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Global Biodegradable Bubble Wrap Market Insight June 17, 2022 Comments

The Biodegradable Bubble Wrap is forecast to be going to withstand moderate growth over the next four years. According to the WK-chem Research “Global Biodegradable Bubble Wrap Professional Survey Report 2022, Forecast to 2027”, Extensive use of biodegradable bubble wrap in food and beverage and pharmaceutical packaging is a major driving force driving the market growth.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 3.39% base on WK-chem Research regression analysis model.

Analysts’ Viewpoint:

“Affected by the epidemic, e-commerce has developed rapidly, and biodegradable bubble film has a broad space for development in the packaging industry.”said Selena, Senior analyst, Chemicals Goods Market Research Center in WK-chem Research.”In addition, some countries have recently partially or completely banned the use of non-biodegradable materials, providing development opportunities for the biodegradable bubble film market. Industry players in the wait-and-see period can increase investment, and leading companies can consider mergers and acquisitions to stabilize themselves in the dominant position.”

Market insight:

Biodegradable bubble wrap can provide manufacturers and retailers with a positive consumer experience and ensure product safety. The increase in mobile and low-cost data usage is driving the growth of the e-commerce industry. This is expected to drive the growth of the biodegradable bubble wrap market. Furthermore, product packaging plays a vital role in the transportation and shipping of sticky and fragile products, which in turn boosts the demand for different packaging solutions. To improve product shipping quality throughout the supply chain, use biodegradable bubble wrap to protect packaging. This reduces the risk of product damage from manufacturing and warehousing until the product reaches the end user, which in turn drives the growth of the global biodegradable bubble wrap market.

Although biodegradable bubble wrap is recyclable, it is not 100% recyclable, and the growing demand for 100% recyclable packaging solutions will hinder the growth of the biodegradable bubble wrap market to some extent.

Competition Landscape:

The main players in the Biodegradable Bubble Wrap market are Cold Chain Technology, Bayer AG, Carpenter Co., Buckeye Corrugated, Inc., BASF SE, Caraustar Industries, Inc, Cascades, Cellofoam North America Inc., Ecovative, Foam Fabricators, Inc. and others.

Segmentation of Biodegradable Bubble Wrap Market:

On the basis of type, the global biodegradable bubble wrap market can be divided into small size, medium size, and large size. Among them, the medium size dominates the market. Because medium-sized biodegradable bubble wrap is more widely used. On the basis of application, the global biodegradable bubble wrap market can be divided into food & beverage industry, pharmaceutical & biopharmaceutical industry, home care packaging & cosmetic industry and others. Among them, the food and beverage industry dominates the market. Rising consumer demand for healthy, safe and hygienic food will further promote the expansion of the biodegradable bubble wrap market size.

Biodegradable Bubble Wrap Market: Regional Analysis

In terms of geography, the global Biodegradable Bubble Wrap market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.Asia Pacific holds the largest market share and will continue to lead the forecast period owing to the overuse of biodegradable bubble wrap in economies such as India, China, and Indonesia. Furthermore, the booming e-commerce industry and growing demand for biodegradable bubble wrap packaging are the key factors driving the market growth in this region. North America is the second-largest market due to increased demand for packaged products, including electronics and food. The widespread demand for environmentally friendly protective packaging in Europe will further fuel the growth of the biodegradable bubble wrap market.

Cagr: 3.39%
Largest share area:Asia Pacific
Largest share country:China
Product Type: small size, medium size, large size
Application:food & beverage industry, pharmaceutical & biopharmaceutical industry, home care packaging & cosmetic industry, others.
Leading Company:Cold Chain Technology, Bayer AG, Carpenter Co., Buckeye Corrugated, Inc., BASF SE