Western Europe Industrial Electronics Packaging Market Growth – Trends & Forecast 2024-2034

Analytical Study of Industrial Electronics Packaging in Western Europe from (2024 to 2034)

The consumption of industrial electronics packaging in Western Europe is estimated to expand at a steady CAGR of 3.9% through 2034. The sales of industrial electronics packaging in Western Europe are expected to reach a valuation of USD 851.4 million by 2034, up from USD 580.0 million in 2024.

Trends in industrial electronics packaging mirror the packaging trends in the overall electronics industry. Researchers are currently innovating robust packaging solutions to enhance the performance scope of industrial electronics packaging.

The industry is also shifting toward sustainable packaging options by incorporating biodegradable materials in their systems. New developments like smart and eco-friendly packaging are gaining popularity as the long-term effects of e-waste come into the limelight.

Attributes	Details
Industry Size of Industrial Electronics Packaging in Western Europe in 2024	USD 580.0 million
Expected Industry Size of Industrial Electronics Packaging in Western Europe by 2034	USD 851.4 million
Forecast CAGR between 2024 to 2034	3.9%

Top Trends Impacting the Sales of Industrial Electronics Packaging in Western Europe

• A rising number of researchers are striving to enhance the reliability, performance, power density, and durability of power electronics packaging technologies. The researchers aim to categorize the durability of emerging power electronics packaging technologies to boost the reliability and durability of the latest technologies. Additionally, researchers are leveraging rapid testing and characterization to identify dependable power electronics packaging that fully utilizes the capabilities of WBG devices.
• Emerging trends for the adoption of chip-scale packaging (CSP), advanced thermal management materials, and 3D printing (also known as additive manufacturing) are impacting the sales of industrial electronics packaging.
• Robust digitalization is propelling the demand for IoT, which is predicted to boost the demand for effective packaging to enhance the performance of industrial electronics products. Growth in the industrial electronic products industry is anticipated to augment the demand for electronic packaging for gadgets like tablets, laptops, mobile phones, smart computing, and smartphones.

Category-wise Insights

Rigid Industrial Electronics Packaging Beats the Flexible Category

Leading Packaging Type	Rigid
Segment Share % (2024)	96.50%

The rigid electronics packaging is predicted to acquire a maximum stake of 96.50% in 2024. Following factors are augmenting the sales of rigid industrial electronics packaging in Western Europe:

• Surging trend toward digitization and automation in industrial settings is augmenting the sales of rigid industrial packaging. These solutions accommodate components that are smaller and more complex, while ensuring structural integrity.
• Increasing advancements in material science and manufacturing techniques are resulting in reduced costs of rigid industrial packaging. This, in turn, enhances their attractiveness among manufacturers in different industries.

Wide Consumption of Plastics in Multiple Industrial Electronics Packaging Designs

Leading Material Type	Plastic
Segment Share % (2024)	58.80%

The plastic segment is predicted to obtain a share of 58.80% in 2024. Plastics have enjoyed a prominent presence in the industrial electronics packaging industry in the historical period, and it is predicted that the momentum is going to be sustained over the forecast period as well.

Growing sustainability concerns are anticipated to influence the demand for industrial electronics packaging in Western Europe, and the plastic segment is expected to lose some of its share to eco-friendly alternatives in the next decade. Demand for the paper and board segment is expected to observe healthy growth as plastic is witnessing reduced adoption due to its adverse impact on the environment.

Country-wise Insights

Germany to Lead in Innovation

Country	Germany
Forecast CAGR % (2024 to 2034)	4.0%

The sales of industrial electronics packaging in Germany are predicted to expand at a CAGR of 4.0% through 2034. Leading factors augmenting the sales of industrial electronics packaging in Germany are as follows:

• Germany is at the forefront of innovation. The country is leading the sustainable packaging category. New developments, like smart and eco-friendly packaging, are being developed that assist electronics makers in integrating sustainable design into their products.
• The increasing production of electronics is predicted to boost the sales of industrial electronics packaging in the country.

Italy to Observe Significant Demand for Advanced Packaging Designs

Country	Italy
Forecast CAGR % (2024 to 2034)	3.2%

The adoption of industrial electronics packaging in Italy is projected to inflate at a CAGR of 3.2% through 2034. Mentioned below are the leading factors pushing the adoption of industrial electronics packaging:

• Ongoing research activities to materialize progressive packaging designs for electronics are predicted to elevate the scope of industrial electronics packaging in Italy.
• Demand for sustainable and cost-efficient packaging concepts that provide ecological and financial benefits is surging.
• An increasing number of industrial electronics manufacturers are adopting new packaging designs, opening up new avenues for growth.

The Netherlands to Observe a Relatively Slower Adoption of Industrial Electronics Packaging

Country	Netherlands
Forecast CAGR % (2024 to 2034)	1.9%

The Netherlands is predicted to display a growth trajectory of 1.9% CAGR for the adoption of industrial electronics packaging through 2034. Given below are the leading factors augmenting the sales of industrial electronics packaging in the country:

• An increasing number of electronics makers are adapting packaging designs with the functions of electronic packaging, thus enhancing the scope of industrial electronics packaging.
• There is a growing demand for different packaging formats, from flexible to rigid packaging, to meet industry requirements for various applications.
• Device miniaturization is predicted to uplift the sales of industrial electronics packaging over the forecast period.

Demand Scope of Industrial Electronics Packaging in France

Country	France
Forecast CAGR % (2024 to 2034)	3.7%

The France industrial electronics packaging industry is anticipated to expand at a CAGR of 3.7% through 2034. Following factors augmenting investments in industrial electronics packaging business include:

• Increasing demand for advanced packaging solutions for industrial electronics is predicted to expand the sales scope of industrial electronics packaging in France.
• Surging adoption of personalized, performance-driven, and cost-efficient electronics packaging solutions is raising the business prospects for industrial electronics packaging manufacturers.

Growing Demand for Next-gen Electronic Products to Boost Sales of Industrial Electronics Packaging in the United Kingdom

Country	United Kingdom
Forecast CAGR % (2024 to 2034)	2.9%

The uptake of industrial electronics packaging in the United Kingdom is predicted to increase at a CAGR of 2.9% through 2034. Over the forecast period, the sales are forecast to rise on the back of following factors:

• Increasing consumption of consumer electronics in the United Kingdom is enhancing the landscape of electronics manufacturing.
• The surging proliferation of technology is predicted to boost the demand for custom electronic packaging solutions.
• Rising demand for next-gen electronic products in industries is also predicted to increase sales of industrial electronics packaging solutions.

Blueprint for Further Business Expansion of Industrial Electronics Packaging in Western Europe

Key leaders in industrial electronics product packaging in Western Europe are concentrating their resources on mergers and acquisitions to coordinate research and development of distinctive products. Another key strategy followed by key players to generate higher revenues is the development of advanced electronic packaging solutions. The following developments are ramping up the sales of industrial electronics packaging in Western Europe:

• In September 2023, Prinzhorn Group reported significant investments in Western Europe as part of its long-term strategy of growing value. Hamburger Containerboard is extending its existing power plant in Germany, giving rise to the development of a second combustion line, which generates electrical energy and steam more efficiently.
• In July 2023, Siemens announced that it is going to invest around €1 billion in Germany. With this announcement, the company also revealed that it is going to develop a blueprint for the industrial metaverse in Nuremberg.

Key Players Providing Industrial Electronics Packaging in Western Europe

• SCHOTT AG
• TE Connectivity Ltd.
• DS Smith Plc.
• Smurfit Kappa Group Plc.
• Sealed Air Corporation
• Others

Scope of the Western Europe Electronics Packaging Industry Report

Attribute	Details
Estimated Industry Size in 2024	USD 580.0 million
Projected Industry Size by 2034	USD 851.4 million
Anticipated CAGR between 2024 to 2034	3.9% CAGR
Historical Analysis of Demand for Industrial Electronics Packaging in Western Europe	2019 to 2023
Demand Forecast for Industrial Electronics Packaging in Western Europe	2024 to 2034
Report Coverage for Industrial Electronics Packaging in Western Europe	Industry Size, Industry Trends, Analysis of Key Factors Influencing the Adoption of Industrial Electronics Packaging in Western Europe, Insights on Western Europe Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers
Key Countries Analyzed for Industrial Electronics Packaging in Western Europe	Germany, Italy, France, United Kingdom, Spain, The Netherlands, BENELUX, Rest of Western Europe
Key Companies Profiled for Industrial Electronics Packaging in Western Europe	SCHOTT AG; TE Connectivity Ltd.; DS Smith Plc.; Smurfit Kappa Group Plc.; Sealed Air Corporation; Others

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
• 5. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Material Type
  • 5.1. Plastic
    • 5.1.1. Polyethylene terephthalate (PET)
    • 5.1.2. Polyethylene (PE)
    • 5.1.3. Polypropylene (PP)
    • 5.1.4. Polystyrene (PS)
    • 5.1.5. Polyvinyl chloride (PVC)
  • 5.2. Paper & Paperboard
• 6. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Packaging Type
  • 6.1. Flexible
    • 6.1.1. Bags & Pouches
    • 6.1.2. Films & others
    • 6.1.3. Tapes & Labels
  • 6.2. Rigid
    • 6.2.1. Bin & Totes
    • 6.2.2. Clamshells
    • 6.2.3. Container & Shippers
    • 6.2.4. Corrugated Box
    • 6.2.5. Others
    • 6.2.6. Protective Packaging
    • 6.2.7. Trays
• 7. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type
  • 7.1. Industrial Automation Equipment & Others
  • 7.2. Industrial Controls
  • 7.3. Power Electronics
  • 7.4. Process Control Equipment
  • 7.5. Testing & Measuring Equipment
• 8. Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 8.1. UK
  • 8.2. Germany
  • 8.3. Italy
  • 8.4. France
  • 8.5. Spain
  • 8.6. Rest of Western Europe
• 9. UK Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
• 10. Germany Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
• 11. Italy Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
• 12. France Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
• 13. Spain Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
• 14. Rest of Western Europe Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
• 15. Market Structure Analysis
• 16. Competition Analysis
  • 16.1. UFP Technologies Inc.
  • 16.2. Sealed Air Corporation
  • 16.3. Achilles Corporation
  • 16.4. Desco Industries Inc.
  • 16.5. Botron Company Inc.
  • 16.6. Kiva Container Corporation
  • 16.7. Orlando Products Inc.
  • 16.8. Delphon Industries LLC
  • 16.9. Summit Container Corporation
  • 16.10. Protective Packaging Corporation
• 17. Assumptions & Acronyms Used
• 18. Research Methodology