Press release
Global ESD Protective Signage Labels market to Witness Stellar CAGR During the Forecast Period 2017 - 2027
ESD Protective Signage Labels: Market IntroductionGlobal electrostatic discharge (ESD) packaging market is growing at a CAGR of over 6.5% and is expected to reach over 2 Bn by the end of forecast period. ESD protective signage labels help in protecting machines as well as people from ESD related hazards. ESD protective signage labels act as a source of communication with the consumers. ESD protective signage labels help in reducing the risk of electrostatic discharge, thus preventing the damage of static sensitive components. Some of the properties of ESD protective signage labels are heat and chemical resistant, weather resistant and can be used in harsh climatic conditions. ESD protective signage labels are used in various industries such as electrical and electronics, automotive, pharmaceuticals, aerospace industries etc. One of the properties of ESD protective signage labels is that they do not possess or hold an electrostatic charge when the label is removed from its liner, thus making it a suitable packaging solution for static sensitive components. Furthermore, ESD protective signage labels also prevent the electrostatic charge from building up on the surface level. ESD protective signage labels provide a cost-effective solution to the consumers.
ESD Protective Signage Labels: Market dynamics
With the advent of digitalization, demand for ESD protective signage labels is increasing due to the growth of electrical & electronics industry. ESD protective signage labels have barrier properties such as moisture resistant, chemical resistant etc. and can also be used in adverse climatic conditions. Further, adding to the barrier properties, ESD protective signage labels provides a low-cost labelling solution for applications over a wide range of temperature. The key factor driving the ESD protective signage labels market is that the labels do not emit electrostatic charge when the label is removed from the liner.
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Moreover, the key property of ESD protective signage labels is that they prevent the static charge from getting accumulated on the surface of the labels, thus making ESD protective signage labels the preferred labelling solution among end users. ESD protective signage labels and liners, both, are made from recyclable materials and are bio-degradable, thus reducing the threat to the environment. Linerless ESD protective signage labels reduce the waste disposal, thus resulting in reduced carbon emission. ESD protective signage labels offer less storage space which reduces the cost reduction in transportation, thus increasing the growth of ESD protective signage labels.
Despite the favorable conditions for the growth of ESD protective signage labels market, there are certain factors that hinder the growth such as relatively high cost with respect to other labelling solutions.
ESD Protective Signage Labels: Regional outlook
ESD protective signage labels has been segmented on the basis of the region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to dominate the market share of ESD protective signage labels market over the forecast period due to growing electrical & electronics industry. Europe is expected to follow North America in terms of growth of ESD protective signage labels market. MEA region is expected to show average CAGR during the forecast period due to the stagnant economy.
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ESD Protective Signage Labels: Key players
Some of the key players in the field of ESD protective signage labels market are Shenzhen HORB Tech Development Co., Ltd., Elcom (UK) Ltd, Botron Company Inc., Labels China.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.
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