The global conductive bags market is segmented into product type such as conductive poly bags, conductive pouches, conductive bubble bags, zipper conductive bags, poly tubing and others. Among these segments, zipper conductive bags segment is expected to witness robust growth over the forecast period. Further, reusable features of zipper conductive bags and higher convenience for packaging of small electric devices are major factors which are envisioned to drive the growth of this segment over the forecast period. Furthermore, availability of numerous sizes of these bags is also expected to fuel the growth of this segment in upcoming years.
Global conductive bags market is expected to thrive at a considerable CAGR over the forecast period. The global conductive bags market is expected to grow on the back of rapid industrialization across the globe. Rising adoption of conductive bags for packaging and transportation of electronic products is the key factor which is likely to augment the growth of global conductive bags market during the forecast period.
The semiconductor & electronics industry segment by end use industry is likely to grow at remarkable pace during the forecast period. Increasing concerns amongst the industries regarding safety is has led industries to adopt conductive bags. Furthermore, semiconductor & electronics industries are adopting conductive bags for packaging and transportation of semiconductor & electronic products to avoid any explosion or accidents.
Increasing Demand for Consumer Electronic Products
Rapid industrialization in developing countries and increasing consumption of consumer electronics products such as radio receivers, television sets, MP3 players, video recorders, DVD players, digital camera and others are major factors which may bolster the demand for conductive bags over the forecast period.
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Increasing Transportation Activities
Higher chances of explosion with bulk transportation of electronics products and increasing transportation of consumer electronic goods are anticipated to bolster the growth of market over the forecast period. Further, China is a major exporter of consumer electronic goods and transport good to nearly all regions. This factor is also predicted to enhance the growth of market in upcoming years.
Although, lack of stringent government rules regarding use of conductive bags for packaging of electronic and highly explosive goods and availability of other packaging solution are some of the factors that are likely to inhibit the growth of the conductive bags market in the near future.
The report titled “Global Conductive bags Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global conductive bags market in terms of market segmentation by product type, by material, by end-use industry and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global conductive bags market which includes company profiling of FIPCO Filling & Packaging Materials Manufacturing CO., Tyoga Container Company, Inc., Four Star Plastics, EDCO, Purestat Engineered Technologies, Riverside Paper Co. Inc., Minigrip, Shaxon Industries, Inc., Pregis Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global conductive bags market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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