Air Bubble Bags Market Size, Share, Opportunities, And Trends By Material (Plastic, Aluminum Foil, Paper, Paperboard), By Closure Type (Slider, Zipper, Slider-Zipper), By End-User Industry (Food and Beverages, Pharmaceutical Industry, Gifts, Mailing, Industrial Use, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Oct 2023
- Report Code : KSI061615936
- Pages : 150
The air bubble bags market is estimated to grow at a CAGR of 14.95% during the forecast period.
Air bubble bags are protective packaging materials made from plastic films with small air-filled bubbles trapped between the layers. These bags are designed to provide cushioning and shock absorption to delicate and fragile items during shipping and storage. The air-filled bubbles create a protective barrier that helps prevent damage, scratches, and breakages, ensuring the safe transportation of goods. Air bubble bags are widely used in various industries, including e-commerce, electronics, automotive, and pharmaceuticals, to safeguard products and maintain their integrity throughout the supply chain.
Introduction:
These bags are widely used in various industries, such as e-commerce, electronics, pharmaceuticals, and automotive, to safeguard delicate and fragile items during shipping and handling. The air bubble bags provide cushioning and impact resistance, preventing damages, scratches, and breakages during transit, thereby ensuring the safe delivery of goods to end consumers. The market's growth is driven by the increasing demand for secure and reliable packaging solutions to meet the needs of the growing e-commerce sector and the need to protect valuable and sensitive products during transportation and storage.
Drivers:
- Growth in e-commerce: The booming e-commerce industry, driven by the increasing trend of online shopping, has led to a higher demand for secure and protective packaging solutions like air bubble bags. These bags are used to safeguard products during transit, reducing the risk of damage and enhancing customer satisfaction.
- Expansion of retail sectors: The retail sector's growth, both in brick-and-mortar stores and online platforms, has created a higher need for effective packaging solutions to protect products from potential damage during storage and transportation.
- Safety and protection: Air bubble bags provide excellent cushioning and impact resistance, making them ideal for protecting fragile and delicate items like electronics, glassware, and other sensitive goods, contributing to their widespread use.
- Rise in industrialization: The growth of manufacturing and industrial sectors has led to an increased demand for protective packaging materials. Air bubble bags offer cost-effective and reliable protection for various industrial products during distribution and storage.
- Convenience and versatility: Air bubble bags come in various shapes and sizes, making them versatile and suitable for packaging a wide range of products, including small electronic gadgets, automotive parts, pharmaceuticals, and more.
- Environmental awareness: With growing concerns about plastic waste and environmental impact, many air bubble bags are now made from recyclable materials, appealing to environmentally conscious consumers and industries.
- Growth of the pharmaceutical industry: The pharmaceutical sector's expansion, driven by population growth and increasing healthcare needs, has led to a higher demand for secure packaging to protect delicate medical equipment and drugs during shipping and handling.
- Growth in the electronics industry: The electronics industry's rapid growth and constant innovation have increased the need for protective packaging for sensitive electronic components and devices, driving the demand for air bubble bags.
- International trade and globalization: The increasing volume of international trade and globalization of businesses has created a need for robust packaging solutions to ensure that goods reach their destinations safely, contributing to the demand for air bubble bags.
- Product branding and marketing: Air bubble bags can be customized with logos, branding, and product information, making them a useful tool for product marketing and enhancing brand visibility during transit and delivery.
Products offered by key companies:
- Inno-Pack launched its Eco-Bubble Air Bubble Bags which are made from 100% recycled content. They are also recyclable and compostable.
- Airpak launched its Biodegradable Air Bubble Bags which are made from a biopolymer that is derived from cornstarch. They are also biodegradable and compostable.
Positive growth in the food and beverage segment:
The segment of the air bubble bags market that is seeing significant growth is the food and beverages industry. This growth is driven by the increasing demand for safe and protective packaging solutions for perishable and delicate food items. Air bubble bags offer excellent cushioning and impact resistance, making them ideal for protecting food products during transportation and storage. Additionally, the rise in online food delivery services and the growing popularity of ready-to-eat meals have further contributed to the increased adoption of air bubble bags in the food and beverages sector. The bags' ability to provide a reliable protective barrier against external impacts and potential damage to food items has made them a preferred choice for ensuring product integrity and customer satisfaction in the food industry.
The Asia-Pacific region is expected to hold a significant share in the air bubble bags market:
The Asia-Pacific region is expected to dominate the air bubble bags market share. This is primarily due to rapid industrialization, increasing e-commerce activities, and booming retail sectors in countries like China and India. The rise in manufacturing, electronics, and consumer goods industries in the region has driven the demand for secure and protective packaging solutions, leading to a higher adoption of air bubble bags. Additionally, the growing awareness about product safety and the need for reliable packaging during transportation and storage have further fueled the market's growth in the Asia-Pacific region.
Key developments:
- In Nov 2022, Cortec Advanced Films offered EcoSonic ESD Self-Seal Bubble Bags, providing combined ESD and VCI protection for electronics. The bags prevent triboelectric charge, corrosion, and physical damage. VCI technology creates a protective layer on metals without residues. Easy to use and recyclable, they safeguard sensitive components during shipping and storage.
Air Bubble Bags Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 14.95% from 2021 to 2028 |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Material, Closure Type, End-User Industry, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Sealed Air Corporation, Berry Plastics, Mondi Group, Barton Jones Packaging, Abco Kovex, Future Packaging, Ivex, Packman Packaging Private Limited, DESCO Europe, PH Flexible |
Customization Scope | Free report customization with purchase |
Key Segment:
- By Material
- Plastic
- Aluminum Foil
- Paper
- Paperboard
- By Closure Type
- Slider
- Zipper
- Slider-Zipper
- By End-User Industry
- Food and Beverages
- Pharmaceutical Industry
- Gifts
- Mailing
- Industrial Use
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Data
2.3. Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. AIR BUBBLE BAGS MARKET, BY MATERIAL
5.1. Introduction
5.2. Plastic
5.3. Aluminum Foil
5.4. Paper
5.5. Paperboard
6. AIR BUBBLE BAGS MARKET, BY CLOSURE TYPE
6.1. Introduction
6.2. Slider
6.3. Zipper
6.4. Slider-Zipper
7. AIR BUBBLE BAGS MARKET, BY END-USER INDUSTRY
7.1. Introduction
7.2. Food and Beverages
7.3. Pharmaceutical Industry
7.4. Gifts
7.5. Mailing
7.6. Industrial Use
7.7. Others
8. AIR BUBBLE BAGS MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. Japan
8.6.2. China
8.6.3. India
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Sealed Air Corporation
10.2. Berry Plastics
10.3. Mondi Group
10.4. Barton Jones Packaging
10.5. Abco Kovex
10.6. Future Packaging
10.7. Ivex
10.8. Packman Packaging Private Limited
10.9. DESCO Europe
10.10. PH Flexible
Sealed Air Corporation
Berry Plastics
Mondi Group
Barton Jones Packaging
Future Packaging
Ivex
Packman Packaging Private Limited
DESCO Europe
PH Flexible
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