Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global ESD Bags Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international ESD Bags Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global ESD Bags Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global ESD
Bags Market is offered. In
accordance with the report, the global ESD Bags Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
ESD
Bags also known as electrostatic discharge bag or conductive bags or metallized
bags or anti-static bags. These bags are utilized in the storage of electronic
components and equipment that has the propensity of being damaged by
electrostatic discharge. These bags have three color variants including black,
silver and pink. Pink and black is used for bags produced from polyethylene
while silver is for bags comprising of metallic films. The prevention of
electrostatic damage to electronic components in the process of transportation
is the main aim of this product.
Market Drivers
The
initial impetus to the ESD bags market is provided by the rapidly developing
packaging industry. In accordance to the India Brand Equity Foundation (IBEF),
the value of the India packaging industry has risen from USD 17.3 million in
2011 to USD 27.8 billion in 2014, at an approximate CAGR of 14.9%. The
necessity of proper packaging is expected to drive the ESD bags market.
The
prospering end use sector is accelerating the growth of the ESD bags market.
Aerospace, healthcare, manufacturing, defense and military and automation are
the some of the end-use verticals of this market. The basic function of these
products in the automotive sector is to facilitate the safe handling and
locomotion of superior electronic stuffs at low transportation cost.
ESD
bags are finding widespread application in the pharmaceutical, chemicals and electronic
industries owing to a numerous properties and benefits of this product which is
bolstering the growth of this market. Stable antistatic properties,
contamination shielding properties, effective shielding of high ESD, cutting
down manufacturing process cost are some of the properties.
The
soaring adoption of tablets, laptops and smartphones is escalating the need for
ESD bags. The implementation of ESD bags in these products prevents the
building up of static charge in these devices.
Increasing
trade and import and export activities is augmenting the growth of the ESD
market since these products assists the shipment of electronic products and
components.
Market Restraints
Growing
environmental concern among the government and individuals is hindering the
growth of this market. The stringent regulations associated with the deployment
of plastic in the production of these bags coupled with the dearth of
disposability of these materials and the environmental hazards that they
accompany is severely hampering the growth of this market.
ESD
bags comprises of metallic powder. Metallic powders have the power to cause
damage to the electronic products and components that are stored when they
get-hold-of water. This led to corrosion. This factor is impeding the growth of
the ESD bags market.
Opportunities
The
rising engagement in the utilization of laptops, tablets and smartphones in
every aspect of life including home and office complementary to the adoption of
various electronic gadgets is likely to broaden the application of ESD bags and
its market.
The
thriving end use sector namely, the electronic sector, manufacturing sector,
healthcare industry, chemical industry and pharmaceutical industry is expected
to provide lucrative opportunities to this market.
Trends
North
America holds a significant share of the ESD bags market and is expected to
continue its leadership in the forecast period. On account of soaring adoption
of smart devices and gadgets, the need of backup for electrostatic and
mechanical damages is expected to propel the growth of this market. Also, the
expectation of the increment in the shipping of volumes of smartphones is a
determining factor for the growth of this market. The Asia Pacific region is
expected to witness significant growth and emerge as the region witnessing
fastest market growth in the forecast period. The reason behind such progress
can be traced back to the flock of producers of the electronics market in the
nations like Japan, South Korea and China. The growth of the electronic sector
coupled with the widening adoption of smart electronic devices are reasons
behind the growth prospects of the ESD bags in the forecast period.
Segment Covered:
This market
intelligence report on the global ESD Bags Market encompasses market segments based on product type,
material type, end use and country.
By
Product Type the global ESD Bags Market has been divided into:
q Conductive
Bags
q Metallized
Shielding Bags
q Dissipative
Bags
q Anti-Static
Bags
By Material Type the global ESD Bags
Market has been divided into:
q Polyethylene
(PE)
q Polyethylene
Terephthalate (PET)
By End
Use the global ESD Bags Market has been divided into:
q Aerospace
q Pharmaceutical
q Chemical
q Electronic
and Electrical
q Others
By country/region,
the global ESD Bags Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q EcoCortec
q Advantek
Inc
q Protective
Packaging Corporation
q 3M
Company
q Miller
Packaging
q Digi-Key
Electronics
q Daklapack
Group
q Teknis
Limited
q Edco
Supply Corporation
q Electrotek
Static Controls Pvt Ltd
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as ESD Bags Market related
investment & spending and developments by major players of the market are
tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
EcoCortec
In December
2020, EcoSonic VpCI-125 HP Permanent ESD Film and Bags was launched and offered
by EcoCortec. This new product is resistant to corrosion and provide protection
to anti-static damages.
Advantek Inc
In July 2018,
DRYLOK 3200 was launched by Advantek Inc. This product is an improvement over
its earlier generation of product launch in terms of moisture resisting and
static-shielding.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the ESD Bags
Market, size of the market (US$ Mn), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking
into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world ESD Bags Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for ESD Bags caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for ESD Bags Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the ESD Bags Market
v
Identification
of key factors driving investment opportunities in the ESD Bags
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants