The conductive bags market is forecasted to develop at a  5.9% CAGR  over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of  US$ 2,250.59 million  in 2023.

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.

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Top Highlights from FMI’s Analysis of the Conductive Bags Market

  • South Korea’s conductive bags industry is expected to present significant opportunities to the market players.
  • Manufacturers are looking out for economies like Mexico, where cheap labor is available in plenitude.
  • Increasing utilization of electronics in Japan is providing key players with considerable opportunities for expansion in the country.
  • Countries in Asia like India and China are likely to display significant markets for conductive bags in the upcoming years.
  • Australia has a potential for significant expansion over the forecast period. Consequently, it attracts several market players in the country.

New  Turn of Events: Latest Developments Dictating Market Evolution 

  • EcoCortec revealed a first-ever compostable, biodegradable, and static-dissipative bags and films in January 2021. EcoCortec is an anticorrosion and bioplastic packaging bags and film manufacturer in Croatia. The Eco-Corr Film ESD product introduced by the firm offers a sustainable packaging solution. The product has several industrial uses, like telecommunications, packaging, static-sensitive electronics, and electric cars.
  • Cortec Corporation is a chemical company that offers corrosion protection solutions. The company introduced EcoSonic VpCI-125 HP anti-static bags and film that consist of corrosion-inhibiting materials ideal for protecting multi-metal products in November 2020. Bags and films substitute traditional rust preventatives like desiccants and oils. The product has a prolonged shelf life and includes permanent anti-static properties as long as the bags or films are in use, irrespective of the presence of humidity.
  • Transcendia obtained Purestat Engineered Technologies, the manufacturer of electrostatic dissipative (ESD) active packaging solutions, in March 2019. This development is expected to broaden Transcendia’s product line to incorporate multi-layer barrier bags, laminates, and films to cater to the high-value market applications in energy, electronics, medical, aerospace, and food.

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Key Segmentation

By Product Type:

  • Plain
  • Tubing
  • Grid
  • bubble

By Material Type:

  • Aluminum-coated
  • PE

By End User:

  • Automobile & mechanical industry
  • Semiconductors & electronics industries
  • Pharmaceutical equipment industry
  • Electrical industry

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • The Middle East and Africa
  • Europe

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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