The Electrostatic Discharge (ESD) Packaging Market is segmented by Product (Bags, Trays, Clamshell, Shrink Films, Boxes and Containers, Tapes and Labels, Foams, Totes/IBC, Racks), End User (Electrical and Electronics, Automobile, Defense and Military, Manufacturing, Aerospace, Healthcare), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
The Electrostatic Discharge (ESD) Packaging Market is segmented by Product ...
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.
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)
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.
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.
What deliverables will you get in this report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Electrostatic Discharge (ESD) Packaging Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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10% free customization
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.
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Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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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) and Dou Yee Enterprises (S) Pte Ltd (Singapore) are among the key players in the electrostatic discharge packaging market.
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.
