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The future of the global ceramic package market looks promising with opportunities in the consumer electronics, construction, and healthcare industries. The global ceramic package market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers for this market are the growing middle class population and swift urbanization.
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Growth in various segments of the ceramic packages market are given below