Electrostatic Discharge Packaging Market Size

Electrostatic Discharge Packaging Market size was valued at USD 2 Billion in 2023 and is predicted to cross USD 5.3 Billion by the end of 2036, expanding at more than 6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of electrostatic discharge packaging is assessed at USD 2.12 Billion.

The ESD packaging market is anticipated to expand significantly as a result of technological advancements since more electronic components and gadgets are becoming vulnerable to electrostatic discharge. According to the International Energy Agency, with an average of more than 1.3 televisions in every home with access to power, there are currently close to 2 billion televisions in use. More than half of the world's population has a mobile phone subscription, and there are already more than 5.5 billion external power supplies connected to various electronic gadgets. Therefore, the growing use of electronic gadgets is driving the growth of the electrostatic discharge (ESD) packaging market.