A recent report published by
Infinium Global Research on the ceramic packaging market provides an in-depth analysis
of segments and sub-segments in the global as well as regional ceramic
packaging market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional ceramic packaging market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of the global ceramic packaging market.
According to the report, the global ceramic packaging market is projected to
grow at a CAGR of 5.9% over the forecast period of 2019-2025.
Ceramics comprise of natural
materials such as quartz, clay, and kaolin. Ceramics has properties such as
weight resistance and high warmth. Developments in packaging procedures by the
key players in this field promote the growth of the ceramic packaging market.
Companies operating in the global ceramic packaging market are adopting
strategies such as mergers, acquisitions, and new product launches that expand
their market share.
The rising construction industry
drives the growth of the ceramic packaging market. The surge in the use of
ceramics for decoration purposes in the household stimulates the growth of the
ceramic packaging market. The application of ceramics in dental procedures and
the development of the ceramic textile sector promotes the growth of the
ceramic packaging market. The growing adoption of eco-friendly material for
packaging contributes to the growth of the ceramic packaging market. In
addition, increasing medical and healthcare devices industry, consumer
electronics industry, and the rising use of electronics in automobiles boosts
the growth of the ceramic packaging market. On the other side, the threat from
substitutes hampers the growth of the ceramic packaging market. Moreover,
innovative packaging solutions create several opportunities for the growth of
the ceramic packaging market.
Based on geography, the global
ceramic packaging market is classified into North America, Asia-Pacific,
Europe, and the Rest of the World. Asia-Pacific region is anticipated to hold a
premium share in the global ceramic packaging market. Enhanced standard of
living of people in countries like India and China drives the growth of the
ceramic packaging market in the Asia-Pacific region. North America is expected
to grow with a healthy CAGR over the forecast period. The increasing use of
ceramic packaging for the medical industry in North America contributes to the
growth of the ceramic packaging market in North America. Europe is showing
growth in the global ceramic packaging market.
The report on the global ceramic
packaging market covers segments such as packaging material, and end-user. On
the basis of packaging material, the sub-markets include glass ceramic
packaging, and non-glass ceramic packaging. On the basis of end-user, the
sub-markets include sanitation, electronics, housing and construction, and
medical.
The report provides profiles of
the companies in the market such as AMETEK, Inc., Wade Ceramics Ltd., Materion
Corporation, Remtec Inc., System Ceramics S.p.A., Aptasic SA, Kyocera Corp.,
NGK Insulators, Ltd., Santier Inc., Aerospace Semiconductor Inc., and other
companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the ceramic packaging market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.