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Stock impact report

Consumer Electronics Packaging Market Size Projected to Surge $51.87 Billion Growth by 2033, Exhibit a CAGR of 10% [Yahoo! Finance]

Sonoco Products Company (SON) 
Last sonoco products company earnings: 4/16 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.sonoco.com/investor-relations-0
Company Research Source: Yahoo! Finance
The market will experience rapid growth due to technological advancements in consumer electronics packaging during the forecast period. Newark, May 06, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 20 billion in 2023 global consumer electronics packaging marke t will reach USD 51.87 billion in 2033. For electrical gadgets like computers, TVs, and smartphones, consumer electronics packaging acts as a barrier between manufacturers and consumers, protecting and promoting their products. It increases the devices' commercial attractiveness while protecting them throughout storage, display, and transit. Protection is the main purpose of packaging for consumer electronics. Protecting the gadgets from harm guarantees that clients will receive them in perfect, original condition. Made from solid materials, including cardboard, foam, and polymers, this packaging offers a robust defence against impact and hard handling. Another important feature is customization; the pack Show less Read more
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