Global Advanced Packaging Market, 2022 - Research and Markets
29 September 2017
The "Global Advanced Packaging Market - By Type, Product, Application, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The global market for advanced packaging was USD 26.67 billion and is estimated to grow at a CAGR of 7.15% during the forecast period to reach USD 40.37 billion by 2020
The market is continuously growing with the aim to improve functionalities of packaging solutions, reducing manufacturing costs and environment friendly.
The Intelligent Technology Packaging solutions are anticipated to hold highest share in the upcoming years because of improved technological advancements with Printed Electronics and RFID tags etc. Modified Atmosphere Packaging held the largest market share previously. Innovations in packaging ensure the consumer engagement and market growth.
The market in APAC region is said to witness the rapid growth in advanced packaging mainly in Japan and Australia with its application in fresh meat, fish, poultry, beer packaging, processed food etc during the forecast period. India, China and New Zealand are the key emerging markets in the industry while North America has the biggest share in the Market.
The expensive raw materials are the major constraints for market growth. This leads to higher procurement costs for the market vendors. Also, the cost of R&D involved in packaging solutions is quite high. Testing of solutions is elaborate, time-consuming and expensive.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Advanced Packaging Market Segmentation, Forecasts And Trends - By Revenue
6. By Type
7. By Product
8. By Application
9. By Region
10. Vendor Market Share Analysis
11. Company Profiles
• Sealed Air
• Stats Chippac
• Maxwell Chase
For more information about this report visit https://www.researchandmarkets.com/research/t9t9tb/global_advanced
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