ANTI-STATIC PACKAGING MATERIALS MARKET ANALYSIS

Anti-Static Packaging Materials MarketSize and Trends

Market Dynamics

Increasing demand for anti-static packaging material among the consumers due to its applications in electronics industry is expected to be a major factor driving growth of the global anti-static packaging materials market over the forecast period. Anti-static packaging material are used in electronic products to prevent build-up of static charge.

Market Outlook

• Among product type, anti-static bag segment held a significant market share in the global anti-static packaging materials market in 2017, owing to increasing demand for its applications in electronics industry. Major application of anti-static bag is packaging. Computer components and items of a similar nature can be easily damaged by static discharge. Anti-static bags and poly film are used for the additional coverage of a new surface to maintain a static-free environment for electronic products.
• Asia Pacific is expected to be the fastest growing region in the global Anti-static packaging materials market over the forecast period due to increasing demand for anti-static packaging material in pharmaceutical industry in Asia Pacific region. Anti-statics bag ensure that there is no electrostatic charge present inside the bag used for packaging of bulk drugs manufactured by the pharmaceutical industries. Also, these bags are lightweight and have high load bearing capacity. According to India Brand Equity Foundation (IBEF), the pharmaceutical sector in India accounted for 2.4% of the global pharmaceutical industry in terms of value in 2017, and is expected to expand at a CAGR of 12.89% during 2015 to 2020.