The report of Global ESD Bags & Pouch Packaging Market by Material & Additive Type (Conductive and Dissipative Polymers, Additive, Metal), End-User (Automobile, Manufacturing, Defense and Military, Electrical and Electronics, Aerospace, Healthcare), Application (Electrical and Electronic Components, Drugs, Explosive Powders), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ XX Bn by 2027, at a CAGR of 7.2 % during a forecast period.
ESD bags & pouch packaging materials are witnessing extensive demand in the semiconductor and electronics and transportation sectors as they ensure safe storage and shipping of electrical and electronic equipment and components, with integrated circuits. The need for shielding medical devices from ESD is also boosting the demand for these bags. However, strict regulations for specific materials may restrain the growth prospects of the market on a global platform.
Automobile segment is dominating the ESD bags & pouch packaging market and valued around US$ XX Mn in 2019.
Automobile segment is expected to grow at the highest CAGR of XX.XX% and anticipated to hold the highest market share of XX% over the forecast period. In the automotive industry, the primary function of this technology is to facilitate safe and secure handling and transport of high-value electronic components and to reduce the cost of transport.
APAC region is expected to account for the largest XX% market share by 2027.
APAC is expected to dominate the ESD bags & pouch packaging market during the forecast period. The presence of the huge number of electronic manufacturers in economies like Japan, South Korea, China, and Taiwan is the major driver for the growth of the market in the region. APAC is expected to be followed by Europe and North America, where the contribution of the United State is anticipated to be more.
Key players operating in the Global ESD Bags & Pouch Packaging Market are Desco Industries, Inc., Tekins Limited, Elcom (U.K.) Ltd., GWP Group Limited, Botron Company Inc., Conductive Containers, Inc., Conductive Containers, Inc., Electrotek Static Controls Pvt Ltd, Statclean Technology (S) Pte Ltd.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global ESD Bags & Pouch Packaging Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global ESD Bags & Pouch Packaging Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global ESD Bags & Pouch Packaging Market positioning of competitors.
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