Global Bubble Protective Packaging Market: Increasing Development of Retail Sector to Bring New Opportunities in Market

A new market research report by Transparency Market Research, titled “Bubble Protective Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024”, comprises an in-depth analysis of the bubble protective packaging market and is compiled by conducting both secondary and primary research. It encapsulates the condition of the market currently and its predicted growth in the coming years. The study also include the commercial restraints, drivers, and opportunity areas in the global bubble protective packaging market. The key segments and sub-segments in the market and their predicted growth in forthcoming years has also been included in this report. In order to calculate the market’s size, the study considers the revenue that has been generated by the key vendors operating in this market.

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The development of the bubble protective packaging market is fuelled by the increasing development of the retail sector. In addition, the expanding segment of e-commerce and the growing disposable incomes of people have also brought in new opportunities in the development of the global bubble protective packaging market. Furthermore, the increasing awareness regarding environment sustainability owing to the fact that bubble protective packaging can be reutilized is also a key factor working in favor of the development of the market.

The access to bio-degradable bubble wrap is also positively impacting the growth of this market. This is due to the fact that bio-degradable bubble wrap is easily absorbed in soil. The advantages of bubble protective packaging such as its reduced freight, light weight, and low cost of packaging will also drive the market’s development. Contrariwise, the utilization of foam and paper instead of bubble roll for void filling and cushioning may impede the development of the global bubble protective packaging market.

The report segments the market in terms of end use, material type, bubble height type, application type¸ and geography. In terms of bubble height type, the report segments the market into small bubble, large bubble, and medium bubble. By application, the report categorizes the market into bubble wrap, bubble tubes, bubble mailer, and bubble bag. Of these, bubble wraps are predicted to lead the market owing to their broad base of application in the industry of e-commerce. By material type, the market is segmented into paper, aluminum foil, and polymer.

By end use, the bubble protective packaging market is segmented into pharmaceutical industry, automotive industry, e-commerce industry, electronics & electrical industry, and others including glassware, furniture, etc. Of these, the segments of e-commerce and electronics are predicted to lead the market in forthcoming years. Geographically, the market is segmented into Latin America, North America, Europe, Middle East & Africa (MEA), and Asia Pacific (APAC).

Sealed Air Corporation, RAJAPACK Ltd, Automated Packaging System, Inc., and Jiffy Packaging Co. Limited, among others, are the leading players in the global bubble protective packaging market, as per this study.

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This release was published on openPR.