Market Overview:
The global cushioning materials market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cushioning materials in various applications, such as food & beverage, electronics & electricals, pharmaceuticals, personal care & cosmetics, and consumer goods. In addition, the growing automotive industry is also contributing to the growth of the global cushioning materials market. Based on type, the bubble wrap segment is expected to lead the global cushioning materials market during the forecast period. This can be attributed to its properties such as high shock absorption and low compression set value.
Product Definition:
Cushioning materials are used to protect people and objects from the impact of a fall or collision. They can be found in products such as chairs, helmets, and furniture.
Bubble Wrap:
Bubble wrap, also known as flexible foam or air-filled plastic, is a type of cushioning material that consists of a network of interconnected bubbles. It is usually used for packaging sensitive items such as electronic equipment and pharmaceuticals. The primary function of bubble wrap is to provide cushioning between the item being packed and the surface on which it's being shipped; secondary functions include thermal insulation and vibration dampening.
The global market size was valued at USD 1.
Molded Pulp:
Molded pulp is a type of plastic that is manufactured from the polymerization of ethylene. It has several properties such as high strength, stiffness, and dimensional stability which make it suitable for manufacturing various components used in end-use industries such as automotive & transportation and building & construction. The growing demand for molded pulp in cushioning materials can be attributed to its features like durability, recyclability, lightweight characteristics along with cost effectiveness which makes it an ideal choice among consumers having different budgets.
Application Insights:
The food and beverage application segment accounted for the largest share of over 30.0% in 2017. The global demand for cushioning materials in this application is expected to witness significant growth on account of rising awareness regarding product safety and hygiene, coupled with an increase in the number of packaged food manufacturers globally.
Electronics & electricals is another major segment that is anticipated to witness considerable growth over the forecast period owing to increasing consumer disposable income levels coupled with growing emphasis on luxury products among emerging middle-class consumers across developing countries such as China India Japan Brazil etcetera. In addition, stringent government regulations related to e-commerce are further expected to boost industry expansion worldwide especially pertaining electronic gadgets packaging material suppliers operating through online channels will have an advantage over their offline counterparts due to economies of scale advantages thereby driving overall industry expansion at a healthy rate during the estimated time frame.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to rising product demand from various end-use industries, such as consumer goods, automotive, electronics and electricals. Increasing foreign investments coupled with favorable government policies are also expected to drive industry expansion in APAC during the forecast period.
The global market has been segmented into North America, Europe, Asia Pacific and Middle East & Africa (MEA). The MEA region accounted for a share of 13% in terms of volume in 2017 owing to high consumption levels of cushions across several industries including construction and automotive.
Growth Factors:
- Increasing demand for cushioning materials in the automotive industry to reduce noise and vibration
- Rising demand from the construction sector for use in flooring, insulation, and roofing applications
- Growing popularity of eco-friendly or sustainable cushioning materials
- Proliferation of online retail platforms that offer a wide range of cushioning materials products at competitive prices
- Development of innovative new cushioning materials technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Cushioning Materials Market Research Report
By Type
Bubble Wrap, Molded Pulp, Others
By Application
Food & Beverage, Electronics & Electricals, Pharmaceuticals, Personal Care & Cosmetics, Consumer Goods, Automotive
By Companies
Storopack Hans Reichenecker GmbH, Smurfit Kappa Group, FLÖTER Verpackungs-Service GmbH, ACH Foam Technologies, Alpek SAB De Cv, BASF SE, Kaneka Corporation, PJSC Sibur Holding, SABIC, Sunpor Kunststoff GmbH, Synbra Holding BV, Synthos SA, Brødr Sunde A/S
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Cushioning Materials Market Report Segments:
The global Cushioning Materials market is segmented on the basis of:
Types
Bubble Wrap, Molded Pulp, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Electronics & Electricals, Pharmaceuticals, Personal Care & Cosmetics, Consumer Goods, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Storopack Hans Reichenecker GmbH
- Smurfit Kappa Group
- FLÖTER Verpackungs-Service GmbH
- ACH Foam Technologies
- Alpek SAB De Cv
- BASF SE
- Kaneka Corporation
- PJSC Sibur Holding
- SABIC
- Sunpor Kunststoff GmbH
- Synbra Holding BV
- Synthos SA
- Brødr Sunde A/S
Highlights of The Cushioning Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bubble Wrap
- Molded Pulp
- Others
- By Application:
- Food & Beverage
- Electronics & Electricals
- Pharmaceuticals
- Personal Care & Cosmetics
- Consumer Goods
- Automotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cushioning Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cushioning materials are used to soften the impact of a surface on an object. This is done by either absorbing or dissipating energy.
Some of the major companies in the cushioning materials market are Storopack Hans Reichenecker GmbH, Smurfit Kappa Group, FL–TER Verpackungs-Service GmbH, ACH Foam Technologies, Alpek SAB De Cv, BASF SE, Kaneka Corporation, PJSC Sibur Holding, SABIC, Sunpor Kunststoff GmbH, Synbra Holding BV, Synthos SA, Br¸dr Sunde A/S.
The cushioning materials market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cushioning Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cushioning Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cushioning Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cushioning Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cushioning Materials Market Size & Forecast, 2018-2028
4.5.1 Cushioning Materials Market Size and Y-o-Y Growth
4.5.2 Cushioning Materials Market Absolute $ Opportunity
Chapter 5 Global Cushioning Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cushioning Materials Market Size Forecast by Type
5.2.1 Bubble Wrap
5.2.2 Molded Pulp
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cushioning Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cushioning Materials Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Electronics & Electricals
6.2.3 Pharmaceuticals
6.2.4 Personal Care & Cosmetics
6.2.5 Consumer Goods
6.2.6 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cushioning Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cushioning Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cushioning Materials Analysis and Forecast
9.1 Introduction
9.2 North America Cushioning Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cushioning Materials Market Size Forecast by Type
9.6.1 Bubble Wrap
9.6.2 Molded Pulp
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cushioning Materials Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Electronics & Electricals
9.10.3 Pharmaceuticals
9.10.4 Personal Care & Cosmetics
9.10.5 Consumer Goods
9.10.6 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cushioning Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Cushioning Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cushioning Materials Market Size Forecast by Type
10.6.1 Bubble Wrap
10.6.2 Molded Pulp
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cushioning Materials Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Electronics & Electricals
10.10.3 Pharmaceuticals
10.10.4 Personal Care & Cosmetics
10.10.5 Consumer Goods
10.10.6 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cushioning Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cushioning Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cushioning Materials Market Size Forecast by Type
11.6.1 Bubble Wrap
11.6.2 Molded Pulp
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cushioning Materials Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Electronics & Electricals
11.10.3 Pharmaceuticals
11.10.4 Personal Care & Cosmetics
11.10.5 Consumer Goods
11.10.6 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cushioning Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Cushioning Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cushioning Materials Market Size Forecast by Type
12.6.1 Bubble Wrap
12.6.2 Molded Pulp
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cushioning Materials Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Electronics & Electricals
12.10.3 Pharmaceuticals
12.10.4 Personal Care & Cosmetics
12.10.5 Consumer Goods
12.10.6 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cushioning Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cushioning Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cushioning Materials Market Size Forecast by Type
13.6.1 Bubble Wrap
13.6.2 Molded Pulp
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cushioning Materials Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Electronics & Electricals
13.10.3 Pharmaceuticals
13.10.4 Personal Care & Cosmetics
13.10.5 Consumer Goods
13.10.6 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cushioning Materials Market: Competitive Dashboard
14.2 Global Cushioning Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Storopack Hans Reichenecker GmbH
14.3.2 Smurfit Kappa Group
14.3.3 FLÖTER Verpackungs-Service GmbH
14.3.4 ACH Foam Technologies
14.3.5 Alpek SAB De Cv
14.3.6 BASF SE
14.3.7 Kaneka Corporation
14.3.8 PJSC Sibur Holding
14.3.9 SABIC
14.3.10 Sunpor Kunststoff GmbH
14.3.11 Synbra Holding BV
14.3.12 Synthos SA
14.3.13 Brødr Sunde A/S
