Most of the consumers as well as manufacturers today are concerned about the impact of packaging on the environment due to the rising awareness of environment protection. This raising awareness for use of biodegradable bubble wrap is also driving the growth of the market.

Competitive Analysis

Similarly, 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.

Segmental Analysis

The global Bubble Wrap for Packaging market is segmented based on product and application.

On the basis of product, the high-grade bubble wraps segment is expected to dominate the market as it consists of stronger bubbles that help in cushioning the products and provide high amount of security during transportation.

Based on application, the e-commerce segment is expected to dominate the global market, owing to the constantly growing automotive industry, as it ensures protection against damages and provides safe working conditions for handlers by adequately packaging all mechanical or automotive parts.

Regional Analysis

Geographic analysis of the global Bubble Wrap for Packaging market spans across North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa.

The growing e-commerce and automotive industry along with the rising demand for consumer goods are anticipated to raise the demand for Bubble Wrap for Packaging in the region. In 2018, the regional market was valued at USD 2,093.3 million, which is expected to reach USD 3,425.8 million by 2025 with a 7.62% CAGR during the forecast period.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry.

Key Competitors

The key players of global Bubble Wrap for 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)