DUBAI, UAE / ACCESSWIRE / June 3, 2020 / Ecommerce industry has restated the importance of protective packaging owing to long distances involved during transit. Padded mailers are one of the most prominent forms of protective packaging in use today. Consumer electronics are the leading contributors of padded mailers market. Further, variegated end-use areas such as pharmaceutical products and automotive equipment employ padded mailers as effective packaging solutions. According to analysts of Future Market Insights (FMI), the global padded mailers market will follow steady growth curve at approximately 5% CAGR during the forecast period (2019-2029).
Specifically, the peel-and-seal padded mailers segment will gain more popularity over self-seal segment in this decade. However, the global padded mailers market will witness dampened growth due to the ongoing COVID-19 pandemic. The unprecedented public health crisis has led to massive disruption of supply chain. Top players are thus rethinking their strategies to reduce the vulnerability of their supply chain during the outbreak. Moreover, COVID-19 is likely to lower the pace of transformation from plastic to sustainable padded mailers if not halt it. Companies must therefore work on minimizing the reliance on just one country for supply chain requirements.
For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5750
Shift Towards Bioplastics – Blueprint of Success for Market Leaders
Plastic has been the material of choice for manufacturing padded mailers. However, owing to greater environmental sentience of consumers, leaders are gradually shifting towards sustainable, non-plastic alternatives. Bioplastics have emerged as the most lucrative substitute and are increasingly gaining traction. These are 100% degradable packaging materials sourced from agricultural waste. In addition, prominent manufacturers are adopting recyclable bubble sheets which are combination of polyethylene resins and oxo-biodegradable additives. However, the complete transition from plastic to biodegradable will be hampered due to COVID-19 outbreak.
For any queries linked with the report, ask an analyst@ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-5750
East Asia and Europe Collectively Account for 50% of Market Share
Both Europe and East Asia are projected to surpass North America padded mailers market by 2022 end, the first time ever in recorded history. Moreover, South Asia padded mailers market will outpace North America as well by observing an impressive CAGR. Abundant demand for padded mailers in the consumer electronics and food & beverages industries of Europe and East Asia is the growth engine of market. Additionally, ecommerce expansion in emerging Asian economies such as China, India, and Indonesia will bode well for market during the projection period. In-transit security and safety of delicate items such as consumer electronics will continue to amplify the demand for padded mailers through 2029. On that premise, East Asia and Europe will collectively account for 50% of revenue share in the overall market stack.
The FMI study offers near and long-term growth outlook of the padded mailers market. Gain access to FMI’s exclusive COVID-19 tracker here.
Explore Extensive Coverage of FMI’s Packaging Landscape
Stretch Films Market– Obtain valuable insights on the global stretch films market with comprehensive segmental analysis, market statistics, key influencing factors, prominent players and critical developmental strategies adopted by them for a predefined projection period.
Machine Glazed Paper Market– FMI’s report on the global machine glazed paper market offers an in-depth commentary on the market poised for prolific growth during 2019-2029. The study covers comprehensive evaluation of key impacting forces, revenue sources, and market leaders along with instrumental market strategies.
Bagging Equipment Market– Get a deep-dive analysis on the global bagging equipment market with key insights on growth levers, opportunities, restraints, retail policies, regional market forecasts and key forte of market leaders.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: firstname.lastname@example.org
For Media Enquiries: email@example.com
Market Report: https://www.futuremarketinsights.com/reports/padded-mailers-market
Press Release Source: https://www.futuremarketinsights.com/press-release/padded-mailers-market
SOURCE: Future Market Insights
View source version on accesswire.com: