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Furthermore, the booming e-commerce sector, along with investments towards various packaging technologies such as counterfeit packaging and the advancement of packaging functions is also likely to contribute towards market growth over the assessment period.
Segmental Analysis
The global electronic goods packaging market trends is segmented on the basis of material, product size, and technology.
The types of materials used in the global Electronic Goods Packaging Market Trends are bubble packaging, corrugated boxes, foamed plastic, paperboard, and others. Bubble packaging segment may grow up to a substantial market share over the review period, followed by a foamed plastic segment. The product size segment comprises of small appliances and large appliances. The technologies deployed in the market are authentication packaging and track and trace packaging.
Regional Analysis
The global market for electronic goods packaging is segmented, on the basis of region, into the Asia Pacific (APAC), Europe, North America, and lastly, the rest of the world.
Moreover, the growing consumption and demand for electronics due to the rising adoption of gadgets is creating promising conditions for the growth of the Asia Pacific Electronic Goods Packaging Market Trends over the review period.
North America is estimated to reach the second-largest Electronic Goods Packaging Market Trends over the assessment period, owing to the established electronics market in the developed economies such as the US and Canada. The presence of major market players, along with constant funding is expected to contribute to the growth of the market in the North American region over the review period.
North America is followed by Europe, where countries such as Germany, France, and the UK are assessed as the major contributors towards market growth. The high demand and sale of electronic products contribute consequently to the need for electronic goods packaging.
Competitive Analysis
The key market players of the Electronic Goods Packaging Market Trends identified by MRFR are International Paper Company (U.S.), Mondi plc. (Austria), DS Smith Plc. (U.K.), Sealed
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