Electronic Goods Packaging Market Competitive Dynamics, Key Players, Global Outlook till 2023
Summary
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
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.
Key PlayersThe 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.
Market Segmentation
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.
Regional AnalysisThe 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.
Intended Audience
- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Market Dynamics
Growing logistics and international trade in electronic goods expected to drive a substantial demand
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.
Additional Information
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Access Full Report With TOC And Figures @ https://www.marketresearchfuture.com/reports/electronic-goods-packaging-market-3118
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.