Electrostatic discharge packaging market is anticipated to grow at a CAGR of 8.0% during the forecast period. The increasing application of electrostatic discharge packaging among end-user industries such as military, electronics, manufacturing, and healthcare is driving the growth of the market. An electrostatic discharge packaging is designed to promote the direct flow of electricity causing zero damage to the material inside. In electronics devices, electrostatic discharge packaging reduces static electricity and protects electro-sensitive devices or products that contain inflammable gases.  However, in integrated circuits, electrostatic discharge packaging causes contact damage, burnouts, and interface damage. The cost of electrostatic discharge packaging is more expensive compared to other goods such as anti-static bags, and a few rub-off carbon black packaged products, which hinders the market growth. 

Moreover, the key major market players such as Goplasticpallets, Digi-Key Corp., and Elcom Ltd. are adopting various strategic moves such as partnerships, mergers and acquisitions, product launches, and collaborations, to remain competitive in the market.  For instance, in December 2021, Goplasticpallets added a new range of plastic containers that have electrostatic discharge (ESD) properties to its popular automotive range. The new containers are molded from premium-grade polypropylene copolymer electrostatic discharge (PP ESD) and protect sensitive devices from static discharge during handling, storage, and shipping. Available in five different sizes, the new RL-KLT ESD boxes offer an ideal storage and transport solution for electronic and automotive parts.  Hence, owing to its wide application and benefits, the global electrostatic discharge packaging has witnessed significant growth during the forecast period.  

Segmental Outlook 

The global electrostatic discharge packaging market is segmented based on product type, application, and material & additive type. Based on product type, the market is segmented into bags, trays, clamshells, shrink films, boxes & containers, and tapes & labels. Based on application, the market is bifurcated into electrical & electronic components and equipment. Based on material & additive type, the market is segmented into conductive & dissipative polymers, metal, and additives.  Based on material & additive type, the conductive & dissipative polymers segment is expected to witness considerable growth during the forecast period.  Conductive & dissipative polymers allow electric charges to flow slowly through the material and reduced the energy output to prevent electronic discharge.   Conductive & dissipative polymers are used among various end-user verticals such as workstations, benches, and countertops to avoid injury, accidental damage, or some other issue relating to the buildup of static electricity. Moreover, new product launches will further support the market growth. For instance, in August 2019, RTP Co. expanded its line of conductive compounds to include new CCX Conductive Masterbatches, setting a new standard for safe, productive, and reliable solutions for environments that are prone to electrostatic discharge (ESD).  This is formulated with four distinct additive technologies, stainless steel fiber, carbon nanotubes, carbon black, and PermaStat dissipative polymer technology. This compound provides uniform dissipative performance, full colorability, and even transparency in some resins while retaining or even enhancing the impact performance of the base resin.  Hence, owing to its benefits, and expansion made by the market player, boost the growth of conductive and dissipative polymers in coming years. 

Regional Outlook

The global electrostatic discharge packaging market is further segmented based on geography including North America (The US and Canada), Europe (UK, Italy, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa and Latin America). The European region is expected to witness considerable growth during the forecast period. The rising demand for smartphones, established IT infrastructure, and the presence of automobile manufacturers are some factors that are encouraging market growth in the region. According to the International Council on Clean Transportation, in 2020, new car registrations in the EU and the UK were 11.7 million. Almost 6?% of all new car sales were battery vehicles in 2020, while hybrid electric vehicles and PHEVs each accounted for about 5?% of the market. Electrostatic discharge packaging provides the packaging of circuit boards that are inserted in the vehicles.  Therefore, significant production and sales of vehicles are driving the growth of the market in the region. 

North American electrostatic discharge packaging market is mainly driven by the large production of electronic devices which requires these packaging to keep them safe, along with the rapidly growing automotive industry that needs electrostatic discharge packaging for transporting products safely from one place to another.  For instance, according to US International Trade Commission, the value of US domestic exports of electronic products was $13.1 billion in 2019, and reach $146.5 billion in 2020.  Moreover, as per the Observatory of Economic Complexity (OEC), in 2020, the US exported $47.6 billion in automobile vehicles, and become the 3rd largest exporter of automobiles in the world. In addition, the fastest-growing export markets for automobile vehicles in the US between 2019 and 2020 were Nigeria $1.5 billion, followed by South Korea $537 million, and Chinese Taipei $137 million. The rising number of exports of automobiles along with safe and secure packaging offered by electrostatic discharge is expected to boost the market growth in the North American region. 

Global Electrostatic Discharge Packaging Market Growth, by Region 2021-2028

Market Players Outlook

The major companies serving the global electrostatic discharge packaging market include BASF SE, Desco Industries, DuPont de Nemours, Inc., and TIP Corp., among others. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in March 2020 Integra Technologies announced a partnership with Presto Engineering to locate its San Jose, Calif. facility, to Integra Technology's Milpitas location. Current and new customers will benefit from the joint companies' combined and expanded reliability, electrostatic discharge (ESD) laboratory and RF wafer sort services, housed in a newly-constructed Class 1000 clean room area. The transition was completed in February 2020. 

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global electrostatic discharge packaging market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future. 
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.