Bubble Wrap Machine Market Overview
According to latest research study by FMI, global bubble wrap machine market is anticipated to observe a magnificent CAGR of more than 5% during the forecast period. Due to surging concerns related to packaging of food materials, electric gadgets and other accessories, the production volume of bubble wrap machines is likely to increase in next couple of years.
Moreover, constrained demand from automobile industry has been witnessed in Q3 and Q4 of 2020. However, the utilization from automotive industries is expected to surge in upcoming years, due to surging demand for advanced packaging system.
What is Driving Demand for Bubble Wrap Machine?
The utilization of bubble wrap machines is been observed for packaging of electrical products, toys bag and touch screen etc. It will lead to provide a spurt in sales in upcoming years.
The variety of applications in automobile industries such as packaging of sensitive tools, automobile products, mirrors and accessories has generated significant demand in historical years and likely to follow the same trend during the assessment period.
The utilization of bubble wrap machine ensures no scratch and fatigue to the base material, since bubble pattern makes a clearance between material (which is being packed) and surrounding. Due to this fact it has been utilized in packaging industries and likely to follow the same trajectory during the forecast period.
The rising import and export activities across the globe, is likely to provide a spurt in demand for bubble wrap machines during the forecast period.
Growing small business in Asia Pacific region is expected to provide significant opportunities to the manufactures, since it require less capital investment and do not require any expertise.
The rising food and beverages industries is more likely to give a positive impact to the production volume of bubble wrap machines across the globe.
Global Overview of Bubble Wrap Machines
Asia Pacific region accounts for highest demand for bubble wrap machine due to presence of large manufacturing and automotive sector. This region is likely to provide numerous aspect due to rapid urbanization and industrialization.
Due to presence of advanced retail format, North America generates the noteworthy demand for bubble wrap machines, it will lead to provide promising stance to the investors. Moreover, intensifying online retail in countries such as U.S, Canada and Mexico has witnessed convenient demand since past few years, and anticipated to follow the same trend.
The rising food and beverages industry in Europe, is expected to give a positive impact to the production volume of wrap machines in upcoming years. It will lead to provide plethora of opportunities to the manufacturers.
Moreover, the utilization of these machines is expected to challenge the increasing plastic waste across the globe. Since, the waste plastic can be recycled easily in the form of bags, plastic sheet and packaging material with the help of wrap machines. It will lead to intensify the utilization globally in upcoming years.
Asia Pacific Bubble Wrap Machine Market Outlook
Asia Pacific holds the significant market share of bubble wrap machines market, globally. Due to presence of large automotive industries and maintenance sector in countries like China and India. The market is set to follow the historical pattern during the assessment period.
Asia Pacific is expected to lead the global bubble wrap market, due to rising application of advanced electronic and semiconductor devices. These devices are very sensitive to scratch and small impact, it requires a layer of bubbles for preventing outside forces.
This is attributed to generate significant demand for bubble wrap machines in this region. In addition to this, these machines are also used extensively in pharmaceutical industries for packaging purposes, it is likely to give a push to the production rate.
In addition to this, due to COVID-19 pandemic, the demand from online retail and conventional retail format has been constrained in countries such as India, China, Australia and Singapore. The upward trend of packaging industry is predicted to create numerous opportunities for manufactures in the upcoming years, due to high demand from the consumers end.
Automatic bubble wrap machines are likely to be lucrative avenue from the consumer’s end, since it does not require any human effort for product manufacturing. The surging trend towards automation is likely to give a positive impact to the utilization of automatic machineries across the globe.
Moreover, manual machines are highly been utilized across the globe. The application of packaging in end use industries such as electrical, semiconductor, retail and automotive is likely to provide a push to the production volume.
Who are the Key Manufacturers of Bubble Wrap Machine?
Some of the leading manufacturers of bubble wrap machine include
- Pregis Corporation
- Automated Packaging Systems Inc.
- Free-Flow Packaging International, Inc.
- FROMM Packaging Systems
- Inflatable Packaging ltd.
- Polyair Inter Pack Inc.
- Omniverse Foster Packaging Group
- Wenzhou Zhetuo Machinery Co. Ltd
- Ocean International
- Balaji Flexipack
- Heaven Extrusions
Leading manufacturers across the globe are highly focused on to improve the versatility of the product, for making it useful to other applications as well. Additionally, key manufacturers are spending momentous amount on R&D to improving the efficiency and utilization alternative power source.
The rising interest toward the automatic and machineries is anticipated to provide abundant aspects for developing variety of product range for satisfying the consumers demand globally.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
By Product Type:
- Air Bubble Film Bag Making Machine
- 2 Layer Air Bubble Film Machine
- 3 Layer Air Bubble Film Machine
- 4 Layer Air Bubble Film Machine
- 5 Layer Air Bubble Film Machine
- Intermediate start
By Wrap Material:
By Capacity (Pieces/hour):
- Less than 50
By End Use Industries:
- Automobile industry
- Equipment manufacturing Industry
- Maintenance Industries
- Pharmaceutical industry
- Packaging industry
- Food & Beverages industry
- Electrical & electronics industry
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa