Press release
Electrostatic Discharge (ESD) Packaging Market: Competitive Landscape & Technological Breakthroughs Analysis in Next Few Years
In a fragmented and somewhat unorganized global electrostatic discharge (ESD) packaging market, savvy players are seen embarking upon mergers and acquisitions to bolster their positions. It has also been noticed that they are trying to increase their geographical footprints through various methods.
At the forefront of driving demand in the global electrostatic discharge (ESD) market is the electronics and electrical industry, which require suitable packaging to prevent damage to their products. Besides the electronics and electrical industry, the defense and military segments in developed nations are also serving to stoke demand in the market.
Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25490
On the flipside, metallic powder in electrostatic discharge (ESD) packaging easily corrodes when it comes in contact with water. This, in turn, damages components and devices stored. The problem is having a negative impact on the market.
A study by Transparency Market Research, forecasts the global electrostatic discharge (ESD) packaging market to clock a CAGR of 7.2% from 2017 to 2027 to become worth US$2.6 bn by 2027 from US$1.3 bn in the current year of 2017.
Bags Take Lead in Product Segment
Depending upon the types of products, the electrostatic discharge (ESD) packaging market can be divided into bags, trays, clamshell, shrink films, boxes and containers, tapes and labels, foams, totes/IBC, racks, and others. 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.
Obtain Report Details @ https://www.transparencymarketresearch.com/electrostatic-discharge-packaging-market.html
The segment of foams trails in the second position. By registering a CAGR of 7.0%, the segments is expected to become worth US$418.3 mn by 2027. In terms of growth rate, racks and tapes and labels are forecasted to witness impressive CAGRs – 8.4% and 7.0% – in the forecast period.
Based on application again, the key segments of the global electrostatic discharge (ESD) packaging market are electrical and electronic component, equipment, explosive powder, drugs, etc. Of them, the segment of electrical and electronic component is expected to account for 80.2% of the market share by value by the end of 2027.
Large Number of Electronic Manufacturers Drive Market in Asia Pacific
From a geographical perspective, Asia Pacific accounts for a leading share in the global electrostatic discharge (ESD) packaging market. This is because of the presence of the numerous electronic manufacturers in countries of China, Taiwan, South Korea, and Japan. The rising demand for smartphones and IT infrastructure in the region is also serving to boost demand. On account of so many factors boosting market, its value is projected to reach US$1.40 bn by 2027 from US$657.7 mn in 2016 by registering a CAGR of 7.2% over the forecast period.
Europe trails Asia Pacific vis-à-vis market share in the global electrostatic discharge packaging market. Its market, which is valued at US$ 201.9 mn, is predicted to attain a value of US$450.3 mn by the end of 2027 by expanding at a CAGR of 7.7% from 2017 to 2027. Germany is primarily powering the growth in the region.
Prominent names in the global electrostatic discharge (ESD) packaging market include 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.
About Us
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.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electrostatic Discharge (ESD) Packaging Market: Competitive Landscape & Technological Breakthroughs Analysis in Next Few Years here
News-ID: 829232 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for ESD
ESD Workstation And ESD Table Market Size and Outlook by Application, Type, and …
USA, New Jersey- According to Market Research Intellect, the global ESD Workstation And ESD Table market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The ESD workstation and ESD table market is experiencing steady growth, driven by the rising need for electrostatic discharge protection in sensitive…
ESD Epoxy Flooring Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global ESD Epoxy Flooring Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
ESD Epoxy Flooring Market Size and Scope
The ESD epoxy flooring market is witnessing steady growth, driven by the increasing demand for high-performance, durable flooring…
ESD Safe Matting Market 2024 Product Types (Vinyl ESD Safe Matting, Rubber ESD S …
The "ESD Safe Matting Market" report provides key insights into market size, share, growth dynamics, and emerging trends, enabling businesses to make data-driven decisions and enhance their strategies for expansion. It also highlights technological advancements, diverse sales channels, market penetration, production methods, and company revenues, offering a holistic perspective of the market landscape.
Browse Full Report at: https://www.themarketintelligence.com/market-reports/esd-safe-matting-market-1121
About ESD Safe Matting Market:
The global ESD Safe Matting Market size was USD 115.53…
ESD Protection Devices Market 2022-
LOS ANGELES, United States: The research study presented in this report offers a complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the global ESD Protection Devices market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global ESD Protection Devices market. The authors of the report have segmented the global ESD Protection…
Electrostatic Discharge Esd Packaging
ESD (Electrostatic Discharge Packaging) is important to safely transport and store most electronic products. It is specially designed to prevent static electricity, ensuring the integrity of the products included in the pack.
Electrostatic discharge (ESD) packaging includes a variety of functional packaging products designed to protect electronic products, especially electrostatic products, by ensuring the integrity of the products contained in the pack. The global electrostatic discharge packaging market uses materials to…
ESD Protection Diode Market 2017
Global ESD Protection Diode Industry 2022 Market Research Report analyzed the current state in the definitions, classifications, applications and industry chain structure. The report also focuses on the development trends as well as history, competitive landscape analysis, and key regions etc in the international markets.
Global ESD Protection Diode Industry 2022 Market Research Report is a professionally prepared report comprising of in-depth information as well as knowledge which is helpful to…
