MOBILE PHONE PACKAGING MARKET ANALYSIS

Market Challenges And Opportunities

Phone packaging essential to ensure protection against external damage and harm. Considering the high prices of mobile phones and its fragility, a secured packaging is a priority for transporting them from manufacturing locations to the retail stores. Packaging protects the mobile phones and their components while they are shipped or stored in distributor warehouses. Increasing demand for mobile phones globally is a major factor responsible for driving growth of the global mobile phone packaging market. The International Telecommunication Union estimated that 4.30 billion people used mobile phones globally, which represented 58.7% of the global population. Increasing demand for secured packaging of mobile phone accessories such as earphones, chargers, and USB cables, is increasing the demand for such packaging.