2022-04-28 20:30 EST Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd. limited liability company
The air bubble packaging market will expand with the growth of e-commerce and the consequent need to protect products during transit: FMI
DUBAI, United Arab Emirates, April 28, 2022 (GLOBE NEWSWIRE) — Future Market Insights has provided key insights into the blister pack market in its report titled “The Blister Packaging Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029.” In terms of revenue, the global bubble pack market is expected to grow at a CAGR of 3.4% during the forecast period due to the comprehensive analysis and forecasts provided by FMI in this report.
The global bubble wrap market has been segmented into products, materials, end-use industries and regions. It is expected that by the end of 2029 the capacity of the world market will increase by 1.4 times.
Air bubble wrap is a flexible, transparent plastic material used to wrap particularly delicate items. Evenly spaced raised air-filled hemispheres (bubbles) provide cushioning for fragile items. Bubble wrap packaging is widely used in many end-use industries such as e-commerce, manufacturing and warehousing, logistics and transportation. Bubble wrap packaging is widely used in the e-commerce industry and is expected to achieve a CAGR of around 4% during the forecast period.
All areas of retail have undergone massive transformations. Consumers are increasingly turning to online shopping due to their growing discretionary income and reluctance to spend more time shopping. This has led to the steady development of the e-commerce industry.
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Options from leading manufacturers include adding 25-60% recycled materials to bubble wrap to reduce its environmental impact. Recyclable bubble wrap will help manufacturers gain a foothold in the growing protective packaging industry. A growing awareness of the disadvantages of plastic consumption and its reusable nature is prompting manufacturers to opt for recyclable packaging methods, especially for fragile products.
Commercial Paper Bag Market: The global commercial paper bag market is likely to reach US$11.2 billion by 2032, growing at a CAGR of 7.5% during the forecast period 2022-2032.
Wheeled Trash Can Market: The global wheeled trash can market is expected to show strong growth and reach US$9.1 billion by 2032. In its upcoming report, Future Market Insights (FMI) estimates that the global market could reach $5.2 billion by 2022 and grow at a CAGR of 10.7% over the forecast period from 2022 to 2032.
The market for films to increase brightness. The brightening film market is likely to record a CAGR of up to 7% during the forecast period. The brightening film market is currently valued at $9.9 billion in 2022 and could reach $19.47 billion by 2032.
Plastic Sterilization Tray Market: The plastic sterilization tray market is likely to show a strong CAGR of 7.7% during the forecast period. The plastic sterilization tray market is currently valued at USD 14.86 billion in 2022 and could reach USD 31.2 billion by 2032.
Base Paper Market: The base paper market is likely to post a strong CAGR of 1.75% during the forecast period. The base paper market is currently valued at US$302.66 billion in 2022 and could reach US$360 billion by 2032.
Future Market Insights, an ESOMAR-accredited market research organization and a member of the Greater New York Chamber of Commerce, provides detailed insight into the controlling factors influencing market demand. It reveals favorable opportunities for market growth over the next 10 years in various segments depending on the source, application, sales channel and end use.
Post time: Jul-24-2023
