Bare Die Shipping & Handling And Processing & Storage Market To Reach $1.60 Billion By 2030

Bare Die Shipping & Handling and Processing & Storage Market Growth & Trends

The global bare die shipping & handling and processing & storage market size is estimated to reach USD 1.60 billion by 2030, registering to grow at a CAGR of 6.0% from 2024 to 2030 according to a new report by Grand View Research, Inc. High demand for bare die in application industries including computers and consumer electronics is expected to drive market growth.

The increasing complexity of automotive electronics including GPS systems and sensors is expected to be a key aspect for integrated circuits (ICs) industry growth. Rising utilization of ICs across various end-use industries is expected to have a positive impact on the demand for bare dies, which in turn is used extensively for shipping & handling.

The use of shipping tubes, trays, and carrier tapes has increased significantly owing to the use of raw materials such as PTFE and HDPE by product manufacturers. These materials are highly resistant to chemicals, heat, and moisture, which has led the bare die manufacturers to rely on the carrier products, resulting in market growth for shipping tubes, trays, and carrier tapes.

The major players in the industry including Entegris and Micross invest in R&D projects to enhance the performance of the current products and develop new improved carrier products to gain a competitive edge over the other players in the industry. Small scale manufacturers cater to the local market and focus on customer retention to ensure constant demand. 

 Request a free sample copy or view report summary: Bare Die Shipping & Handling and Processing & Storage Market Report

Bare Die Shipping & Handling and Processing & Storage Market Report Highlights

• Based on products, the shipping tubes accounted for the largest revenue share of 38.2% in 2023. The growth of this segment is attributed to its effectiveness in ensuring the safe and reliable transportation of bare dies.

• The trays segment is anticipated to witness the fastest CAGR during the forecast period. One of the key growth driver for this segment enhanced safety and security coupled with cost-effectiveness.

• Based on applications, the consumer electronics segment dominated the global market for bare die shipping & handling and processing & storage in 2023.

• North America held a significant revenue share of the global bare die shipping & handling and processing & storage market in 2023.

Bare Die Shipping & Handling and Processing & Storage Market Segmentation

Grand View Research has segmented the global bare die shipping & handling and processing & storage market based on product, application, and region:

Bare Die Shipping & Handling and Processing & Storage Product Outlook (Revenue, USD Million, 2018 - 2030)

• Shipping Tubes

• Trays

  • Waffle packs

  • Metal trays

  • Gel packs

• Carrier Tapes

• Others

Bare Die Shipping & Handling and Processing & Storage Application Outlook (Revenue, USD Million, 2018 - 2030)

• Communications

• Computers

• Consumer Electronics

• Automotive

• Industrial & Medical

• Defense

Bare Die Shipping & Handling and Processing & Storage Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in Bare Die Shipping & Handling and Processing & Storage Market

• Entegris

• 3M

• ITW-ECPS

• Dalau Ltd

• Thomas H. Lee Partners, L.P. (Brooks Automation, Inc.)

• TT ENGINEERING & MANUFACTURING SDN BHD

• Daitron Incorporated

• Achilles USA Inc.

• Kostat, Inc.