The global electrostatic discharge (ESD) packaging industry generated $3.5 billion in 2021, and is anticipated to generate $7.1 billion by 2030, witnessing a CAGR of 8.31% from 2022 to 2030 .
Allied Market Research published a report, titled, "Electrostatic Discharge (ESD) Packaging Market by Product Type (Bags, Trays, Boxes Containers, ESD Foam, ESD Films, Others), by End-user (Network and Telecommunication Industry, Consumer Electronics Computer Peripheral, Automotive Industry, Military and Defense, Healthcare, Aerospace, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030".
Access Full Summary Report: https://www.alliedmarketresearch.com/electrostatic-discharge-esd-packaging-market-A16831
Prime determinants of growth
ESD packaging is secure for packing electronic items and keeping them safe, which is expected to drive the growth of the global electrostatic discharge (ESD) packaging market. However, high cost of the packaging material restricts the market growth. On the other hand, rise in demand for these packages from various end-use sectors such as defense and military, automotive, healthcare, industrial, and aerospace presents new opportunities in the coming years.
Leading Market Players:
- Smurfit Kappa Group
- PPG Industries, Inc.
- TIP Corporation
- Conductive Containers Inc.
- Elcom (UK) Ltd.
- Tandem Equipment Sales Inc.
- Global Statclean Systems
- Desco Industries
- DowDuPont
In addition, supply chain disruption, labor shortages, raw material shortages, and other obstacles inhibited the manufacturing of electrical devices.
