Packaging has become a dynamic constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards a wide usage of bags. Moreover, food products, health supplements and electronic components are some of the things that have observed improvements regarding demand over the last few years and are more easily available due to an effective packaging solution. Anti-static bags are one of the effective packaging solutions that provides all the features related to high performance during transportation & storage and provide moisture, corrosion and shielding protection for sensitive products and components. Most of the anti-static bags are lay flat or gusseted in nature and are available in different sizes and can be individually custom-made to the size and transportation to meet the product or customer precise needs. These anti-static bags are available as zip top, heat sealed or a combination of both.
Anti-Static Bags Market- Market Segmentation:
The global anti-static bags market can be segmented on the basis of product type, packing type, material type and end use type. On the basis of product type, anti-static bags market can be segmented into static shielding bag, and poly anti-static polythene bags. Anti-static bags are used for electronic components, whereas as poly anti-static bags are suitable for food and health care supplements. On the basis of packing type, anti-static bags market can be segmented into zip top bags, open top bags, tubing, sheeting, gusseted cover bags, heat seal bags and others. Where in zip top bags are re-usable in nature due to re-close feature. On the basis of material type, anti-static bags market can be segmented into dissipative polyethylene, laminate polyester, laminate nylon, and foil. On the basis of applications anti-static bags market can be segmented into electronics, pharmaceuticals and chemicals.
Anti-Static Bags Market- Market Dynamics:
One of the important factors contributing towards the growth of anti-static bags market is the increasing preference for electronics, consumer durables and smartphone accessories on the backdrop of rising disposable income among the working population. Moreover, another factor towards the growth of anti-static bags is, it maximizes the protection of electrostatic and sensitive components from potential electrostatic hazards. Another key factor towards the growth of anti-static bags market is the increasing modern retail outlets due to its vast flexibility and increasing disposable income among consumers globally. Another factor that is fueling the growth of anti-static bags market is the increasing demand for pharmaceutical product and medicine through e-commerce channel. Furthermore, the rise in the usage of the electronic component in the key industrial sectors is another factor contributing towards the growth of anti-static bags market. However, government regulation towards the use of plastic is expected to hamper the growth of anti-static bags market. Moreover, the high cost of moisture barrier anti-static bag packaging is considered as another restraining factor towards the growth of anti-static bags market.
Anti-Static Bags Market- Regional Outlook:
Geographically, the anti-static bags market can be segmented into North America’s anti-static bags market, Latin America’s anti-static bags market, Europe’s anti-static bags market, Asia-Pacific anti-static bags market and Middle East & Africa’s anti-static bags market. The growth of global anti-static bags market is expected to witness a healthy CAGR over the forecast period of 2016-2024. Moreover, Asia-Pacific is expected to witness a high growth of anti-static bags market due to the impressive growth in the sales of consumer electronic goods. The demand of the anti-static bags market is expected to witness an above average growth in North America due to the higher adoption of anti-static bags for commercial and industrial use.
Anti-Static Bags Market- Major Players:
Some of the major players identified across the globe in the Anti-Static Bags market are Katzke Paper Co., Protective Packaging Corporation, Digi-Key Corporation, IMPAK Corporation, 3M Company, Texas Technologies Inc., Dou Yee Enterprises (S) Pte Ltd, Teknis Limited, Advantek, Inc., , and Hisco, Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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