Increasing Adoption and Launch of New Mobile Phones and Smartphones to Augment Growth of Mobile Phones Packaging Market

Mobile Phones Packaging Market


 Increasing adoption of mobile phones and smartphones is expected to propel growth of the global mobile phones packaging market. For instance, according to Pew Research Center’s February 2019 report, over 5 billion people have mobile devices and over 50% of these connections are smartphones. Moreover, launch of new mobile phones is also expected to aid in growth of the market. For instance, in February 2021, Samsung launched its new Samsung Galaxy A32 5G smartphone in Thailand.

Significant growth in the e-commerce sector is expected to offer lucrative growth opportunities for players in the global mobile phones packaging market. For instance, according to India Brand Equity Foundation, the e-commerce sector in India is expected to reach US$ 200 billion by 2026 from US$ 38.5 billion as of 2017.   

However, low adoption of smartphones and internet in some emerging economies is expected to hinder growth of the global mobile phones packaging market. For instance, in October 2019, according to Pew Research Center (October 2019), Sub-Saharan Africa has a lower level of internet use than any other geographic region, ranging from a high of 59% in South Africa to a low of 25% in Tanzania.

Among regions, North America is expected to witness significant growth in the mobile phones packaging market, owing to increasing adoption of mobile phones and smartphones in the region. For instance, according to Pew Research Center, as of February 2019, 81% of U.S. adults used smartphones compared to 77% in October 2018.

Europe is also expected to witness significant growth in the mobile phones packaging market, owing to increasing adoption of mobile phones and smartphones in the region. For instance, according to Pew Research Center, 76% of adults in the U.K. owned a smartphone in 2018.

The global mobile phones packaging market is witnessing increase in adoption of environmentally sustainable packaging solutions. For instance, in 2019, Samsung Electronics announced that the company will implement steps to replace plastic packaging materials with paper and other environmentally sustainable elements.

Competitive Analysis

Major players operating in the global mobile phones packaging market include, Any Graphics Private Limited (AGPL), Pragati Pack (India) Pvt. Ltd, UFP Technologies, Plastic Ingenuity Inc., Cellpak Solutions Ltd., Koohing International Development (HK) Limited, Guangxhou Junye Packaging Co. Ltd., Dongguan City Luheng Papers Company Ltd., and Hip Lik Packaging Products Fty. Ltd

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