Contrary to initial concerns, the corrugated bubble wrap market in the United States defied expectations and experienced a robust 10% year-over-year increase in 2021. This growth highlights the crucial role this packaging solution plays in protecting delicate items during transit, particularly within the booming e-commerce sector.
Thriving Through Innovation
The packaging industry constantly adapts to the evolving needs of manufacturers. The ever-increasing diversification of industrial demands has fueled innovations in packaging materials and solutions. Corrugated bubble wrap exemplifies this perfectly, offering a unique blend of flexibility and durability, making it ideal for safe transportation of highly fragile items.
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Protective Benefits Drive Market Growth
Corrugated bubble wrap boasts equally spaced, air-filled corrugations that create a cocoon-like environment, cradling delicate products and safeguarding them from impact. This superior protection has led to widespread adoption in the shipping and logistics industry, as well as the e-commerce sector, where safe packaging is paramount for both product integrity and customer satisfaction.
The Future of Corrugated Bubble Wrap
The rising demand for secure transportation of delicate electronics, devices, and other fragile goods continues to drive the corrugated bubble wrap market. This trend is expected to persist throughout the foreseeable future, ensuring continued growth within this innovative packaging segment.
Key Corrugated Bubble Wrap Market Takeaways and Projections
- The U.S. is expected to lead the North America Corrugated Bubble Wrap market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.
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Report Benefits & Key Questions Answered
- Corrugated Bubble Wrap Historical Market Analysis: The detailed survey by FMI, examines key factors in the Corrugated Bubble Wrap market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Corrugated Bubble Wrap market for the forecast period 2021-2031.
- Corrugated Bubble Wrap Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Corrugated Bubble Wrap for the assessment period. As per the study, the demand for Corrugated Bubble Wrap will grow at a robust CAGR between 2021 and 2031.
- Corrugated Bubble Wrap Market Trend Analysis: The latest study by FMI on the Corrugated Bubble Wrap market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Corrugated Bubble Wrap market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Key Segments of Corrugated Bubble Wrap Market Covered in the Report
By Product Type:
- Corrugated Bubble Sheets
- Corrugated Bubble Bags/ Mailers
By End-Use Industries:
- Electronics and Electrical
- Automotive
- Healthcare
- Food & Beverage
- Cosmetics and Personal Care
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- The Middle East and Africa
- Oceania
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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