Plastics in Consumer Electronics Market to Surpass USD XX Billion by 2030 as Innovation in Smart Devices Accelerates

The global plastics in consumer electronics market is projected to reach USD 6.4 billion in 2024 and is expected to grow at a CAGR of 2.5% from 2025 to 2030. This growth is underpinned by rising consumer demand for innovative, lightweight, and high-performance electronic devices. As smart technologies become increasingly integrated into everyday life—particularly in wearables and IoT applications—manufacturers are leveraging advanced plastics to enhance functionality, reduce weight, and deliver sleek aesthetics.

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Growing consumer preferences for sustainable and recyclable materials, combined with the demand for customized and stylish devices, are reshaping product design strategies across the electronics industry. This shift is prompting manufacturers to incorporate novel plastic compounds that meet environmental standards without compromising performance, thereby aligning with both regulatory frameworks and end-user expectations.

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Product Insights

Polycarbonate (PC) is anticipated to maintain its leadership in the market, accounting for 33.1% of total revenue in 2024. Its combination of impact resistance, optical clarity, thermal stability, and lightweight characteristics makes it ideal for applications such as smartphone housings, LED components, and electronic casings. With improved recycling technologies now available, PC continues to serve as a sustainable and high-performance material.

Polyamides are poised to experience significant growth due to their mechanical strength, high-temperature resistance, and adaptability. These properties make them suitable for use in compact, high-functionality electronics such as connectors, insulation systems, and enclosures. The increasing adoption of bio-based polyamides is further reinforcing their role in environmentally responsible product development.

End-use Insights

In 2024, laptop and monitor enclosures emerged as the leading application segment, contributing 22% of overall market revenue. The rise of remote work and online learning has driven demand for portable, durable, and visually appealing computing devices. Manufacturers are increasingly prioritizing the integration of advanced plastics to balance aesthetics, performance, and protection.

Wearables represent a rapidly expanding segment, fueled by heightened interest in health monitoring and fitness technology. The need for lightweight, ergonomic, and durable designs makes plastics a critical material for wearable devices. The shift toward sustainable materials further supports growth in this space, as consumers seek eco-conscious product alternatives.