Mobile Phone Packaging Market Size, Share, Growth Analysis, By Packaging(rigid boxes, folding cartons, flexible films, insert trays), By Material(paperboard, plastics, and molded fiber), By Application(smartphones, feature phones, refurbished phones, and other specialty phones), By Region - Industry Forecast 2024-2031

Mobile Phone Packaging Market size was valued at USD 3.88 billion in 2019 and it is expected to reach USD 5.6 billion by 2031, at a CAGR of 5.4% during the forecast period (2024-2031).

Many mobile phone manufacturers are constantly looking for ways to improve their products and differentiate themselves from their competitors. Mobile phone manufacturers such as Smurfit Kappa Group and Sonoco Products are setting the standard for packaging innovation in the mobile phone market. 'Cellpaks Solutions Ltd', 'Dongguan City Luheng Papers Company Ltd', 'Plastic Ingenuity Inc', 'Pragati Pack (India) Pvt. Ltd', 'UFP Technologies Inc.', 'Kooning International Development Limited', 'Hip Lik Packaging Products Pvt. Ltd', 'Any Graphics Private Limited', 'Guangzhou Junye Packaging Co. Ltd.'

The major driving factor in the mobile phone packaging market is the increasing use of mobile phone packaging by mobile phone manufacturers to support brand objectives. Packaging companies are compelled to deliver packaging solutions that help their clients’ mobile brands stand out on retail shelves.

There is evidence that online purchases of mobile phones and accessories are on the rise, and this trend is continuing to grow. Mobile phone companies are relying more on their websites and mobile applications to sell their products, which is expected to increase demand for their products over the next few years.

North America held the largest share in the mobile phone packaging market in 2021. The market in Asia Pacific is expected to dominate the target market, owing to fast growing smartphone users in emerging economies such as India and China. Several factors are expected to fuel growth in the e-commerce sector in the region, including a growing sector, the presence of key players, and competitive prices.