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Global Antistatic Packaging Materials Market 2021: By Material Type (Anti-Static Bag, Anti-Static Sponge, Anti-Static Grid, Others), By Industry (Electronics Industry, Chemicals Industry, Pharmaceuticals Industry, Others), By Sales Channel (Direct Channel, Distribution Channel)Global Antistatic Packaging Materials Market is an exhaustive market research report in the process of being completed at Trusted Business Insights. A wide variety of factors and scenarios, as well as trends and related factors are being analyzed and studied in depth. Critical data and information is being presented in a well-planned manner, flow, and format in the report. In addition to revenue share of each segment, region and country, revenue growth driving factors, restraints, opportunities and threats in developed and developing economies as well as untapped regions and economies are to be included. In the company profile section, details of key players comprising financials and revenues, product and operating segment revenue and information, recent developments, strategies, and acquisitions and mergers etc., are include.
OverviewAnti-static packaging materials are designed specifically to ensure no static electricity is generated within the package containing electronic components. Electrostatic discharge can potentially damage electronic components and devices and such materials ensure this can be avoided to a significant extent. Anti-static bags, anti-static sponges, anti-static grids etc., are different variants of anti-static packaging materials. Anti-static packaging materials include Polyethylene Terephthalate (PET) and this material is available in distinctive colors such as silver, pink, and black. Electronic devices are packaged in different types of anti-static bags and materials that include metallized PET film bags, polyethylene bubble wrap etc. Anti-static packaging is primarily used in the electronics industry, and for packaging some volatile chemical products in the chemicals industry as well. Certain pharmaceutical products are also required to be packaged in anti-static packaging.
Global Anti-Static Packaging Materials Market: DynamicsDrivers: Some materials have the ability generate and discharge potentially damaging electrical charges. When this happens, there is a probability that the purity of the material can be compromised or contaminated to some extent. Such electrical charge discharges affect level of contamination, content of moisture, physical form such as surface roughness) and various other factors. Increasing use of smart and advanced devices and equipment and rising trend of the Internet of Things, as well as automation and digitization trends globally is resulting in the development and introduction of more hi-tech technologies and devices and components. Demand for anti-static packaging has been witnessing a rapid and very inclined shift, as demand for smart connected devices continues to grow. Anti-static bags are also used for packaging of bulk drugs, are lighter in terms of weight as compared to solid containers and other materials, and also have high durability under stress and pressure. Restraints: Among some of the primary factors projected to restrain market growth is volatility of raw materials required to produce anti-static packaging materials, especially in developing economies. Existing and new entrants in the target market can focus on developing and introducing new, more easily available and cost-effective anti-static packaging materials so as to enable reduction of cost of end product, as well as to open up new high-potential revenue opportunities in the global market. Currently, anti-static bags are on high demand and use, especially in the electronics industry, and this demand continues to incline rapidly and steadily owing to increasing demand for various components and devices, which is in parallel to demand for more connected and communications devices. In addition, this trend is expected to continue well into the foreseeable future.
Global Anti-Static Packaging Materials Market Regional Analysis:The anti-static packaging materials market in Asia Pacific is projected to continue to account for fastest Compounded Annual Growth Rate (CAGR) as compared to markets in other regions. This is attributed to countries in region witnessing major population growth, growing demand for electronics devices, connected technologies, rising penetration of high-speed Internet connectivity and infrastructure, and rising disposable income and spending. The market in North America is projected to continue to account for highest revenue share over the forecast period, with this growth primarily driven by contribution from the US and Canada. The market in Europe is also expected to account for significant growth over the forecast period.
Below are the leading companies profiled in this Antistatic Packaging Materials Market Report:
Chapter 1 Methodology and Scope