Adhesive Bubble Wrap: Market Outlook
The growing demand witnessed in the e-commerce and the pharmaceutical sector has resulted in worldwide acceptance of adhesive bubble wrap as a safe and cost-effective packaging solution. Made up of transparent plastic material adhesive bubble wrap has consistent air-filled hemispheres which are primarily used to protect the product while transiting. The sticky adhesive enables to stick to the product being packaged by eliminating the use of tape. Also, this type of packaging is easily removable, leaves no residue and are highly durable in nature.
The retail industry along with the booming electronics & electricals industry has been constantly driving the demand up for bubble wrap packaging to enhance the safety of high-value products.
What Are Major Drivers For Adhesive Bubble Wrap Market?
The significant rise of online shopping and rising demand of reducing wastage or damage to the product while shipping it from one destination to other, makes adhesive bubble wrap a solution to all those transportation problems. The factor driving the global adhesive bubble wrap market for upcoming years will be the ease of wrapping odd-shaped surface with the help of adhesive protective packaging for various applications.
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Which Factors Are Hindering Growth of Adhesive Bubble Wrap Market?
The adhesive bubble wraps are made up of plastics, but plastic is a material harming the environment, which negatively impacts the demand for bubble wraps. Also, the various stringent laws by governments across the globe to restrict or limit the usage of plastics hamper the growth of bubble wraps.
What are the upcoming opportunities for the Adhesive Bubble Wrap Market?
The increasing usage of bubble wraps in shipping various types of gift items, to save it from the robust atmosphere as well as external pressure. Usage of adhesive bubble wraps in pharmaceutical applications of safekeeping high-value drugs & chemicals used in medical applications is set to boost the demand for adhesive bubble wraps in volumes for the upcoming period.
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Key Market Players of Adhesive Bubble Wrap Market:-
- FROMM Packaging Systems Inc.
- Omniverse Foster Packaging Group
- Free-Flow Packaging International
- Pregis Corporation
- Polyair Inter Pack Inc.
- Automated Packaging Systems, Inc.
- Inflatable Packaging, Inc.
- Sealed Air Corporation
- Veritiv Corporation
- Jiffy Packaging Co.
- Tarheel Paper and Supply Company
- Future Packaging and Machinery Ltd
- Barton Jones Packaging Ltd.
- iVEX Protective Packaging Inc.
- Abco Kovex Ltd
How China and India Are Important to The Global Adhesive Bubble Wrap Market?
The countries of China and India are going to dominate the adhesive bubble wrap market globally due to increased penetration of e-commerce and the internet in the regions, along with the rising purchasing power of the people. Both these countries being the largest consumer economies are set to push the global adhesive bubble market upwards by keeping their dominance in consumption and production combined.
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What will be the impact of the U.S. on The Global Adhesive Bubble Wrap Market?
The US has been a pioneer of e-commerce as well as the consumer goods business right from the beginning, so the rising electronics & electricals industry along with the pharmaceutical industry will contribute to the exponential growth of the adhesive bubble wrap market over the forecasted period. The rising consumer preferences for hassle-free and safe packaging will boost the demand for bubble wrap as a packaging solution.
Which Industries of Germany Will Contribute To Growth of Adhesive Bubble Wrap Market?
The staggering automotive and personal care industry, along with the booming e-commerce industry will be key to the growth of the adhesive bubble wrap industry in the German market. But the stringent laws of the ban on single-use plastics and limiting usages by the European Union may hamper the growth of bubble wraps in Germany.
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How Covid-19 Pandemic Affected the Global Adhesive Bubble Wrap Market?
During the outbreak of deadly virus all over the world, only production and shipping of essential items were allowed during the lockdown throughout the world. But the e-commerce business recorded the maximum growth during the whole world force to shop from home, due to the risk of contamination. Also, the pharmaceutical industry was in boom due to high demand for medical supplies as well as equipment, for all these end-user industries adhesive bubble wrap acted as an optimum packaging solution.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Global Adhesive Bubble Wrap Market Segmentation:-
Segmentation based on material:-
Segmentation based on end use:-
- Electronics & electricals
- Food & Beverages
- Cosmetics & Personal Care
- Automotive & allied industries
- Others (agriculture, healthcare)
Segmentation on basis of region:-
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
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