The electrostatic discharge (ESD) packaging market is expected to increase from USD 2.0 billion in 2023 to USD 3.3 billion in 2033 and is likely to capture a 5.1% CAGR during the forecast period.
Vehicle Technical Advancements Continue
Electrostatic discharge packaging (ESD) is made of plastic. It aids in the reduction of static electricity as well as the protection of electro-sensitive equipment or products that contain flammable gases or liquids from a range of sources such as other devices, friction, and even the weather. The electronic equipment is packaged inside a robust black polyethylene box surrounded by poly foam. ESD packaging is designed to keep static electricity at bay, maintaining the integrity of the contents within.
ESD packaging is also a good concept in electronics as integrated circuits are made of semiconductor materials like silicon and insulating materials that might be damaged by high voltages. To avoid this issue, integrated circuit producers and users must take precautions like using appropriate packaging materials and printing techniques.
The rising defence and military, healthcare, industrial, automotive, and aerospace industries for a variety of operational uses are driving market expansion. Furthermore, increased investments in biodegradable electrostatic discharge packages by several organizations in the country are expected to provide the profitable potential for market expansion throughout the projection period.
Electrostatic discharge (ESD) trays market expansion is being driven by product innovations and demand in biodegradable packaging and other end-use sectors. Furthermore, increasing investments in recyclable electrostatic discharge trays by numerous product producers offer the market with new potential prospects.
Report Attribute | Details |
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Electrostatic Discharge (ESD) Packaging Market Value (2023) | USD 2.0 billion |
Electrostatic Discharge (ESD) Packaging Market Anticipated Value (2033) | USD 3.3 billion |
Electrostatic Discharge (ESD) Packaging Market Growth Rate (2023 to 2033) | 5.1% CAGR |
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The electrostatic discharge (ESD) packaging market accounted for USD 1.79 billion in 2022, expanding at a 5.3% CAGR from 2018 to 2022.
Rising adoption across industries like electrical & electronics, automotive, defense & military, aerospace, healthcare, etc is a key factor boosting sales of electrostatic discharge packaging products in the market.
Electrostatic discharge (ESD) packaging is a protective packaging solution used to protect products from any instance of electrostatic discharge during their handling, storage, or shipping. This type of packaging helps in reducing the risk of electrical charge in the product.
The electrostatic discharge (ESD) packaging helps from the loss caused due to any operational disturbance. The expanding electrical & electronic industry is the key factor fueling the demand for electrostatic discharge (ESD) packaging. Similarly, the rise in trade of various electrical & electronic components, medical devices, explosives, and military equipment is projected to boost the growth of the electrostatic discharge (ESD) packaging market during the forecast period.
The equipment manufacturer ensures that the product is safely delivered to the customer without any damage as the cost of equipment is very high. Proper protective packaging is preferred by equipment manufacturers which creates a growth opportunity for the electrostatic discharge (ESD) packaging market.
Historical CAGR (2018 to 2022) | 5.3% |
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Forecast CAGR (2023 to 2033) | 5.1% |
As per the FMI analysts, a valuation of USD 3.3 billion by 2033 end is estimated for the market.
2016 | USD 1.41 billion |
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2021 | USD 1.81 billion |
2022 | USD 1.79 billion |
2023 | USD 2.0 billion |
2033 | USD 3.3 billion |
The increased demand for smart gadgets, as well as the miniaturization of such electronic equipment, are crucial factors driving demand for ESD packaging. Another key element fueling the usage of ESD packaging is the existence of multiple standards governing the safety of ESD-prone electronics during handling and shipping. In this sense, the electronics industry has established acknowledged criteria for electronic equipment manufacturers to demonstrate acceptable conformity.
The increase in the miniaturization of such electronic devices, the use of ESD packaging technology in the automotive industry, the expansion of various industries, the growing population, and the surge in people's disposable income, are the significant factors driving the growth of the electrostatic discharge (ESD) packaging market. Furthermore, an increase in research and development activities, as well as an increase in demand from emerging nations, generate new opportunities for the electrostatic discharge (ESD) packaging market during the projection period.
ESD packaging is utilized for a variety of operating purposes in the automotive, defense and military, manufacturing, healthcare, and aerospace industries. Products can be securely transferred from one location to another using ESD packets, avoiding electrostatic or static energy from damaging electrical equipment in transit. Electrostatic discharge occurs when two differentially charged objects come into contact or even approach close to one another.
Any printed circuit board can be destroyed by electrostatic discharge. Throughout the forecast period, the market is expected to be driven due to the increased use of these packages by various end-use industries. Furthermore, ESD packaging protects the product from flammable substances and gases. Such packing materials are intended to promote the direct flow of electricity while causing no damage to the products contained therein. ESD packaging is a safe and secure method of packaging that gives safety than other packages; thus, the market is expected to increase in the forecast timeframe.
Electrostatic discharge packaging is expensive than other products such as anti-static bags and a few rubs off carbon black packaged products, which is expected to limit market growth over the projection period. The packaging is costly, making it less affordable on the market. The packaging takes up a lot of space and is difficult to handle, which slows down market expansion even more.
Most firms' increased investments in biodegradable electrostatic discharge packages are expected to provide additional investment opportunities for the global ESD packaging industry. Biodegradable packages are less expensive and light in weight, but they are still in the experimental stage and take time to gain market acceptance.
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Typically, most electrical products get damaged due to the generation of static electricity in them. It is also noticed that around 33% of electrical devices are damaged due to the absence of suitable packaging solutions. Moreover, increasing usage of electrostatic discharge (ESD) packaging in the electrical and electronics industry for ESD-prone components drives the electrostatic discharge (ESD) packaging market and this trend is likely to continue during the forecast period.
The semiconductor and PCB industry is witnessing significant expansion which is a prominent application for electrostatic discharge (ESD) packaging. PCBs and semiconductors are highly sensitive components, which need to be handled very carefully with effective electrostatic discharge (ESD) packaging. Furthermore, the ability of most electronic devices to resist rapid temperature change is limited, due to their small size. Electrostatic discharge (ESD) packaging is the ideal protective packaging solution for the packaging of ESD-prone electrical and electronics components.
Rise in Export of Information and Communication Technology Goods Driving Market in China
As per FMI, China is projected to hold around 60% of the East Asia electrostatic discharge (ESD) packaging market by the end of 2032 and further accelerate at a steady growth rate during the assessment period.
Growth in China’s electrostatic discharge packaging market is fueled by rapid production and sales of electronics, a rise in the export of electronic devices, and the strong presence of leading manufacturers. Similarly, the expanding information and communication technology goods industry in China is projected to fuel the demand for electrostatic discharge (ESD) packaging.
According to the United Nations Conference on Trade and Development (UNCTAD), China is one of the leading exporters of ICT goods. In 2021, the ICT goods export in China stood around USD 857 billion. This is gradually making China one of the attractive markets for electrostatic discharge (ESD) packaging and the trend is likely to continue during the forecast period.
Rising Spending on Developing and Upgrading Military Defence Systems Pushing Demand in India
India electrostatic discharge (ESD) packaging market is anticipated to register a CAGR of 6.3% during the forecast period of 2022 to 2032. The rapid expansion of packaging industry, growing usage of electronic devices across various industries, and the increasing focus on protecting sensitive electronics during transportation are the vital factors driving the electrostatic discharge packaging market in India. Similarly, rising military spending and expenditure in the country further push the demand for electrostatic discharge packaging solutions during the forecast period.
As per the data of the All-India Association of Industries (AIAI), the expenditure on the military and defence sector has significantly increased in India during the last few years. It announced a defense budget of around USD 67.4 billion from 2020 to 2021.
India is spending a high amount on military defense systems and this trend is likely to continue during the forthcoming years, creating lucrative growth opportunities for the electrostatic discharge (ESD) packaging market.
ESD Bags Continue to Remain Highly-sought After Product Type in the Market
Based on product type, the electrostatic discharge (ESD) bags segment is estimated to account for around 30% of the market value share by the end of 2022. This can be attributed to the rising preference for flexible electrostatic discharge (ESD) packaging including ESD bags, across various end-use industries, owing to their reusability & recyclability features. Thus, the growing adoption of ESD bags across various industries for protecting electronic products from damage due to electronic discharge plays a key role in expanding the global electrostatic packaging market during the forecast period.
Most of the ESD Packaging Demand arises from Electrical & Electronics Sector
Based on end-user base, the electrical & electronics segment continues to dominate the global electrostatic discharge packaging market during the forecast period, owing to the rising production and sales of electronic components and devices along with the increasing need for protecting these products during shipping and transportation.
As per FMI, the electrical & electronics segment is anticipated to grow 1.6 times the current market value during the forecast period. The reason behind the same is increasing sales of various electrical & electronic devices which propel the demand for protective packaging including electrostatic discharge (ESD) packaging.
Key players are focusing on expanding their product portfolio by launching innovative and sustainable electrostatic discharge (ESD) packaging solutions. They are also concentrating on increasing their presence by adopting a merger & acquisition or collaboration strategy.
Some Key Developments by the Leading Players
Conductive Container Inc (CCI) is a global leader in ESD packaging. Headquartered in New Hope, Minnesota, CCI was established in 1978. The company is specialized in various sectors like ESD (Electro-static Discharge) packaging, custom packaging, conductive fluted plastic, injection molding designs, and shadow boards.
It was the first company to use conductive corrugated packaging. The business has maintained its position as the top leading provider of electrostatic discharge packaging. The business has dealt with and resolved countless static problems over the years and has become very skilled at developing static control solutions for the challenges clients confront while moving circuit boards and components through production, handling, and shipping processes.
A unique solution that is specifically tailored to the product and handling condition is developed using the firms' ESD design and manufacturing knowledge. CCI has put in place a strict quality program that is compliant with ISO 9000. As the first product on the market, CORSTATTM has undergone the most rigorous testing and has consistently been shown to be a better static shielding package.
With pioneering concepts, CCI has been at the forefront of the ESD packaging market from the start. The most well-known brand in the sector is CORSTATTM, the conductive corrugated material that has a patent. The CORSTATTM and CortronicTM products from CCI are made entirely of recyclable corrugated material and are potentially resistant to electrostatic discharge.
Another key manufacturer and supplier of ESD packaging solutions are Protektive Pak. The Protektive Pak line has expanded to become one of the greatest collections of static-dissipative stock corrugated products in the world. The immaculate quality and service ensure that Protektive Pak is the benchmark by which other businesses are assessed. This is made possible by new inventive designs and an ever-expanding product line. To safeguard customers’ products against electrostatic discharge (ESD), physical harm, and shock damage, Protektive Pak's extensive line of ESD material handling and packaging devices has become the perfect choice.
Protektive Pak manufactures ESD Packaging Solutions such as conductive Plastek products, thermoforming, and ESD foams. Desco Industries, Inc. (DII) purchased the Protektive Pak brand of ESD containers and material handling in 2002 from Brick Container Corporation.
ELCOM has swiftly grown to become a prosperous producer and distributor of static control solutions. Quality has always been a priority at ELCOM. The organization provides clients with a selection of services and goods that is unmatched. The business offers competitive prices as well as a free consulting service where it recommends the finest goods for your needs.
The company's static shielding and static dissipative ESD bags are meant to be tiny and compact, making them excellent choices for small component components. Antistatic bags are created to be simple to package and transport, in contrast to certain alternative ESD solutions that can be huge and cumbersome. They are hence perfect for storage and transportation purposes.
Attribute | Details |
---|---|
Market Size Value in 2023 | USD 2.0 billion |
Market Size Value at End of Forecast (2033) | USD 3.3 billion |
Market Analysis | USD billion for Value |
Key Region Covered | North America; Latin America; Europe; South Asia; East Asia; The Middle East & Africa; Oceania |
Key Segments | By Product Type, By Material & Additive Type, By Application, By End-user Base, By Region |
Key Companies Profiled | Smurfit Kappa Group; DS Smith plc; Sealed Air Corporation; Pregis LLC; ACHILLES CORPORATION; DESCO Industries Inc.; STOROPACK HANS REICHENECKER GMBH; Nefab Group; Teknis Limited; Kiva Containers; Delphon Industries, LLC; Elcom Ltd.; Protective Packaging Corporation; GWP Group; Transcendia Inc.; International Plastic Inc.; Auer Packaging; Botron Company Inc.; Dou Yee Enterprises (S) Pte Ltd.; Edco Supply Corporation |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The market is valued at USD 2.0 billion in 2023.
The market is estimated to secure a valuation of USD 3.3 billion in 2033.
Through 2033, the market is projected to continue to expand at a CAGR of 5%.
Electrostatic discharge (ESD) bags segment accounts for 30% of the market share.
It is anticipated that China is set to account for 60% of the East Asian electrostatic discharge (ESD) packaging market.
The market grew at a HCAGR of 5.3% from 2018 to 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Bags 5.2. Trays 5.3. Clamshell 5.4. Shrink Films 5.5. Boxes & Containers 5.6. Tapes & Labels 5.7. Foams 5.8. Totes/IBC 5.9. Racks 5.10. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Electrical & Electronic Component 6.2. Equipment 6.3. Explosive Powders 6.4. Drugs 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-user 7.1. Electrical & Electronics 7.2. Automobile 7.3. Defence & Military 7.4. Aerospace 7.5. Healthcare 7.6. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Smurfit Kappa Group 16.2. DS Smith plc 16.3. Sealed Air Corporation 16.4. Pregis LLC 16.5. Nefab Group 16.6. Teknis Limited 16.7. Kiva Containers 16.8. Delphon Industries, LLC 16.9. Elcom Ltd. 16.10. Protective Packaging Corporation 16.11. GWP Group 16.12. Transcendia Inc. 16.13. International Plastic Inc. 16.14. Auer Packaging 16.15. Botron Company Inc. 17. Assumptions & Acronyms Used 18. Research Methodology
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