ESD Bags Market - Size, Share, Trends, and Forecast to 2026
Last Update: Tuesday, February 5, 2019 : 11:25 (+4GMT)
ESD (Electrostatic Discharge) bags such as anti-static bags, metallized bags, and conductive bags are used for storing electronic component, which are prone to damaged caused by Electrostatic Discharge (ESD). It is made from plastics such as Polyethylene Terephthalate (PET) and polyethylene. The bags have three distinctive colors: silvery for metallized film and pink or black for polyethylene. ESD bags are used to prevent electrostatic damage of electronic items during transportation. Electrostatic discharge (ESD) is the sudden flow of electricity between two electrically charged objects caused by contact, an electrical short, or dielectric breakdown.
Get a PDF Sample of Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/2268
Rapid growth in packaging industry is one of the major factors driving growth of the global ESD bags market. For instance, according to India Brand Equity Foundation, (IBEF), the Indian packaging industry was valued at US$ 17.3 billion 2011 and it was increased by 27.8 billion in 2014 with a witnessing CAGR of 14.9%. Anti-stats bags are used in various industries such as electronics, chemicals, and pharmaceuticals. These bags prevent electronic devices from electrostatic discharging (ESD) that may occur during movement or shipping of these devises.
However, growing environmental concerns regarding plastic pollution is a major factor hindering growth of the global ESD bags market. According to the United Nations Environment Programme (UNEP), around 322 million tons of plastic was produced in 2015 globally. Moreover, according to a study published in the journal Science Advances, in June 2017, around 8.3 billion metric tons of plastic was manufactured, of which 6.3 billion metric tons was converted into plastic waste and only 9% was recycled globally.
The global ESD bags market was valued at US$ 339.90 Million in 2017 and is expected to register a CAGR of 6.9% in terms of revenue, over the forecast period (2018 – 2026), to reach US$ 601.48 Million by 2026.
Among product type, anti-static bag segment held a significant market share 47% in the global ESD bags market in 2017, owing to increasing demand for its applications in electronics industry. Major application of anti-static bag is packaging of electronic products. Computer components and items of a similar nature can be easily damaged by static discharge. Anti-static bags are used to maintain a static-free environment for electronic products.
North America held significant market share in 2017, owing to increasing use of devices such as mobile phones, tablets, and laptops. Increasing use of these devices is expected to propel demand for ESD bags such as anti-static bags for packaging electronic components and devices in order to protect from mechanical and electrostatic damage. Furthermore, according to the U.S. General Services Administration, in 2015, around 378 million tablets and smartphones were in use in the U.S. Moreover, according to Consumer Technology Association (CTA), unit volume shipping of smartphones in the U.S. is expected to increase by 2% to reach 189 million in 2018, while revenue is expected to increase by 3% to reach US$ 62.9 billion in 2018 in the U.S.
Get More Information @ https://www.coherentmarketinsights.com/market-insight/esd-bags-market-2268
Major players operating in the global ESD bags market include, 3M Company, Miller Packaging, Protective Packaging Corporation, Digi-Key Electronics, Daklapack Group, Dou Yee Enterprises (S) Pte Ltd., Advantek, Inc., Teknis Limited, Edco Supply Corporation, Naps Polybag Co, Katzke Paper Co, Statclean Technology (S) Pte Ltd, Elcom Ltd., and Electrotek Static Controls Pvt., Ltd.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
PR Submited on DubaiPRNetwork.com
- Fresh Skin, Glazed Brows: Benefit Cosmetics Has Your Spring Beauty Mood Covere... [2309-Views]
- Beauty Spring Cleaning with Benefit Cosmetics!... [1684-Views]
- Lucky Day Draw Records Second Grand Prize Win as Nepalese Player Claims AED 30... [1350-Views]
- 'Make it a Dubai Summer' with the Most Value-Packed Edition Ever of DSS: Enjoy... [1172-Views]
- EU261 Reform Misses the Mark on Delays and Competitiveness... [1098-Views]
- Emirati AI Experts Prepare to Lead Implementation of UAE AI Strategy 2031... [1035-Views]
- Incredible Savings, Limited Time: Dubai's 3-Day Super Sale Returns This May wi... [1032-Views]
- Eid in Dubai: A Spectacular Citywide Line-Up of Cultural Experiences, Entertai... [979-Views]
- ãÌãæÚÉ ÇáÎáíÌ áÇÓÊÑÌÇÚ ÇáÃãæÇá ÇÓÊÑÏÇÏ ÎÓÇÆÑ ÇáÊÏÇæá ÈÎÈÑÉ ... [977-Views]
- UAE Participates in EBRD Board of Governors Meeting and Reaffirms Support for ... [962-Views]
- Ministry of Finance Unveils UAE's First Sovereign Retail T- Sukuk Investment O... [929-Views]
- Riyadh Air Opens Ticket Sales for Daily Service between Dubai, UAE and Riyadh,... [894-Views]
- Danube Properties Expands UK Presence with New London Office, Eyes Wider Europ... [867-Views]
- 12th Annual Autism Forum advances inclusive practices and collaboration across... [865-Views]
- Extreme Heat and Common Everyday Habits May Be Quietly Straining Your Kidneys,... [850-Views]
- Mohammed Bin Rashid Library Emphasises Role of Families in Building Children's... [839-Views]
- Emirati Developer GAF Property Shapes a New Residential Experience with Flow25... [830-Views]
- Under the directives of Mohammed bin Rashid Dubai Humanitarian facilitates se... [805-Views]
- Sports Coordination Council discusses sports representation framework, governa... [800-Views]
- Etihad Rail Supports the Fishing Sector through the Rail Transport of Fresh Fi... [786-Views]





