ESD Bags Market to Surpass US$ 601.48 Million by 2026 - Coherent Market Insights

Published On : Nov 21, 2018

The global ESD bags market was valued at US$  339.90 Million in 2017, according to ESD Bags Market Report, by Product Type (o Anti-statics Bags, Dissipative Bags, Metallized Shielding Bags and Conductive Bags), by Material Type (Polyethylene (PE) and Polyethylene Terephthalate (PET)), by End-use Industry (Electrical and Electronic, Chemical, Pharmaceutical and Aerospace), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) published by Coherent Market Insights. The global ESD bags market is projected to reach US$ 601.48 Million by 2026, exhibiting a CAGR of 6.9% during the forecast period.

Increasing demand for electronic products such as smartphones and tablets is expected to be a major factor driving growth of the global ESD bags market over the forecast period. Anti-static packaging materials are used to prevent build-up of static charge in electronic products. These bags are generally used for shipping of electronic components and devices. For instance, according to the Australian Communications and Media Authority, in May 2012, number of smartphone owners in Australia was 8.67 million, which was an increase by 104% from 2011. Major application of anti-static bag is packaging. Computer components and other similar items can be easily damaged by static discharge. ESD bags such as anti-static bags, dissipative bags are used to maintain a static-free environment for electronic products.

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https://www.coherentmarketinsights.com/market-insight/esd-bags-market-2268

Key Trends and Analysis of the Global ESD Bags Market:

Conductive bags segment held significant market share in 2017 in the global ESD bags market and it is expected to witness significant growth during the forecast period. Conductive antistatic bags are manufactured with a conductive dielectric layer of plastics, metal, and aluminum covered in static dissipative coating. Conductive materials have low electrical resistance, therefore, electrons flow easily across the surface or through conductive materials. Charges are transferred to the ground or to another conductive object that the material contacts. Dissipative bags, also known as Pink Anti-Static (PAS) bags, are an economical option that offer protection against static dissipation. These bags are made from a single layer of conductive material (carbon-load polyethylene) that protects the bag’s contents from buildup of isolated static charges. Moreover, the cost of dissipative bag is low and significantly reduce damage of goods.

Key Takeaways of the Market:

  • Asia Pacific accounted for a significant market share in 2017 in the global ESD bags market over the forecast period. This is owing to increasing demand for ESD bags such as anti-static bags from pharmaceutical industry in the region. Anti-statics bags ensure that there is no electrostatic charge present inside the bag used for packaging of bulk drugs manufactured by the pharmaceutical industries. Furthermore, these bags are lightweight and have high load bearing capacity. According to India Brand Equity Foundation (IBEF), the pharmaceutical sector in India accounted for 2.4% of the global pharmaceutical industry in terms of value in 2017, and is expected to expand at a CAGR of 12.89% during 2015 to 2020.
  • Major players operating in the global ESD bags market include, 3M Company, Miller Packaging, Protective Packaging Corporation, Digi-Key Electronics, Daklapack Group, Dou Yee Enterprises (S) Pte Ltd., Advantek, Inc., Teknis Limited, Edco Supply Corporation, Naps Polybag Co, Katzke Paper Co, Statclean Technology (S) Pte Ltd, Elcom Ltd., and Electrotek Static Controls Pvt., Ltd.

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