ESD Bags Market - Size, Share, Trends, and Forecast to 2026

ESD Bags Market - Size, Share, Trends, and Forecast to
2026
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.
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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.
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
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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.