The Bubble Wrap Packaging Market size was USD 2,80 billion in 2022, which is forecast to increase to US 5.26 billion by 2030 and grow at a compound annual growth rate of 8.2% between 2023 and 2030.
Bubble wrap refers to the transparent plastic material used to wrap items to protect them from damage. This material is commonly used as protective packaging consisting of a double-layer polyethylene film. They are typically manufactured using materials such as low-density polyethylene, high-density polyethylene, and linear low-density polyethylene.
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One of the main drivers for the growth of the bubble wrap market is the increase in online shopping globally. The rise in innovation and improvement of bubble wrap by manufacturers and growing concern among e-commerce players about product safety are driving the growth of the market. Increasing mergers and acquisitions to meet new demand and raise awareness of the benefits of online shopping such as faster shipping, easier return policies and free shipping are affecting many more to the market. In addition, increasing knowledge about protective packaging, raising awareness, changing consumer preferences and increasing number of electronic models online are positively influencing bubble wrap market. In addition, the launch of temperature-controlled bubble film and high-quality bubble film offers profitable opportunities for market participants during the forecast period.
On the other hand, the availability of alternative packaging such as foam packaging and recycled paper which is relatively cost-effective and environmentally friendly is expected to hinder the growth of the market. The market for bubble wraps is likely to be challenged over a forecast period due to the concerns related to environment.
KEY DRIVERS:
A major driver of the bubble wrap packaging market is the growth of the retail and consumer goods sectors.
As the retail market expands, both online and in physical stores, the need for protective packaging solutions like bubble wrap increases. This demand is driven by the need to protect products during transit, improve visual appeal on shelves, and ensure product quality upon delivery. As consumer preferences shift to convenient, ready-to-use products, effective packaging becomes essential to maintaining brand reputation and customer satisfaction. This element underscores the importance of bubble wrap in maintaining product integrity and supporting the dynamic retail landscape.
The demand for protective packaging materials is significantly increased by the rapid growth of online shopping.
RESTRAIN:
The increasing emphasis on the environment sustainability is one of the most important constraints.
As the retail market grows, both online and in physical stores, the need for protective packaging solutions like bubble wrap increases. This demand is driven by the need to protect products during transit, improve visual appeal on shelves, and ensure product quality upon delivery. As consumer preferences shift to convenient, ready-to-use products, effective packaging becomes essential to maintaining brand reputation and customer satisfaction. This element underscores the importance of bubble wrap in maintaining product integrity and supporting the dynamic retail landscape.
More stringent rules are being put in place by the governments and regulatory authorities of various regions concerning single use plastics as well as nondegradable materials.
OPPORTUNITY:
Businesses may explore opportunities to increase their presence on the market.
Regions may have a growing need for protective packaging solutions, especially in emerging economies where e-commerce and manufacturing activities are increasing.
The bulk purchase of protective packaging material could be facilitated by working together with e commerce platforms and marketplaces.
CHALLENGES:
It can cost a lot of money to develop and produce viable or innovative bubble wrap alternatives.
Balancing the need for cost-effective solutions while meeting performance and environmental requirements can be a challenge for businesses, especially smaller ones with limited budgets. regime.
Russian Ukrainian ceramics have had a negative impact on the global market. The European region has been hit hard by the conflict. The main reason is due to high oil and energy prices. Oil price increased to 112 USD/barrel. The raw material needed to produce plastic is petroleum. But rising prices have reduced overall production, which has affected the sustainability goals of large companies. For this reason, companies have turned to traditional packaging methods to reduce costs. Protective packaging is expensive compared to traditional packaging methods.
The imports and exports of electronics and automotive products was reduced compared to previous years, which also affected the market. The sanctions imposed on Russia's finance and transport sectors also hamper exports to that country. In addition, over a thousand international companies have stopped doing business in Russia. The vast majority of Russia's imports from East Asia are technological products, for example machines, equipment and related parts East Asian countries also play an important role in supplying technology products to Russia. They represent about 40% of Russia's machinery and vehicle imports, close to 60% of the vessel import as well as 70% of its electrical equipment.
Energy products account for about 65% of total EU imports from Russia. 30% of EU oil imports and 40% of total gas imports come from Russia. In Estonia, Poland, Slovakia and Finland, more than 70% of their oil imports come from Russia.
Due to the economic downturn in the United States and Europe, volatility in commodity prices affected activity, but not year-over-year activity. Output fell 2.1% by the end of 2022, a level that companies will overcome in a few months.
Due to the economic downturn, the demand for the personal care & automotive industry decreases, which can lead to a 7% drop in sales, which will affect bubble wrap packaging.
By Material
LDPE
LLDPE
HDPE
By Product Type
Bubble Sheets
Bubble bags/mailers
By End Use
E-commerce
Consumer Goods
Pharmaceuticals
Automotive
Others
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E-commerce dominated the market and will growth with the fastest growth rate over the forecast period The increase in online shopping has brought about protective packaging, for example bubble wraps, so that the product can be delivered safely to customers.
The Asia-Pacific holds the largest market share in the bubble wrap packaging. This is due to the presence of economies such as India, China which are manufacturing hub. There is the rise in the ecommerce industry in this region which is boosting the market growth.
North America is the second largest growing market, due to high demand for packaged products. There is also penetration of many e commerce companies in this region, which is adding to the growth of the market. US market holds the largest market share in this region, followed by the Canada and Mexico.
Europe’s bubble wrap packaging market is the third largest market in term of revenue. The is a high demand for the sustainable packaging and paper bubble wrap is dominating the market in this region. Germany is the dominating the market followed by UK which is the fastest growing market.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Bubble Wrap Packaging market are Sealed Air Corporation, Barton Jones Packaging Limited, Pregis Corporation, Smurfit Kappa, IVEX Protective Packaging Inc, Jiffy Packaging Co, Veritiv Corporation, Automated Packaging Systems and other players.
In order to help firms reach the 30% recycled content target in the UK and EU Plastics Treaty, Sealed Air has launched a new range of protection packaging using its BUBBLE WRAP brand. Together with other sustainability objectives, by 2025 in all packaging made of plastics.
The North American launch of the Geami MS Mini Packaging System, a sustainable, biodegradable, recyclable and plastic free alternative to traditional plastic bubble wrap, was announced by Ranpak Holdings Corp, a global leader in environmentally sustainable, paper based packaging solutions for e.Commerce and industrial supply chains.
| Report Attributes | Details |
| Market Size in 2022 | US$ 2,80 Bn |
| Market Size by 2030 | US$ 5.26 Bn |
| CAGR | CAGR of 8.2 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material (LDPE, LLDPE, HDPE) • by Product Type (Bubble Sheets, Bubble bags/mailers) • by End Use (E-commerce, Consumer Goods, Pharmaceuticals, Automotive, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Sealed Air Corporation, Barton Jones Packaging Limited, Pregis Corporation, Smurfit Kappa, IVEX Protective Packaging Inc, Jiffy Packaging Co, Veritiv Corporation, Automated Packaging Systems |
| Key Drivers | • A major driver of the bubble wrap packaging market is the growth of the retail and consumer goods sectors. • The demand for protective packaging materials is significantly increased by the rapid growth of online shopping. |
| Market Restraints | • The increasing emphasis on the environment sustainability is one of the most important constraints. |
Ans: The Bubble Wrap Packaging Market is expected to grow at a CAGR of 8.2 %.
Ans: The Bubble Wrap Packaging Market size was USD 2.80 billion in 2022 and is expected to Reach USD 5.26 billion by 2030.
Ans: A major driver of the bubble wrap packaging market is the growth of the retail and e-commerce.
Ans: The increasing emphasis on the environment sustainability is one of the most important constraints.
Ans: Asia Pacific region is dominating the market with highest market share.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Bubble Wrap Packaging Market, By Material
8.1 LDPE
8.2 LLDPE
8.3 HDPE
9. Bubble Wrap Packaging Market By Product Type
9.1 Bubble Sheets
9.2 Bubble bags/mailers
10. Bubble Wrap Packaging Market, By End Use
10.1 E-commerce
10.2 Consumer Goods
10.3 Pharmaceuticals
10.4 Automotive
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Bubble Wrap Packaging Market by Country
11.2.2North America Bubble Wrap Packaging Market by Material
11.2.3 North America Bubble Wrap Packaging Market by Product Type
11.2.4 North America Bubble Wrap Packaging Market by End Use
11.2.5 USA
11.2.5.1 USA Bubble Wrap Packaging Market by Material
11.2.5.2 USA Bubble Wrap Packaging Market by Product Type
11.2.5.3 USA Bubble Wrap Packaging Market by End Use
11.2.6 Canada
11.2.6.1 Canada Bubble Wrap Packaging Market by Material
11.2.6.2 Canada Bubble Wrap Packaging Market by Product Type
11.2.6.3 Canada Bubble Wrap Packaging Market by End Use
11.2.7 Mexico
11.2.7.1 Mexico Bubble Wrap Packaging Market by Material
11.2.7.2 Mexico Bubble Wrap Packaging Market by Product Type
11.2.7.3 Mexico Bubble Wrap Packaging Market by End Use
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Bubble Wrap Packaging Market by Country
11.3.1.2 Eastern Europe Bubble Wrap Packaging Market by Material
11.3.1.3 Eastern Europe Bubble Wrap Packaging Market by Product Type
11.3.1.4 Eastern Europe Bubble Wrap Packaging Market by End Use
11.3.1.5 Poland
11.3.1.5.1 Poland Bubble Wrap Packaging Market by Material
11.3.1.5.2 Poland Bubble Wrap Packaging Market by Product Type
11.3.1.5.3 Poland Bubble Wrap Packaging Market by End Use
11.3.1.6 Romania
11.3.1.6.1 Romania Bubble Wrap Packaging Market by Material
11.3.1.6.2 Romania Bubble Wrap Packaging Market by Product Type
11.3.1.6.4 Romania Bubble Wrap Packaging Market by End Use
11.3.1.7 Turkey
11.3.1.7.1 Turkey Bubble Wrap Packaging Market by Material
11.3.1.7.2 Turkey Bubble Wrap Packaging Market by Product Type
11.3.1.7.3 Turkey Bubble Wrap Packaging Market by End Use
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Bubble Wrap Packaging Market by Material
11.3.1.8.2 Rest of Eastern Europe Bubble Wrap Packaging Market by Product Type
11.3.1.8.3 Rest of Eastern Europe Bubble Wrap Packaging Market by End Use
11.3.2 Western Europe
11.3.2.1 Western Europe Bubble Wrap Packaging Market by Country
11.3.2.2 Western Europe Bubble Wrap Packaging Market by Material
11.3.2.3 Western Europe Bubble Wrap Packaging Market by Product Type
11.3.2.4 Western Europe Bubble Wrap Packaging Market by End Use
11.3.2.5 Germany
11.3.2.5.1 Germany Bubble Wrap Packaging Market by Material
11.3.2.5.2 Germany Bubble Wrap Packaging Market by Product Type
11.3.2.5.3 Germany Bubble Wrap Packaging Market by End Use
11.3.2.6 France
11.3.2.6.1 France Bubble Wrap Packaging Market by Material
11.3.2.6.2 France Bubble Wrap Packaging Market by Product Type
11.3.2.6.3 France Bubble Wrap Packaging Market by End Use
11.3.2.7 UK
11.3.2.7.1 UK Bubble Wrap Packaging Market by Material
11.3.2.7.2 UK Bubble Wrap Packaging Market by Product Type
11.3.2.7.3 UK Bubble Wrap Packaging Market by End Use
11.3.2.8 Italy
11.3.2.8.1 Italy Bubble Wrap Packaging Market by Material
11.3.2.8.2 Italy Bubble Wrap Packaging Market by Product Type
11.3.2.8.3 Italy Bubble Wrap Packaging Market by End Use
11.3.2.9 Spain
11.3.2.9.1 Spain Bubble Wrap Packaging Market by Material
11.3.2.9.2 Spain Bubble Wrap Packaging Market by Product Type
11.3.2.9.3 Spain Bubble Wrap Packaging Market by End Use
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Bubble Wrap Packaging Market by Material
11.3.2.10.2 Netherlands Bubble Wrap Packaging Market by Product Type
11.3.2.10.3 Netherlands Bubble Wrap Packaging Market by End Use
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Bubble Wrap Packaging Market by Material
11.3.2.11.2 Switzerland Bubble Wrap Packaging Market by Product Type
11.3.2.11.3 Switzerland Bubble Wrap Packaging Market by End Use
11.3.2.1.12 Austria
11.3.2.12.1 Austria Bubble Wrap Packaging Market by Material
11.3.2.12.2 Austria Bubble Wrap Packaging Market by Product Type
11.3.2.12.3 Austria Bubble Wrap Packaging Market by End Use
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Bubble Wrap Packaging Market by Material
11.3.2.13.2 Rest of Western Europe Bubble Wrap Packaging Market by Product Type
11.3.2.13.3 Rest of Western Europe Bubble Wrap Packaging Market by End Use
11.4 Asia-Pacific
11.4.1 Asia-Pacific Bubble Wrap Packaging Market by country
11.4.2 Asia-Pacific Bubble Wrap Packaging Market by Material
11.4.3 Asia-Pacific Bubble Wrap Packaging Market by Product Type
11.4.4 Asia-Pacific Bubble Wrap Packaging Market by End Use
11.4.5 China
11.4.5.1 China Bubble Wrap Packaging Market by Material
11.4.5.2 China Bubble Wrap Packaging Market by Product Type
11.4.5.3 China Bubble Wrap Packaging Market by End Use
11.4.6 India
11.4.6.1 India Bubble Wrap Packaging Market by Material
11.4.6.2 India Bubble Wrap Packaging Market by Product Type
11.4.6.3 India Bubble Wrap Packaging Market by End Use
11.4.7 Japan
11.4.7.1 Japan Bubble Wrap Packaging Market by Material
11.4.7.2 Japan Bubble Wrap Packaging Market by Product Type
11.4.7.3 Japan Bubble Wrap Packaging Market by End Use
11.4.8 South Korea
11.4.8.1 South Korea Bubble Wrap Packaging Market by Material
11.4.8.2 South Korea Bubble Wrap Packaging Market by Product Type
11.4.8.3 South Korea Bubble Wrap Packaging Market by End Use
11.4.9 Vietnam
11.4.9.1 Vietnam Bubble Wrap Packaging Market by Material
11.4.9.2 Vietnam Bubble Wrap Packaging Market by Product Type
11.4.9.3 Vietnam Bubble Wrap Packaging Market by End Use
11.4.10 Singapore
11.4.10.1 Singapore Bubble Wrap Packaging Market by Material
11.4.10.2 Singapore Bubble Wrap Packaging Market by Product Type
11.4.10.3 Singapore Bubble Wrap Packaging Market by End Use
11.4.11 Australia
11.4.11.1 Australia Bubble Wrap Packaging Market by Material
11.4.11.2 Australia Bubble Wrap Packaging Market by Product Type
11.4.11.3 Australia Bubble Wrap Packaging Market by End Use
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Bubble Wrap Packaging Market by Material
11.4.12.2 Rest of Asia-Pacific Bubble Wrap Packaging Market by Product Type
11.4.12.3 Rest of Asia-Pacific Bubble Wrap Packaging Market by End Use
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Bubble Wrap Packaging Market by Country
11.5.1.2 Middle East Bubble Wrap Packaging Market by Material
11.5.1.3 Middle East Bubble Wrap Packaging Market by Product Type
11.5.1.4 Middle East Bubble Wrap Packaging Market by End Use
11.5.1.5 UAE
11.5.1.5.1 UAE Bubble Wrap Packaging Market by Material
11.5.1.5.2 UAE Bubble Wrap Packaging Market by Product Type
11.5.1.5.3 UAE Bubble Wrap Packaging Market by End Use
11.5.1.6 Egypt
11.5.1.6.1 Egypt Bubble Wrap Packaging Market by Material
11.5.1.6.2 Egypt Bubble Wrap Packaging Market by Product Type
11.5.1.6.3 Egypt Bubble Wrap Packaging Market by End Use
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Bubble Wrap Packaging Market by Material
11.5.1.7.2 Saudi Arabia Bubble Wrap Packaging Market by Product Type
11.5.1.7.3 Saudi Arabia Bubble Wrap Packaging Market by End Use
11.5.1.8 Qatar
11.5.1.8.1 Qatar Bubble Wrap Packaging Market by Material
11.5.1.8.2 Qatar Bubble Wrap Packaging Market by Product Type
11.5.1.8.3 Qatar Bubble Wrap Packaging Market by End Use
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Bubble Wrap Packaging Market by Material
11.5.1.9.2 Rest of Middle East Bubble Wrap Packaging Market by Product Type
11.5.1.9.3 Rest of Middle East Bubble Wrap Packaging Market by End Use
11.5.2 Africa
11.5.2.1 Africa Bubble Wrap Packaging Market by Country
11.5.2.2 Africa Bubble Wrap Packaging Market by Material
11.5.2.3 Africa Bubble Wrap Packaging Market by Product Type
11.5.2.4 Africa Bubble Wrap Packaging Market by End Use
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Bubble Wrap Packaging Market by Material
11.5.2.5.2 Nigeria Bubble Wrap Packaging Market by Product Type
11.5.2.5.3 Nigeria Bubble Wrap Packaging Market by End Use
11.5.2.6 South Africa
11.5.2.6.1 South Africa Bubble Wrap Packaging Market by Material
11.5.2.6.2 South Africa Bubble Wrap Packaging Market by Product Type
11.5.2.6.3 South Africa Bubble Wrap Packaging Market by End Use
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Bubble Wrap Packaging Market by Material
11.5.2.7.2 Rest of Africa Bubble Wrap Packaging Market by Product Type
11.5.2.7.3 Rest of Africa Bubble Wrap Packaging Market by End Use
11.6 Latin America
11.6.1 Latin America Bubble Wrap Packaging Market by country
11.6.2 Latin America Bubble Wrap Packaging Market by Material
11.6.3 Latin America Bubble Wrap Packaging Market by Product Type
11.6.4 Latin America Bubble Wrap Packaging Market by End Use
11.6.5 Brazil
11.6.5.1 Brazil America Bubble Wrap Packaging by Material
11.6.5.2 Brazil America Bubble Wrap Packaging by Product Type
11.6.5.3 Brazil America Bubble Wrap Packaging by End Use
11.6.6 Argentina
11.6.6.1 Argentina America Bubble Wrap Packaging by Material
11.6.6.2 Argentina America Bubble Wrap Packaging by Product Type
11.6.6.3 Argentina America Bubble Wrap Packaging by End Use
11.6.7 Colombia
11.6.7.1 Colombia America Bubble Wrap Packaging by Material
11.6.7.2 Colombia America Bubble Wrap Packaging by Product Type
11.6.7.3 Colombia America Bubble Wrap Packaging by End Use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Bubble Wrap Packaging by Material
11.6.8.2 Rest of Latin America Bubble Wrap Packaging by Product Type
11.6.8.3 Rest of Latin America Bubble Wrap Packaging by End Use
12 Company profile
12.1 Sealed Air Corporation
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Barton Jones Packaging Limited
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Pregis Corporation
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Smurfit Kappa
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 IVEX Protective Packaging Inc
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Jiffy Packaging Co
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Veritiv Corporation
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Automated Packaging Systems
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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