Thermal Insulated Bubble Wrap market are expected to observe a market growth of 4%-5% during the forecast period

Thermal Insulated Bubble Wrap market are expected to observe a market growth of 4%-5% during the forecast period

In 2021, the US Thermal Insulated bubble wrap market grew by 3% year on year, bucking initial skepticism about how the market would perform during a global pandemic. Across the whole of North America, e-commerce application segment witnessed a significant raise in volume in 2020.

Thermal Insulated Bubble Wrap: Market Outlook

The bubble wrap packaging is a form of protective packaging, which is fabricated from a double-layer polyethylene film, and was accidentally invented by the American engineers in the year 1957. As the name suggests, “Thermal Insulated bubble wraps” capture the air within the bubble-shaped hemispherical exterior layer of the material.

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The bubbles can be anywhere ranging from 0.24-1 inches and are being selected depending upon the shock-absorption level which is being required. Also, as the products require proper packaging, cushioning, padding and protection against any disruption in the transportation process, the thermal insulated bubble wraps come into picture as they cater to the soft packaging, wherein the air cushioning absorbs the vibrations and shocks and aids to their efficient isolation of delicate products.

What Are the Key Market Drivers Shaping the Consumption of Thermal Insulated Bubble Wrap?

The increasing disposable income of people contributes as one of the major drivers of the thermal insulated bubble wrap market. The food industry is pulling rapid demand for protective packaging solutions, owing to increasing consumption of freshly produced vegetables and fruits across the globe.

Moreover, the increasing prevalence of the e-commerce websites related to food and beverages packaging is also aiding the need for protecting & packaging perishable goods without any major wastage, thereby proving to be a driver of thermal insulated bubble wrap market.

Also electronics packaging has seen wide applicability of thermal insulated bubble wraps to offer protection to the electronics items, especially during the transportation. Durable and moisture resistant characteristics of thermal insulated bubble wraps are contributing to the soaring demand in the next future.