Global Disc Packaging Wallets Market: Overview

Disc packaging wallets are compact disc protection solutions. Compact discs being extremely delicate, require protection from water, chemicals, tear, and other varieties of physical damage. Disc packaging wallets are packaging solutions that can contain more than one compact discs. Disc packaging wallets enjoyed wide usage about until a decade ago, after which, a decline was witnessed. This was due to the rise of alternative storage devices such as external hard drives, which could store more than what is achievable with the help of a compact disc. Despite that, a significant amount of today’s population use compact discs. The packaging industry has undergone rapid transformation in the last decade, with consumer preference inclining more towards convenient packaging solutions. Disc packaging wallets manufacturers emphasize on features such as compatibility with full color printing, to create a vibrant look.

Also, competition among manufacturers have led them to prefer raw materials with special features, such as anti-static properties. Factors which contribute to high preference for disc packaging wallets is their ability to pack more than one compact discs, without compromising on safety and protection against damage.  The global disc packaging wallets market is poised to decline further over the forecast period, due to increase in the number of people with access to internet. However, manufacturers of disc packaging wallets across the world are expected to use the opportunity to increase their presence in regions with limited or no internet access.

Global Disc Packaging Wallets Market: Dynamics

The global compact disc market has witnessed a steady decline in the last decade. However, it would be too early to term compact discs ‘obsolete’. Several companies use compact discs as a means to communicate media to target buyers, by placing them in places with high foot traffic, such as pharmacies, retail stores and supermarkets, among others. This is one of the key factors expected to generate demand for disc packaging wallets, over the forecast period. The global disc packaging wallets market is expected to have more penetration in regions with least internet access. According to a survey by International Telecommunications Union in 2016, nearly 47% of the world population had internet access. Of these, internet enjoyed more than 80% penetration in the developed countries, while the figure was half, in developing regions.

Therefore, the developing countries are expected to be at the epicenter of marketing strategies for compact disc manufacturers and disc packaging wallets manufacturers. The global disc packaging wallets market is also expected to be driven by demand for music albums worldwide. They are mostly used to contain a full music album, or a collection of compact discs. A key factor for high preference for disc packaging wallets is their portability. Disc packaging wallets are manufactured in a variety of configurations, all of which are aimed at increasing convenience as well as maximize disc protection. In 2015, more than 80% of the revenues generated from music sales in Japan, were in compact disc format. Therefore, in terms of penetration, disc packaging wallets enjoy higher demand in Japan. Despite the decline, the global disc packaging wallets market manufacturers are expected to target the internet deprived population, over the forecast period. Availability of alternative disc packaging solutions such as disc packaging sleeves, might hamper growth of the global disc packaging wallets market.

Global Disc Packaging Wallets Market: Segmentation

The global disc packaging wallets segment has been segmented as follows –

On the basis of product type, the global disc packaging wallets market has been segmented into –

  • 4 panel wallet
  • 6 panel wallet
  • 8 panel wallet
  • > 8 panels

On the basis of opening style, the global disc packaging wallets market has been segmented into –

  • Horizontal slot
  • Oblong (Thumb cut)
  • Long curve (Crescent cut)

On the basis on material type, the global disc packaging wallets market has been segmented into –

  • PVC
  • PP
  • Recycled board
  • Others

Global Disc Packaging Wallets Market: Geographical Outlook

The global disc packaging wallets market has been divided into seven region as follows –

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

The Asia Pacific region is expected to lead the global disc packaging wallets market in terms of market share. However, with increasing number of people with internet access, the market will decline. It is anticipated that such a scenario might by possible by the late 2020s. Currently, emerging economies such as China and India are witnessing an increased rate of internet accessibility. For instance, in India, the number of internet users went up by around 6-8% last year, which is a key restraint for India’s disc packaging wallets market. In regions such as Japan, a significant portion of the population still prefers compact disks, which is expected to create growth opportunities for the Japanese disc packaging wallets market. In developed regions such as the North America and Europe, availability of modern storage devices such as external drives, is expected to suppress growth of the disc packaging wallets market. Also, there are alternative solutions available for obtaining music, such as online libraries, and online streaming, which go a long way in contributing to the decline of the disc packaging wallets markets in these regions.

Global Disc Packaging Wallets Market: Key Players

Some of the key players operating in the global disc packaging wallets market are - Oasis Disc Manufacturing, Disc Makers, and Wewow UK, among others.

This upcoming business intelligence report is intended to be a one-stop market research solution to guide organizations in taking timely and effective decisions for their business growth. The ongoing study is the culmination of our deep expertise on data science methods, combined with an unparalleled understanding of the external environment and analysis of the industries. Each of the reports by TMR aims at offering a detailed scrutiny of the value chain of our current and prospective customers, takes them from identifying value propositions, and subsequently assist their business executives to implement right strategies to create customer value. We believe that creating and sustaining the customer value is the key pivot on which business executives can create profits for their organizations and increase the market shares, continuously and with sustainability.

Each of our touchpoints through which we engage with the organization/enterprise during the primary research enables us to understand the internal environment it operates in and the ways in which the external environment influences its growth.

Always Evolving with Competition

Excellence is built into the DNA of TMR, and all our teams work collaboratively and committedly toward achieving that in whatever they do. From the very first interaction our teams of research analysts have with any interested market participant to the final preparation processes in each of our reports reflects a rigorous understanding of the dynamic industry environment that businesses operate in.

We relentlessly work to be a differentiator in whatever we do in the current era of hypercompetitive global environment. The result of our unceasing focus on excellence is reflected clearly in the insights and guidance we offer to our customers in order to empower them to create brand equity. Our simple yet very powerful underpinning for navigating the competition is to always keep evolving with changing business environments. Our close-kinit team of research analysts not only believe in this simple philosophy but also implement the same.

Constantly Innovating Our Research Methodologies and Models

We do not limit with any specific market research tool or one standard approach for obtaining or analyzing data. Undoubtedly, our report making process is ever-evolving to meet the customer needs and demands supported broadly by a vast knowledge of data science methods that we combine with business acumen our teams have built upon for several years. Evidently, our primary and secondary research data about customers and consumers have shown that we can go to any lengths to obtain them. This is followed by applying next-gen automation tools integrated with human judgement to clear the clutter, ascertain the most relevant and recent qualitative and quantitative insights, and package them in digestible chunks in our reports for our customers.

We Take Pride in No-One-Size-Fits-All Approach

Over the past several years, we have been conducting market intelligence studies across all industries for all types of organizations — big and small, profit and not-for-profit, and Fortune 500 and Unicorns, as we believe that a sound decision making must be based on no-one-size-fits-all approach. Without doubt, each of the organizations regardless of the industry they are in are affected differently by changes in political, economic, socio-culture, legal, ecological, and legal environments. The research models and the value chain analysis process that our analysts employ for conducting the study uphold this approach.

We look at myriad components of internal and external business environment affecting the growth strategies of organizations. Some of the broader aspects that we focus on are:

  • Our team of Analysts and Support Teams always strive to see the bigger picture in life cycle stages of any industry
  • The Teams focus on obtaining valuable insights into different models of competitive advantage while making an internal environment analysis
  • They keep on modifying the value chain analysis processes of organizations to understand on how customer value is created

Some areas of assessing market dynamics that are used in the research models and methodologies adopted by our analysts can be summarized as:

  • Corporate and business strategies underlying new brand positioning strategies
  • Mapping for strategic planning for business units
  • Various metrics for business portfolio analysis, including BCG matrix
  • Value chain analysis

These will help create and sustain competitive advantage for our prospects and current customers.

Key focus areas and agenda that underpin and catalyze our primary and secondary research initiatives and endeavors are:

  • What are some of the core competencies and distinctive competencies of new entrants and established players in the industry we are analyzing?
  • What are some of the branding opportunities that are emerging at a rapid pace?
  • What are the major competitive forces and elements of external environment shaping the industry life cycle stages of most organizations?
  • Why some competitive strategies are popular than others among leaders in a certain market?
  • What customer-based brand equity strategies companies have leveraged in a certain industry or set of related industries in a sector?
  • What are some of the key pricing strategies that companies in an industry are implementing for marketing their products internationally?
  • Identifying whether market-push or market-pull strategies are more relevant to a certain product or a service?

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Disc Packaging Wallets Market