Surging demand for packaging materials in military and defense owing to highly advanced chip feature is the prime driving factor.
DUBAI, UAE / ACCESSWIRE / October 13, 2020 / Future Market Insights, Dubai: The hermetic packaging market is expected to rise at a considerable CAGR due to rising needs of consumer electronics. Due to the increment in need for convenient packaging solutions in electronics or military and defense sector, demand is gaining popularity in the market. Asia-Pacific market is likely to witness a surge in production and consumption with presentation of incremental opportunities through 2028.
“Availability of wide range of advanced chip and technologies and higher preference for sustainable packaging solutions across the world, has surged the demand for hermetic packaging. Different end-use industry relies on it to gather proper information about the products and use of it has also helped the manufacturers get an insight about the kind of