Global Static Shielding Moisture Barrier Bags Market, By Thickness (0 - 4.0 Mil, 0 – 5.0 Mil, 0 – 6.0 Mil, 0 – 7.0Mil), Material (Aluminum Foil, Paper, Polyethylene (PE), Others), Product (Static Shielding, Poly Moisture Barrier Bags, Volatile Inhibitors), Application (Electro sensitive devices, Micro circuits, Printed Circuit Board, Explosive powder, Thin film resisters, Battery, Fuse, Transistors, Others), End Users (Electronics, Semiconductor, Personal care and cosmetics, Chemical, Pharmaceuticals, Others ), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Static Shielding Moisture Barrier Bags Market
Static shielding moisture barrier bags market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market will rise up to USD 644.7 by 2029 and to grow at a CAGR of 11.1% in the above-mentioned forecast period.
Static shielding moisture barrier bags are basically the bags that keep expensive electronic devices free form dust and static damage. They are flexible and opaque and is heat sealable and are highly reusable as they come with a re-closable zipper.
The factors such as the high usage of the bags in various sectors such as electronics, semiconductor, personal care and cosmetics, chemical, pharmaceuticals and others are driving the growth in the market value. Moreover, the adoption of environmental friendly packaging is increasing, which will increase the demand for static shielding moisture barrier bags as they are recyclable which further induce the demand for the market in the forecast period of 2022 to 2029. The availability of online retailing is projected to accelerate the growth of the market. In addition to this, these bags ideal choice for the preservation of raw ingredients like botanicals, seeds, butter, vegetable oils, and many more as the bags have low moisture vapor transmission and a low oxygen transmittal rate which are expected to boost the market value. However, the fragility quotient of the static shielding moisture barrier bags and piracy of drugs labelling will create hindrances for the market growth rate. They sometimes lose their static shielding properties, especially when highly crumpled, punctured or folded thus resulting in restricting the growth of the market.
The technological advancements such as the use of aluminized polymer which reduces the material cost and growing inclination of manufactures towards product generate profitable opportunities for the growth of the market in the forecast period of 2022 to 2029. The low demand for these bags from different industries, such as electronics and food, owing to the lockdown imposed by governments of many countries also results in generating various challenges for the market’s growth rate.
This static shielding moisture barrier bags market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on static shielding moisture barrier bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Static Shielding Moisture Barrier Bags Market Scope and Market Size
Static shielding moisture barrier bags market is segmented on the basis of thickness, material, product, application and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of thickness, the static shielding moisture barrier bags market is segmented into0 - 4.0 mil, 0 – 5.0 mil, 0 – 6.0 mil and 0 – 7.0mil.
- On the basis of material, the static shielding moisture barrier bags market is bifurcated into aluminum foil, paper, polyethylene (PE) and others.
- On the basis of product, the static shielding moisture barrier bags market is fragmented into static shielding, poly moisture barrier bags and volatile inhibitors.
- On the basis of application, the static shielding moisture barrier bags market is fragmented into electro sensitive devices, micro circuits, printed circuit board, explosive powder, thin film resisters, battery, fuse, transistors and others.
- On the basis of end users, the static shielding moisture barrier bags market is segregated into electronics, semiconductor, personal care and cosmetics, chemical, pharmaceuticals and others.
Static Shielding Moisture Barrier Bags Market Country Level Analysis
The static shielding moisture barrier bags market is analyzed and market size insights and trends are provided by thickness, material, product, application and end users as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the static shielding moisture barrier bags market and will continue to flourish its trend of dominance during the forecast period due to the increasing demand from electronic and semiconductor sectors, in the forecast period of 2022 to 2029. Asia-Pacific, on the other hand is projected to show lucrative growth due to the increase in disposable income and rapidly growing electronics, semiconductor, personal care and cosmetics, chemical, pharmaceuticals and other industries in the region which will boost the growth of the market.
The country section of the static shielding moisture barrier bags market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Static Shielding Moisture Barrier Bags Market Share Analysis
The static shielding moisture barrier bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to static shielding moisture barrier bags market.
Some of the major players operating in the static shielding moisture barrier bags market report are Action Circuits, Advantek, 3M, Protective Packaging Corporation, STATICO, Suzhou Star New Material Co., Ltd., JENSEN Tools, Edco Supply Corporation, Ahlstrom-Munksjö, Maco PKG, Extra Packaging, Gerresheimer AG, SGD Pharma and stoelzle among others.