Press release
Air Bubble Bags Market - Major Revenue Gain is Predicted by 2032
The air bubble bags market is expected to reach US$ 3.42 Billion in 2032, growing at a CAGR of 4.2% during the forecast period of 2022-2032.As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global air bubble bags market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales air bubble bags in the coming 10-years
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Air bubble bags are one of the effective packing options that give all of the benefits associated with excellent performance during transit and storage while also protecting sensitive items and components from moisture, corrosion, and shielding. Because of the rise in transportation, storage packaging has become a critical component. Food products, health supplements, and electronic components are just a few of the items that have seen an increase in demand in recent years and are now more readily available as a result of an efficient packing solution.
North America is regarded as a very profitable market for air bubble bags, owing mostly to their use in the pharmaceutical and food sectors. Simultaneously, government regulations on the usage of plastic will offer a significant impediment to the market's growth.
Key Air Bubble Bags Market Takeaways and Projections
The U.S. is expected to lead the North america air bubble bags market, projecting the fastest growth in the region between 2022 and 2032
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 2032.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of air bubble bags market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global air bubble bags market. Some of the prominent market players are Pregis LLC, Intertape Polymer Group, Sealed Air, Smurfit Kappa, Mondi Group, Jiffy Packaging Co., Barton Jones Packaging, Abco Kovex, Future Packaging, iVEX Packaging, Dongguan OK Packaging Manufacturing Co. Ltd., Desco Europe, PH Flexible, Makkipak Ltd.
Key Segments Profiled in the Air Bubble Bags Industry Survey
Air Bubble Bags Market by Material:
Plastic Air Bubble Bags
Aluminum Foil Air Bubble Bags
Paper Air Bubble Bags
Paperboard Air Bubble Bags
Air Bubble Bags Market by Closure Type:
Air Bubble Bags with Slider
Air Bubble Bags with Zipper
Air Bubble Bags with Slider-Zipper
Air Bubble Bags Market by End Use:
Air Bubble Bags in Food Industry
Air Bubble Bags in Pharmaceutical Industry
Air Bubble Bags in Gifts
Air Bubble Bags in Mailing
Air Bubble Bags in Garbage Use
Air Bubble Bags in Industrial Goods
Air Bubble Bags in Automotive Product
Air Bubble Bags in Electronics
Air Bubble Bags for Other End Uses
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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