Global Bubble Lined Courier Bag Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 964.16 Million |
Market Size (Forecast Year) |
USD 1,402.94 Million |
CAGR |
|
Major Markets Players |
Global Bubble Lined Courier Bag Market, By Product Type (Polypropylene (PP), Polyethylene (PE), High density Polyethylene (HDPE), Low density Polyethylene (LDPE) and Others), End User (Consumer Goods, Healthcare, Cosmetic and Personal Care, Food and Beverages, Electrical and Electronics and Others) – Industry Trends and Forecast to 2029.
Bubble Lined Courier Bag Market Analysis and Size
With the rising number of products introduced in the market on a daily basis, one has to follow a proper mechanism to transport the product from the manufacturer to the end-user. Packaging is the most important of all the other functions. One such packaging innovation is the bubble lined courier bag packaging solution. Major benefits of bubble lined courier bag include convenient, cost-efficient, lightweight, safer distribution, customizable and innovative properties. Еthух Ѕоlutіоnѕ, Еuрhоrіа Расkаgіng LLР, ЅРР Роlу Расk Рvt Ltd and РАС Wоrldwіdе Іnс., are some major players operating in this market.
Data Bridge Market Research analyses that the bubble lined courier bag market value, which was USD 964.16 million in 2021, is expected to reach the value of USD 1,402.94 million by 2029, at a CAGR of 4.80% during the forecast period. "Low density Polyethylene (LDPE)" accounts for the largest product type segment in the bubble lined courier bag market owing to the growth and expansion of various end user verticals, especially in the world's developing economies. The bubble lined courier bag market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Market Definition
Bubble lined courier bags are the packaging solutions that are used in packaging of fragile, expensive and valuable materials and products. The insides of the bubble lined courier bags are made up of soft materials that provide high resistance against external pressures. The bubble lined courier bags provide light protection to the products and stored materials when in transition. The bubble lined courier bags are largely used by the e-commerce platforms and courier companies. The bubble lined courier bags are available in convenient sizes and have very high tearing strength.
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
USD 1,402.94 million by the year 2029 and CAGR of 4.80% |
Segments Covered |
Product Type (Polypropylene (PP), Polyethylene (PE), High density Polyethylene (HDPE), Low density Polyethylene (LDPE) and Others), End User (Consumer Goods, Healthcare, Cosmetic and Personal Care, Food and Beverages, Electrical and Electronics and Others) |
Countries Covered |
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. |
Market Players Covered |
Ethyx Packaging Solution (India), Euphoria Packaging LLP. (India), SPP Poly Pack (India), PAC Worldwide Corporation. (U.S.), Ethical Energy Petrochem Strategies Private Limited. (India), Sound Seal. (U.S.), Marudhara Polypack Pvt. Ltd. (India), MODI WRAPSTAR PVT. LTD. (India), Dev Sankalp Flexipack (India), JMP Holdings. (Australia), Sealed Air (U.S.), Pregis LLC. (U.S.), JIFFY PACKAGING (U.K.), iVEX Protective Packaging Inc. (U.S.), NEFAB GROUP (India), STOROPACK HANS REICHENECKER GMBH (Germany), Aaditya Enterprises. (India), Packman Packaging Private Limited (India), Paras Polymers. (India), and Orion Pack Art (India). |
Global Bubble Lined Courier Bag Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Growth in investment for research and development to carve way for innovations
The rising number of strategic market collaborations has led to the rise in funds to be allocated for the growth and development of advanced and automated packaging equipment/ machinery. Further, growth in the level of investment for research and development proficiencies would carve the way for innovations pertaining to such packaging solutions.
- Increased consumption of food globally to induce greater demand and supply in emerging nations
It is well known that the global population is rising at an unprecedented rate. Consequently, there is a huge rise in food and beverage items demand and inclination of consumers towards online shopping. Rising trend of consuming ready-to-eat meals especially in the western economies, is leading to the rise in demand for convenient packaging solutions. Bubble lined courier bag are water-resistant which has further propelled the growth rate of the market.
- Growth and expansion of end user verticals to present numerous opportunities for small scale businesses
Owing to the global economic rise, there is a huge scope of growth for the materials and packaging industry. Bubble lined courier bags are widely used for packaging of brittle products and due to its differentiating factors. The growth and expansion of various end user verticals such as food and beverages, healthcare, chemicals and others is directly proportional to the increasing demand for materials and packaging solutions.
Rising urbanization, modernization, and globalization drive market value growth. Surging development in the flexible packaging solution, growing technological advancements in the packaging equipment and technology to accommodate a diversified range of products, and increased e-commerce industry's proliferation are other market growth determinants. Furthermore, advancements in manufacturing technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, rising awareness about the benefits of flexible lid stock packaging solutions such as cost-effectiveness and increased product shelf-life will further expand the future growth of the market.
- Increased number of regulations to limit the scope of growth in the long run
Rising enforcement of stringent environmental regulations imposed on the industries regarding the packaging waste generated will create hindrances for the growth of the market. Also, stringent regulations on product approvals will narrow down the scope of growth for the market. Further, increased regulations imposed by the government on the application of plastic as a packaging material will yet again create hindrances.
- Supply chain disruptions will pose a threat to the unprecedentedly growing market demand
With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply of packaging solutions. Also, fluctuations in the prices of raw materials will prove to be a demerit for the market. Therefore, this will challenge the market growth rate.
Also, dearth of awareness in underdeveloped regions and large scale availability of alternatives will act as growth restraints for the market. Lack of strong infrastructural facilities in the backward economies and rising awareness about the availability of alternative and eco-friendly packaging solutions will also challenge the market growth rate.
This bubble lined courier bag 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 the bubble lined courier bag market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Bubble Lined Courier Bag Market
The recent outbreak of coronavirus has negatively impacted the market. Almost every sector has been grievously hit by the pandemic and affected the day-to-day work-related functions. As a result, the materials and packaging industry had to bear financial losses, therefore negatively impacting the market growth rate.
On the brighter side, the manufacturers are focusing on developing better products, keeping in mind the new market trends to fulfil consumer requirements in the post-pandemic phase. New technological advancements will further help to excel the availability of flexible lid stock packaging in the developing and emerging markets post pandemic.
Global Bubble Lined Courier Bag Market Scope
The bubble lined courier bag market is segmented on the basis of product type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Polypropylene (PP)
- Polyethylene (PE)
- High density Polyethylene (HDPE)
- Low density Polyethylene (LDPE)
- Others
On the basis of product type, the bubble lined courier bag market has been segmented into polypropylene (PP), polyethylene (PE), high density polyethylene (HDPE), low density polyethylene (LDPE) and others.
End User
- Consumer Goods
- Healthcare
- Cosmetic and Personal Care
- Food and Beverages
- Electrical and Electronics
- Others
On the basis of end user, the bubble lined courier bag market is segmented into consumer goods, healthcare, cosmetic and personal care, food and beverages, electrical and electronics and others.
Bubble Lined Courier Bag Market Regional Analysis/Insights
The bubble lined courier bag market is analysed and market size insights and trends are provided by country, product type and end user as referenced above.
The countries covered in the bubble lined courier bag 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.
Asia-Pacific dominates the bubble lined courier bag market because of the higher concentration of prominent, rising expenditure for research and development proficiencies, increasing standard of living, growing demand for convenient handling packaging solutions, surging urbanization, and rising personal disposable income.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Lined Courier Bag Market Share Analysis
The bubble lined courier bag 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 lined courier bag market.
Some of the major players operating in the bubble lined courier bag market are Ethyx Packaging Solution (India), Euphoria Packaging LLP. (India), SPP Poly Pack (India), PAC Worldwide Corporation. (U.S.), Ethical Energy Petrochem Strategies Private Limited (India), Sound Seal (U.S.), Marudhara Polypack Pvt. Ltd. (India), MODI WRAPSTAR PVT. LTD. (India), Dev Sankalp Flexipack (India), JMP Holdings. (Australia), Sealed Air (U.S.), Pregis LLC. (U.S.), JIFFY PACKAGING (U.K.), iVEX Protective Packaging Inc. (U.S.), NEFAB GROUP (India), STOROPACK HANS REICHENECKER GMBH (Germany), Aaditya Enterprises. (India), Packman Packaging Private Limited (India), Paras Polymers (India), and Orion Pack Art (India) among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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