Mobile Phone Accessories Packaging Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

ByNiranjan karde

The global mobile phone accessories packaging market is on a trajectory of substantial growth, with an anticipated value of US$ 5.6 billion by 2031, driven by a robust compound annual growth rate (CAGR) of 5.4%. This expansion is primarily attributed to the increasing adoption of mobile phones, particularly among millennials, leading to continuous innovation in the packaging of mobile phone accessories. Aesthetic and tamper-evident packaging solutions are in high demand, ensuring the safe and secure delivery of these valuable products.

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Furthermore, the integration of technology into mobile phone accessories and their packaging is a significant trend. This includes the incorporation of IoT and AI technologies, voice recognition systems, wireless audio products, and innovative advancements in clip-on headphones, enhancing the user experience and driving market growth.

However, the industry’s dynamics are subject to various factors, including economic conditions and brand awareness challenges in underdeveloped countries, which may pose hurdles to the mobile phone accessories packaging market’s growth. Nevertheless, the sector’s overall outlook remains positive, fueled by technological advancements and the increasing ubiquity of mobile devices.

In terms of revenue, the global mobile phone accessories packaging market is estimated to grow by 1.3x during the forecast period paving new paths for the key market players.

Key Takeaways

  • High demand for clear view boxes being witnessed in all major markets
  • PET to remain highly sought-after material for mobile phone accessories packaging manufacturers
  • Asia Pacific ex. Japan is expected to remain in the leading position with nearly 50% of the market share
  • US will be the second largest market, holding over 83% market share in this region
  • Germany to remain the epicentre in Western Europe, accounting for significant packaging sales and exports
  • The United Kingdom, Canada, China, Japan, France, and a few other countries to remain lucrative throughout the forecast period

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 Key Segments:

Packaging Type:

  • Folding Cartons
  • Clear View Boxes
  • Pouches & Bags
  • Clamshells
  • Blister Packs
  • Trays

Material:

  • Plastic
    • PE
    • PET
    • PVC
    • Others (Polystyrene)
  • Paper & Paperboard

Application:

  • Headsets
  • Chargers
  • Protective Covers
  • Screen Protectors
  • Power Banks
  • Batteries
  • Portable Speakers
  • Memory Cards
  • Others (VR, Cables)

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific ex. Japan (APEJ)
  • Middle East and Africa (MEA)
  • Japan