Electronic Packaging Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to electronic packaging market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Electronic Packaging Market News

  • In September 2023, International Paper celebrated the grand opening of its state-of-the-art corrugated packaging facility in Attglen, PA. The new $100 million company stands as a testament to the company’s commitment to excellence. Its primary focus is on manufacturing premium packaging products designed to serve a variety of industries, including manufacturing, processed foods, beverages, shipping, products distribution, and the rapid expansion of e-commerce.
  • June 2022 - Digimark Corporation announces a partnership with SealedAir, a global leader in digital printing and packaging, to bring digital products to market such as e-commerce fulfillment, technology and products through smart packaging.
  • March 2022 - Intel unveils the first phase of its efforts to invest up to 80 billion euros (US$84 billion in the EU over the next decade) in the semiconductor value chain, from research and development from manufacturing to advanced packaging technology.

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Global Electronic Packaging Market size was valued at USD 34.82 billion in 2023 and is poised to grow from USD 36.28 billion in 2024 to USD 50.42 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).

The competitive environment of the Global 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 global 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, global presence, manufacturing regions and locations of production, manufacturing capacity, company strengths and weaknesses, product launches, product expansion and expansion, application authority. 'Amkor Technology, Inc. (United States) ', 'ASE Technology Holding Co., Ltd. (Taiwan) ', 'Jabil Inc. (United States) ', 'BE Semiconductor Industries N.V. (Besi) (Netherlands) ', 'Kulicke & Soffa Industries, Inc. (Singapore) ', 'Tokyo Electron Limited (Japan) ', 'Toppan Inc. (Japan) ', 'Shinko Electric Industries Co., Ltd. (Japan) ', 'Unimicron Technology Corporation (Taiwan) ', 'Samsung Electro-Mechanics Co., Ltd. (South Korea) ', 'LG Innotek Co., Ltd. (South Korea) ', 'ASE Group (Taiwan) ', 'SPIL (Siliconware Precision Industries Co., Ltd.) (Taiwan) ', 'Powertech Technology Inc. (Taiwan) ', 'JCET Group Co., Ltd. (China) ', 'Tongfu Microelectronics Co., Ltd. (China) ', 'Hana Micron Inc. (South Korea) ', 'ASE Technology Holding Co., Ltd. (Taiwan) ', 'Nepes Corporation (South Korea)'

Enhanced semiconductor packaging techniques are driven by the desire for smaller and smaller electronics, including smartphones and wearable IoT devices. Miniaturization reduces both the size and weight of electronic devices for better performance, and increases performance improve. Advanced packaging technology allows multiple functions and features to be integrated in a small step.

Rising Demand for Electronics: 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 global 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 global 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.

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Global Electronic Packaging Market
Electronic Packaging Market

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