Global Wafer & Integrated Circuits Shipping & Handling Databank Market Report

Global Wafer & Integrated Circuits Shipping & Handling Databank Market Report

The Wafer & Integrated Circuits Shipping & Handling market was valued at $9,515.6 Million in 2022, and is projected to reach $28,636.3 Million by 2031 growing at a CAGR of 13.11% from 2023 to 2031. IC Trays segment is expected to be the highest contributor to this market, with $8,063.1 Million in 2022, and is anticipated to reach $23,858.3 Million by 2031, registering a CAGR of 12.90%. IC Shipping Tubes segment is anticipated to reach $1,439.1 Million by 2031 with the highest CAGR of 16.37%. IC Trays and Carrier Tapes segments collectively expected to account for about 93.5% share of the Wafer & Integrated Circuits Shipping & Handling market in 2022, with the former constituting around 84.7% share. IC Shipping Tubes and Carrier Tapes segments are expected to witness significant growth rates at a CAGR of 16.37% and 14.00% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 12.7% in the overall Wafer & Integrated Circuits Shipping & Handling market in 2022, and is anticipated to reach 14.5% by 2031.