A recent press release from Transparency Market Research has listed Protective Packaging Corporation as one of the major players in the fragmented electrostatic discharge (ESD) packaging market. The press release summarizes a report that states the largest segment of this market is ESD bags, set to grow at 8.4% over the next 10 years, growing to US$841.4 mn by 2027.
Custom ESD bag sizes have been a staple offering of Protective Packaging’s product line for decades. Find out more about our ESD films and bags here. The complete content of the press release is listed below.
OVERSTOCK STATIC SHIELDING ESD BAGS
BUY ONLINE – Call to custom order any sizes not listed
Electrostatic Discharge (ESD) Packaging Market to Reach US$2.6 bn by 2027 | Transparency Market Research
NEWS PROVIDED BY Transparency Market Research 06:30 ET
ALBANY, New York, October 17, 2017 /PRNewswire/ —
The global electrostatic discharge (ESD) packaging market is fragmented and unorganized because most vendors produce ESD packaging as part of a larger product line on account of similarities with other products such as bubble bags and polybags. Competition in the market is intense and keen players are seen taking the mergers and acquisitions route to grow their share. They are also seen devising means to make inroads into different markets.
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.
Request a PDF Sample for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=25490
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 bnin the currently is expected to reach US$2.6 bn by 2027.
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.
Download TOC at https://www.transparencymarketresearch.com/report-toc/25490
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.
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.
Browse Our Press Release at https://www.transparencymarketresearch.com/pressrelease/electrostatic-discharge-packaging-market.htm
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 ESD Packaging Market, by Product
- Shrink Films
- Boxes & Containers
- Tapes & Labels
Global ESD Packaging Market, by Application
- Electrical & Electronic Component
- Printed Circuits Boards (PCB)
- Other Components
- Diagnosis Equipment
- Therapeutic Equipment
- Other Equipment
- Explosive Powders
Global ESD 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)
- Carbon Black
- Ethylene Bis Stearamide
- Lauric Diethanolamide
- Glycerol Esters
- Ethoxylated Amines
- Carbon Nanotube
- Ethoxylated Sorbitan Ester
Global ESD Packaging Market, by End Use
- Electrical & Electronics
- Defense & Military
Global ESD Packaging Market, by Region
- North America
- Latin America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
US Office Contact:
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453