>Global Bubble Wrap Market, By Product (Bubble Sheets, Bubble Bags/Mailers), Material (LDPE, HDPE, LLDPE), Type (High-Grade Bubble Wraps, General Grade Bubble Wraps, Temperature Controlled Bubble Wraps, Limited Grade Bubble Wraps, Others), End- Industry (Manufacturing and Warehousing, E- Commerce, Logistics and Transportation), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Bubble Wrap Market
The bubble wrap market is expected to witness market growth at a rate of approximately 8.10% in the forecast period of 2022 to 2029. Data Bridge Market Research report on bubble wrap market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid urbanization globally is escalating the growth of bubble wrap market.
Bubble wrap refers to the transparent plastic material that is utilized for wrapping things so that it can protect them from getting damaged. The material is usually used as a protective packaging that consists of a polyethylene film of two layers. They are generally produced with the help of materials including low-density polyethylene, high-density polyethylene and linear low-density polyethylene.
The increase in online shopping across the globe acts as one of the major factors driving the growth of bubble wrap market. The rise in the innovation and advancement in the bubble wrapping by manufacturers, and surge in concerns among the e-commerce players towards the safety of the product accelerate the market growth. The rise in the merger and acquisition to support new demands and, rise in awareness regarding benefits of online shopping such as faster delivery, easier return policies, and free shipping further influence the market. Additionally, increase in knowledge about preventive packaging, growth in awareness, change in consumer preference and increase in the number of online electronics models positively affect the bubble wrap market. Furthermore, launch of temperature-controlled bubble wraps, and high-grade bubble wraps extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, availability of alternative packaging such as foam packaging and recycled paper that are relatively cost-effective and eco-friendly is expected to obstruct the market growth. The environmental concerns are projected to challenge the bubble wrap market in the forecast period of 2022-2029.
This bubble wrap 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, geographical expansions, technological innovations in the market. To gain more info on bubble wrap 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 Bubble Wrap Market Scope and Market Size
The bubble wrap market is segmented on the basis of product, material, type and end- industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the bubble wrap market is segmented into bubble sheets and bubble bags/mailers.
- On the basis of material, the bubble wrap market is segmented into low-density polyethylene, high-density polyethylene and linear low-density polyethylene.
- On the basis of type, the bubble wrap market is segmented into high-grade bubble wraps, general grade bubble wraps, and temperature controlled bubble wraps, limited grade bubble wraps and others.
- On the basis of end- industry, the bubble wrap market is segmented into manufacturing and warehousing, e- commerce and logistics and transportation. The manufacturing and warehousing segment is divided into pharmaceutical, electronics and electricals, automotive and allied industries, food and beverage, cosmetics and personal care and other such as agriculture, healthcare and other.
Bubble Wrap Market Country Level Analysis
The bubble wrap market is analyzed and market size, volume information is provided by country, product, material, type and end- industry as referenced above.
The countries covered in the global bubble wrap 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, Israel, Egypt, South Africa, 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.
Asia-Pacific dominates the bubble wrap market due to the increased growth in e-commerce and automotive industry within the region. North America is expected to witness fastest growth during the forecast period of 2022 to 2029 because of the presence of consumer and supplier of automobiles within the region.
The country section of the bubble wrap 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 Bubble Wrap Market Share Analysis
The bubble wrap 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 bubble wrap market.
Some of the major players operating in the bubble wrap market report are Sealed Air, Pregis LLC., JIFFY PACKAGING, iVEX Protective Packaging Inc., NEFAB GROUP, STOROPACK HANS REICHENECKER GMBH, manuli packaging, Polycell., Aaditya Enterprises., Packman Packaging Private Limited, Paras Polymers., Rudrapriya Packaging Private Limited., Qualpack Ltd, Bubble Pack., and Orion Pack Art, among others.
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