Electrostatic Discharge (ESD) Packaging Market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till 2026

February 10, 2022

The report on 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, Defence and Military, Manufacturing, Aerospace, Healthcare), and Region - COVID-19 Impact Analysis and Forecast to 2026 The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2021-2026.

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.

Key players

Some of the major players operating in the global 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)

Report Features

The report provides critical insights into the market dynamics that enables strategic decision making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features –

• Market structure - as it reflects the value chain of different commodities in the market.
• Drivers and Constraints - as both can affect any element of the marketing mix -- product, budget, and place, etc.
• Market Forecast - a part of the decision-making process. This helps users with facts regarding projected sales dimensions, costs, market shares, and other areas of planning.
• Competitive landscape and dynamics: The user can determine the strengths and gaps. The information mentioned here will work towards enhancing the brand's strategy.
• Growth strategies - allowing a small business to survive unexpected changes, and to grow into a bigger entity, and gain a greater competitive advantage.

Market Dynamics

The report covers maximum factors that affect the Electrostatic Discharge (ESD) Packaging Market. According to this report,

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.

Segments' Analysis

End-User Trends

By end-user, 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 Trends

By region, 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 the developing countries, particularly China and India.

Critical Questions Answered in the Report

• What are the key trends in the global Electrostatic Discharge (ESD) Packaging Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
• What is the impact of COVID-19 on global Electrostatic Discharge (ESD) Packaging Market?
• What are the key strategies adopted by the major vendors to lead in the global Electrostatic Discharge (ESD) Packaging Market?
• What is the market share of the top vendors?

Wish to know more about the study? Click here to get a free sample. https://www.stratviewresearch.com/Request-Sample/2384/Electrostatic-Discharge-(ESD)-Packaging-Market.html#form

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 at +1-313-307-4176.

About Us –

Stratview Research is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. This firm possesses a global presence to enable current market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. It also surveys clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.

Contact -
Web: https://www.stratviewresearch.com/contact

Email: sales@stratviewresearch.co

Author : Meha Prasad