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July 10, 2025 | Globe NewswireEstimated reading time: Less than a minute
The flexible printed circuit board market will grow at a CAGR of 8.28% to be valued at US$40.447 billion in 2030 from US$27.17 billion in 2025.
The market for flexible printed circuit boards is projected to grow significantly in the coming years, driven by their increasing use in consumer electronics such as smartphones, laptops, displays, and other devices. Official industry data indicates that approximately 1.5 billion smartphones were sold in 2019, fueled by rising disposable incomes and enhanced mobile data connectivity.
Key countries like China, India, and the United States are expected to significantly contribute to this market expansion. China, as the world's leading manufacturer of consumer electronics, is also anticipated to drive market growth, propelled by the adoption of smart technologies. Additionally, a strong focus on research and development is a critical factor boosting market growth.
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