The packaging industry has been undergoing drastic changes owing to the changing nature of end user industries. Technological advancements in nearly every end user sector along with integration of Internet of Things is changing the nature of packaging.
In addition, product innovation in electric appliances is leading to innovation in electric packaging. Moreover, manufacturers of packaging now have more opportunities to package different products. Safety of electric appliances is another factor propelling the sales of ESD foldable packaging container market.
To ensure safety of electric appliances, manufacturers are using ESD foldable containers especially while transporting the product. Electronic companies along with logistics companies are relying on ESD foldable containers to maintain the safety of the product and increase its shelf life.
As electronic products are made of different components, the exposure to external weather has the potential to harm the products. This has led to an urgent need for ESD foldable containers across the globe.
Future Market Insights states that the multiple benefits of ESD Foldable containers is positively influencing the demand for the same. Prevents frictional contracts or static electricity between two or more electronic objects. Use of polymers or conductive materials ensures safety of electric components.
Ensures safety of electric components that reduces the chances of damage of electric products. The increasing launches of products in nearly all end user industries that range from kitchen appliances to components of machineries is shaping the landscape of ESD foldable container market.
Moreover, manufacturers of electric appliances along with logistics company are researching and understanding the possible hassles faced while shipping electric products. Thus, the use of ESD foldable containers is expected to increase in the upcoming years.
With sustainability being at the forefront of the packaging industry, the use of ESD foldable containers is expected to increase owing to the use of the same.
Over 33% of the electrical and electronic devices such as PCBs, Semi-Conductors and equipment’s are damaged from static electricity which is generated due to frictional contacts or electrostatic induction between two electrically charged objects.
In order to protect the devices from static damage manufacturer of packaging are progressively focusing on producing ESD protected packaging products. ESD foldable container is one such form of ESD packaging which is exceedingly used for protection against static electricity.
The market value of electrical components across the globe accounts for nearly US$ 3.7 trillion of which a negligible quantity of the devices is ESD protected. Thus the market for ESD foldable container is expected to witness an immense growth over the forecast period.
Moreover, ESD foldable container is made of polymer, conductive material, and additives which over the year’s manufacturer are engaged in incessant technological and material development which has rendered in reducing manufacturing and operational cost. Further increasing production of components and devices across APEJ market is fuelling the growth of ESD foldable containers.
The manufacturers operating in ESD foldable containers market are increasingly focusing on investing in machinery which has enabled increasing output production. But on the flip side, the additives used in manufacturing ESD foldable containers are predominantly carbon black chemical which damages the mechanical properties of devices stored inside the ESD foldable containers.
Thus manufacturers are increasingly opting for alternative chemical additives which aid in complete product protection from static electricity. Also, manufacturers of ESD foldable container are peeking for sustainable use of packaging material such as corrugated paper ESD. Furthermore, all such factor is expected to directly propel the growth for ESD foldable containers market over the forecast period.
The global ESD foldable container market is monopolized across the region of APEJ with countries of ASEAN, China, and India account for a major percentage of market share in terms of value which is expected to showcase a sustainable growth over the forecast period. With the region of North America and Western Europe are anticipated to account a huge chunk of share in the global ESD foldable containers market.
Some of the key players operating in the global ESD foldable container market are Stakrak Ltd., Conductive Containers, Inc., AUER Packaging, ELCOM (UK) Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Globally, the ESD foldable container market is segmented into application type, material and additive types, end user base. On the basis of application type ESD foldable containers market is sub-segmented into electrical & electronic component, equipment, explosive powder, drugs and other.
Furthermore, the electrical and electronic component is categorized into printed circuits boards (PCB), semi-conductors, screens and other components. Additionally, equipment is categorized into diagnosis equipment, therapeutic equipment and other equipment.
On the basis of material and additive type the global ESD foldable container market is segmented into polymers, metal and additive types. Besides polymers is sub-segmented into acrylonitrile butadiene styrene (ABS), polyethylene (PE), polypropylene (PP), polyamide (PA), styrene acrylonitrile (SAN) and others.
Further metal is sub-segmented into aluminum, steel, tin, copper and others. Based on additive types the global ESD foldable container market is sub-segmented into carbon black, ethylene bis stearamide, lauric diethanolamide, glycerol esters, ethoxylated amines, carbon nanotube, ethoxylated sorbitan ester and others.
On the basis of end user base the global ESD foldable container market is sub-segmented into electrical and electronics, automobile, defense & military, manufacturing, aerospace, healthcare and others.
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ESD Foldable Container Market
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