Electrostatic Discharge (ESD) Packaging Market Trend, Top Growth Companies and Industry Forecast 2021-2030

November 29, 2023 07:06 PM HKT | By EIN Presswire
Follow us on Google News:

Electrostatic discharge packaging market is projected to reach $7.1 billion by 2030, growing at a CAGR of 8.31% from 2022 to 2030

PORTLAND, PORTLAND, UNITED STATES, November 29, 2023 /EINPresswire.com/ -- 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". 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.

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

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

Covid-19 Scenario

The outbreak of the Covid-19 pandemic has had a negative impact on the global electrostatic discharge (ESD) packaging market, owing to implementation of the global lockdown, which closed all the electronics manufacturing hubs.

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

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.

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

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://www.alliedmarketresearch.com/electrostatic-discharge-esd-packaging-market/purchase-options

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

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.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.



Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK