Global Electronic Goods Packaging Market Future Scope, Size, Analysis, Growth, Trends By Material (Corrugated Boxes, Foamed Plastic, Paperboard, Bubble Packaging, Others), By Product Size (Small Appliances, Large Appliances), By Technology (Authentication Packaging, Track And Trace Packaging) And By Region - Global Forecast To 2023
Electronic Goods Packaging Market Scenario
Electronic goods packaging are fill materials used to protect, prevent damage, identify, identification and prevent tampering of electronics goods. The global electronic goods packaging market is anticipated to grow at a CAGR of around 5 % during the forecast period of 2017 to 2023.
The growth of the electronic goods packaging market is majorly driven by the boom in the e-commerce retail industry. The shipment of electronic goods across huge distances is further driving the need for effective packaging solutions. The proper packaging of electronic goods will ensure that the products are protected from getting destroyed. Thus, this need for the protection of products is further driving the growth of the electronic goods packaging market.
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The key players of Electronic goods packaging market are
- DS Smith Plc. (U.K.)
- International Paper Company (U.S.)
- Mondi plc. (Austria)
- Sealed Air Corporation (U.S.)
- Smurfit Kappa (Republic of Ireland)
- Dunapack Packaging (Austria)
- Georgia-Pacific LLC (U.S.)
- Graham Packaging (U.S.)
- Pregis LLC (U.S.)
- Sonoco Products Company (U.S.)
- Stora Enso (Finland) and others.
To generate a bird’s view of the global packaging foams market, the report is segmented by material, product size, technology, and region.
Based on the material segment, the market has been segmented by corrugated boxes, foamed plastic, paperboard, bubble packaging, others
Based on the product size segment, the market is segmented by small appliances, large appliances
Based on the technology segment, the market is segmented by authentication packaging, track and trace packaging
Based on regions, the market is segmented by North America, Europe, Asia Pacific, Middle East and Africa.
Electronic Goods Packaging Market Regional Analysis
The Asia-Pacific region is expected to dominate the Electronic Goods Packaging Market. The growth of this region can be attributed to the growth of the developing nations such as India and China and the increase in purchasing power amongst the people in that region. the increase in the production activities for all kinds of electronic devices in the countries such as Japan is also contributing to the growth of the electronic goods packaging market in the region.
- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Growing logistics and international trade in electronic goods expected to drive a substantial demand
The explosive growth of business in electronics goods is the prime driver of the market. For example, the total electronics exports of U.S. increased to USD 267.6 in 2015 representing a USD 6.4 billion increase from its value in 2014, while general imports rose to USD 438.2 billion in 2015. The concurrent increase in demand for electronics packaging, falling cost of packaging and growing global supply chains resulting in long traveling distances and times, is expected to drive the market.
Increasing warranty agreements and fragile customer loyalty owing to social media is expected to charge the market
Growing warranty agreements and customer awareness due to increase in social media are another drivers of the market. Increasing cost of non-compliance owing to rising cost of litigation arising from customer claims is other drivers of the market.
Product differentiation strategies owing to packaging and improvement in company image and brand loyalty coupled with growing value of intangible goods are psychographic drivers of the market. Cutthroat competition is resulting in customer switching due to loss of faith due to damaged goods.
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
- Geographical analysis across 15 countries
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1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
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