Global Electrostatic Discharge Packaging Market - Overview

The global Electrostatic Discharge Packaging Market is expected to exhibit a strong 8.2% CAGR over the forecast period from 2022 to 2030, according to the latest research report from Market Research Future (MRFR). The report studies the global electrostatic discharge packaging market in detail to find out more about the market’s leading drivers and restraints, key segments, and dominant players.

The global electrostatic discharge packaging market is mainly driven by the growing global demand for the manufacturing and transportation of electronic components. The growing manufacturing of computers, smartphones, and other networking infrastructure is likely to be a major driver for the global electrostatic discharge packaging market over the forecast period, as the demand for electrical and electronic components is likely to grow over the forecast period and beyond with the rising reliance on digital communication media. Electrostatic discharge packaging protects the product from the effects of electrostatic discharge, which can hamper a product even before it is sold and considerably reduce its operational lifetime.

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Global Electrostatic Discharge Packaging Market – Prominent Players
The notable players profiled in the global Electrostatic Discharge Packaging Market report include Summit Packaging Solutions (U.S.),GWP Group Limited (U.K.),Desco Industries Inc. (U.S.),Teknis Limited (U.K.),Protektive Pak (U.S.),Tandem Equipment Sales, Inc. (U.S.),Static (U.S.),Elcom UK Ltd (U.K.) 

Electrostatic Discharge Packaging Market Dynamics

The Electrostatic discharge packaging is also called as antistatic packaging. Static can be caused by various factors such as including other devices, friction or even the weather. Electrostatic discharge packaging is vital for the safe transportation and storage of most electronic products. Also, the operational requirement among original equipment manufacturers to isolate ESD sensitive items, components and devices during manufacturing, assembling and shipping has led to such specific packaging need catered by packaging manufacturers.

The growing demand for smartphones and other consumer electronics is likely to be a major driver for the global electrostatic discharge packaging market over the forecast period, as the growing demand for consumer electronics is likely to result in an increasing demand for the transportation of the same from the manufacturing sites to the assembly units. The growing demand for communication network infrastructure is also likely to be a major driver for the global electrostatic discharge packaging market over the forecast period, as the operations of the industrial sector as well as other, service-oriented sectors such as BFSI, healthcare, and government, are likely to rely increasingly on digital, 21st-century communication methods in the coming years.

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Electrostatic Discharge Packaging Market   - Segments:

The global electrostatic discharge packaging market size is segmented on the basis of product, end use, and region.

By product, the global electrostatic discharge packaging market is segmented into bags, trays, boxes and containers, ESD foams, and others.

By end use, the global electrostatic discharge packaging market is segmented into communication network infrastructure, consumer electronics, computer peripherals, automotive, and others.      

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Electrostatic Discharge Packaging Market   - Regional Analysis:

The global electrostatic discharge packaging market is segmented by region into North America, Europe, Asia Pacific, and rest of the world.

Asia Pacific is likely to dominate the global electrostatic discharge packaging market over the forecast period due to the growing electronics manufacturing industry in the region. Companies such as Samsung, LG, and Huawei are leading manufacturers of consumer electronics, the demand for which is being driven rapidly in Asia Pacific due to the growing disposable income of the consumers in Asia Pacific. The growing production of communication equipment in countries such as China, Taiwan, and Japan is likely to be a key driver for the global electrostatic discharge packaging market over the forecast period. Companies such as Samsung and Huawei have emerged as global leaders in the manufacturing of communication equipment in recent years, leading to a steady growth in the demand from the electrostatic discharge packaging market in Asia Pacific over the forecast period. The growing initiation of safety regulations in the packaging and transportation industry in the region is also likely to drive the demand from the electrostatic discharge packaging market in the region.

Following Asia Pacific, Europe is likely to hold a considerable share in the global electrostatic discharge packaging market over the forecast period due to the growing demand for safety in product consumption and usage. The steady advancement of the packaging industry in Europe has led to the legislation of several supportive regulations mandating the use of electrostatic discharge protection in electronics transportation and storage. This is likely to drive the electrostatic discharge packaging market in Europe over the forecast period.

North America is also likely to emerge as a key player in the global electrostatic discharge packaging market over the forecast period due to the growing demand for consumer as well as communication electronics in the region. The U.S. is likely to remain one of the leading regional markets for electrostatic discharge packaging over the forecast period.

Scope of the Report
This study provides an overview of the global electrostatic discharge packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global electrostatic discharge packaging market by its product, end-users and region.

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