-- Bubble Wrap Packaging Market 2019
Description: -
Generally, bubble wrap packaging is a type of protective packaging, which is comprised 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 delicate goods. The global bubble wrap packaging market is expected to witness substantial growth during the forecast period. The call for bubble wrap packaging is anticipated 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 clients switch over from the old-fashioned methods of shopping. The strong consumer demand for a wide variety of products and the convenience of different kinds of goods, drive the growth of online shopping.
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The Global Bubble Wrap Packaging Market is expected to reach a market size of USD 12,299.2 Million by 2025 and develop at 7.84% CAGR during the prediction period. In May 2019, Sealed Air opened Singapore lab to provide thermal package design and examination to the region’s life sciences and food productions. It will enable expertise in primary food packaging, secondary product packaging, and its digital services portfolio to provide end-to-end temperature guarantee solutions for product safety and dependability throughout the supply chain. Today customer electronics is the top-trading category due to an increase in the number of online electronics models. The electronics industry is constantly evolving with new events. Such factors drive the market for bubble wrap packaging market. Moreover, there has been a constant increase in income levels in upgrading nations, which results in high non-refundable income among people, which is the opportunity for the market. Nevertheless, the availability of alternative packaging’s such as foam packaging and recycled paper that are comparatively cost-efficient and eco-friendly may hamper the global bubble wrap packaging market.
Listed Key Players
The projected onlookers in the Global Bubble Wrap Packaging Market are companies like Barton Jones Packaging Ltd. (US), Veritiv Corporation (US), Sealed Air Corporation (US), Pregis Corporation (US), Smurfit Kappa (Ireland), IVEX Protective Packaging Inc (US), Automated Packaging System (US) nd Jiffy Packaging Co. (UK).
The report published on the global Bubble Wrap Packaging market is a comprehensive analysis of the various factors that either positively or negatively affect market growth. The report also introduces the market and gives a basic overview of the Bubble Wrap Packaging market along with the scope of the different products that are manufactured. The Bubble Wrap Packaging market is divided into several smaller market segments and the market share for each of the different market segments for the base period from the year 2019 to the year 2024 is presented in detail in the report along with an analysis of the various factors.
Drivers and Risks Factors
Various market factors and their effect on the global Bubble Wrap Packaging market are discussed and are identified. New technologies that are being increasingly used in the Bubble Wrap Packaging market to boost the production and manufacturing rate have been listed and are included in the report. The market share occupied by Bubble Wrap Packaging product is analyzed after comprehensively evaluating the market share according to the value of the units produced and the volume of products manufactured at the plant. Inherent growth factors that are crucial to the market growth rate for the base period from the year 2019 to the year 2024 have been presented in the report.
Regional Description
There are different market segments that the global Bubble Wrap Packaging market has been divided into. These different segments include those based on their location in the globe. The location of each region plays a major role in the market segmentation. The various regions that have been covered in the report include North America, Asia-Pacific, South America, Europe, the Middle East, and Africa. The market share of the product/service offered in these regions is comprehensively analyzed. The market share has been predicted for the forecast period from the year 2019 to the year 2024.
Research Methodology
The data used to compile the Bubble Wrap Packaging market report is a result of collating the data from several sources of information and after extensive market research. The data that has been collected is subjected to the SWOT analysis that is used to identify different strengths and weaknesses that a company has. The opportunities that can be exploited to accomplish a variety of purposes and finally the threats that the company faces either from other competitors or due to insufficient innovation. An analysis of the different forces that comprise Porter’s Five Forces Model is also included.
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Table of Contents - Major Key Points
1 Executive Summary
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
6 Market Factor Analysis
7 Global Bubble Wrap Packaging Market, by Product
8 Global Bubble Wrap Packaging Market, by Application
Continued….
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