Electrostatic discharge packaging is a type of flexible packaging used for transportation and storage of electronics products. Electrostatic discharge packaging is used for products like integrated circuits which can break down if exposed to high voltage. The demand for ESD packaging is expected to grow owing to the rising utilisation of electronic products across the globe. The growing demand for electronic products such as smartphones, smart watches etc is anticipated to propel the market growth. Further, government regulations regarding packaging of electronics products for imports and exports is projected to positively influence the ESD packaging market during the forecast period. The ESD packaging market has been segmented on the basis of products, application, end-user and geography. In the basis segment bags is expected to hold a significant share. In the application segment the electronic components are anticipated to drive the market for ESD packaging owing to the rising import and export of electronics components coupled with strict regulations regarding packaging of the same. Geographically Asia-Pacific is projected to witness a substantial growth in the upcoming years on account of rising consumer demand for electronic products.
DRIVERS
Rising Electronics Industry
Government regulations regarding packaging of electronic components
RESTRAINTS
Cyclic nature of semiconductor industry
Some of the major players profiled in the Electrostatic discharge packaging market include DS Smith PLC, Desco Industries Inc., Pregis LLC, Achilles Corporation, NEFAB Group, Botron Company Inc., International Plastics Inc., Dou Yee Enterprises (S) Pte Ltd. Pure-Stat Engineered Technologies.
Segmentation
The Electrostatic discharge packagingmarket has been analyzed through the following segments:
Containers
Trays
Bags
Tapes
Others
By Application
Electronic components
Equipment
Hazardous Powder
By End User
Electronics
Automotive
Defense & Military
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others