Electronic Packaging Market Size, Share, Growth Analysis, By Type Sub-SegmentsCorrugated Boxes, Paperboard Boxes, Thermoformed Trays, Bags and Pouches, Blister packs and Clamshell, and Protective Packaging(Plastic, Metal, Glass, and Others), By Material(Semiconductor & IC, PCB, and Others), By Application(Consumer Electronics, Aerospace & Defense, Automotive, Telecommunication), By End-User(Electronic Article Surveillance (EAS), and Radio-frequency Identification), By Region - Industry Forecast 2024-2031

Electronic Packaging Market size was valued at USD 1.46 billion in 2022 and is poised to grow from USD 1.72 billion in 2023 to USD 9.04 billion by 2031, growing at a CAGR of 18.03% in the forecast period (2024-2031).

The competitive environment of the Electronic Packaging Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. The market competitive landscape provides detailed information from competitors. Detailed information includes company overview, company financials, earnings, market potential, investment in research and development, new market strategy, presence, manufacturing regions and locations of production, manufacturing capacity, company strengths and weaknesses, product launches, product expansion and expansion, application authority. 'STATS ChipPAC Pte. Ltd. (Singapore)', 'Samsung Electronics Co., Ltd. (South Korea)', 'UTAC Holdings Ltd. (Singapore)', 'ChipMOS Technologies Inc. (Taiwan)', 'Intel Corporation (United States)', 'Advanced Semiconductor Engineering, Inc. (Taiwan)', 'Siliconware Precision Industries Co., Ltd. (Taiwan)', 'Jiangsu Changjiang Electronics Technology (China)', 'Powertech Technology Inc. (Taiwan)', 'Amkor Technology, Inc. (United States)', 'STATS ChipPAC Pte. Ltd. (Singapore)', 'Samsung Electronics Co., Ltd. (South Korea)', 'Tongfu Microelectronics Co., Ltd. (China)', 'Unisem Group (Malaysia)', 'Nepes Corporation (South Korea)'

Rising Advances in Miniaturization

According to the National Investment Promotion and Facilitation Agency (NIPFA), the demand for electronics in India has surged. The electronics sector is expected to reach USS 220 billion by 2025 due to strong regulatory support, capital flows from mass participation and increasing demand for electronic products. Significant growth in domestic demand, technological development and high-quality products have been the major drivers for China’s industrial growth Such a large production of paper and paper in China creates a favorable environment for the sale of electronic products packaging of materials.

North America is the dominating region in the electronic packaging market, with a CAGR of more than 10% during the forecast period. The regional growth is driven by increasing demand for semiconductor equipment in the automotive, industrial and healthcare industries. North America, particularly California’s Silicon Valley, is a hub for technological innovation and research. Many major semiconductor companies, electronics manufacturers and research institutes are headquartered or have a large presence in the region. This drives advances in electronic packaging technology, enabling improvements such as miniaturization, higher component density and improved thermal management.