DUBLIN–(BUSINESS WIRE)–The “Global Front Open Shipping Box Market, By Type; By Application-Estimation & Forecast, 2017-2030” report has been added to ResearchAndMarkets.com’s offering.
The Global Front Open Shipping Box (FOSB) Market is poised for significant expansion between 2023 and 2030. In 2022, the market achieved a valuation of US$ 219.1 million with a volume of around 7,222.6 thousand units.
Forecasts indicate that the market value will soar to US$ 429.1 million by 2030, showcasing a robust Compound Annual Growth Rate (CAGR) of 8.88%. The volume is also anticipated to expand at a CAGR of 7.89% during the forecast period.
Growth Influencers:
The surge in demand for Front Open Shipping Boxes, integral for the secure transportation and shipping of silicon wafers, is a key driver of market growth. Furthermore, the growing application of silicon wafers in the automotive sector contributes to the market’s expansion. However, challenges related to the scarcity and cost of 300mm silicon wafers might pose limitations on market growth.
Market Dynamics:
Drivers:
Restraints:
Opportunity:
Trend:
Market Segmentation:
The market is segmented by type and application.
Type:
The PBT segment held the dominant market share of over 54% in 2022.
Application:
The Application segment comprises 7 Pcs, 13 Pcs, and 25 Pcs Wafer Carrying Capacity categories. The 25 Pcs category is expected to exhibit the highest growth with a CAGR of 9.22% during the forecast period.
Regional Overview:
Geographically, the market spans North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Competitive Landscape:
The market showcases moderate concentration, with the top five players accounting for approximately 70% of the total market share. Major players include 3S KOREA, Chung King Enterprise Co., Ltd., Entegris, Miraial Co., Ltd., and Shin-Etsu Polymer Co., Ltd. Other notable players include Dainichi Shoji K.K, Pozzetta, and ePAK International, Inc.
Report Insight:
The report aims to provide:
Questions Answered in the Report:
Key Attributes:
Report Attribute | Details |
No. of Pages | 125 |
Forecast Period | 2022 – 2030 |
Estimated Market Value (USD) in 2022 | $219.1 Million |
Forecasted Market Value (USD) by 2030 | $429.1 Million |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/m1e39z
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