Global Consumer Electronics Packaging Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Consumer electronics packaging includes corrugated packaging products which are designed for the extreme protection of the goods in storing and transit. Paperboard and Corrugated packaging are more used for consumer packaging for sale for high-end electronics goods, B2B operation, and bulky or heavy material to transit and stored. Heavy-duty corrugated packaging products are made up from corrugated cardboard. Consumer electronics packaging is extensively used to prevent the product from cooling, mechanical damage, electrostatic discharge, radio frequency noise emission, and physical damage. They also help protect the electronic systems from environmental situations, such as chemicals, moisture, and radiation. 

Data Bridge Market Research analyses that the consumer electronics packaging market was valued at USD 20.00 billion in 2021 and is expected to reach USD 45.89 billion by 2029, registering a CAGR of 10.94 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.  

Report Scope and Market Segmentation

Market Definition

Consumer electronics packaging refers to making enclosure structures designed to provide support and protect consumer electronic devices. Corrugated boxes, bags, clamshells, Paperboard boxes, thermoformed trays, blister packs, and pouches are commonly available consumer electronics packaging manufactured using plastic, metal, and glass materials.

Consumer Electronics Packaging Market Dynamics

Drivers

• Growing digitalization.

The rising digitization increasing the Internet of Things (IOT) in market which is driving up the global need for effective all-purpose packaging for consumer electronics items. The global market needs for consumer electronics packaging which are boosted by the growing adoption of smart computing devices such as tablets, laptops mobile phones e-readers, smartphones, and smart computing in several developing and underdeveloped countries which are expected to increase the growth of the consumer electronics packaging market.

• Increase the demand of paper and paperboard in packaging

Paper and paperboard is a material widely used for the production of computer and mobile phone packaging. Computers and Mobile phones are breakable in nature so it requires packaging that provides complete safety for the product. Paper and paperboard provide that strength and rigidity for the product. Other features of paper and paperboard are soft and polished finish and superb printability, making it more popular among electronics appliances companies.

• Demand of sustainable packaging

Many e-commerce companies are aiming to use sustainable packaging solutions like paper-based packaging to reduce the use of plastic waste and move towards the use of paper-based packaging. This trend is also anticipated to hit the consumer electronics packaging market, which is sensitive to exterior impacts with better designing to make packaging stronger.

Opportunities

The demand for superior military-grade packaging in the defence and aerospace sector for weapon control systems, data display systems, naval warships, satellite communication on-board channels, and aircraft guidance-control assemblies is driving the consumer electronic packaging market revenue an create the profitable opportunity in the market Rise in the use of bio based packaging and increase in awareness towards social issues is anticipated to act as an opportunity for the consumer electronics packaging market to grow in upcoming future.

Restraints/ Challenges

Heat dissipation and the initial high cost of electronic packaging are some of the challenges which are limiting the market and reducing the growth of the consumer electronic Packaging Market. The negative impact of COVID-19 outbreak on supply chain and fluctuation in the cost of raw material such as wood pulp is also expected to restrain the consumer electronics packaging market and obstruct the market growth rate during the forecast period. 

This consumer electronics packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the consumer electronics packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Consumer Electronics Packaging Market

The spread of virus during Covid-19 pandemic's had an adverse impact on the sales of packaging solutions globally, along with consumer electronics packaging. The computer and mobile phones sector drive the demand for the consumer electronics packaging. Even during the epidemic, the output of these industries did not considerably get affected the market due to disruptions in supply chains, close in production and a scarcity of raw materials.

Moreover, strict lockdowns and shutdowns across countries affected initial the demands for electronic devices. Schools started to operate in online mode and Offices across the globe started working from home. These factors are significantly augmented the demand for electronics devices giving stimulus to packaging solutions. On a broader level, during the peak of Covid-19 pandemic the sales and demand of consumer electronics packaging increase significantly.

Recent Development

• In December 2021, BillerudKorsnäs is the Swedish paper giant which made a deal with Verso, verso is the North American paperboard manufacturer. This deal will be one of the most cost-efficient deals in the packaging industry's history, which will help develop paperboard platforms in North America.
• In October 2021, De Jong Packaging bought De Hoop paper mill. Compared to other companies, the mill primarily produces heavy-weight recycled paper grades.

Global Consumer Electronics Packaging Market Scope

The consumer electronics packaging market is segmented on the basis of type, material, layer, technology, printing technology, distribution channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Corrugated Boxes
• Paperboard Boxes
• Thermoformed Trays
• Blister Packs and Clamshell
• Protective Packaging
• Bags
• Sacks
• Pouches
• Films
• Foam Packaging
• Air Bubble Pouches
• Others

Material

• Plastic
• Paper
• Aluminium Foil
• Cellulose
• Others

 Layer

• Primary Packaging
• Secondary Packaging
• Tertiary Packaging

 Technology

• Active Packaging
• Intelligent Packaging
• Modified Atmospheric Packaging
• Anti-Microbial Packaging
• Aseptic Packaging
• Others

Printing Technology

• Flexographic
• Gravure
• Others

 Distribution Channel

• E-Commerce
• Supermarkets/Hypermarkets
• Specialty Stores
• Others

Application

• Mobile Phones
• Computers
• TVs
• DTH
• Set- Top Boxes
• Music System
• Printer
• Scanner
• Photocopy Machines
• Game Console and Toys
• Camcorders and Camera
• Electronic Wearable
• Digital Media Adapters
• Others

Consumer Electronics Packaging Market Regional Analysis/Insights

The consumer electronics packaging market is analysed and market size insights and trends are provided by country, type, material, layer, technology, printing technology, distribution channel and application as referenced above.

The countries covered in the consumer electronics packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

During the forecast period, North America dominates the consumer electronics packaging market in terms of revenue and market share. This is due to the increasing demand for consumer electronics packaging in this region. North America region dominates the consumer electronics packaging market, with US and Germany leading the way in terms of government regulations that mandate the use of sustainable packaging and increasing awareness for the usage of cost saving and renewable packaging solutions in this region.

During the projected period, Asia-Pacific is anticipated to be the fastest developing region due to the growing demand for electronic products such as smartphones, tablets, and other consumer electronics products.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Consumer Electronics Packaging Market Share Analysis

The consumer electronics packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to consumer electronics packaging market.

Some of the major players operating in the consumer electronics packaging market are:

• DS Smith (UK)
• Mondi (UK)
• International Paper (US)
• Sonoco Products Company (US)
• Sealed Air (US)
• Huhtamaki (Finland)
• Smurfit Kappa (Ireland)
• WestRock Company (US)
• UFP Technologies Inc. (US)
• Stora Enso (Finland)
• Pregis LLC (US)
• Shenzhen Hoichow Packing Manufacturing Ltd. (China)
• Dordan Manufacturing Company (US)
• Hangzhou Xunda Packaging Co. (China)
• Dunapack Packaging Group (Austria)
• Universal Protective Packaging Inc. (US)
• Parksons Packaging Ltd. (India)
• Neenah Paper and Packaging (US)
• Plastic Ingenuity (US)
• JJX Packaging (US)

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