MOBILE PHONE PACKAGING MARKET ANALYSIS
Asia Pacific is expected to be a dominant region in the global mobile phone packaging market. The increasing number of mobile phone users in India and China are expected to drive the demand for mobile phone packaging in the Asia Pacific. The Department of Telecommunications India, in 2017, reported that around 92.03 of every 100 citizens use cellphones in India. The increasing population in India and China has seen an unprecedented demand for mobile phones. The emergence of local mobile phone manufacturers in these countries in turn, is expected to augment growth of the market during the forecast period.
Europe is home to a large number of mobile phone users. According to the EU 8 out of 10 internet users were surfed via a mobile or smart phone, in 2017. This has resulted in an increasing demand for smart phones in the developed countries of Europe. This in turn, is augmenting growth of the mobile phone packaging market in the region.
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