Electrostatic Discharge (ESD) Packaging Market Growth Analysis

Market Insights

The Electrostatic Discharge (ESD) Packaging market is projected to grow from USD 571.3 million in 2020 to USD 721.4 million by 2026 at a CAGR of around 4.0% during the forecast period.

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What is electrostatic discharge?

Electrostatic discharge (ESD) is defined as plastic materials that help reduce static electricity, thereby protecting electrostatic-sensitive devices. ESD packaging is mainly used to transport consumer electronics.

Key Players

Key players operating in the Electrostatic Discharge (ESD) Packaging market are-

• The Smurfit Kappa Group plc (Ireland)
• DS Smith plc (UK)
• Sealed Air Corporation (US)
• Pregis (US)
• Dhaka Electric Supply Company (DESCO), (Bangladesh)
• Storopack India Private Limited (India)
• Nefab AB (Sweden)
• Elcom International Pvt. Ltd. (India)
• Summit Container Corporation (US)
• Kiva Container (US)
• Protective Packaging Corporation (US)
• International Plastics (US)
• AUER Packaging (Germany)
• Dou Yee Enterprises (S) Pte Ltd (Singapore)

Market Dynamics

The growth of the electrostatic discharge (ESD) packaging market is primarily driven by increasing demand for consumer electronics. Growing technological advancements in automobiles are expected to propel market growth at a significant rate during the review period. Additionally, surging demand for advanced packaging technologies is likely to create lucrative opportunities for the market players during the review period.

COVID-19 Impact

The outbreak of the COVID-19 virus has affected the growth of the industrial sector significantly. Stringent lockdown measures and restricted movement of people affected the product supply for a short period and thus, affected the market growth.

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Segment Analysis

End-User Trends

The electrostatic discharge (ESD) packaging market has been bifurcated into electrical and electronics, automobile, defense and military, manufacturing, aerospace, and healthcare. Under these, the electrical and electronics segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to increasing demand for consumer electronics across the globe.

Regional Analysis

The market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the presence of established end-use industries and key market players such as Sealed Air Corporation (US) and Pregis (US). The market growth in the Asia-Pacific region is expected to be driven by significant growth of the automotive and electrical & electronics industries in developing countries, particularly China and India.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.