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Global Electronic Packaging Market to reach USD 42.7 billion by the end of 2029

Global Electronic Packaging Market Size study & Forecast, by Type (Corrugated Boxes, Paperboard Boxes, Thermoformed Trays, Bags & Pouches, Blister Packs & Clamshell, and Protective Packaging) by Material (Plastic, Metal, Glass, and Others), by Industry Vertical (Consumer Electronics, Aerospace & Defence, Automotive, Healthcare, and Others) and Regional Analysis, 2022-2029

Product Code: EESC-17608832
Publish Date: 20-03-2023
Page: 200

Global Electronic Packaging Market is valued at approximately USD 22.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.8% over the forecast period 2022-2029. Electronic packaging is defined as the design and manufacture of housings for electronic devices, from individual semiconductors to complete systems such as mainframe computers. This protects against mechanical damage, cooling, radio frequency interference and electrostatic discharge. Demand for all-weather protective packaging for fragile electronic products such as routers, network servers, and sensors continues to drive the growth of the electronic packaging market.

According to IBEF, the total production volume of passenger cars, three-wheelers, two-wheelers, and four-wheelers in June 2022 will be 2,081,148 units, drive the growth of the market studied in the future thus increasing the demand for consumer electronics, especially in emerging markets such as the Asia-Pacific region. Consumer Durables such as smartphones, laptops, tablets, desktops and televisions have become a requirement in modern life and with increasing advanced electronic technology has lowered consumer prices, thereby increasing consumer demand. Electronic integration offers great opportunities for human interfaces. More efficient and denser battery technology means that the electronic packaging market share will experience significantly higher growth in the coming years. Rising demand for consumer electronics is a major driver for the global electronic packaging market. However Various factors such as technical limitations and inadequate quality control can hinder the growth of the global market. Many low-cost electronic packaging sellers have poor quality control, which is a challenge and a restraint to the growth of the market. An increase in industrial automation is expected to bring great global market opportunities for electronic packaging during the forecast period.

The key regions considered for the Global Electronic Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market due to rising consumer interest towards Consumer electronics products. Asia-Pacific is expected to hold the largest market share during the forecast period, owing to growth in automotive infrastructure and increased sales of electric vehicles. Rising middle-class incomes and a growing youth population are expected to increase demand in the automotive industry.

Major market player included in this report are:
UFP Technologies, Inc.
E. I. du Pont de Nemours and Company
Sealed Air Corporation
Dordan Manufacturing Company
GY Packaging
Plastiform Inc.
Kiva container Corporation
Sealed air Corporation
Intel Corporation
Recent Developments in the Market:
 In June 2022; Digimarc Corporation announces a partnership with Sealed Air, a global leader in digital printing and packaging, to bring the digitalization of products to markets such as e-commerce fulfilment, industrial and consumer goods at scale through intelligent packaging.
 In March 2022; Intel announced the first phase of its effort to raise up to $80 billion in the EU over the next decade.
Global Electronic Packaging Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Material, Industry Vertical, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Corrugated Boxes
Paperboard Boxes
Thermoformed Trays
Bags & Pouches
Blister Packs & Clamshell,
Protective Packaging

By Material:
By Industry Vertical:
Consumer Electronics
Aerospace & Defence
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Electronic Packaging Market, by region, 2019-2029 (USD Billion)
1.2.2. Electronic Packaging Market, by Type, 2019-2029 (USD Billion)
1.2.3. Electronic Packaging Market, by Material, 2019-2029 (USD Billion)
1.2.4. Electronic Packaging Market, by Industry Vertical, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Electronic Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Electronic Packaging Market Dynamics
3.1. Electronic Packaging Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Growing demand for Consumer electronics Increasing adoption of Gadgets
3.1.2. Market Challenges Poor quality Control and difficult maintenance
3.1.3. Market Opportunities Increased industrial automation Rapid Technological advancement
Chapter 4. Global Electronic Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Electronic Packaging Market, by Type
6.1. Market Snapshot
6.2. Global Electronic Packaging Market by Type, Performance – Potential Analysis
6.3. Global Electronic Packaging Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Electronic Packaging Market, Sub Segment Analysis
6.4.1. Corrugated Boxes
6.4.2. Paperboard Boxes
6.4.3. Thermoformed Trays
6.4.4. Bags & Pouches
6.4.5. Blister Packs & Clamshell,
6.4.6. Protective Packaging
Chapter 7. Global Electronic Packaging Market, by Material
7.1. Market Snapshot
7.2. Global Electronic Packaging Market by Material, Performance – Potential Analysis
7.3. Global Electronic Packaging Market Estimates & Forecasts by Material 2019-2029 (USD Billion)
7.4. Electronic Packaging Market, Sub Segment Analysis
7.4.1. Plastic
7.4.2. Metal
7.4.3. Glass
7.4.4. Others
Chapter 8. Global Electronic Packaging Market, by Industry Vertical
8.1. Market Snapshot
8.2. Global Electronic Packaging Market by Industry Vertical, Performance – Potential Analysis
8.3. Global Electronic Packaging Market Estimates & Forecasts by Industry Vertical 2019-2029 (USD Billion)
8.4. Electronic Packaging Market, Sub Segment Analysis
8.4.1. Aerospace & Defence
8.4.2. Consumer Electronics
8.4.3. Automotive
8.4.4. Healthcare
8.4.5. Others
Chapter 9. Global Electronic Packaging Market, Regional Analysis
9.1. Electronic Packaging Market, Regional Market Snapshot
9.2. North America Electronic Packaging Market
9.2.1. U.S. Electronic Packaging Market Type breakdown estimates & forecasts, 2019-2029 Material breakdown estimates & forecasts, 2019-2029 Industry Vertical breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Electronic Packaging Market
9.3. Europe Electronic Packaging Market Snapshot
9.3.1. U.K. Electronic Packaging Market
9.3.2. Germany Electronic Packaging Market
9.3.3. France Electronic Packaging Market
9.3.4. Spain Electronic Packaging Market
9.3.5. Italy Electronic Packaging Market
9.3.6. Rest of Europe Electronic Packaging Market
9.4. Asia-Pacific Electronic Packaging Market Snapshot
9.4.1. China Electronic Packaging Market
9.4.2. India Electronic Packaging Market
9.4.3. Japan Electronic Packaging Market
9.4.4. Australia Electronic Packaging Market
9.4.5. South Korea Electronic Packaging Market
9.4.6. Rest of Asia Pacific Electronic Packaging Market
9.5. Latin America Electronic Packaging Market Snapshot
9.5.1. Brazil Electronic Packaging Market
9.5.2. Mexico Electronic Packaging Market
9.6. Rest of The World Electronic Packaging Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. AMETEK Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. UFP Technologies, Inc.
10.2.3. E. I. du Pont de Nemours and Company
10.2.4. Sealed Air Corporation
10.2.5. Dordan Manufacturing Company
10.2.6. GY Packaging
10.2.7. Plastiform Inc.
10.2.8. Kiva container Corporation
10.2.9. Sealed air Corporation
10.2.10. Intel Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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