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ESD Packaging Market 2020 - Industry is expected to exhibit a strong 8.2% CAGR

02-10-2020 03:29 PM CET | Logistics & Transport

Press release from: MRFR

Summary

Global ESD Packaging Market Size, Share, Growth, Analysis, Future Scope by Product (Bags, Trays, Boxes & Containers, ESD foams, others), by end-users (Communication network infrastructure, Consumer electronics, Computer peripherals, Automotive industry, others), by Region (Asia-Pacific, North America, Europe, Row) - Forecast To 2023

ESD Packaging Market Overview

The global ESD Packaging Market is expected to exhibit a strong 8.2% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The report studies the global ESD Packaging Market in detail to find out more about the market's leading drivers and restraints, key segments, and dominant players.

The growing manufacturing of computers, smartphones, and other networking infrastructure is likely to be a major driver for the global ESD Packaging Market over the forecast period, as the demand for electrical and electronic components is likely to grow over the forecast period and beyond with the rising reliance on digital communication media. Electrostatic discharge packaging protects the product from the effects of electrostatic discharge, which can hamper a product even before it is sold and considerably reduce its operational lifetime.

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The growing demand for communication network infrastructure is also likely to be a major driver for the global ESD Packaging Market over the forecast period, as the operations of the industrial sector as well as other, service-oriented sectors such as BFSI, healthcare, and government, are likely to rely increasingly on digital, 21st-century communication methods in the coming years.

Competitive Landscape

Leading players in the global ESD Packaging Market include

Desco Industries Inc.
GWP Group Limited
Protektive Pak
Elcom UK Ltd.
Statico
Stephen Gould Corp.
Summit Packaging Solutions
Tandem Equipment Sales Inc.
Teknis Limited.
Segmentation

The global ESD Packaging Market is segmented on the basis of product, end use, and region.

By product, the global ESD Packaging Market is segmented into bags, trays, boxes and containers, ESD foams, and others.

By end use, the global ESD Packaging Market is segmented into communication network infrastructure, consumer electronics, computer peripherals, automotive, and others.

Regional Analysis

The global ESD Packaging Market is segmented by region into North America, Europe, Asia Pacific, and rest of the world.

Asia Pacific is likely to dominate the global ESD Packaging Market over the forecast period due to the growing electronics manufacturing industry in the region. Companies such as Samsung, LG, and Huawei are leading manufacturers of consumer electronics, the demand for which is being driven rapidly in Asia Pacific due to the growing disposable income of the consumers in Asia Pacific. The growing production of communication equipment in countries such as China, Taiwan, and Japan is likely to be a key driver for the global ESD Packaging Market over the forecast period. Companies such as Samsung and Huawei have emerged as global leaders in the manufacturing of communication equipment in recent years, leading to a steady growth in the demand from the ESD Packaging Market in Asia Pacific over the forecast period. The growing initiation of safety regulations in the packaging and transportation industry in the region is also likely to drive the demand from the ESD Packaging Market in the region.

Following Asia Pacific, Europe is likely to hold a considerable share in the global ESD Packaging Market over the forecast period due to the growing demand for safety in product consumption and usage. The steady advancement of the packaging industry in Europe has led to the legislation of several supportive regulations mandating the use of electrostatic discharge protection in electronics transportation and storage. This is likely to drive the ESD Packaging Market in Europe over the forecast period.

North America is also likely to emerge as a key player in the global ESD Packaging Market over the forecast period due to the growing demand for consumer as well as communication electronics in the region. The U.S. is likely to remain one of the leading regional markets for electrostatic discharge packaging over the forecast period.

Table Of Contents

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter's Five Forces Analysis

Continues.......

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Market Research Future
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India
Phone: +1646 845 9312
Email: sales@marketresearchfuture.com

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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