Market Research Blog

The global labels market is poised for substantial growth, with an expected valuation of USD 41.75 billion in 2023. The market is forecasted to accelerate at a CAGR of 4.9% from 2023 to 2033, potentially reaching USD 67.36 billion by the end of the forecast period.

Key Market Drivers

1. Pressure-Sensitive Labels (PSL) Segment Dominance: The pressure-sensitive labels segment is expected to hold a substantial share of the global labels market throughout the forecast period. These labels are preferred for their ease of application and ability to maintain integrity in diverse environmental conditions. By the end of the forecast period, the PSL segment is projected to account for approximately three-fourths of the market, reflecting their widespread adoption across industries.
2. Rise in Demand for Smart Labels: There is a growing need for enhanced safety and authenticity across industries, driving the demand for smart labels. These labels integrate technologies such as RFID and NFC, enabling functionalities like product tracking, anti-counterfeiting measures, and direct consumer engagement. The adoption of smart labels is anticipated to grow significantly, presenting new avenues for market expansion.
3. Technological Advancements: RFID technology, in particular, is gaining traction in the labels market due to its ability to reduce operational costs, minimize errors, and enhance inventory management efficiency. RFID labels are resilient in adverse conditions and play a crucial role in supply chain optimization and product traceability across industries, particularly in retail and logistics.
4. Sustainability Initiatives: The labels industry is witnessing a shift towards sustainable practices and materials. Manufacturers are increasingly offering eco-friendly labeling solutions, such as labels made from recycled materials or compostable substrates. Initiatives like Avery Dennison’s use of recycled PP and HERMA’s compostable materials highlight the industry’s commitment to reducing environmental impact and meeting consumer preferences for sustainable products.

Regional Insights

• North America and Europe: These regions are expected to exhibit high demand for labels, driven by stringent regulatory requirements in packaging and labeling across sectors such as food & beverage and pharmaceuticals. The emphasis on product safety, information transparency, and consumer engagement through packaging is bolstering market growth in these regions.
• United States Market: Within North America, the United States is anticipated to dominate with 85% of total sales by the end of the forecast period. Factors contributing to this growth include robust growth in the e-commerce sector, increasing consumption of packaged and processed foods, and a growing preference for sustainable packaging solutions.
• Indian Market: In India, the labels market is projected to grow at an impressive CAGR of 8.9%, driven by expanding retail infrastructure, rising demand for frozen and packaged foods, and regulatory initiatives such as front-of-package labeling requirements. The country’s evolving food safety regulations and the proliferation of quick-service restaurants are also contributing to market expansion.

Industry Trends:

1. E-commerce Packaging Requirements: The exponential growth of e-commerce has led to evolving packaging requirements, including durable and informative labels that can withstand the rigors of shipping and handling while providing essential product information and branding.
2. Regulatory Compliance and Labeling Standards: Stringent regulatory requirements and labeling standards continue to shape the labels market. [Your Company Name] remains committed to ensuring compliance with regulatory guidelines while helping clients navigate complex labeling requirements across different regions and industries.
3. Demand for Anti-Counterfeiting Solutions: With the rise in counterfeit products, there is a growing demand for anti-counterfeiting solutions such as tamper-evident labels, holographic labels, and track-and-trace technologies. [Your Company Name] is at the forefront of developing innovative anti-counterfeiting solutions to safeguard brands and consumers alike.
4. Rise of Digitalization and Industry 4.0: Digitalization and Industry 4.0 technologies are transforming the labels market, enabling automation, predictive maintenance, and real-time data analytics. [Your Company Name] is embracing these technologies to enhance operational efficiency, streamline production processes, and deliver superior value to clients.
5. Shift Towards Flexible Packaging: There is a noticeable shift towards flexible packaging solutions, driven by factors such as convenience, sustainability, and cost-effectiveness. [Your Company Name] is adapting to this trend by offering innovative labeling solutions tailored to the specific requirements of flexible packaging formats.

Key Takeaways:

• Expanding e-commerce and growing digitization to strengthen market prospects.
• The U.S. is expected to account for about 83% of the overall sales in North America.
• The label market in India is predicted to register a robust 8.8% CAGR.
• In 2022, the sensitive labels segment will account for 73% of the market share.
• By end use, food segment will grow at a 3.2% CAGR during the forecast period.

Access Full Report: https://www.futuremarketinsights.com/reports/labels-market

Key Segments

By Product Type:

• Pressure Sensitive Labels
• Shrink Labels
• Stretch Labels
• Wet Glue Labels
• Others (In-mold, pre-gummed, etc.)

By Material Type:

• Plastic
  • Polyethylene (PE)
    • LDPE
    • HDPE
    • LLDPE
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Others
• Paper
• Foil

By Printing Technique:

• Flexographic Printing
• Digital Printing
• Gravure Printing
• Offset Printing
• Letterpress Printing

By Ink Type:

• Solvent Based
• Water Based
• UV Based
• Others (Latex Based, etc.)

By End Use:

• Food
  • Bakery & Confectionery
  • Dairy Products
  • Baby Food
  • Chilled/Frozen Food
  • Others (Snacks, etc.)
• Beverages
  • Alcoholic
  • Non-Alcoholic
• Pharmaceutical
  • Tablet/Capsules
  • Cream & Ointment
  • Liquid Syrup
  • Others
• Cosmetics & Personal Care
• Homecare & Toiletries
• Chemicals
• Automobiles
• Other Consumer Durables

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East and Africa
• Oceania

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global technical films market is projected to experience significant growth, with its value expected to increase from USD 38.5 billion in 2023 to USD 64.5 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 5.3% over the forecast period. This growth is largely fueled by the increasing focus on safety and protection across various industries.

Core Concepts in the Technical Film Industry

• Market Growth in 2022: The market was valued at US$ 64.5 billion in 2022.
• Current Market Size in 2023: The market is valued at US$ 38.5 billion in 2023.
• Leading Film Type Segment: The technical film market is estimated to exhibit a 5.2% CAGR through 2033.
• End-use Industry Driving the Market: The food & beverage sector is expected to grow at a CAGR of 5.1% by 2033.
• Lucrative Country in the Market: The United Kingdom is projected to hold a 5.2% CAGR by 2033.

Key Market Insights:

1. Demand Driven by Lightweight Solutions: The increasing focus on safety and protection across various industries is driving the demand for technical films. These films offer high strength-to-weight ratios, making them ideal for applications that require durability while reducing overall weight. Industries such as automotive and aerospace are particularly embracing technical films to enhance performance, fuel efficiency, and sustainability.
2. Automotive Industry Impact: In the automotive sector, technical films are instrumental in helping manufacturers meet stringent fuel efficiency and emission regulations. By replacing heavier materials with lightweight films, vehicles can achieve improved fuel economy and reduced emissions. Additionally, technical films offer functionalities such as impact resistance, noise reduction, and thermal insulation, contributing to enhanced vehicle performance and driving comfort.
3. Aerospace Applications: Similarly, in the aerospace industry, where weight reduction is critical for aircraft performance, technical films are used extensively. Lightweight films are deployed in aircraft components to achieve weight savings without compromising strength or safety. This not only enhances fuel efficiency and extends aircraft range but also increases payload capacity, aligning with sustainability goals in aviation.
4. Environmental Sustainability: The adoption of technical films supports sustainability objectives by reducing energy consumption and greenhouse gas emissions. Lighter vehicles and aircraft consume less energy during operation, contributing to a smaller environmental footprint. This trend addresses global concerns about climate change and the need for eco-friendly transportation solutions.

Emerging Opportunities

Electronics Industry Growth:

• The expanding electronics industry, driven by advancements in consumer electronics, telecommunications, and smart devices, presents significant opportunities for technical films. These films are used in display technologies, printed circuit boards (PCBs), and insulation materials.
• In display technologies, technical films enhance display quality by providing anti-glare properties, anti-reflection coatings, and optical clarity. They also offer protection against scratches and fingerprints, increasing the durability of electronic displays.
• In PCBs, technical films provide electrical insulation, thermal management, and protection against environmental factors, ensuring reliable performance and preventing electrical failures.

Country-wise Insights

The food and beverage industry in the United Kingdom stands as a formidable driver for the demand of technical films, particularly in packaging applications. With a substantial economic footprint, valued at approximately $120 billion in 2022, this sector constitutes a significant portion of the UK’s manufacturing landscape, comprising about 20% of the total sector. This economic vitality translates directly into a heightened requirement for packaging films, including technical films, bolstering market opportunities. Projections indicate an incremental opportunity of around $600 million for technical films in the UK market, with a forecasted compound annual growth rate (CAGR) of 5.2%. Similarly, in the United States, the construction industry’s robust $1 trillion valuation underscores substantial demand for technical films in various packaging applications, with an anticipated CAGR of 5.1%. These trends highlight how pivotal sectors like food and beverage and construction are pivotal in driving growth within the technical films market across both nations.

Competitive Scenario: 

• Saudi Arabia Basic Industries Corporation (SABIC),
• Borealis AG,
• Selenis Portugal S.A.,
• Vizelpas,
• Floter Verpackungs Service GmbH,
• HYPAC Packaging Pte Ltd.,
• Bioplast,
• Futamura Chemical Co. Ltd.,
• Polifilm GmbH,
• Perlen Packaging AG,
• HAFLIGER Film Spa,
• Kuhne Anlagenbau GmbH,
• Idealplast Srl and
• Cassioli Srl

Access Full Report: https://www.futuremarketinsights.com/reports/technical-films-market

Technical Films Market By Category

By Film Type:

• Stretch Film
• Shrink Film
• Barrier Film
• Conductive Film
• Safety & Security Film
• Anti-Fog Film
• Other Technical Films

By Material:

• Polyethylene (PE)
  • LDPE
  • LLDPE
• Polyethylene terephthalate (PET)
• Polyamide (PA)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Ethylene vinyl alcohol (EVOH)
• Polyurethane (PU)
• Aluminum
• Polycarbonate (PC)
• Others

By Thickness Type:

• Up to 25 microns
• 25-50 microns
• 50-100 microns
• 100-150 microns
• above 150 microns

By End Use Industry:

• Food & Beverage
• Cosmetic & Personal Care
• Chemical
• Agriculture
• Building & Construction
• Pharmaceutical
• Electrical & Electronic
• Automobile
• Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global wine barrel market is set to experience significant growth over the next decade, with a projected CAGR of 4.3% during the forecast period from 2024 to 2034. According to recent industry analysis, the market is expected to increase from USD 4.2 billion in 2024 to USD 6.4 billion by 2034. In 2023, the market registered a growth rate of 2.6%.

Market Trends 

• Wine Tourism: The rising popularity of wine tourism boosts demand for decorative wine barrels, enhancing the aesthetic appeal of wineries and tasting rooms.
• Online Retail Channels: The expansion of online retail channels is providing wider accessibility to consumers, enabling easier purchase and delivery of wine barrels to both commercial and individual buyers.

Key Drivers of Market Growth

1. Increasing Wine Consumption: The growing popularity of wine consumption worldwide is a primary driver of the wine barrel market. As more people discover the joys of wine, the demand for high-quality barrels to store and age wine has surged significantly.
2. Artisanal and Small-Batch Wines: There is an increasing interest in artisanal and small-batch wines, which are often produced in limited quantities with a strong emphasis on the quality of the winemaking process. High-quality barrels are essential in this process, enhancing the flavor, aroma, and texture of the wine.
3. Sustainability Focus: The wine industry is increasingly focusing on sustainability, with many winemakers seeking ways to reduce their environmental impact. The use of reusable and recyclable wine barrels is one such sustainable practice gaining traction.
4. Natural and Organic Wines: A trend towards more natural and organic wines is also driving demand. Winemakers are opting for minimally treated oak barrels to preserve the natural flavor and aroma of their wines, increasing the demand for high-quality, natural oak barrels.

Key Opportunities 

1. Demand for Premium Wines: Premium wines, often aged in oak barrels, are gaining popularity. Manufacturers producing high-quality wine barrels can attract premium wine producers and command higher prices for their products.
2. Global Wine Industry: The wine industry is becoming increasingly global, creating opportunities for manufacturers offering a range of barrels catering to different wine styles and regions. This includes barrels made from various types of wood, with different toast levels and sizes.
3. Technological Advancements: Technological advancements have enabled manufacturers to produce barrels with more consistent quality, providing winemakers with greater control over the aging process. Barrels with advanced features, such as micro-oxygenation systems and adjustable stave systems, are particularly appealing to winemakers seeking precision in the aging process.

The emergence of Stainless Steel Barrels and Tanks as Alternative

Over the last few years, stainless steel wine barrels are precisely design and develop by manufacturers to meet the need of winemakers in all stages of development, fermentation, maturation, and storage of wine. The actual duration in the usage of oak wine barrel by winemakers is three to five years. Once the functional properties of the barrel reduces, winemakers have to dispose used barrels. However, stainless steel barrels are portable, durable, reusable, easy to clean, and maintain.

From the profitability point of view, winemaking is getting costlier day by day. Therefore, wineries are aging their wine in stainless steel barrels and tanks progressively. When the less oaky wines are needed, winemakers use oak wine barrel alternatives in the form of chips, powder, and blocks. Stainless steel is considered as sustainable alternatives to wine barrel as it is one of the world’s most widely recycled material.

Regional Analysis: 

The rise of boutique wineries in the United States is a significant trend that is reshaping the wine industry. These small-scale producers focus on crafting high-quality, artisanal wines using unique grape blends and innovative winemaking techniques. As these wineries prioritize quality, the demand for premium wine barrels has surged. Sustainable and eco-friendly practices are also becoming more prevalent, with winemakers opting for barrels made from recycled oak and alternative woods like acacia to reduce their carbon footprint. This shift towards sustainability and quality has bolstered the United States’ position in the global wine market and increased the demand for high-quality wine barrels.

Similarly, Germany’s wine industry is experiencing a rise in the demand for premium wine barrels, driven by an increase in wine consumption and a desire to maintain its reputation for producing world-class wines. German winemakers are investing in both domestic and imported barrels to enhance their wine production. This demand is further fueled by neighboring countries striving to emulate Germany’s wine quality, leading to a growth in the wine barrel market.

In the United Kingdom, the steady growth of the wine industry has led to a significant increase in the demand for oak barrels. Oak barrels are favored for their ability to enhance the flavor and aroma of wine, making them essential for high-quality wine production. The UK’s expanding vineyards and its status as a leading wine exporter have amplified the need for these barrels to store, age, and transport wine. Consequently, the wine barrel market in the UK is experiencing robust growth, driven by the pursuit of excellence in winemaking and the country’s expanding export activities.

Access Full Report: https://www.futuremarketinsights.com/reports/wine-barrel-market 

Wine Barrels Market By Category

By Oak Type :

• French Oak
• American Oak
• Eastern European Oak

By Toast Level Type :

• Light Toast
• Medium Toast
• Medium Plus Toast
• Heavy Toast

By Capacity :

• Barrique
• Hogshead
• Puncheon
• Others

By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• Middle East and Africa (MEA)
• Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global paper bag market is on a robust growth trajectory, with its valuation expected to rise from USD 5.6 billion in 2024 to USD 8.7 billion by 2034, marking a steady CAGR of 4.3% over the forecast period. The surge in demand for eco-friendly packaging solutions across various industries is a key factor propelling market growth.

Several governments are considering taxing plastic bags or prohibiting their use altogether. Such a move is expected to significantly fuel the paper bag market, leading to the increasing adoption of paper Bag as a packaging material. The latest sustainable production techniques and the development of biodegradable coatings also influence the future of the paper bag industry. These advancements are likely to play a crucial role in shaping the industry.

The demand for paper Bag has increased due to the rising popularity of online purchasing and home delivery services. Paper Bag are the perfect option, considering a growing number of consumers are shopping online and need sturdy, lightweight packing for their items.

Key Takeaways from the Paper Bag Market

• The global paper bag market is estimated to register a CAGR of 4.3% and reach a valuation of US$ 8.7 billion by 2034.
• The brown kraft paper segment commands a substantial market share of 73.2% in 2024, emerging as the predominant choice.
• The demand for paper bags in India is anticipated to expand at a CAGR of 6.3% through 2034.
• With a 5.7% CAGR through 2034, China is expected to drive the global market.
• The market in Thailand is anticipated to secure a CAGR of 5.2% during the forecast period.
• The paper bag industry in the United Kingdom is predicted to grow at a CAGR of 3.9% through 2034.

Competition Analysis

The paper bag companies focus on innovation to meet changing consumer demands and market dynamics. They heavily invest in research and development activities to create eco-friendly bags that are more durable and functional and have enhanced strength, designs, and sizes. Some companies are also expanding their production capacity through new facilities and acquisitions. Customization options like printing logos and promotional messages on bags are also offered to meet the branding requirements of different clients.

Recent Developments in the Paper Bag Market

• In November 2023, Biopax, a sustainable packaging firm in West Belfast, announced the installation of a modern paper wrap machine, boosting domestic paper wrap production by 500 million units annually.
• In October 2023, Primark continues its reusable gift packaging initiative with craft paper bags for the festive season.
• In September 2023, Marks & Spencer switched from plastic bags for life to eco-friendly paper carrier bags for the reduction of its carbon footprint and alignment with its sustainability commitment.

Access Full Report: https://www.futuremarketinsights.com/reports/paper-bags-market

Market Segmentation

By Product:

• Sewn Open Mouth
• Pinched Bottom Open Mouth
• Pasted Valve
• Pasted Open Mouth
• Flat Bottom

By Material Type:

• Brown Kraft
• White Kraft

By Thickness:

• 1 ply
• 2 ply
• 3 ply
• Greater than 3 ply

By End Use:

• Agriculture & Allied Industries
• Building & Construction
• Food & Beverage
• Retail
• Chemicals
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to a recent analysis by Future Market Insights (FMI), the mobile phone accessories packaging market is on a steady growth trajectory, with a projected valuation of USD 3.6 billion in 2024. Despite a modest 3.2% CAGR, the market is anticipated to reach USD 5.1 billion by 2034, reflecting the evolving consumer preferences and demand for sustainable, transparent, and functional packaging solutions.

Core Concepts in the Mobile Phone Accessories Packaging Industry

• Expected Worth in 2024: The market for mobile phone accessories packaging is expected to be valued at US$ 3.6 billion in 2024.
• Market Potential: It is projected to expand at a CAGR of 3.2% between 2024 and 2034.
• Dominant Packaging Type: The folding cartons segment is projected to dominate the industry.
• Anticipated Value in 2034: By 2034, the market value of mobile phone accessories packaging is expected to reach US$ 5.1 billion.
• Top Market (CAGR): India is anticipated to be a top-performing market, with a CAGR of 6.5%.

Key Market Insights:

1. Demand for Simplicity and Clarity: Consumers’ preferences are driving mobile phone accessories packaging producers towards simpler labels and clear product information. This trend reinforces continuous demand for packaging solutions that enhance product appeal and consumer understanding.
2. Adoption of Lightweight Materials: Manufacturers in the smartphone industry are increasingly opting for lightweight packaging solutions. Mono-material folding cartons and clear-view plastic boxes are gaining popularity due to their ability to combine lightweight design with attractive graphics and printing capabilities. These solutions not only meet aesthetic demands but also offer cost-efficiency and higher profitability margins.
3. Rising Interest in Bio-plastics: There is a growing demand for bio-based plastics, such as PLA (Polylactic Acid) and PHA (Polyhydroxyalkanoates), in the packaging industry. These materials are seen as sustainable alternatives to traditional petroleum-based plastics, aligning with global initiatives towards environmental sustainability. Leading companies are investing in research to leverage bio-plastics, aiming to gain a competitive edge and meet evolving consumer preferences.

Regional Insights

1. United States: Electronics manufacturing is a significant economic driver in the United States, with innovation continuing to push the consumer electronics market. The propensity for spending on new technology uplifts customer expectations, presenting a promising opportunity for mobile phone accessories packaging manufacturers in the U.S. market.
2. Germany: The German market caters primarily to a tech-savvy population and a robust mobile device industry. Consumers in Germany prioritize quality and durability, leading to packaging solutions that emphasize protection and presentation. The market reflects sleek and minimalist aesthetics, aligning with the country’s preference for sophisticated and modern packaging designs.

Future Outlook

The mobile phone accessories packaging market is poised for steady growth over the next decade, driven by the demand for lightweight and sustainable packaging solutions. As manufacturers and consumers alike prioritize eco-friendly and cost-efficient options, the market is expected to continue evolving to meet these needs.

Key Takeaways

• High demand for clear view boxes being witnessed in all major markets
• PET to remain highly sought-after material for mobile phone accessories packaging manufacturers
• Asia Pacific ex. Japan is expected to remain in the leading position with nearly 50% of the market share
• US will be the second largest market, holding over 83% market share in this region
• Germany to remain the epicentre in Western Europe, accounting for significant packaging sales and exports
• The United Kingdom, Canada, China, Japan, France, and a few other countries to remain lucrative throughout the forecast period

Key Companies Profiled              

• Sonoco Products Company
• Dordan Manufacturing Co.
• Hip Lik Packaging Products Corp India Private Limited
• Panic Plastics, Inc.
• Display Pack, Inc
• Mister Blister Ltd.
• Dongguan Zhongyin Paper Co., Ltd.
• Jiajiexing Group Company Limited
• Universal Protective Packaging Inc.
• All About Packaging Inc.
• Transparent Packaging Inc.

Access Full Report: https://www.futuremarketinsights.com/reports/mobile-phone-accessories-packaging-market

Key Segments Covered in Market

Packaging Type:

• Folding Cartons
• Clear View Boxes
• Pouches & Bags
• Clamshells
• Blister Packs
• Trays

Material:

• Plastic
  • PE
  • PET
  • PVC
  • Others (Polystyrene)
• Paper & Paperboard

Application:

• Headsets
• Chargers
• Protective Covers
• Screen Protectors
• Power Banks
• Batteries
• Portable Speakers
• Memory Cards
• Others (VR, Cables)

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific ex. Japan (APEJ)
• Middle East and Africa (MEA)
• Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube