Global Hermetic Packaging Market Size & Outlook, 2022-2030
The hermetic packaging industry worldwide is expected to reach a projected revenue of US$ 5,568.3 million by 2030. A compound annual growth rate of 6.2% is expected of the worldwide hermetic packaging industry from 2023 to 2030.
Revenue, 2022 (US$M)
$3,442.4
Forecast, 2030 (US$M)
$5,568.3
CAGR, 2023 - 2030
6.2%
Report Coverage
Worldwide
Global hermetic packaging market, 2018-2030 (US$M)
Related Markets
Global hermetic packaging market highlights
- The global hermetic packaging market generated a revenue of USD 3,442.4 million in 2022 and is expected to reach USD 5,568.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.2% by 2030.
- In terms of segment, ceramic to metal sealing accounted for a revenue of USD 1,913.6 million in 2022.
- Ceramic to Metal Sealing is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 3,442.4 million |
| Market revenue in 2030 | USD 5,568.3 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Ceramic to metal sealing |
| Fastest growing segment | Ceramic to Metal Sealing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic to Metal Sealing, Glass to Metal Sealing, Transponder Glass, Reed Glass, Passivation Glass |
Other key industry trends
- In terms of revenue, the North America accounted for 24.9% of the global hermetic packaging market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 48.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hermetic Packaging Market Scope
Hermetic packaging market segmentation & scope
Countries
Hermetic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hermetic packaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Hermetic packaging market size, 2022 (US$M)
Global hermetic packaging market share, by product, 2022 & 2030 (%, US$M)
Hermetic packaging market: Opportunity assessment by country
Global hermetic packaging market, by region, 2022 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
