Bubble Wrap Packaging Market Research Report - Global Forecast till 2027

Global Bubble Wrap Packaging Market: Information by Product (High-Grade Bubble Wraps, General Grade Bubble Wraps, Temperature Controlled Bubble Wraps, Limited Grade Bubble Wraps and others), Application (E-commerce, Automotive and Allied Industries, Consumer Goods, Pharmaceutical, Food and Beverages, Personal Care and others) and Region - Forecast to 2027

ID: MRFR/PNT/1264-CR | September 2019 | Region: Global | 174 pages

Please note that the assessment period of report has been updated from (2019-2025) to 2020-2027. Cordially fill the sample form for updated data.

Overview:

The Global Bubble Wrap Packaging Market is expected to reach a market size of USD 12,299.2 Million by 2025 and expand at 7.84% CAGR during the forecast period.

Bubble wrap packaging is majorly a form of protective packaging, which is composed of a two-layer polyethylene film. This film is being entrapped with air inside to form a bubble. It facilitates easy storage and production of fragile goods. The global bubble wrap packaging market is expected to witness substantial growth during the forecast period. The demand for bubble wrap packaging is expected to be driven by an increase in online shopping, growth of the electronics industry, and the availability of biodegradable bubble wrap. The benefits of online shopping such as faster delivery, easier return policies, and free shipping, have made many customers switch from the traditional methods of shopping. The strong consumer demand for a wide variety of products and the availability of different kinds of goods, drive the growth of online shopping. Today consumer electronics is the top-selling category due to an increase in the number of online electronics models. The electronics industry is continuously evolving with new developments. Such factors drive the market for bubble wrap packaging market.

However, the availability of alternative packagings such as foam packaging and recycled paper that are relatively cost-effective and eco-friendly may hamper the global bubble wrap packaging market.

Moreover, there has been a steady increase in income levels in developing nations, which results in high disposable income among individuals, which is the opportunity for the market.

Segmentation:

The global bubble wrap packaging market is segmented based on product and application. Based on product, the bubble wrap packaging market is segmented into high-grade bubble wraps, general grade bubble wraps, temperature-controlled bubble wraps, limited grade bubble wraps, and others. The high-grade bubble wraps segment is dominating the market, as it consists of stronger bubbles that help in cushioning the products and provide high amount of security to hold them in place during transit.

Based on application, the global bubble wrap packaging market is segmented into e-commerce, automotive and allied industries, consumer goods, pharmaceutical, food and beverages, personal care, and others. The e-commerce segment is expected to dominate the market, owing to the constantly growing automotive industry, as it helps reduce damages and ensure safe working conditions for handlers by adequately packaging all mechanical or automotive parts.

Regional Analysis:

Region-specific analysis of the bubble wrap packaging market spans across North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa.

Global Bubble Wrap Packaging Market, by Region, 2018

Source: MRFR Analysis

Asia-Pacific is anticipated to lead the bubble wrap packaging market during the study period, followed by North America, owing to increased growth in e-commerce and automotive industry. Over the years, it is being observed that the region is emerging as a global automotive hub. It has become a major consumer and supplier of automobiles.

The e-commerce sector is one of the most critical sectors in the economy in Asia-Pacific. According to Asian Development Bank (ADB), Asia-Pacific is the fastest growing region in the global e-commerce marketplace, accounting for the largest share of the world’s business-to-consumer e-commerce market. By the end of 2015, the size of e-commerce relative to gross domestic product was 4.5% in Asia-Pacific. The booming e-commerce and automotive industry along with the rising per capita disposable income drives the demand for bubble wrap packaging market in the region.

Synopsis:

The global bubble wrap packaging market has been segmented based on product, application, and region.

Based on product, the global market is segmented into high-grade bubble wraps, general grade bubble wraps, temperature-controlled bubble wraps, limited grade bubble wraps, and others. The high-grade bubble wraps segment is expected to dominate the bubble wrap packaging market due to the advantages it offers, such as stronger bubbles, which help in cushioning the products. Moreover, it also provides high security to hold products in place during the shipment.

Key Competitors:

The key players of global bubble wrap packaging market are Veritiv Corporation (US), Sealed Air Corporation (US), Jiffy Packaging Co. (UK), Pregis Corporation (US), Smurfit Kappa (Ireland), Barton Jones Packaging Ltd. (US), IVEX Protective Packaging Inc (US), and Automated Packaging System (US).

In May 2019, Sealed Air opened Singapore lab to provide thermal package design and testing to the region’s life sciences and food industries. It will enable expertise in primary food packaging, secondary product packaging, and its digital services portfolio to provide end-to-end temperature assurance solutions for product safety and consistency throughout the supply chain.

In June 2018, Sealed Air Corporation signed an agreement with Kuraray America, Inc. (Kuraray), a Japanese chemical company to offer food packaging materials derived from its Plantic bio-based resins. This solution will enable the company to provide renewable packaging option and continue helping the industry address food waste by extending the shelf-life and freshness of food.

Market Segmentation

By Product – High-Grade Bubble Wraps, General Grade Bubble Wraps, Temperature Controlled Bubble Wraps, Limited Grade Bubble Wraps, and Others.

By Application – E-commerce, Automotive and Allied Industries, Consumer Goods, Pharmaceutical, Food and Beverages, Personal Care, and Others.

Key Questions Addressed by the Report

What was the historic market size (2018)?

Which segmentation (Product/ /Application) is driving the market?

What will be the growth rate by 2025?

How are the key players in this market?

What are the strategies adopted by key players?

NOTE : BUBBLE WRAP® is a registered trademark of Sealed Air Corporation

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

12 List Of Tables

TABLE 1 MARKET SYNOPSIS 12

TABLE 2 GDP PER CAPITA IN DEVELOPING NATIONS (USD) 23

TABLE 3 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 29

TABLE 4 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 32

TABLE 5 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 35

TABLE 6 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY REGION, 2020-2027 (USD BILLION) 37

TABLE 7 NORTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 38

TABLE 8 NORTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 38

TABLE 9 NORTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 39

TABLE 10 NORTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 39

TABLE 11 U.S.: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 40

TABLE 12 U.S.: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 40

TABLE 13 U.S.: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 41

TABLE 14 CANADA: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 41

TABLE 15 CANADA: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 42

TABLE 16 CANADA: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 42

TABLE 17 EUROPE: BUBBLE WRAP PACKAGING MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 43

TABLE 18 EUROPE: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 44

TABLE 19 EUROPE: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 44

TABLE 20 EUROPE: BUBBLE WRAP PACKAGING MARKET, BY APPPLICATION, 2020-2027 (USD BILLION) 45

TABLE 21 GERMANY: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 45

TABLE 22 GERMANY: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 46

TABLE 23 GERMANY: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 46

TABLE 24 U.K.: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 47

TABLE 25 U.K.: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 47

TABLE 26 U.K.: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 48

TABLE 27 FRANCE: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 48

TABLE 28 FRANCE: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 49

TABLE 29 FRANCE: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 49

TABLE 30 SPAIN: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 50

TABLE 31 SPAIN: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 50

TABLE 32 SPAIN: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 51

TABLE 33 ITALY: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 51

TABLE 34 ITALY: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 52

TABLE 35 ITALY: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 52

TABLE 36 REST OF EUROPE: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 53

TABLE 37 REST OF EUROPE: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 53

TABLE 38 REST OF EUROPE: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 54

TABLE 39 ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 55

TABLE 40 ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 55

TABLE 41 ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 56

TABLE 42 ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 56

TABLE 43 CHINA: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 57

TABLE 44 CHINA: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 57

TABLE 45 CHINA: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 58

TABLE 46 JAPAN: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 58

TABLE 47 JAPAN: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 59

TABLE 48 JAPAN: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 59

TABLE 49 INDIA: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 60

TABLE 50 INDIA: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 60

TABLE 51 INDIA: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 61

TABLE 52 REST OF ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 61

TABLE 53 REST OF ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 62

TABLE 54 REST OF ASIA-PACIFIC: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 62

TABLE 55 ROW: BUBBLE WRAP PACKAGING MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 63

TABLE 56 ROW: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 63

TABLE 57 ROW: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 64

TABLE 58 ROW: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 64

TABLE 59 SOUTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 65

TABLE 60 SOUTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 65

TABLE 61 SOUTH AMERICA: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 66

TABLE 62 MIDDLE EAST & AFRICA: BUBBLE WRAP PACKAGING MARKET, BY MATERIAL, 2020-2027 (USD BILLION) 67

TABLE 63 MIDDLE EAST & AFRICA: BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 67

TABLE 64 MIDDLE EAST & AFRICA: BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 68

13 List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR 15

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 17

FIGURE 3 DRIVERS AND RESTRAINTS OF GLOBAL BUBBLE WRAP PACKAGING MARKET 19

FIGURE 4 TOTAL REVENUE COMPARISON BETWEEN AMAZON & EBAY, 2020-2027 (USD MILLION) 20

FIGURE 5 GLOBAL ELECTRONICS MARKET, BY COUNTRY, 2020 (USD MILLION) 21

FIGURE 6 GROWTH DRIVERS: IMPACT ANALYSIS 21

FIGURE 7 GROWTH BARRIERS: IMPACT ANALYSIS 22

FIGURE 8 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL BUBBLE WRAP PACKAGING MARKET 24

FIGURE 9 GLOBAL BUBBLE WRAP PACKAGING MARKET SIZE, BY MATERIAL, 2020-2027 (USD BILLION) 29

FIGURE 10 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY PRODUCT, 2020-2027 (USD BILLION) 32

FIGURE 11 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 35

FIGURE 12 GLOBAL BUBBLE WRAP PACKAGING MARKET, BY REGION, 2020-2027 (USD BILLION) 37

FIGURE 13 MARKET SHARE ANALYSIS, BY KEY PLAYERS 2020, (IN %) 69

FIGURE 14 MARKET SHARE ANALYSIS, BY TIER 1 PLAYERS 2020, (IN %) 70

FIGURE 15 SEALED AIR CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 71

FIGURE 16 SEALED AIR CORPORATION: GEOGRAPHIC REVENUE MIX, 2020 (%) 72

FIGURE 17 VERITIV CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 74

FIGURE 18 VERITIV CORPORATION: GEOGRAPHIC REVENUE MIX, 2020 (%) 75