The sales of conductive bags are projected to rise at a CAGR of 5.9% during the forecast period. The conductive bags market size is estimated to be valued at USD 2,250.59 million in 2023, and likely to be appraised at USD 3,992.64 million by 2033.
Today’s packaging is an innovation-driven industry, and conductive bags static shielding work well for packaging and storing products. These bags are efficient to protect the packaging of products. Hence, the demand for conductive bags is generated by end-users to adopt safety measures for electronic products in recent years.
Electrically conductive bags entered all aspects of customers, and new technologies like the Internet of Things (IoT) are emerging.
According to a survey conducted by Japan Electronics & Information Technology (JEITA) in 2017, the global electronics & information technology market stood at USD 2,610 billion in 2016, expanding by 4% yearly. Further, the rising demand for conductive bags is expected to propel the electronics industry.
Various industries are adopting onductive electronic bags to prevent explosions and accidents because of electrostatic discharge consequences. Moreover, the sales of conductive bags is rising to transport explosive, electric, and chemical goods in recent years.
China is a dominating country to supply electronic goods all around the globe directly fueling the conductive bags industry's growth in recent years.
| Report Attributes | Details |
|---|---|
| Conductive Bags Market Value (2023) | USD 2,250.59 million |
| Conductive Bags Market Anticipated Value (2033) | USD 3,992.64 million |
| Conductive Bags Projected Growth Rate (2023 to 2033) | 5.9% |
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The growing regulatory environment and safety concerns are pushing electronics industry manufacturers to increase the adoption of conductive bags. Consumer awareness regarding safety has also driven the demand for conductive bags.
The static electricity created on the surfaces of other goods while filling and discharging can damage sensitive electronic devices. These are the key factors providing opportunities for the key players in the conductive bags market.
Conductive bags have resistance in the range of 103 Ohms to 108 Ohms. These bags are manufactured using metalized coatings such as aluminum, which is likely to bear electric flow as it is produced using polyethylene (PE) and other conductive agents.
Sometimes, it may create sparks and lead to serious outcomes when hazardous, flammable chemicals, oils, or explosives are around. The growing semiconductor industry is the key factor driving the conductive bags industry share during the forecast period.
Manufacturers are regularly comparing anti-static vs. conductive bags to provide better products to the end users. Conductive bags have resistance in the range of 103 Ohms to 108 Ohms. These bags are manufactured using metalized coatings such as aluminum, which is likely to bear electric flow as it is produced using polyethylene (PE) and other conductive agents.
The conductive bags market has been segmented based on the region into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific is a chief region in the conductive bags market share during the forecast period.
The Asia Pacific is expected to be a significantly growing market due to the growing consumption of electronic devices being a dominating region. Matured markets like China and South Korea dominate as leading countries that consume a huge number of conductive bags for electric and chemical products in the region.
The automation and robot industries are available in China due to well-established infrastructure, and large factories are likely to rise the adoption of conductive bags in the country. Also, the high skilled labor, low labor cost, high technology, and government support are rising the demand for conductive bags for the security of the products.
North America is expected to be a significantly growing region in the conductive bags industry, holding 20% of the share during the forecast period. The rising health equipment, the chemical industry, automobiles, and the semiconductor industry are propelling the conductive bags industry's growth in the region further.
The United States is the leading country that is growing notably in conductive bag production due to the presence of several prominent players in the region. Additionally, increasing explosions due to transporting of electronic and semiconductor products are driving the conductive bags market opportunities in the region. The key drivers contributing to this fact are growing infrastructure development, irrigation, and battery production activities in recent years.
Start-up Companies Advance Preparations in the Conductive Bags Market
The startups in the conductive bags industry are developing several conductive bags like black conductive poly bags, conductive plastic bags, conductive fabric bags, and conductive bulk bags. However, it is widely consumed by several industries for its appliances and products.
The material which is used to produce these bags is hazardous to the environment and hence, startups are making toxic-free conductive bags for the end-user industries to protect their goods as well as the eco-system in recent years.
Startups are innovating different sizes of conductive bags to fix the products by key manufacturers from different industries. Here are given a few startup companies to know about their unique technology.
Top Start-ups in the Conductive Bags Market
| Start-ups | Developments |
|---|---|
| Ionomer | The Ionomer is a Canadian-based start-up that develops polymer-based ion-conductive substances for advanced energy depots, fuel cells, and on-site chemical recuperation. The start-up provides high ionic potential and long life. It is eco-friendly and low per unit cost. |
| Ligna Energy | Ligna Energy is a Swedish-based start-up company developing a process that combines organic polymers, water-based electrolytes, and biopolymers including lignin, carbon, and cellulose. These allow fossil-free energy and minimize the gloomy life cycle clash. |
The presence of several key players all around the region is expanding their unique ideas to upsurge the conductive bags industry. They acquire various marketing tactics to upsurge the market. These marketing tactics include mergers, partnerships, collaborations, and product launches.
Recent Developments in the Conductive Bags Industry
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 5.9% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Material Type, End User, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; The Middle East and Africa |
| Key Countries Profiled | The United States, Canada, Brazil, Argentina, Germany, The United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
| Key Companies Profiled | Intertape Polymer; Four Star Plastics Inc; Suzhou Star New Material Co. Ltd; Pera Plastic; ELCOM (United Kingdom) LTD; Kinetic Polymers; Polyplus Packaging Ltd; USA Poly Pack; International Plastics Inc; Aristo Flexi Pack |
| Customization | Available Upon Request |
The market is expected to thrive at a 5.9% CAGR through 2033.
In 2023, the market is predicted to be worth USD 2,250.59 million.
By 2033, the market is estimated to attain USD 3,992.64 million.
The rising regulatory environment and safety concerns compel manufacturers in the electronics industry to accelerate usage.
The regulatory environment's ambiguity is a significant role in the market's delayed growth.
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Conductive Bags Market
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