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Global Electrostatic Discharge Packaging Market is Expected to Foresee Significant Growth During the Forecast Period. Asia-Pacific to Witness the Highest Growth

The global Electrostatic Discharge Packaging market is expected to grow significantly by 2027 expanding at an exponential CAGR during the forecast period (2021-2027).

Electrostatic discharge packaging is designed to keep static electricity at bay and thus ensure the integrity of the products contained within the pack. The primary aim of ESD packaging is to protect a finished product from any instance of electrostatic discharge that could happen end route from the manufacturing point to its destination, as well as to bolster its protection against standard physical damage. ESD packaging is intended to offer twofold protection to the contained goods; ideally, it prevents charges from building up inside the package, while also resisting and dissipating any charges on the exterior.

A growing need for smart devices along with the miniaturization of such electronic devices. Another important factor necessitating the use of ESD packaging is the presence of various standards regarding the safety of ESD-prone devices during handling and shipping. In this regard, the electronics industry has set up accepted standards for manufacturers of electronic devices to show reasonable conformance.

For a detailed analysis of Electrostatic Discharge Packaging browse through https://univdatos.com/report/electrostatic-discharge-esd-packaging-market/

The rapid adoption of the electric vehicle among consumers across the globe is one of the prominent reasons contributing to the growth of the electrostatic discharge packaging. According to the International Energy Agency, in 2019, the sales of electric cars topped 2.1 million globally, surpassing 2018 to boost the stock to 7.2 million electric cars. Further, electric cars, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase.

A rise in the GDP per capita is a factor that is impacting the demand for Electrostatic Discharge packaging across the globe owing to the growing demand for the products. A rise in GDP per capita signifies the increased standard of living. So, consumers in the developed and developing countries where per capita income is witnessing a rise can think of spending more items such as food & beverage, consumer goods, health, and wellness, etc.,

Based on the product, the market is fragmented into Bags, Trays, Boxes & Containers, ESD foams, and Others. The bags segment grabbed XX% market share in 2020 and captured USD XX Mn market in 2020. The key benefits such as ESD bags generally have a four-layer structure that can create an inductive cover to separate the goods from the static field. Moreover, the ESD bags are made with Metal-in Static shielding materials which offer superior durability at a low cost are leading to the growth of the segment.

Based on the material and additive type, the market is fragmented into Conductive & Dissipative Polymers, Metal, Additive. The material and additive segment captured XX% Market share in 2020 and dominated the market. The advent of conductive polymers has enabled the design of efficient, lightweight, and more compact electronic components. Conductive polymer-coated polymer films are transparent and have good ESD properties enough to be used as ESD protection materials for packaging electronic parts

For a detailed analysis of the Region in Electrostatic Discharge Packaging browse through https://univdatos.com/get-a-free-sample-form-php/?product_id=18994

Additionally, the report provides detailed initiatives that are being taken in the field of Electrostatic Discharge packaging. The market is classified into distinct regions including North America (the U.S, Canada, Rest of North America), Europe (Germany, France, Spain, Italy, and United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, and the Rest of APAC), Rest of World has been conducted. Asia Pacific region grabbed XX% market and captured USD XX Mn market share in 2020.  Asia Pacific region grabbed the major market share and dominated the market. The presence of manufacturers in the abundance of electronic devices in countries such as Japan, China, and South Korea is the key factor that is driving the market. The region has contributed significantly to the increasing demand for smart devices employing ESD packaging and is amply complemented by the rapidly growing consumer electronics industry in the region. 

For a detailed analysis of the Region in Electrostatic Discharge Packaging browse through https://univdatos.com/get-a-free-sample-form-php/?product_id=18994

 Global Electrostatic Discharge Packaging Market Segmentation

Market Insight, by Product

  • Bags
  • Trays
  • Boxes & Containers
  • ESD foams
  • Others

Market Insight, by Material & Additive Type

  • Conductive & Dissipative Polymers
  • Metal
  • Additive

Market Insight, by End-User

  • Electrical and Electronic
  • Automobile
  • Defense and Military
  • Manufacturing
  • Aerospace
  • Healthcare

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • Spain
    • Italy
    • United Kingdom
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

  • Desco Industries Inc.
  • PPG Industries, Inc.
  • TIP Corporation Sdn Bhd
  • Smurfit Kappa
  • DS Smith
  • Sealed Air
  • Pregis LLC

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