Top 3 drivers in the global mobile phone packaging market

In a new report Technavio’s market research analysts predict the global mobile phone packaging market to grow at a CAGR of more than 7% during the period 2017-2021. The analysts highlight three market drivers that are contributing to the growth of the market. 1) Increasing number of mobile phone shipments. This has led to an increased demand for efficient logistics to keep products safe and secure. 2) Growing e-commerce industry for mobile phones. This is generating the demand for secondary packaging solutions, such as rigid boxes and cartons as the products are individually shipped to the consumers. 3) Rising number of smartphone manufacturers (Press Release Technavio, 4 November 2017).
Click here for the press release.
Click here for more information about the report.

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