As of August 2020, the S&P 500 index had lost 34 percent of its value due to the COVID-19 pandemic. However, the Great Crash, which began with Black Tuesday, remains the most significant loss in value in its history. That market crash lasted for 300 months and wiped 86 percent off the index value.

This paper utilizes data on subjective probabilities to study the impact of the stock market crash of 2008 on households' expectations about the returns on the stock market index. We use data from the Health and Retirement Study that was fielded in February 2008 through February 2009. The effect of the crash is identified from the date of the interview, which is shown to be exogenous to previous stock market expectations. We estimate the effect of the crash on the population average of expected returns, the population average of the uncertainty about returns (subjective standard deviation), and the cross-sectional heterogeneity in expected returns (disagreement). We show estimates from simple reduced-form regressions on probability answers as well as from a more structural model that focuses on the parameters of interest and separates survey noise from relevant heterogeneity. We find a temporary increase in the population average of expectations and uncertainty right after the crash. The effect on cross-sectional heterogeneity is more significant and longer lasting, which implies substantial long-term increase in disagreement. The increase in disagreement is larger among the stockholders, the more informed, and those with higher cognitive capacity, and disagreement co-moves with trading volume and volatility in the market.

Market Size statistics on the Bubble Tea Shops industry in United States

The Long Depression was, by a large margin, the longest-lasting recession in U.S. history. It began in the U.S. with the Panic of 1873, and lasted for over five years. This depression was the largest in a series of recessions at the turn of the 20th century, which proved to be a period of overall stagnation as the U.S. financial markets failed to keep pace with industrialization and changes in monetary policy. Great Depression The Great Depression, however, is widely considered to have been the most severe recession in U.S. history. Following the Wall Street Crash in 1929, the country's economy collapsed, wages fell and a quarter of the workforce was unemployed. It would take almost four years for recovery to begin. Additionally, U.S. expansion and integration in international markets allowed the depression to become a global event, which became a major catalyst in the build up to the Second World War. Decreasing severity When comparing recessions before and after the Great Depression, they have generally become shorter and less frequent over time. Only three recessions in the latter period have lasted more than one year. Additionally, while there were 12 recessions between 1880 and 1920, there were only six recessions between 1980 and 2020. The most severe recession in recent years was the financial crisis of 2007 (known as the Great Recession), where irresponsible lending policies and lack of government regulation allowed for a property bubble to develop and become detached from the economy over time, this eventually became untenable and the bubble burst. Although the causes of both the Great Depression and Great Recession were similar in many aspects, economists have been able to use historical evidence to try and predict, prevent, or limit the impact of future recessions.

In the research analysis conducted by FMI, the updated figure for the 2024 valuation of the kraft bubble mailer market is US$ 1,095.1 million. The market is put forward to progress steadily through the year 2034, with a CAGR of 4.2%. The 2034 valuation of the market is estimated to be US$ 1,652.3 million.

Category-wise Outlook

Country-Wise Analysis

Recent developments include: In December 2023, Chinese bubble tea company Heytea entered United States market by opening their first store in the country. In this newly opened store, they have sixteen different beverages available for buyers, including fruit-made tea and milk tea. , In December 2023, The Coffee Bean & Tea Leaf added Ceylon Milk Tea with Brown Sugar Boba to its menu in nine different stores on trial basis across Southern California and Arizona to address the growing demand for the product. .

Throughout the 1920s, prices on the U.S. stock exchange rose exponentially, however, by the end of the decade, uncontrolled growth and a stock market propped up by speculation and borrowed money proved unsustainable, resulting in the Wall Street Crash of October 1929. This set a chain of events in motion that led to economic collapse - banks demanded repayment of debts, the property market crashed, and people stopped spending as unemployment rose. Within a year the country was in the midst of an economic depression, and the economy continued on a downward trend until late-1932.

It was during this time where Franklin D. Roosevelt (FDR) was elected president, and he assumed office in March 1933 - through a series of economic reforms and New Deal policies, the economy began to recover. Stock prices fluctuated at more sustainable levels over the next decades, and developments were in line with overall economic development, rather than the uncontrolled growth seen in the 1920s. Overall, it took over 25 years for the Dow Jones value to reach its pre-Crash peak.

The USA bubble tea market is projected to grow from USD 1,075.9 million in 2025 to USD 2,691.6 million by 2035, reflecting a CAGR of 9.6%. This growth is driven by the increasing popularity of Asian beverages among younger demographics, coupled with the expanding footprint of specialty tea cafés and bubble tea chains across major USA cities.

Nano Bubbles Market size is expected to be worth around USD 292.4 Mn by 2033, from USD 134.2 Mn in 2023, growing at a CAGR of 8.1%

Ten pictures, data and code of the article "A comparative analysis of Sino-US stock market bubbles"

The North America Respiratory Bubble Humidifier report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

The Bubble Tea Shops industry has benefited from the boba craze among young individuals over the past five years. Serving as a comfort drink, bubble teas are available in various flavors and toppings, allowing the industry to reach a broader range of customers. As a result, industry revenue has expanded an annualized 9.1% to $2.6 billion over the five years to 2024.Unlike other food service industries that were hit hard during COVID-19, the Bubble Tea Shops industry was able to mitigate revenue losses due to the convenience of bubble tea as a take-out drink. As the pandemic subsides, industry revenue has recovered strongly as increased consumer spending enables customers to splurge on drinks outside the home. Simultaneously, the introduction of new toppings such as brown sugar pearl, coffee jelly, rainbow jelly, and many more has continued attracting new customers to the industry.Over the next five years, large bubble tea chains will continue to expand their franchise presence. Franchisees comprise most of this industry due to lower start-up costs and established brand names. As new franchisees continue to enter the industry, competition will likely stiffen in the coming years, driving down industry profit. Overall, industry revenue is expected to rise an annualized 2.3% to $2.9 billion over the five years to 2029.

The North America Single-Use Bubble Traps market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

Unlock data-backed intelligence on North America Bubble Tea Market, size at USD 980 million in 2023, showcasing demand trends and revenue insights.

US Bubble Tea Market Size and Forecast

US Bubble Tea Market size was valued at USD 542.6 Million in 2024 and is projected to reach USD 961.97 Million by 2031, growing at a CAGR of 7.42% from 2024 to 2031.

US Bubble Tea Market Drivers

Rising Popularity of Asian Cuisine: The increasing popularity of Asian cuisine, particularly among younger generations, has driven the demand for bubble tea, a popular Asian beverage.

Customization and Experiential Consumption: Bubble tea offers a high degree of customization, allowing consumers to choose their preferred tea base, flavorings, and toppings. This personalized experience attracts consumers and drives repeat business.

Social Media Influence: Social media platforms like Instagram and TikTok have played a significant role in popularizing bubble tea, with visually appealing drinks and trendy hashtags driving consumer interest.

US Bubble Tea Market Restraints

Seasonal Fluctuations: As a beverage typically associated with warm weather, bubble tea sales may fluctuate with seasonal changes, impacting overall market growth.

Price Sensitivity: The relatively higher price of bubble tea compared to traditional beverages may limit consumer purchasing power, especially among price-sensitive segments.

• The global Bubble Wrap Packaging market size in 2023 was XX Million. The bubble Wrap Packaging Industry's compound annual growth rate (CAGR) will be XX% from 2024 to 2031. • The increase in demand for e-commerce and consumer Bubble wrap packaging is becoming more in demand as biodegradable bubble wrap gains popularity. One of the main reasons propelling the bubble wrap market's expansion is the rise in online purchasing that occurs all over the world. • As there are government restrictions on the use of plastic, it also increases the risk to the environment, and it can cause a drawback for bubble wrap packaging • The need for protective packaging materials, like bubble wrap, has increased due to the growth of online shopping, as it guarantees the safe and secure delivery of items to customers in the E-commerce sector. • The Asia Pacific region holds the highest share in the bubble wrap packaging market because it provides creative packaging items at lower prices.

Market Dynamics of Bubble wrap packaging market:

Key Drivers

The increase in demand for e-commerce and consumer goods drives the demand for bubble wrap packaging market

The market for bubble wrap packaging has expanded as a result of the increase in customer demand. A common kind of plastic packing material for cushioning and safeguarding goods during storage and transit is bubble wrap. The need for bubble wrap packing to safeguard delicate items during shipment has significantly increased along with the growth of e-commerce and online shopping. For Instance, the growth of e-commerce is increasing in the US at a rapid rate. With an estimated eCommerce revenue of US$1,064,290.8 million by 2024, the US is expected to surpass the UK as the second-largest market. The global growth rate of 10.4% in 2024 was facilitated by the eCommerce market in the United States. Global eCommerce sales are predicted to rise over the coming years, similar to what is happening in the United States.(Source:https://ecommercedb.com/markets/us/all) Fragile goods include priceless chinaware, glasses, mirrors, and artwork such as paintings, sculptures, and vases. They are brittle and easily broken. As a result, the best packaging film to provide protection is bubble wrap. By acting as small shock absorbers, the air-filled bubbles protect the delicate contents from potential risks like dropped objects or hard handling. Additionally, bubble wrap serves as an insulator, shielding temperature-sensitive products from heat damage. The layers of plastic bubbles protect the products from any unfavorable conditions and help to keep a constant temperature inside the box, even in extremely hot or cold weather. The installation process is remarkably simple and versatile when using bubble wrap insulation. It is simple to apply to a variety of surfaces, such as walls, doors, and windows. Just by cutting the bubble wrap to the correct size, and using tape or adhesive to secure it. Because bubble wrap insulation is lightweight, it is simple to remove and reinstall as needed. This adaptability enables homeowners to change and adjust their insulation plans as necessary. For Instance, Insulation with bubble wrap on double-glazed windows can reduce heat loss by up to 20%. Cutting the heat loss in single-glazed windows by up to 50% by insulating the pane with bubble wrap. Hence, the growing trend of consumers favoring online shopping along with the quick expansion of e-commerce platforms is driving up demand for bubble wrap packaging solutions.(Source:https://www.howtogosolar.org/keep-the-heat-in-with-bubblewrap/ )Bubble wrap packaging is a popular option for many businesses since it is an efficient way to package breakable objects at a low cost of operation.

Bubble wrap packaging is becoming more in demand as biodegradable bubble wrap gains popularity.

Biodegradable polymers are made from renewable resources like cornstarch or plant fibers that are environmentally friendly bubble wrap. These materials can be broken down by fungi, bacteria, and other natural processes, which lessens their impact on ecosystems and landfills and makes them biodegradable. Delicate products are protected throughout handling and transportation thanks to the same level of cushioning and protection offered by biodegradable bubble wrap. Because it c...

The U.S. Bubble Tea Market size was valued at USD 434.11 USD Million in 2023 and is projected to reach USD 701.66 USD Million by 2032, exhibiting a CAGR of 7.10 % during the forecast period. Bubble Tea, which began its journey in Taiwan, is made from tea and can be blended with milk or fruits and is also garnished with small chewy balls, called tapioca pearls. Its varieties include normal milk tea, fruit tea, and Smooth milk tea, and the new/crazy milk tea variety that includes cheese tea. Some of the others are the adjustable sweetness levels, and temperature based on the toppings such as boba, jelly, or popping pearls. Popular for its taste and different textures, Bubble Tea has been the newest trend as it goes viral in the United States of America. Key drivers for this market are: Expansion of International Brands in Saudi Arabia to Fuel Market Growth. Potential restraints include: Availability of Alternative Products in Caffeinated Beverages Category may Impede the Market Growth. Notable trends are: Rising Popularity of Veganism to Fuel Market Growth.

Comprehensive dataset of 9,637 Bubble tea stores in United States as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Graph and download economic data for NASDAQ Composite Index (NASDAQCOM) from 1971-02-05 to 2025-07-10 about NASDAQ, composite, stock market, indexes, and USA.

The North America Gums Market is segmented by Confectionery Variant (Bubble Gum, Chewing Gum), by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others) and by Country (Canada, Mexico, United States). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.