The global paper bubble wrap market size is expected to grow from US$ 629 Million in 2022 to US$ 1.1 Billion by 2032, accelerating at a CAGR of 5.0% during the forecast period (2022-2032). Growing demand for ecofriendly packaging solutions across various industries including manufacturing, e-commerce, and logistics is a key factor pushing demand for paper bubble wrap.
Paper bubble wrap, also known as corrugated bubble wrap, has emerged as an innovative and eco-friendly solution. Made from recycled materials, it offers excellent cushioning and protection while minimizing the ecological footprint. Let’s explore the intricacies of the Paper Bubble Wrap Market and understand how it is reshaping the packaging landscape.
Traditional bubble wrap, made from plastic, has long been the go-to choice for protecting fragile items during transit. However, its negative impact on the environment has raised concerns. As consumers and businesses become more environmentally conscious, the demand for sustainable alternatives has surged.
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Key Takeaways from Paper Bubble Wrap Market
- By kraft paper type, the unbleached segment is estimated to have a market share of approximately 63% to 65% in 2022.
- In terms of end use, e-commerce sector is anticipated to generate an incremental $ opportunity of US$ 208 Million during the forecast period.
- India is expected to hold a market share of around 8% in the global paper bubble wrap market during the assessment period.
- Germany’s bubble wrap market is expected to grow at a CAGR of 3.6% over the next decade
- Demand for paper bubble wrap in the U.S. is projected to grow at 3.9% CAGR through 2032.
“Eco-friendly paper bubble wrap in packaging is expected to gain traction in the next decade due to the consumer preference for recyclable and biodegradable packaging solutions and implementation of stringent regulation pertaining to plastic usage” – comments FMI analyst
Who is Winning?
Leading paper bubble wrap manufacturers include DS Smith Plc, Protega Global Ltd, Kingfisher Packaging Ltd, HexcelPack, LLC,Sealed Air Corporation, Packhelp, Packopaper, Rajapack Ltd, Swiftpak, Verite Eco packaging, A&A Naturals, Ameson Packaging, The Bamboo Company, HUIZHOU BETA PACKTECH CO.,LTD, Million parcel, Hexsa, Guangzhou Pai King Packing Products Co. Ltd., Intertape Polymer Group, Ajit Industries Pvt. Ltd. and Safe Corrugated Containers Pvt Ltd.
These key players bare constantly upgrading their product portfolios by introducing novel products with innovative designs. Besides this, they provide customized packaging solutions to improve their customer base.
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Global Paper Bubble Wrap Market by Category
By Kraft Paper Type:
By Thickness:
- Less than 41 GSM
- 41 to 100 GSM
- Above 100 GSM
By End Use:
- Manufacturing and Warehousing
- Pharmaceutical
- Electronics & Electricals
- Automotive & Allied Industries
- Food & Beverages
- Cosmetics & Personal Care
- Others (Agriculture etc.)
- E-commerce
- Logistics and Transportation
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