturing of smartphones and accessories. The country aims to achieve exports of US$ 100 billion in mobile phones and accessories and nearly US$ 40 billion in components by 2025.
The leading smartphone companies in the region have also been changing their packaging with changing preferences. In 2021- Sony Electronics has launched the WF-1000XM4 headphones in its sustainable, blended paper packaging developed by the company. Except for the label, the packaging is entirely made using “Original Blended Material.
Mobile Phone Accessories Packaging Companies and Competitive Landscape
The mobile phone accessories packaging market is highly competitive with the local player’s presence, followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Sonoco Products Company, Muge Packaging, Smurfit Kappa Group, Dordan Manufacturing Co., Panic Plastics, Inc., The Packaging Pro, Display Pack, Inc, Dongguan Zhongyin Paper Co., Ltd., Jiajiexing Group Company Limited, Universal Protective Packaging Inc., Key Packaging Co. Inc., Blisterpak Inc., Envision packaging Inc., Kinyi technology limited, and others. The major players are adopting various new strategies to dominate the market, such as product launches, expansions, acquisitions and collaborations, contributing to the growth of the Graphene battery market globally.
Sonoco Products Company
Overview: Sonoco Products Company is a U.S based international provider of diversified industrial products, consumer packaging, protective packaging and packaging supply chain services.
Product Portfolio: The Company is engaged in offering various types of consumer product packaging & services ranging from rigid paper & plastics to flexible packaging and hybrid options for diverse end-user industries.
Key Development: In 2020, the Alloyd Division of Sonoco has introduced its first all-paper retail blister package. The new packaging provides an alternative to the traditional thermoformed plastic blister package that is found majorly in retail outlets around the world.
The global mobile phone accessories packaging market report would provide access to an approx: 61 market data table, 61 figures and 180 pages.
