According to the study “Asia Bubble Wrap Packaging Industry Situation and Prospects Research report”, Asian bubble wrap packaging market offers innovative packaging products at reduced costs which is posing a stiff competition among the leading players. The leading vendors in Asia bubble wrap packaging industry are Automated Packaging Systems, Pregis, Cortec Corporation, Polycell International, Salazar Packaging, AP Packaging, Dana Poly, Sancell, ACH Foam Technologies LLC, Alpek SAB de CV, American Excelsior Company, Barnhardt Manufacturing Company, BASF SE, Bayer AG, Buckeye Corrugated, Inc., Caraustar Industries, Inc, Carpenter Co., Cascades, Cellofoam North America Inc and Cold Chain Technology. The various applications of bubble wrap packings are in automotive industry, pharmaceutical industry, e-commerce, electronics industry and others.
Bubble wrap is a malleable transparent plastic material, basically utilized for packaging very fragile products. The bubbles or protruding regularly spaced air-filled hemispheres offer cushioning for various kinds of sensitive delicate products. Bubble wrap packaging is one of the flexible protective packaging that consists of two-layered polyethylene film and air is entrapped inside to form bubbles. Bubble wrap packaging is the most prominent packaging material among all the variants of packaging options available. There increasing demand for consumer goods within the e-commerce sector is the major consumer of bubble wrap packaging with growing profitability.
Consumers’ continuous online shopping has spurred the demand for bubble wraps to reduce damage during transportation of goods from one place to another. However, there is an availability of relatively affordable and eco-friendly alternatives to bubble wrap packaging, such as versatile foam packaging and recycle paper which will also witness a positive growth over the next few years. The booming e-commerce industry in Asia coupled with increasing in consumer’s spending limit particularly in India and China, are complementing the growth in the bubble wrap packaging market. Polyethylene (PE) is the major material used in the manufacturing process of bubble wrap packaging. The temperature-controlled bubble wraps and high-grade bubble wraps will continue to be the fast-selling products in the Asian markets.
Modernization and increase in consumer’s disposable income is driving the growth in the online purchases. Majority of the retailers concentrate to provide damage-free delivery with eco-friendly packaging. With these specific requirements, numerous packaging companies are embracing biodegradable bubble wrap packaging to meet the needs of the increasing consumers. Asian countries have proposed stringent regulations regarding recyclable packaging and are encouraging end-users to prefer degradable materials for packaging. Therefore, there is a rise in investments for the R&D activities by the manufacturers in the bubble wrap packaging market that will increase the development of sustainable packaging materials. Biodegradable bubble wrap packaging is used in food and beverage industry, pharmaceutical and biomedical, home care packing and cosmetics industries.
Biodegradable bubble wrap packaging accounts for a major share within the flexible protective packaging market because it is environmentally friendly and the only by-products after decomposition are small amounts of CO2, H2O and biomass. Small quantities of degradable additives are added into the resin during the production of biodegradable bubble wraps to ensure the quick break down. The increasing population, urbanization, developing economies, industrialization, developing manufacturing sector and increase in international trade are the key factors that will drive the Asian Bubble wrap packaging industry in the next few years.
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Ankur Gupta, Head Marketing & Communications