Global electronic goods packaging market 2017-2021
According to a new report by Technavio, the global electronic goods packaging market is expected to grow at a CAGR of over 5% during the calculated period 2017 to 2021. The top three revenue contributing material sectors are corrugated boxes, foamed plastic and paperboard protectors.
The extensive use of corrugated boxes packaging of non-durable goods will fuel the growth of this market segment. The growing use of foamed plastic used for protective packaging of electronic goods will drive the growth in this market segment. The growing demand for consumer electronics cross-border regions will augment the growth of the paperboard protector segment (Press Release Technavio, 21 March 2017).
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