Press release
Global Electrostatic Discharge Packaging Market Recorded Strong Growth in 2019; COVID-19 Pandemic Set to Drop Sales
Electrostatic Discharge Packaging Market
Some of the prominent participants in the global electrostatic discharge (ESD) packaging market are Smurfit Kappa Group, DS Smith Plc, Sealed Air Corporation, Pregis Corporation, Achilles Corporation, Desco Industries Inc., Storopack Hans Reichenecker GmbH, Teknis Limited, Elcom (UK) Ltd., Summit Container, Corporation, Kiva Container, Delphon Industries, LLC, Protective Packaging Corporation, GWP Group Limited, International Plastics Inc., AUER Packaging GmbH, Dou Yee Enterprises (S) Pte Ltd., and Botron Company Inc.
As per a research study by Transparency Market Research, the global electrostatic discharge packaging market will likely clock a CAGR of 7.2% during the period between 2017 and 2027. Expanding at this pace, the market valued at US$1.3 bn in the currently is expected to reach US$2.6 bn by 2027.
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Bags, trays, clamshell, shrink films, boxes and containers, tapes and labels, foams, totes/IBC, racks, etc. are some of the key products in the electrostatic discharge (ESD) packaging market. Of them, the segment of bags surpasses all others both in terms of value and volume. The segment is expected to grow its value by clocking maximum CAGR of 8.4% from 2017 to 2027 to pull in a revenue of US$841.4 mn by 2027.
Geographically, the key segments of the global electrostatic discharge (ESD) packaging market are Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa. Currently, Asia Pacific leads the market with maximum share on the back of a large number of electronic manufacturers in China, Taiwan, South Korea, and Japan. The value in the market in the region is projected to reach US$1.40 bn by 2027.
electrostatic discharge packaging market
Electronics and Electrical Industry at Forefront of Driving Demand
The soaring demand electrostatic discharge (ESD) packaging is primarily being driven by the ESD prone components in the booming electronic and electrical industry. It is seen that absence of suitable packaging or generation of static electricity often damages electrical devices. ESD packaging helps to overcome such challenges. Besides the electronics and electrical industry, the defense and military segments in developed nations are also serving stoke demand in the market.
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Lack of Solution for Corrosion of Metallic Powder by Water Drags down Demand
On the flipside, use of metallic powder in electrostatic discharge (ESD) packaging tends to easily corrode when coming in contact with water, causing damage to components and devices stored. This is posing a roadblock to the growth in the market.
This review is based on the findings of a TMR report, titled, “Electrostatic Discharge (ESD) Packaging Market (Product – Bags, Trays, Clamshell, Shrink Films, Boxes and Containers, Tapes and Labels, Foams, Totes/IBC, and Racks; Application – Electrical and Electronic Component (Printed Circuit Boards, Semi-conductors, and Screens), Equipment (Diagnosis Equipment and Therapeutic Equipment), Explosive Powder, and Drugs; Material and Additive Type – Conductive and Dissipative Polymers, Metal, and Additives; End User – Electrical and Electronics, Automobile, Defense and Military, Manufacturing, Aerospace, and Healthcare) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2027.”
The Global Electrostatic Discharge (ESD) Packaging Market is segmented as below:
Global Electrostatic Discharge Packaging Market, by Product
Bags
Trays
Clamshell
Shrink Films
Boxes & Containers
Tapes & Labels
Foams
Totes/IBC
Racks
Others
Global Electrostatic Discharge Packaging Market, by Application
Electrical & Electronic Component
Printed Circuits Boards (PCB)
Semi-Conductors
Screens
Other Components
Equipment
Diagnosis Equipment
Therapeutic Equipment
Other Equipment
Explosive Powders
Drugs
Others
Global Electrostatic Discharge Packaging Market, by Material and Additive
Conductive & Dissipative Polymers
Acrylonitrile Butadiene Styrene (ABS)
Polyvinyl Chloride (PVC)
Polycarbonate (PC)
Polyethylene (PE)
Polypropylene (PP)
Polyamide (PA)
Styrene Acrylonitrile (SAN)
Others
Metal
Aluminum
Steel
Tin
Copper
Others
Additive
Carbon Black
Ethylene Bis Stearamide
Lauric Diethanolamide
Glycerol Esters
Ethoxylated Amines
Carbon Nanotube
Ethoxylated Sorbitan Ester
Others
Global Electrostatic Discharge Packaging Market, by End Use
Electrical & Electronics
Automobile
Defense & Military
Manufacturing
Aerospace
Healthcare
Others
Global Electrostatic Discharge Packaging Market, by Region
North America
Latin America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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