Electrostatic Discharge (ESD) Packaging Market 2024: Survey of Recent Developments, Forecast by 2030

The global electrostatic discharge (ESD) packaging industry generated $3.5 billion in 2021, and is anticipated to generate $7.1 billion by 2030, witnessing a CAGR of 8.31% from 2022 to 2030.

Allied Market Research published a report, titled, "Electrostatic Discharge (ESD) Packaging Market by Product Type (Bags, Trays, Boxes & Containers, ESD Foam, ESD Films, Others), by End-user (Network and Telecommunication Industry, Consumer Electronics & Computer Peripheral, Automotive Industry, Military and Defense, Healthcare, Aerospace, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030".

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/17209

Prime determinants of growth
ESD packaging is secure for packing electronic items and keeping them safe, which is expected to drive the growth of the global electrostatic discharge (ESD) packaging market. However, high cost of the packaging material restricts the market growth. On the other hand, rise in demand for these packages from various end-use sectors such as defense and military, automotive, healthcare, industrial, and aerospace presents new opportunities in the coming years.

Leading Market Players: -
Smurfit Kappa Group
PPG Industries, Inc.
TIP Corporation
Conductive Containers Inc.
Elcom (UK) Ltd.
Tandem Equipment Sales Inc.
Global Statclean Systems
Desco Industries
DowDuPont

In addition, supply chain disruption, labor shortages, raw material shortages, and other obstacles inhibited the manufacturing of electrical devices.

Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/17209

The bags segment to maintain its leadership status throughout the forecast period
Based on product type, the bags segment held the highest market share in 2021, accounting for more than one-fourth of the global electrostatic discharge (ESD) packaging market, and is estimated to maintain its leadership status throughout the forecast period. This is owing to high security provided by ESD bags while transporting electronic products from one place to another. However, the ESD films segment is projected to manifest the highest CAGR of 8.9% from 2022 to 2030, due to usage of ESD films for transportation and protection of electronic devices.

Access Full Summary Report: https://www.alliedmarketresearch.com/electrostatic-discharge-esd-packaging-market-A16831

The consumer electronics & computer peripheral segment to maintain its lead position during the forecast period
Based on end user, the consumer electronics & computer peripheral segment accounted for the largest share in 2021, contributing to around two-fifths of the global electrostatic discharge (ESD) packaging market, and is projected to maintain its lead position during the forecast period. This is attributed to rise in demand and usage of electronic items among people. However, the automotive segment is expected to portray the largest CAGR of 9.1% from 2022 to 2030. Many parts in automotive sector such as the semiconductor, fuel tank, and many other components in automobile requires protection from static discharge, which in turn, has increased demand for ESD packaging in automotive sector.

Interested in Procuring This Report? Visit Here: https://bit.ly/4aSs00U

North America to maintain its dominance by 2031
Based on region, North America held the highest market share in terms of revenue 2021, accounting for around one-third of the global electrostatic discharge (ESD) packaging market. This is attributed to significant growth in automobiles, aerospace, and computer industry in the U.S., Canada, Mexico and many more countries. However, the Asia-Pacific region is expected to witness the fastest CAGR of 9.3% from 2022 to 2030. Owing to increasing industrialization in the region, the demand for safe and secure packaging such as ESD packaging has increased. This, in turn, triggered the market growth considerably.

For More Details: https://www.prnewswire.com/news-releases/electrostatic-discharge-esd-packaging-market-to-garner-7-1-billion-globally-by-2030-at-8-31-cagr-says-allied-market-research-301592282.html

Related Reports:
North America Electrostatic Discharge (ESD) Packaging Market : https://www.alliedmarketresearch.com/north-america-electrostatic-discharge-esd-packaging-market-A19372

Asia-Pacific Electrostatic Discharge (ESD) Packaging Market : https://www.alliedmarketresearch.com/asia-pacific-electrostatic-discharge-esd-packaging-market-A19381

LAMEA Electrostatic Discharge (ESD) Packaging Market : https://www.alliedmarketresearch.com/lamea-electrostatic-discharge-esd-packaging-market-A19387

Contact Us:
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.