Description
Bubble Wrap Packaging Market Analysis
Market Overview
The Bubble Wrap Packaging market industry is projected to enroll a remarkable CAGR of 8.1% during the figure time frame. The bubble wrap bundling market is developing quickly with the ascent sought after for customer products, for the most part, hardware is the key market driver improving market development.
The ascent popular for shopper merchandise has added to the development of the bubble wrap Packaging market. Bubble wrap is a sort of plastic bundling material that is generally utilized for padding and safeguarding items during transportation and capacity. With the expansion in web-based shopping and online business, there has been a huge ascent in the interest in bubble wrap bundling to safeguard delicate products during transportation.
The rising interest for defensive Packaging materials in different end-use businesses like food and refreshments, medical care, hardware, and buyer products. The developing prominence of web-based shopping and the rising interest in eco-accommodating and biodegradable bubble wrap materials as key patterns in the market.
Besides, the Coronavirus pandemic has likewise added to the development of the bubble wrap bundling market, as it has prompted an expansion in web-based business exercises and a flood popular for no problem at all bundling materials for fundamental merchandise and clinical supplies. Accordingly, such factors connected with Bubble Wrap Bundling have improved the Bubble Wrap Bundling market CAGR across the globe as of late.
Market Segmentation
The market segmentation for bubble wrap packaging is based on product and includes High-Grade bubble wraps, General Grade bubble wraps, Temperature Controlled bubble wraps, Limited Grade bubble wraps, and other goods. In terms of revenue, the High-Grade Bubble Wraps section dominated the Bubble Wrap Packaging market in 2022.
Consumer goods, pharmaceuticals, food and beverage, personal care, and other industries are included in the Bubble Wrap Packaging market classification based on application.
Regional Analysis
The Asia-Pacific region is one of the quickest developing markets for bubble wrap bundling, driven by the rising interest for defensive bundling materials in different end-use ventures like hardware, medical care, and online business. This can be credited to the quick development of these ventures in nations like China, India, Japan, and South Korea.
Europe’s Bubble Wrap Packaging market represents the third-biggest market share. There is a popularity for eco-accommodating defensive bundling and paper bubble wraps possess a significant portion of the market.
North America, Bubble Wrap Packaging market, is supposed to develop at the quickest CAGR by the end of the forecast period. The popularity of electronic things and bundled items including bundled foods produce huge interest in bubble wrap bundling. The more prominent entrance of online business organizations additionally compensates for the significant interest around here. Furthermore, the U.S. held the biggest market for Bubble Wrap Bundling followed by Canada.
Major Players
The key market players of the global wrap packaging market are Sealed Air Corporation, Veritiv Corporation, Pregis Corporation, Jiffy Packaging Co., Smurfit Kappa, IVEX Protective Packaging Inc, Automated Packaging System, Barton Jones Packaging Ltd., and others.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 DEFINITION 13
2.2 SCOPE OF THE STUDY 13
2.3 ASSUMPTIONS 13
2.4 MARKET STRUCTURE 14
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 15
3.2 PRIMARY RESEARCH 16
3.3 SECONDARY RESEARCH 16
3.4 MARKET SIZE ESTIMATION 16
3.5 FORECAST MODEL 18
4 MARKET DYNAMICS
4.1 DRIVERS 20
4.1.1 GROWING TREND OF THE ONLINE SHOPPING 20
4.1.2 RAPID GROWTH IN ELECTRONIC SECTOR 20
4.1.3 AVAILABILITY BIODEGRADABLE BUBBLE WRAP 21
4.2 IMPACT ANALYSIS 22
4.3 RESTRAINTS 22
4.3.1 AVAILABILITY OF OTHER ALTERNATIVE PACKAGING 22
4.4 IMPACT ANALYSIS 23
4.5 OPPORTUNITY 23
4.5.1 RISING INCOME LEVEL OF INDIVIDUAL IN DEVELOPING COUNTRIES 23
5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS 24
5.1.1 THREAT OF NEW ENTRANTS 24
5.1.2 BARGAINING POWER OF SUPPLIERS 24
5.1.3 BARGAINING POWER OF BUYERS 25
5.1.4 THREAT OF SUBSTITUTES 25
5.1.5 RIVALRY 25
5.2 VALUE CHAIN ANALYSIS 25
6 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY MATERIAL
6.1 INTRODUCTION 28
6.2 POLYETHYLENE 28
6.3 KRAFT PAPER 28
6.4 ALUMINUM FOIL 29
7 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY PRODUCT
7.1 INTRODUCTION 31
7.2 BUBBLE ROLLS 31
7.3 BUBBLE BAG 31
7.4 BUBBLE MAILER 31
7.5 OTHERS 31
8 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY APPLICATION
8.1 INTRODUCTION 34
8.2 AUTOMOTIVE 34
8.3 PHARMACEUTICAL 34
8.4 E-COMMERCE 34
8.5 ELECTRONICS 34
8.6 OTHERS 35
9 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY REGION
9.1 INTRODUCTION 38
9.2 NORTH AMERICA 39
9.2.1 U.S 41
9.2.2 CANADA 42
9.3 EUROPE 44
9.3.1 GERMANY 46
9.3.2 U.K. 48
9.3.3 FRANCE 49
9.3.4 SPAIN 51
9.3.5 ITALY 52
9.3.6 REST OF EUROPE 54
9.4 ASIA-PACIFIC 56
9.4.1 CHINA 58
9.4.2 JAPAN 59
9.4.3 INDIA 61
9.4.4 REST OF ASIA-PACIFIC 62
9.5 REST OF THE WORLD (ROW) 64
9.5.1 SOUTH AMERICA 66
9.5.2 MIDDLE EAST & AFRICA 68
10 COMPETITIVE SCENARIO
10.1 MARKET SHARE ANALYSIS 70
11 COMPANY PROFILES
11.1 SEALED AIR CORPORATION 72
11.1.1 COMPANY OVERVIEW 72
11.1.2 FINANCIAL OVERVIEW 72
11.1.3 PRODUCT/SERVICE OFFERING 73
11.1.4 STRATEGY 73
11.1.5 SWOT ANALYSIS 74
11.2 VERITIV CORPORATION 75
11.2.1 COMPANY OVERVIEW 75
11.2.2 FINANCIAL OVERVIEW 75
11.2.3 PRODUCT/SERVICE OFFERING 76
11.2.4 STRATEGY 76
11.2.5 SWOT ANALYSIS 77
11.3 PREGIS CORPORATION 78
11.3.1 COMPANY OVERVIEW 78
11.3.2 FINANCIAL OVERVIEW 78
11.3.3 PRODUCT/SERVICE OFFERING 78
11.3.4 STRATEGY 78
11.3.5 SWOT ANALYSIS 79
11.4 TARHEEL PAPER & SUPPLY COMPANY 80
11.4.1 COMPANY OVERVIEW 80
11.4.2 FINANCIAL OVERVIEW 80
11.4.3 PRODUCT/SERVICE OFFERING 80
11.4.4 STRATEGY 80
11.4.5 SWOT ANALYSIS 81
11.5 JIFFY PACKAGING CO. 82
11.5.1 COMPANY OVERVIEW 82
11.5.2 FINANCIAL OVERVIEW 82
11.5.3 PRODUCT/SERVICE OFFERING 82
11.5.4 STRATEGY 82
11.5.5 SWOT ANALYSIS 83
11.6 IVEX PROTECTIVE PACKAGING INC. 84
11.6.1 COMPANY OVERVIEW 84
11.6.2 FINANCIAL OVERVIEW 84
11.6.3 PRODUCT/SERVICE OFFERING 84
11.6.4 STRATEGY 85
11.7 BARTON JONES PACKAGING LTD 86
11.7.1 COMPANY OVERVIEW 86
11.7.2 FINANCIAL OVERVIEW 86
11.7.3 PRODUCT/SERVICE OFFERING 86
11.7.4 STRATEGY 86
11.8 AUTOMATED PACKAGING SYSTEM 87
11.8.1 COMPANY OVERVIEW 87
11.8.2 FINANCIAL OVERVIEW 87
11.8.3 PRODUCT/SERVICE OFFERING 87
11.8.4 STRATEGY 87
11.9 ABCO KOVEX LTD 88
11.9.1 COMPANY OVERVIEW 88
11.9.2 FINANCIAL OVERVIEW 88
11.9.3 PRODUCT/SERVICE OFFERING 88
11.9.4 STRATEGY 88
11.10 FUTURE PACKAGING AND MACHINERY (PTY) LTD 89
11.10.1 COMPANY OVERVIEW 89
11.10.2 FINANCIAL OVERVIEW 89
11.10.3 PRODUCT/SERVICE OFFERING 89
