What is the expected CAGR of the Bubble Wrap Packaging Market?

Posted by pooja on August 18th, 2022

Bubble wrap packaging is a type of packaging, which is made out of a two-layer polyethylene film. This film is being ensnared with air inside to shape a bubble. It encourages simple storage and creation of delicate products. The worldwide bubble wrap packaging market is relied upon to observe significant development during the forecast period

Global Bubble Wrap Packaging Market – Notable Developments

Some of the key developments in the global bubble wrap packaging market are given below:

• In June 2018, Sealed Air Corporation signed an agreement with Kuraray America, Inc. (Kuraray), a Japanese chemical company to offer food packaging materials derived from its Plantic bio-based resins. This solution will enable the company to provide renewable packaging option and continue helping the industry address food waste by extending the shelf-life and freshness of food.

• In May 2019, Sealed Air opened Singapore lab to provide thermal package design and testing to the region’s life sciences and food industries. It will enable expertise in primary food packaging, secondary product packaging, and its digital services portfolio to provide end-to-end temperature assurance solutions for product safety and consistency throughout the supply chain.

Some of the key companies in the global market are

• Veritiv Corporation
• Sealed Air Corporation
• Jiffy Packaging Co.
• Pregis Corporation

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